University College Oxford (Univ) has established a new “Research Centre for Blockchain”. The academic body is headed by Univ’s Fellow Professor Bill Roscoe, with a background of over 30 years in concurrency, automated verification, applied cryptography and payment protocols.
He is joined by a group of experts in similar areas and they are working to “vastly improve” the efficiency of mining and trust models, to build new models of privacy and escrow, and to create models of fair exchange to support secure exchanges.
The group will also focus on long term challenges such as the threat posed to the field by quantum computers. Professor Roscoe stated: “The new centre focuses on bringing the blockchain to the mainstream. This vision will be achieved by using green mining technology and embracing regulation through appropriate Know Your Client (KYC) guidelines.”
SK to Double Blockchain Trials Next Year
The government of South Korean is literally doubling down on its efforts to trial blockchain in the public sector, adding more projects and increasing available funds for 2019.
The Korea Internet & Security Agency (KISA) – a sub-organization of the Ministry of ICT – has said it is aiming to increase the number of blockchain pilot projects in the public sector from six this year to 12 in 2019, as CoinDesk Korea reported on Tuesday.
“In the next year, we are considering expanding blockchain pilot projects in the public sector to 12, and plan to support more than three private-led blockchain national projects,” said Min Kyung-sik, head of KISA’s blockchain team.
Further, the government agency will also boost the blockchain pilot budget for 2019 to more than 10 billion Korean won, or $9 million, in addition to the previously reported $9 million fund for both 2018 and 2019.
Estonian’s Former Prime Minister now a Blockchain Startup Advisor
Mr. Taavi Rõivas, who ran the Estonian government as prime minister from 2014 to 2016 and currently serves as a member of the country’s parliament, has joined cryptocurrency startup Lympo as chairman of its supervisory board.
Lympo aims to incentive exercise and active lifestyles through its LYM token, the company announced in a press release.
Rõivas has confirmed his position by saying that he was “excited to help one of the most promising Baltic startups to grow and pursue the mission of motivating people to exercise more and better.”
Lympo says it tracks and aggregates users’ health and medical information, issuing tokens in order to reward individuals that complete various physical activities. These activities may be announced or potentially sponsored by companies working with Lympo, according to its white paper.
In turn, the companies may receive parts or all of the aggregated data from participants, though the whitepaper emphasizes that users maintain ownership over their data, and certain forms of sharing would be restricted under the E.U.’s General Data Protection Regulation (GDPR).
While Lympo originally built its LYM token on the Ethereum protocol, the startup intends to move its token ecosystem to another blockchain – most likely NEO, CEO Ada Jonuse last month.