World Blockchain Summit regarding the utilization of blockchain was held on December 2, 2019, in Thailand. The government of Thailand is planning to establish blockchain in the country.
The cryptocurrency and blockchain commerce is on a rise in recent years. Many countries like Switzerland, Hong Kong, and Singapore are playing an important role in the successful story of crypto development. Southeast Asia is currently experiencing progress in economies that is causing the emergence procedure of blockchain. Thailand is one of the countries on the list that is going to utilize blockchain in the country.
According to a report published on InvestoTrend, earlier meetings regarding blockchain utilization were held in the year 2017. A large amount of money was capitalized in blockchain but this investment increased virtual threats and scandals.
90% of the projects were stopped from providing relief to the depositors. The remaining projects were used to enhance the blockchain and a significant amount of money was received from the investors and resources. There are many reports pointing out that blockchain may experience massive recognition in the next three to five years.
Thailand passed a virtual asset regulation in May 2018 through a royal verdict. The Securities and Exchange Commission of Thailand has also changed digital asset regulation to improve the development of cryptocurrency. But the country has not seen a lot of firms coming to get ratified and begin the operations.
The government of Thailand will use recent technology to create extra energy that will permit adding unused power to companies.
Government of Nunavut has Confirmed Data Recovery from its Computer Systems After Ransomware Attack
The Government of Nunavut has announced that data from its computer systems have been recovered. Earlier a ransomware attack had shut down most of the government’s workstations and servers. This is good news because the government’s computers were inaccessible since the November 2 cyberattack. After the data recovery of the computer systems, now voicemail for territorial government offices is working again smoothly. The most recent backups of the computer systems are from October 31.
The government of Nunavut has said in a statement on November 12 that information division is working continuously with departmental IT teams to restore the recovered data and bring all the systems back online. The government has also said that it will give priority to data restoration for the department of Health, Family Services, Education, Justice, and Finance. The computer systems of the government were attacked with powerful ransomware that blocked access to the computer systems by encrypting their data.
Cyber attackers were asking to pay a ransom to unlock the data. In this case, the ransomware encrypted the individual files across the government’s servers and workstation. And to recover that, government used various alternatives like R-Undelete to restore the lost data on the computer system after a ransomware attack was healed.
The government collected and reformatted all the computers and returned them within 24 hours. A reconfiguring process was carried out on all the desktop computers. They are now labeled and categorized. How many computer systems were affected by ransomware attacks is not confirmed yet. Community and Government Services Department are working on a solution to find optimal recovery time.
- Thailand is Going to Establish Blockchain Market in the Country December 9, 2019
- Dentists are Earning Well in the US, Especially in Delaware, Alaska and Rhode Island December 8, 2019
- Dental Hygienists are Benefiting a lot from the Mobile Dentistry December 8, 2019
- Bonuses that Players can Redeem from Online Casinos December 7, 2019
- ESA Members Happy as the European Nations Officials grant Funding to their 47 Page List Space Program December 7, 2019
- India’s Largest Urban Beach is in Knee Deep Froth December 7, 2019
- North Korea Warns U.S. to Beware of its Christmas Gift if no Action is Taken on Denuclearization Policy Soon December 7, 2019
- Kamala Harris drops out of the Democratic Presidential Nomination December 7, 2019
- Largest Progressive Group of Veterans Supports Mayor Pete Buttigieg for the Democratic Presidential Nomination December 7, 2019
- Anna Faris Talks about Having a Gut Feeling About her Cheating Partner (now Ex) December 7, 2019
Lifestyle5 months ago
Catholic Cases App brings Church’s Moral Teachings to Androids and iPhones
Tech11 months ago
Cloud Buyers & Investors to Profit in the Future
Entertainment4 months ago
Avengers Endgame now Available on 123Movies for Download & Streaming for Free
Entertainment4 months ago
123Movies Predicts Hobbs and Shaw will be the Most Downloaded Movie of 2019
World11 months ago
The New Feyenoord Stadium to have 63000 Seat Capacity
Entertainment6 months ago
Jonas Brothers’ ‘Chasing Happiness’ Amazon Documentary now Available for Free on Fmovies
Tech1 year ago
Siri’s latest glitch shows Donald Trump’s age as a penis
Tech6 months ago
Steam Offers Free Games Just Before Steam Summer Sale 2019