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Customs and border protection, U.S. (CBP) plans to use blockchain technology for verifying compliance with the rules of free trade agreements NAFTA and CAFTA certificates. In the North American free trade area (NAFTA) includes the United States, Canada and Mexico. The CAFTA free trade agreement unites the Dominican Republic and five Central American States. Business transformation and innovation Director of CBP Vincent Annunziato said that the” field tests " of the blockchain platform will begin in September. Its task is to confirm that imported products are produced where stated. In addition, the system will allow the Agency to verify other information about imported products, it can also be used to authenticate trademarks and verify the physical properties of the goods. CBP hopes that the use of blockchain technology will eventually help to abandon paper work. As an example, Annunziato cited the authentication and physical properties of the imported Louis Vuitton bag. On the blockchain platform, as he said, you can quickly get data on request, for example, where it is sewn and what color it should be. In principle, all this information is contained in the 150-page document accompanying the product. But it is necessary to look for it manually, the representative of CBP noted. We will remind, earlier the Ministry of national security of the United States has provided a grant to startup Factom for beta testing opportunities ensure the security of data CBP collected by the monitoring equipment, such as cameras and sensors, using blockchain technology. #icryptogentleman #bitcoin #btc #cryptocurrency #crypto #blockchain #mining #itoken #altcoins #ethereum #eth #bitcoincash #bch #ltc #litecoin #ripple #buybitcoin #usdt #cardano #stellar #trading #exchange #coinbase #bittrex #investing #exchange #investing #live #news #usa

IBM has applied for a transaction ID system that will be based on blockchain nodes. U.S. patent and trademark office (USPTO) released its August 16. The system described in the application involves extracting data from blockchain nodes to identify different types of transactions. Any transaction is assigned a node or multiple nodes that can store valuable information about the nature of the transaction. According to the document, the system involves "text mining, analysis and detection of information, internal control, semantic extraction and detection of objects based on ontology." This data extraction model is designed to help Supervisory authorities monitor the security of data in the blockchain. In particular, the system will help to enforce the law on anti-money laundering (AML), identifying, does not commit if a site is suspicious activity on the blockchain during the processing of the transaction. As such activity can be considered, for example, exceeding a certain limit on the transfer of funds during the day or interaction with a certain structure. The described system is equipped with modules that can be implemented as programmable hardware devices. Bank holding company Capital One, in turn, has filed a patent application for a system for authenticating users based on the blockchain, designed to ensure the implementation rules "know your customer" and other safety requirements, and Coinbase has expressed a desire to patent the design, which solve the problem of theft of private keys from the wallets of users. #icryptogentleman #bitcoin #btc #cryptocurrency #crypto #blockchain #mining #itoken #altcoins #ethereum #eth #bitcoincash #bch #ltc #litecoin #ripple #buybitcoin #usdt #cardano #stellar #trading #exchange #coinbase #bittrex #investing #exchange #investing #live #news #ibm

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Australian Demand Film has released a new virtual currency to reward users who advertise and watch movie trailers. Demand Film officially releases a cryptocurrency known as" Screencreds " before the company starts operating in Germany next Tuesday. The new digital coin is the latest example of how digital currencies and blockchain technology are creating trends in the film industry. Paying people to watch Screencreds ' Idea is to give people an incentive to promote a product from Demand Film. The company organizes theatrical screenings of films, including documentaries, based on consumer demand. CEO Film David Demand during pregnancy told the Hollywood Reporter that the people who watch and share movie trailers, you can earn cryptocurrency as a reward. Dopel said the payouts would be based on the number of people who view the trailer and then buy the tickets. Dopel also said that the virtual currency will be added to the NCX exchange in Australia in the coming months. Author: Andrey Lyamzin analyst Freedman Crypto Club News Image from Fotolia the Message Film Demand will pay people for viewing trailers in cryptocurrency appeared first on Freedman.club News: All the news about Bitcoin, Cryptocurrencies, Blockchain, ICO. #icryptogentleman #bitcoin #btc #cryptocurrency #crypto #blockchain #mining #itoken #altcoins #ethereum #eth #bitcoincash #bch #ltc #litecoin #ripple #buybitcoin #usdt #cardano #stellar #trading #exchange #coinbase #bittrex #investing #exchange #investing #live #news #newyork

Price and price movement for Tether so far in August

Capital One will use the blockchain to authenticate users. According to the patent application, which was originally filed in June 2017 with the U.S. patent and trademark Office (UPSTO), Capital One is creating a blockchain system that will allow users to receive, store and retrieve encrypted authentication data. The document describes a distributed registry of authentication interactions that does not require trust, which will allow users to authenticate themselves in different institutions. At the same time, it limits the amount of information distributed between them. For example, this method can be used to retrieve user credentials when the user starts the authentication process (only if the user has the appropriate profile). Then, based on the information received, the system authenticates or denies the user whose data is securely stored in the blockchain. As stated, this innovation will help agencies reduce the time and resources at the beginning of work with new clients. Moreover, according to the patent application, this system can be useful for the users themselves, who during the transition from one institution to another may be “outraged” by the need for re-authentication. Thus, representatives from Capital One claim that from using the combined authentication system, the authentication of the managing interactions for the different institutions can win how companies and customers. According to the authors of the patent, one of the possible applications of this technology in business may be to meet regulatory and legal requirements for the identification of customers that need to be followed by most financial institutions in the world to reduce the risk of money laundering. #icryptogentleman #bitcoin #btc #cryptocurrency #crypto #blockchain #mining #itoken #altcoins #ethereum #eth #bitcoincash #bch #ltc #litecoin #ripple #buybitcoin #usdt #cardano #stellar #trading #exchange #coinbase #bittrex #investing #exchange #investing #live #news #capitalone

Forget Bitcoin ETF, an ETN Exchange-Traded Notes in Sweden already allows US investors to invest in BTC. #etf #sweden🇸🇪

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