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October 5, 2020

These China-based notaries are using the Blockchain to manage their client’s cases

[ad_1] 40 firms have used Shanghai’s blockchain-powered notary platform to handle over 3,000 cases since its launch in January. According to Jiemian, the “Hui Cun” platform (which is managed by Shanghai Xuhui Notary Public) is a blockchain-based electronic data storage protocol that exercises notarization functions. It stores pictures, videos, and screen recordings on the platform […]

OFAC Warns Americans Against Facilitating Ransomware Payments

OFAC Warns Americans Against Facilitating Ransomware Payments

[ad_1] The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those who materially assist, sponsor, or provide financial, material, or technological support […]