With the private sector taking the lead in research, development and adoption of the blockchain, the government must consider leadership opportunities within the community and partner with stakeholders to bring solutions to market. This is according to Douglas Maughan, a division head at the US Department of Homeland Security who testified before the House Science and Technology Committee yesterday. He further warned against the ongoing arms race between the various blockchain solutions providers, …
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San Francisco-based Chain, Inc., a blockchain developer company, announced the release of their Open Chain Standard 1 (Chain OS 1) blockchain protocol, which has been in development for the last 18 months. Chain developed the new protocol with the assistance of several financial firms: Capital One, Citigroup, Fidelity, First Data, Fiserv, MUFG, Nasdaq, State Street and Visa. While Chain OS 1 has been in development for last year and a …
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