Tuesday, October 15News That Matters

Technology

Jun152021 by The Kabul PostNo Comments
How does blockchain technology work?

How does blockchain technology work?

Technology
Blockchain is the innovative database technology that’s at the heart of nearly all cryptocurrencies. By distributing identical copies of a database across an entire network, blockchain makes it very difficult to hack or cheat the system. While cryptocurrency is the most popular use for blockchain presently, the technology offers the potential to serve a very wide range of applications. What Is Blockchain? At its core, blockchain is a distributed digital ledger that stores data of any kind. A blockchain can record information about cryptocurrency transactions, NFT ownership or DeFi smart contracts. While any conventional database can store this sort of information, blockchain is unique in that it’s totally decentralized. Rather than being maintained in one location, by a centralized ad...
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Jun102021 by The Kabul PostNo Comments
China’s New Data Law Gives Xi the Power to Shut Down Tech Firms

China’s New Data Law Gives Xi the Power to Shut Down Tech Firms

Technology
China’s new data security regime gives President Xi Jinping the power to shut down or fine tech companies as part of his drive to wrest control of vast reams of data held by giants like Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Firms found mishandling “core state data” can be forced to cease judi slot operations, have their operating licenses revoked or fined up to 10 million yuan ($1.6 million) under a law passed Thursday by the Asian nation’s top legislative body. Companies that leak sensitive data abroad can be hit with similar fines and punishments, and those providing electronic information to overseas law enforcement bodies without permission can face financial penalties up to 5 million yuan and business suspensions, according to the law situs judi slot online resmi pu...
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