Page 4,493«..1020..4,4924,4934,4944,495..4,5004,510..»

The future isn’t cloud. It’s multi-cloud – Network World

Network World | Feb 6, 2017 7:58 AM PT

Your message has been sent.

There was an error emailing this page.

Cloud computing was supposed to simplify IT environments. Now, according to a recent study by Microsoft and 451 Research, nearly a third of organizations work with four or more cloud vendors. It would seem multi-cloud is the future of cloud computing. But what is driving this trend?

Some organizations simply want to have more optionsusing multiple cloud providers to support different applications and workloads mean they can use the solution best suited to their needs. For example, an organizations core applications may need resilient applications that can run even if local power is lost or that can expand or contract their capacity depending on workload.

Other departments in the same organization may need customer management and data analytic and modelling tools available anywhere in the world to enhance productivity.

Settling on a single cloud model would create compromises for such an organization that would ultimately dilute its benefits and the business use case. Its inevitable big companies with many divisions and their own agendas and vendor alliances will end up with multiple clouds.

According to a report by Ovum, a quarter of European firms are unhappy with their cloud service provider largely due to poor service performance, weak service-level guarantees and a lack of personalized support.

Organizations tend to prefer a multi-cloud strategy to get out of the keeping all your eggs in one basket problem that can leave them vulnerable to a variety of issues, such as cloud data center outages, bandwidth problems and vendor lock-in. A cloud application that consistently goes offline doesnt reflect well on a business and can ultimately lose it customers. If critical data and applications depend on a single cloud provider the ability to negotiate through business disagreements and arbitrage compute and data storage pricing is also constrained.

Data sovereignty and compliance issues are also leading to a surge in multi-cloud as organizations, particularly in Europe, worry about how to comply with current rules and their exposure if they operate in areas where no rules governing cloud services yet exist. Storing data locally minimizes issues over data sovereignty whilst directing traffic to data centers closest to users based on their location is vital for latency-sensitive applications.

While organizations may want to deploy a multi-cloud strategy, the reality is that moving between clouds can be challenging. Unfortunately, no two IT environments are ever alike, and the cloud is no exception. While cloud providers do all they can to make it simple for their clients to move applications to their platforms, they dont want to make it easy to leaveafter all absolute portability would reduce their business to a price-sensitive commodity.

Many organizations are rightly concerned about the downtime involved in moving petabytes of data between cloud providers. Fortunately, the same patented Active Data Replication technology that all the major cloud vendors offer to make it simple for customers to move to the cloud can also be used to migrate data between the clouds.

The recent acquisition by Google of Orbitera, a platform that supports multi-cloud commerce, show that Google recognizes that multi-cloud environments are the future. The ramifications of this are huge. While Amazon Web Services (AWS) remains the dominant player in the space, businesses wanting the freedom to juggle multiple cloud services and avoid vendor lock-in may well help the other players to catch up.

In a market estimated by Gartner to be worth $240 billion next year, multi-cloud creates a new front in the so-called cloud computing wars. This can only be good news for those businesses looking for flexibility, cost savings and ultimately better solutions.

This article is published as part of the IDG Contributor Network. Want to Join?

David Richards is co-founder, president and CEO of WANdisco. He has more than 15 years of experience as an executive in the software industry and sits on boards and advisory boards of Silicon Valley startups.

Sponsored Links

Visit link:
The future isn't cloud. It's multi-cloud - Network World

Read More..

Strategic Focus Report – Cloud Computing – PR Newswire (press release)

LONDON, Feb. 8, 2017 /PRNewswire/ -- Summary This strategic focus report analyses the current trends, drivers, and inhibitors impacting the cloud computing market. The report outlines the evolution of cloud computing technologies, and identifies and assesses the best performing vendors in the market. This report also presents view of the revenue opportunities in the cloud computing market through to 2020, highlighting the market size and growth by technology, geography, sectors, and size band. Moreover, following in-depth ICT decision maker surveys, the report outlines enterprises' investment priorities in the cloud computing segment.

Key Findings - The emergence of big data platforms such as Hadoop and NoSQL, as well as the need to perform high processing operations involving machine learning and predictive analytics, hybrid cloud appears to be the best option for enterprises. - Containers as a service (CaaS) is emerging as the enhanced version of the platform as a service (PaaS) offerings, as PaaS services are becoming increasingly more commoditized by the day, making it difficult for vendors to create any differentiation. - The growing demand for disaster recovery services in the cloud environment has persuaded IT vendors to develop innovative cloud solutions while keeping disaster recovery and business continuity as the central theme, which are now being termed as disaster recovery as a service (DRaaS).

Synopsis Strategic Focus Report - Cloud computing analyses the current trends, drivers, and inhibitors impacting the cloud computing market. The report outlines the evolution of cloud computing, and identifies and assesses the best performing vendors in the market. This report also presents view of the revenue opportunities in the cloud computing market through to 2020, highlighting the market size and growth by technology, geography, sector, and size band. Moreover, following in-depth ICT decision maker surveys, the report outlines enterprises' investment priorities in cloud computing. This product covers the latest trends in the cloud computing market, coupled with insight into the vendor landscape and market size in the cloud computing domain.

In particular, it provides an in-depth analysis of the following: - The latest trends impacting the cloud computing market. - The market drivers (both supply-side and demand-side) that will facilitate the growth of the cloud computing market. - The market inhibitors that may hinder the pervasive adoption of cloud computing. - Identification of the top ICT vendors in the cloud computing market, coupled with an overview of the top 5 vendors. - The primary findings from view of revenue opportunities in the cloud computing market through to 2020, highlighting the market size and growth by technology, geography, sectors and size band. - An identification of enterprises' investment priorities based on their budget allocations relating to cloud computing.

ReasonsToBuy - Understand the cloud computing landscape, the recent trends, drivers, and inhibitors shaping the cloud computing segment. - Comprehend the cloud computing vendor landscape and track their relative performance in the cloud computing market to gain a competitive advantage. - Enhance your market segmentation by analyzing the revenue opportunity forecasts figure in the cloud computing market from 2015 to 2020, spanning six regions, 14 verticals, and two size bands. - Understand how organization's cloud computing requirements are set to change in the next two years in order to prioritize your target market.

Download the full report: https://www.reportbuyer.com/product/4595288/

About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com

For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: query@reportbuyer.com Tel: +44 208 816 85 48 Website: http://www.reportbuyer.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/strategic-focus-report---cloud-computing-300404494.html

Here is the original post:
Strategic Focus Report - Cloud Computing - PR Newswire (press release)

Read More..

What MSPs Must Have for Customer Cloud Security – Talkin’ Cloud

In outsourced cloud computing services, public cloud Platform as a Service (PaaS) providers only ensure security on the outside of the cloudnot inside. For security inside the cloud, PaaS users have to take matters into their own hands. While that should concern all public cloud denizens, for managed service providers (MSPs) the issue gets magnified by the number of customers on their Software as a Service (SaaS) solutions.

Its the most important practice for security practitioners to do everything to minimize risk of SaaS infrastructure security gaps within their own organizations first, says Chris Carter, CEO, Approyo, a global SAP solution provider. Some of the most important steps can help security managers tighten cloud security and keep their organizations safe by leveraging Cloud Access Security BrokersCASB. These tools help executives find unauthorized applications and manage risk across all their clouds.

And with many MSPs responsible for a great and growing number of customer public cloud instances, it has become impossible to manually maintain security on them all. However, continually monitoring security and configuration vulnerabilities exists as a mission-critical item to cross off the MSP checklist. How to accomplish it has yet to receive an answer. Talkin Cloud reached out to industry thought leaders to ask what they think. What follows remains anecdotal and does not purport to cover all aspects of the subject. If something significant got left out, leave a comment. Lets discuss it.

The In Crowd Source

With large public cloud PaaS providers like Amazon Web Services (AWS) and Microsoft Azure busy battling for control of the internet business of governments and Fortune 500 companies, they may have overlooked prospects of the MSP marketand its ecosystem of startups. While inside-out-only security seems just fine for those large customerswho have their own legacy business IT departments to worry about internal securityit does not come close for MSPs and the Internet of Things (IoT) and billions of device events headed their way.

Even the most secure cloud providers only offer security of the cloud, says Matthew Fuller, co-founder, CloudSploit, provider of automated AWS security and configuration monitoring. The user is responsible for security in the cloud. As groups, roles and devices change, oversights and misconfigurations open vulnerabilities that can lead to outright hacks or financial DDoS.

To help solve this issue, continual monitoring of AWS instances can prove effective. For example, CloudSploit customers can run tests that they choose or want to create and as frequently as desired, according to Fuller. And if they find issues, CloudSploit alerts designees, keeping records of findings, detailed issue descriptions and likely resolutions, according to Fuller.

Security experts from around the world contribute to CloudSploit, Fuller says. It is an open source project with goal of increasing compliance with best practices to protect MSP infrastructure and customer information.

Benchmarks, Shared Responsibility and Control Planes

With MSPs overwhelmed by information technology (IT) applications duties and customers at best novices about cloud security in many cases, exactly how it must get done remains dubious. Agreement as to the course of action and who has onus for completion must take priority before establishing SaaS defenseand before a cloud exploit comes into existence.

The cloud provider shared responsibility model places a security burden on enterprises consuming services, says Dave Ginsburg, vice president, marketing, Cavirin, provider of security and compliance across physical, public and hybrid clouds. But, in some cases, IT will not have the processes or expertise to properly mitigate risk. The result may be a breach that could have been prevented or reluctance to move critical applications to the cloud, creating competitive disadvantage.

What MSPs and cloud customers need remain consensus benchmarks to properly share responsibility for their respective pieces of the security pie. The fact that cloud workloads now exist in constant fluxexacerbated by virtualization and containersmakes it even more critical, according to Ginsburg. But how do you gauge performance of how the parties divide the responsibility?

Therefore, enterprises require continuous visibility into their security postures and one set of tools designed to test against benchmarks that include NIST, CIS, PCI, HIPAA and FISMA, Ginsburg says. Tools deployed by the enterprise should support these and have full visibility into different AWS services via APIs. The same applies for Microsoft Azure, Google Cloud Platform and others.

Fortunately, many public PaaS providers including AWS have issued security best practices for hardening cloud instances that align with CIS. And MSPs can employ third party compliance solutions to help implement them. In addition, both AWS and Azure provide sophisticated tools to secure access to their control planes.

A control plane compromise is generally worse than a server compromise, as control planes provide access to servers as well as direct access to the account, says Jarret Raim, head of strategy and operations, Rackspace Managed Security. Rackspace tools like CloudTrail from AWS will surface the changes made to the control planes and should be monitored for abuse.

Points of Demarcation

Hand-in-hand with the cooperation that must exist between MSPs and customers when it comes to security, a boundary must delineate where each has total responsibility in cloud defense. And it cannot come as an afterthought. Security among MSPs and customers needs careful planning built in the beginning, with proper resource liaising a must, according to cyber infrastructure experts.

Security management is a key prerequisite for driving a cloud strategy, says Steve Hanney, chief cloud officer, Presidio, an IT solutions provider focused on digital infrastructure, cloud and security solutions. And with vendor management from the outset paramount, there must be a demarcation of responsibility defined between MSP and customer.

After creating customer security rules of engagement, MSPs can craft secure and compliant environments that protect services and data seamlessly, end-to-end throughout the relationship lifecycle, according to Hanney. This secure network access controlsecure infrastructureestablishes appropriate predefined traffic rules using firewalls, network policy engines and secure tunnels between customer on-premises data center environments and off-premises MSPs, paraphrasing Hanney, with reference link provided by Cloudscene.

Blacklisting vs. Whitelisting

As the off-premises cloud solutions concept takes hold, the trust model of internet connection must change, in the view of some IT experts. Whereas a presumed-innocent-until-proven-guilty mindset that attempted to fingerprint black hats upfront has prevailed among many security experts until now, the explosion of links in cloud computing has made more cautious practitioners dissent and opt for a trust-but-verify stance to identify white hats in advance.

The cloud is becoming a set of computing utilities and will be as essential as the electricity grid, says Amir Sharif, co-founder, Aporeto, provider of comprehensive cloud-native security for deploying and operating cloud-native applications. Like any critical service, security needs to be part of cloud infrastructure and automatic. Protecting individual data assets in the cloud requires a whitelist security model, only allowing intended connections, instead of the existing blacklist model, where all links are implicitly allowed unless explicitly prohibited.

Implementation of this security model requires a robust policy regime where application and personal intention get captured, if possible, and described easily, according to Sharif.

Password Reuse and Brute Force Attacks

As many know, the internet has become increasingly hostile, with cyber criminals targeting poorly secured hosted services. For example, at MSPs and other hosted services, applications can come under attack from old-fashioned hacking attempts like password reuse attack and bruteforce attack. This poses particular problems for MSPs that use remote monitoring and management (RMM) solutions to administer customer accounts, according to MSP security experts.

The most likely RMM compromise is a password reuse attack, says Ian Trump, global security lead, SolarWinds MSP. This scenario led to account compromise in hosted services like GitHub and others. Also, this attack is the easiest to mitigate. By simply enabling Two Factor Authentication (2FA) protection of your RMM dashboard, it easily prevents account compromise in event your password falls into hands of the bad guys from a previous data breach.

Brute forced weak passwords guessing attacks of RMM accounts remain the next most likely MSP exploit, according to Trump. But SolarWinds always offers 2FA options to customers to mitigate successful guesses by hackers, according to Trump.

And MSPs can prevent further hacking by banning IP addresses of where brute force attacks emanate, according to Trump.

Follow this link:
What MSPs Must Have for Customer Cloud Security - Talkin' Cloud

Read More..

Stop wasting the cloud! – App Developer Magazine

Posted Wednesday, February 08, 2017 by RICHARD HARRIS, Executive Editor Some people think about the public cloud is as a utility - you can buy services on demand, just like electricity, or water, or heating. Each of these utilities are consumable - as you grow you can consume more, as you shrink you can consume less. In the case of the public cloud, you are consuming IT-related infrastructure and services to build, test, and run enterprise and consumer applications which we consume either as an enterprise (e.g., Salesforce) or a consumer (e.g., Netflix) . But like any utility, there is waste - lights are left on, faucets leak or are left running, and the heat running when you are not home. This is why there are now consumer applications like Nest. Buildings and homes alike have automated ways to turn lights and water off/on to reduce waste and save money and protect the environment. Why should the public cloud be any different? We wanted to dig deeper into cloud waste and the problem it's creating, so who better to talk to than the CEO ofParkMyCloud,Jay Chapel. Here's how the conversation went. ADM: What is "cloud waste? Chapel: Cloud waste occurs when organizations spend money on cloud services they are not actually using. According to estimates by ParkMyCloud (based on numbers from Gartner and others), up to $6 billion is wasted on unused cloud services every year. This waste comes from servers left running when people are not using them (at nights and weekends), oversized databases, servers not optimized for the applications they support and storage volumes not being used or lost in the cloud. These are just a few examples of cloud waste. ADM: Why is it a problem? Chapel: Wasting money is always a problem for businesses. When significant portions of the budget are spent on unneeded services, it limits the resources available for more critical uses. Worse, cloud waste often goes unnoticed. This can impose unnecessary strains on limited budgets over months or even years. ADM: Why has there been little written about this issue? Chapel: Little has been written about this issue because most are not even aware of it. In the broader scheme of things, cloud services are still young. We saw a trend in data center usage that were now seeing repeated in cloud: first, companies adopt the new services. Second, they grow in use of those services. Those two stages are obvious, but then there's a third stage after the growth: optimization. Both usage and spend need to be optimized. ADM: Are most companies even aware of their amount of cloud waste? Chapel: Many companies are aware that they need to better optimize their cloud services, but are only just now exploring the best ways to do so. So, with cloud waste, there is not a great level of awareness. Of course, this is what makes it such a problem. Once organizations become aware of it, they can start to act to reduce cloud waste. ADM: What is the solution to ending cloud waste? Chapel: Since wasted spend is a multi-faceted problem, there is no one answer that solves all aspects of cloud waste. However, there are a few straightforward steps that organizations can take. First, they should ensure that they are using proper governance measures to limit who in the organization can spin up new resources, and to ensure there is one point of single visibility. Second, they should start with one of the easiest ways to reduce cloud spend immediately: turning non-production resources - those used for internal purposes such as development, testing, and staging - off when they are not needed. A great place to start is on nights and weekends.

After that, organizations can look at right-sizing resources - ensuring that servers are not over-sized for the applications they support - and finding and eliminating orphaned storage volumes that are no longer needed.

Originally posted here:
Stop wasting the cloud! - App Developer Magazine

Read More..

GitLab’s Not Alone: AWS, Google and Other Clouds Can Lose Data, Too – The VAR Guy

Data stored in the cloud may feel safe. But as GitLab users learned the hard way last week, data loss can occur even on well managed public cloud platforms. Here's a look at five examples of cloud data failures on major public clouds.

Cloud data feels safe because professionally managed cloud hosting platforms tend to be more reliable than on-premise infrastructure. Cloud vendors are probably larger and have more resources than your company does. They have sophisticated backup strategies and disaster-recovery processes in place.

For these reasons, it's easy to assume that data you consign to the cloud -- or at least to a part of the cloud that is managed by a major cloud-hosting company -- is safe from permanent data loss.

But even the best-managed cloud data host plans often -- or at least sometimes -- go awry.

Consider the following instances where data loss occurred on major cloud platforms:

What does this all mean for the channel -- and for you? It's simple: No data stored in the cloud (or in any other single location, for that matter) is ever totally safe. That creates an opportunity for companies that can provide back-up and disaster-recovery services to complement those that come with public cloud hosting plans.

And for individuals, incidents like those described above are a reminder that you should still do your own backups. (Yes, I'm writing from a position of hypocrisy here.) Don't rely on the cloud alone.

Read the original:
GitLab's Not Alone: AWS, Google and Other Clouds Can Lose Data, Too - The VAR Guy

Read More..

Rackspace is cuting 6% of its workforce – Network World

By Brandon Butler

Senior Editor, Network World | Feb 8, 2017 2:11 PM PT

Your message has been sent.

There was an error emailing this page.

Via a blog post by CEO Taylor Rhodes, Texas-based cloud computing company Rackspace announced that it is cutting about 6% of its workforce in areas that have seen slowed growth in recent years.

+MORE AT NETWORK WORLD: How Rackspace will stay alive in cloud: Stop competing with Amazon, start partnering +

Rhodes says the cuts will primarily be focused on the companys corporate administrative expenses and management, and that the companys front-line support staff and product teams will be least impacted by the layoffs. Rackspace did not provide additional details about where the cuts will come from or the specific number of employees that would be impacted, saying only they are in areas where the workforce has grown more rapidly than the revenue.

InSeptember2016, Rackspace reported that it had 6,115 workers.Six percent of that would be about 366 employees.

Fast-growing sectors of the companys business notably its Managed Security, Hosted OpenStack and VMware clouds, and Managed Amazon Web Services and Microsoft Azure public cloud products will not be cut.

We will continue to invest and build our capabilities in these fast-growing lines of business. We have big ambitions, because the complexity and speed of change our customers are facing as they move into the multi-cloud world have never been higher, Rhodes wrote in a blog post announcing the layoffs. He called the cuts painful, necessary and manageable.

The cuts come about three months after Rackspace officially went private. Apollo Global Management announced plans to buy Rackspace in August 2016 for $4.3 billion. That announcement capped off a multi-year period when rumors about the company's potential sale swirled.

Rackspace was founded in 1998 as a managed hosting company, but has progressed to offer its own IaaS public cloud based on OpenStack, to now helping customers use public IaaS cloud platforms. For more about Rackspaces future strategy, check out an in-depth interview with Rhodes here.

MORE: Bloodiest tech industry layoffs of 2016

Senior Editor Brandon Butler covers the cloud computing industry for Network World by focusing on the advancements of major players in the industry, tracking end user deployments and keeping tabs on the hottest new startups.

Sponsored Links

The rest is here:
Rackspace is cuting 6% of its workforce - Network World

Read More..

Can Brave’s Bitcoin Payment Platform Save Online Publishing? – IEEE Spectrum

Last year, Brendan Eich, former CEO of the Mozilla corporation and designer the Javascript programming language, launched Brave, a Web browser that blocks advertisements by default. Now Eich is rolling out a new Bitcoin payment platform, integrated right into the browser, that he hopes will provide an alternative revenue stream for publishers. He views it asa replacementthe one Brave takes away, which he argues is dysfunctional and on the verge of collapse.

As of September, people using Brave have the option of creating a wallet in the browser, loading it with bitcoins, and sending small payments to publishers based on the anonymized metering of their Web traffic. For now, Brave plays a central role in facilitating the transactions, although it has sought to do so in a way that protects the privacy of Brave users.

When you create a wallet with Brave, you actually share it with a company called BitGo, meaning that you and BitGo each own one key for the wallet, both of which need to be present in order for a payment to go through. After loading bitcoins into this wallet, you specify the total amount of money you would like to spend on your Web browsing. Then, after a month goes by (measured by the days you actually spend using the Brave browser), bitcoin transactionssigned by both you and BitGo trigger the disbursement of that money into a Brave settlement wallet.

Before a website operatorcan collect the funds, itmust go through a verification process with Brave to prove that itsrunning a legitimate business. In return for providing this service, Brave takes five percent of all the donations that come through.

In order to attract people who dont already own bitcoins, or who may not even know what Bitcoin is, Eich and the Brave designers have made the digital currency as invisible as possible in the Brave Payments experience. We try not to put Bitcoin all up in your face, says Eich.

To that end, people have the option of funding their wallets with a credit or debit card. The payment actually goes to Coinbase, the largest Bitcoin exchange in the U.S.But when the money lands in your wallet, it is denominated in Dollars. Eich says you can expect, in the coming months,to be able to pay with Stripe as well.

Although Bitcoin is invisible in the user experience, it is essential to the privacy of the system. According to Eich, the users Brave client is the only place where browsing history gets stored. Normally, sending transactions across the bitcoin network to escrow accounts for known websites would give away information about who is visiting which websites, because every transaction is recorded in a public ledger. However, Brave uses a cryptographic protocol called Anonize(which puts to work zero-knowledge proofs similar to the ones that shield transactions in the digital currency Zcash). Anonize hides the correlation between browsing history and the payments that are received.

We dont want to be a tracker. We dont want that data. Its better that we cant have it than that we could have it and promise to be good,says Eich.

The Brave Payment systemalso leverages a feature of Bitcoin called multi-signature transactions to ensure that Brave cannot misusethe funds in browser wallets. We use this feature to avoid custody of funds. Each user has effective custody of their Brave user wallets funds for the purpose of microdonating to their top publishers, says Eich. The transparency of the Bitcoin blockchain further means that anyone can audit the flow of funds to keep Brave accountable.

Because of the programmability of Bitcoin, it is also possible that Brave could use it in the future to design a fully decentralized version of the browser in which escrow accounts automatically verifywebsites and disbursefunds, rather than relying on Brave to manually intervene.

By adding payments to the Brave browser, Eich is not just giving people a way to donate totheir favorite websites in return for the revenue theyve lost to ad blocking technology. It is the first step in a grandiose plan to completely reformulate the funding architecture of the Web and perhaps even save online publishers.

When Eich describes the online marketing ecosystem, he makes it sound like a dark sewer writhing with parasites and disease. Dip a foot down into the muck and leeches latch on to slurp up every drop of attention they can get. Peel them off, and little poison darts are left to fester under the skin. There are the cookies and tracker pixels that keep tabs on your every move. If youre really lucky, youll catch a bad case of malware while youre down there.

No self-respecting publisher would send their readers down into this dangerous world. And yet they do, because for every victim they offer, the parasites send back a fraction of the blood they suck.

But this isnt going to work forever, says Eich. Part of the blame goes to ad blockers, which saw a 30 percent increase in adoption rates over 2016, according to a report by Business Insider. But there is also the problem of third parties, which carve off so much of the advertising revenue pie that very little actually makes its way to publishers.

The system is not stable. It suffers from these rent seeking parasites, says Eich. Publishers are under stress. I cant name names, but there are a lot of publishers that say they see 18 months to some event where they have to be parceled out to some private equity or sold. And these are big U.S. brands. These are not small online publishers. Obviously the New York Times has Carlos Slim as benefactor and the Washington Post has Jeff Bezos. But not all of them are so fortunate.

If, as Eich says, the entire industry is in a death spiral, when it finally croaks, he wants Braves direct payment model to have matured into a viable alternative.

In December, Coindesk, one of the most prominent Bitcoin news websites, announced that it been verified with Brave Payments as a preferred customer. Obviously, our readership maps entirely with the early adopters for something like a Bitcoin enabled Web browser. So, it made a lot of sense for us. And Ive actually been pleasently surprised at how much weve seen come through, says Ryan Selkis, the managing director of CoinDesk.

But will Brave be as popular among people who are not naturally inclined to enthusiastically latch on to any slightly Bitcoin-related innovation? Since February, Brave has verified 120 publishers. And 37,000 new Brave Payment wallets have been created, holding an average balance of around 8 Dollars, according to the head of communications at Brave.

IEEE Spectrums general technology blog, featuring news, analysis, and opinions about engineering, consumer electronics, and technology and society, from the editorial staff and freelance contributors.

Sign up for the Tech Alert newsletter and receive ground-breaking technology and science news from IEEE Spectrum every Thursday.

A prototype in a lab at Penn State can beam data at rates of 10 gigabits per second 31Jan

High Fidelitys decentralized architecture aims to power the next generation of virtual-reality worlds 30Jan

A new terahertz modulator demonstrates dizzying data speeds of 28 Gb/s 24Jan

The Trump administration reignites a classic debate over economics and technology 18Jan

Controversy flares as rivals rush to launch 5G services 30Dec2016

Class-action lawsuits target the biometric privacy policies of several Internet giants 29Dec2016

Zcash, the new anonymous cryptocurrency, was born in a cloak-and-dagger cocoon of digital secrecy. There was just one little problem 2Dec2016

Following its splashy debut, the Boston startup called Starry has quietly tested millimeter waves to wirelessly deliver broadband Internet service with peak speeds up to 1 gigabit per second 2Dec2016

Experts in New York debated the latest virtual reality trends and whether users are really ready to embrace this new medium 15Nov2016

Seeing isnt just about taking pictures. The real revolution will come when our digital devices understand whats in front of their eyes 3Nov2016

Cybersecurity researchers warn that online voting is not yet safeand may never be 3Nov2016

Casting a vote online can be secure and convenient 26Oct2016

The Beijing-Shanghai project will form the backbone of the nations quantum communications network 26Oct2016

Set to launch Friday, ZCash is built to do what Bitcoin can'tprovide privacy 25Oct2016

The security flaws within the Internet of Things must be fixed, or denial-of-service attacks will only worsen 25Oct2016

Doctors outperform online apps at diagnosing symptoms 10Oct2016

The connected IoT is spawning a new vocabulary 28Sep2016

Early predictions of 50 billion connected devices by 2020 are being scaled back 23Sep2016

Stanfords Hacking for Defense class to be offered at 13 universities next year; U.S. Defense Department gets ready to send students classified problems 23Sep2016

After dodging disasters from Hurricane Sandy, Facebook instigates its own outages as part of Project Storm 2Sep2016

See the article here:
Can Brave's Bitcoin Payment Platform Save Online Publishing? - IEEE Spectrum

Read More..

Bitcoin price soars past $1060 as political worries intensify – MarketWatch

The price of a single bitcoin on Tuesday touched its highest level in more than a month as populists in the U.S. and Europe threaten the established political order, increasing the appeal of alternative investments like cryptocurrencies, market strategists said.

The price touched $1,060 US:BTCUSD on Tuesday, according to Coin Market Cap. Thats its highest level since Jan. 4, when bitcoin traded as high as $1,100, its highest level in more than three years.

A poll released over the weekend showed Marine Le Pen, the far-right candidate representing Frances National Front party in the April presidential election is poised to win the first round of balloting. The news sparked a selloff across European bond markets, and rattled stocks.

Read: Treasurys boosted; Europe election jitters set tone

Bitcoins valuable more than doubled in 2016, largely thanks to Chinese buyers who hoped to protect their wealth from a rapidly depreciating Chinese yuan USDCNY, +0.0901% by using bitcoin to circumvent stringent capital controls.

The U.K.s June vote to leave the European Union, U.S. President Donald Trumps unexpected electoral victory and the rising popularity of far-right candidates in France, Germany, Italy and the Netherlands have made the political situation in the West appear increasingly precarious, market strategists said.

The dollar gained 0.3% to trade at 6.88 yuan on Tuesday.

Cameron and Tyler Winklevoss run a bitcoin exchange on which investors trade on average $1 million in bitcoin per day. But is this cryptocurrency safe or a fad?

Previously, the currencys valuation languished in 2015 and 2014 after the collapse of popular bitcoin exchange Mt. Gox effectively ended a speculative bubble that saw the price of a single coin climb to an all-time high around $1,2050 in late 2013.

Bitcoin weakened sharply in January after Chinese authorities announced they would investigate the countrys largest cryptocurrency exchanges to ensure compliance with local laws. Initially, investors feared this could signal a shift to a more aggressive approach by Chinese regulators who had previously left the cryptocurrency world more or less along.

Read: And 2016s best-performing commodity isbitcoin?

Also read: Bitcoin could soar if the Winklevoss ETF is approved

Check out: Grayscale Investments files to list its bitcoin trust on NYSE

Instead, Chinese authorities appear to have reached an understanding with local exchanges. Several exchanges adopted a 0.2% trading fee to cut down on market manipulation while strengthening controls to prevent money laundering, all in accordance with regulators wishes.

Others are betting that the U.S.s first bitcoin-focused exchange-traded fund now faces an easier path to approval thanks in part to the unexpected electoral victory of President Donald Trump, who has promised to scale back financial regulations. The Securities and Exchange Commission is expected to make a decision by March 11.

Continued here:
Bitcoin price soars past $1060 as political worries intensify - MarketWatch

Read More..

The First Government To Secure Land Titles On The Bitcoin Blockchain Expands Project – Forbes


Forbes
The First Government To Secure Land Titles On The Bitcoin Blockchain Expands Project
Forbes
In a vote of confidence for a fledgling technology, the Republic of Georgia committed in a signing ceremony in Tbilisi on Tuesday to use the bitcoin network to validate property-related government transactions. In April last year, the government and ...
Hawaii to Consider Bitcoin-Friendly Blockchain Bill to Boost TourismCryptoCoinsNews

all 2 news articles »

Follow this link:
The First Government To Secure Land Titles On The Bitcoin Blockchain Expands Project - Forbes

Read More..

Bitcoin Acceptance by Merchants & Retailers Crucial for Mainstream Adoption – CryptoCoinsNews

Bitcoin company executives and analysts including Irene Katzela, CEO of Chain of Points, firmly believe retailer and merchant adoption is the key to bitcoin mainstream adoption.

Since 2014, the bitcoin industry and market have seen a rapid emergence of bitcoin-accepting merchants. Companies like TigerDirect and Expedia have begun to offer bitcoin as one of their main payment methods.

Currently, bitcoin is perceived more as a store of value and a safe haven asset rather than an actual digital currency. Some bitcoin investors like Roger Ver argue that the development community of bitcoin must work towards transforming bitcoin into a settlement system and digital cash rather than digital gold.

While this approach isnt necessary as bitcoin can be used as both a store of value or settlement system depending on certain users, it is important to understand that limited merchant adoption is restricting the mainstream adoption of bitcoin.

With the integration of various scaling technologies like Segregated Witness (Segwit) that are currently on the verge of activation, bitcoin blocks are set to see at least a 2.1x increase. Considering the average blocksize of 1 mb, a 2.1x expansion of the bitcoin blockchain will appropriately scale the network.

In contrary to what many investors claim, the expansion of bitcoin blocksize will not abruptly bring hundreds of millions users into bitcoin. The user base of bitcoin is not growing at linear rate. Instead, it is demonstrating an exponential growth rate as the digital currency is still at an early stage of adoption.

As Katzela emphasizes, it is important to persuade the general population and consumer base to utilize bitcoin by introducing its benefits and advantages over cash or other traditional forms of payments in existence. Some bitcoin platforms like Purse.io are already targeting the general population or mainstream users by offering 20% discount on products. Some individual merchants also provide special discounts to bitcoin users, as bitcoin significantly decreases credit card fees or financial service fees handled by merchants.

When a user tries to utilize bitcoin for the first time and sees that it is secure, fast, and cheaper than credit card payments or bank transfers due to a merchants effort in providing a discount or a special promotion in appreciation of lowered fees, the adoption rate amongst beginner bitcoin users will drastically increase.

The savings on the merchant side are clear considering the fees incurred by using existing payment methods. An increasing number of merchants pass some of the cost savings onto consumers, in the form of discounts and incentives. As these cost savings continue, consumers will soon realize that virtual currency enables lower prices for goods and services, said Katzela.

An increasing number of merchants are beginning to accept bitcoin as theyre seeing a significant decline in the volatility rate of bitcoin. The digital currency has been demonstrating stability over the past 12 months.

As Katzela explains, the number of merchants accepting bitcoin is increasing but the mainstream user base of bitcoin isnt growing at a similar rate. Bitcoin-accepting merchants that arent taking a step further to convince mainstream users in using bitcoin will only appeal to existing consumer base of bitcoin.

Aiming only to increase the number of merchants that accept virtual currency is only half of the equation for wide consumer adoption. Achieving greater consumer adoption equates making consumers feel safe using virtual currency in their everyday lives, said Katzela.

Featured image from Shutterstock.

Continue reading here:
Bitcoin Acceptance by Merchants & Retailers Crucial for Mainstream Adoption - CryptoCoinsNews

Read More..