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SEAPRWire Takes Users to Know Cryptocurrency PR Distribution

Hong Kong – Many people have heard the term “cryptocurrency,” but few of people really understand what it means. Let SEAPRWire‘s Experts explore what some people have dubbed “the money of the future.” Back in the 90’s during the tech onslaught, there were a few attempts to create a new market for a new currency: digital currency. Names like DigiCash, Beenz and DigiCash might ring a bell. Unfortunately, they did not work out. The breakthrough came in 2009, the year Bitcoin came on the scene. There is some speculation as to who founded Bitcoin, however one alias that is synonymous with Bitcoin’s founding is Satoshi Nakamoto. According to WikiPedia, Nakamoto was the name used by the individual who was known to author a whitepaper on Bitcoin. Although the general population may not be too interested in or have much knowledge about cryptocurrency technology, this is something that banks and governments have certainly started to tune into. The cryptocurrency systems are typically built on a peer-to-peer network that realizes accounts, balances and transactions. If a peer-to-peer type network is ringing a bell, this was the same foundation that was used by Napster when it first started op...

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What data does TraceTogether collect?

SINGAPORE - The TraceTogether token and mobile phone app are used for contact tracing. They exchange short-distance Bluetooth signals with nearby users of the token or app to quickly track people exposed to confirmed Covid-19 cases. But what kind of data does TraceTogether collect? When signing up for TraceTogether, a random user ID (a string of numbers and letters) is generated and linked to the user's contact number and identification details, such as his name and NRIC number. These details are stored in a secure server, according to the TraceTogether website. The Ministry of Health (MOH) uses the identification details to contact the right person when necessary. When app or token users are near one another, their user IDs are exchanged in an encrypted and randomised form, and can be decrypted only by MOH. The encrypted Bluetooth data exchanged is stored in the app or token, and does not contain personal identifiable information. Bluetooth data older than 25 days is also erased automatically. Only when a user tests positive for Covid-19 will MOH request that he upload the Bluetooth data to the Government's servers for tracing close contacts. The app also collects anonymised infor...