The custody bank said it will hold, transfer and issue bitcoin and other cryptocurrencies on behalf of its asset-management clients.
Quantum Encryption, Privacy Preservation, And Blockchains — Dr. Vipul Goyal, NTT Ltd. Cryptography & Information Security Labs
Dr Vipul Goyal is a senior scientist at NTT Research (a division of Nippon Telegraph and Telephone Corporation, a telecommunications company headquartered in Tokyo, Japan.) and an Associate Professor in the Computer Science Department at Carnegie Mellon University (CMU), where he is part of the Crypto group, the theory group, a core faculty at CyLab (CMU security and privacy institute) and the faculty advisor of CMU Blockchain Group.
Previously, Dr. Goyal was a researcher in the Cryptography and Complexity group at Microsoft Research, India.
Dr. Goyal received his PhD from the University of California, Los Angeles.
Dr. Goyal is broadly interested in all areas of cryptography with a particular focus on the foundations of cryptography. Currently his research topics include secure multi-party computation, non-malleable cryptography, and foundations of blockchains.
Dr. Goyal is a recipient of several awards such as a JP Morgan faculty fellowship, a 2016 ACM Computer and Communications Security test of time award, a Microsoft Research graduate fellowship, and, a Google outstanding graduate student award.
Dr. Goyal was also named in the Forbes magazine 30 under 30 list of people changing science and healthcare in 2013.
“Considering the whole industry is still in its preliminary stage, BSN has a long way to go,” Liu said. “It’s expensive to build a blockchain. Different platforms have different structures. Data are not interchangeable. Relevant projects are hard to promote. These problems have yet to be addressed by BSN.”
Last year was a big year for blockchain projects in China after President Xi Jinping called for further development of the technology at the end of 2019, but the country continues to shun cryptocurrencies like bitcoin.
China launched its first blockchain-based scientific data network on Wednesday to facilitate open and secured sharing of research information, which can help track and optimize the publishing process, as well as curb academic fraud, according to the Computer Network Information Center of the Chinese Academy of Sciences.
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Bitcoin options’ daily trading volume has crossed the $1 billion mark for the first time, as bitcoin surges past $23, 000.
Crypto exchange Deribit leads the bitcoin options market, followed by Bit.com and OKEx, according to tracker Skew. Meanwhile, bitcoin is trading hands at around $23, 550 on Coinbase, according to TradingView.
Deribit CEO John Jansen told The Block that it is “quite a special day” as all metrics have hit new all-time high records for the exchange — total open interest, total turnover, and total options turnover.
Bitcoin has been hyped as the currency of the future. And it does have its advantages, as we discussed in the previous video. However, Bitcoin is far from perfect. Because of its finite supply, there is the real possibility of “lost Bitcoins” leading to lost fortunes. These lost fortunes may lead to the erosion of public trust in Bitcoin.
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