Deloitte Approves Gemini Crypto Exchange in High-Level Security Evaluation

Deloitte Approves Gemini Crypto Exchange in High-Level Security Evaluation

Gemini becomes the first crypto exchange and custody service to complete the SOC 2 Type 2 security inspection. U.S.-based crypto exchange and custodian Gemini has finished a SOC 2 Type 2 evaluation, proving the operation’s security.“The Type 2 is the highest level of security compliance that any organization can demonstrate,” Gemini’s head of risk, Gemini Yusuf Hussain, told Cointelegraph in an interview about the Jan. 23 announcement.Compliance focusIn preparation for its SOC 2 Type…

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Andrew Yang Wants to Make US Elections Fraud-Proof Using Blockchain

Andrew Yang Wants to Make US Elections Fraud-Proof Using Blockchain

Andrew Yang wants to implement blockchain-based mobile voting as President of the United States. Democratic candidate Andrew Yang says he will implement blockchain-based mobile voting if he wins the 2020 United States presidential election.On his campaign website, the blockchain advocate says he believes American citizens should have the option of voting on a mobile device — with blockchain technology used for verification purposes.“It’s ridiculous that in 2020 we are still standing in line for…

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Korea’s Oldest Bank Is Building a Blockchain-Based Security System

Korea’s Oldest Bank Is Building a Blockchain-Based Security System

A blockchain and a fintech startup partnered with South Korea’s oldest bank, Shinhan Bank, to develop a blockchain-based security solution. South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution.Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X and blockchain developer Hexlant to…

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