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Encryption News

Encryption is the process of encoding information in such a way that makes it impossible for unauthorized parties to access it while allowing access by authorized parties. Encryption doesn’t protect a message from being intercepted, but makes it impossible to be understood by the interceptor. Encryption software mostly uses a pseudo-random encryption key which makes it expensive for the intruder to decrypt a message, but easy for the authorized party to do so with a key. Encrypted messaging can be performed via encryption with public keys or private keys. Private keys require both parties to have the same decryption and encryption key, in comparison to public keys which involve public and free-to-use encryption keys with a private decryption key for the receiving party. Encryption had mostly been used by military forces but then gained wide usage by private companies and individuals to protect their personal information.
Follow up
Canadian cryptocurrency exchange is in hot water.
QuadrigaCX Is Filing for Creditor Protection Amid Liquidity Crisis, Community Remains Largely Skeptical
Stephen O'Neal
2019-02-05T16:56:00+00:00
5193
News
Merck, the world’s oldest pharma firm, has won a USPTO blockchain patent that aims to increase supply chain security.
Global Pharma Giant Merck Wins US Blockchain, AI Patent for Product Authenticity
Helen Partz
2019-01-31T16:00:00+00:00
5903
News
Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others.
Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform
Helen Partz
2019-01-14T16:31:00+00:00
3446
News
Swiss-based SIRIN Labs will launch its first blockchain-enabled FINNEY phone tomorrow, Nov. 29, at a retail price of $1,000.
Swiss Electronics Supplier SIRIN Labs to Launch Its First Blockchain-Based Smartphone
Helen Partz
2018-11-28T13:50:00+00:00
6208
News
Ticketmaster has acquired blockchain-focused live events firm Upgraded to enhance its ticketing system and prevent fraudulent tickets.
Ticketmaster to Enhance Ticketing System with Blockchain in New Partnership
Helen Partz
2018-10-18T17:09:00+01:00
8398
News
The U.S.’s second-largest bank, Bank of America, has applied for a blockchain patent for developing an encrypted crypto storage system for enterprises.
Bank of America Applies for Blockchain-Based Encrypted Crypto Storage System Patent
Helen Partz
2018-08-25T01:54:00+01:00
15256
News
Recent research by Virgil Security, Inc. claims that the new Telegram Passport service is vulnerable to brute force attacks.
Research: Telegram Passport Is Vulnerable to Brute Force Attacks
Ana Alexandre
2018-08-02T01:55:00+01:00
14872
News
The crypto industry’s go-to messenger app Telegram launches an encrypted personal identification tool, Telegram Passport.
Telegram Reveals Personal ID Verification Tool for Sharing Data with ‘Finance, ICOs’
Helen Partz
2018-07-28T18:23:00+01:00
29763

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