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China Aims to Be the World’s Dominant Blockchain Power – With Help From Google, Amazon and Microsoft

China's blockchain infrastructure BSN is set to provide global access to its services next month.The network’s reliance on U.S. cloud service providers makes it vulnerable to geopolitical risks.Rising tension between the U.S. and China over the last several months could increase such risks.China's developments in other technology areas have already

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Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks

Microsoft Security Intelligence alerted users to a type of ransomware, called Avaddon, that uses Excel 4.0 macros to distribute malicious emails. These emails contain attachments which deploy an attack when opened in any version of Excel.Avaddon ransomware emerged in early June through a massive spam campaign that randomly targeted its

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Microsoft, EU-Based Universities Say Blockchain Could Help Meet Paris Agreement Carbon Goals

U.S. tech giant Microsoft and universities in Germany and Denmark have released a paper outlining the potential benefits of blockchain technology in building an international carbon credit market. The paper, published Monday and titled “Blockchain Application for the Paris Agreement Carbon Market Mechanism – A Decision Framework and Architecture,” specifically looks

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Microsoft Releases Bitcoin-Based ID Tool as COVID-19 Tracing Draws Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs.  Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft

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Microsoft Releases Bitcoin-Based ID Tool as COVID-19 ‘Passports’ Draw Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs.  Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft

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Baseline Integrates Microsoft and Google Spreadsheets Using Ethereum Mainnet

The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365.The new function allows for the maintenance of verifiably consistent records using a spreadsheet in conjunction with an enterprise resource planning (ERP) solution.Baseline published a proof-of-concept on June 7 demonstrating the "baselining" of spreadsheet data to verify that

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Quarantined Gamers Are Straining Microsoft Azure-based Blockchain Platform

Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering.In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its Azure cloud services. The company admits

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