Daily Crypto Update: Using Bitcoin to prevent identity theft

Welcome to daily crypto update. today we i have 2 important news for you

(1) Using Bitcoin to prevent identity theft

During the recent past, we heard a lot of news stories related to encryption attacks and identity theft. The recent “WannaCry Encryption Attack” can be considered as a perfect example to prove the above mentioned fact. These instances are in a position to create a tremendous impact on the lives of people. As a result, necessary steps need to be taken in order to mitigate their negative effects. A group of researchers from MIT have conducted a series of researches on how to eliminate the hassle associated with identity theft and encryption attacks. When searching for a solution, these researchers have figured out that identity theft is one of the most convenient options that are available for them to try.

Bitcoin and blockchain technology can effectively be used to provide solutions to some of the biggest issues faced by people who live in today’s world. A research team from MIT has already conducted a research to get more information about it. As a result, they have come up with a way to prevent identity theft and encryption attacks.

(2) Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Ethereum Project

we heard a lot about scams and scams are not going anywhere guys what can we do

Accusations has surfaced suggesting that the two MLM projects “We Grow Bitcoin” and “Ethereum Project” as well as the ERC20-token wallet service provider “Ethereumchamber” are outright scams – among many others.

“Theft is illegal. We don’t condone illegal activities. Lol” – EthereumChamber

if you are intrested in another post: https://steemit.com/news/@jigarparmar519/daily-crypto-update-bank-of-russia-s-own-digital-curruncy