27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale

zerohedge.com / by Tyler Durden / Apr 6, 2017

German Chancellor Angela Merkel has apparently decided she’s not willing to take the chance of becoming the latest politician to fall victim to the same “Russian hacking” and “fake news” campaigns which ‘undoubtedly’ caused the downfall of America’s liberal darling, Hillary Clinton (forget those pay-for-play scandals, federal record retention violations and willful non-compliance with Congressional subpeonas…total non-factors in the 2016 election).

And since they can’t really control the actions of those pesky ‘Russian hackers,” Germany’s cabinet has instead decided to pass legislation that would impose serious fines of up to 50 million Euros on any social networks that fail to swiftly remove content that could be deemed “hateful” or “fake news.”  Per Yahoo News:

Germany’s Cabinet on Wednesday approved a new bill that punishes social networking sites if they fail to swiftly remove illegal content such as hate speech or defamatory fake news.

Chancellor Angela Merkel’s Cabinet agreed on rules that would impose fines of up to 50 million euros (53.4 million dollars) on Facebook, Twitter and other social media platforms.

German Justice Minister Heiko Maas said that the companies offering such online platforms are responsible for removing hateful content. He said the new bill would not restrict the freedom of expression, but intervene only when criminal hatred or intentionally false news are posted.

READ MORE

The post Germany Passes Bill To Fine FaceBook, Twitter Up To $50MM For “Fake News” appeared first on Silver For The People.

The concept of identity transferred to the digital world with ERC 725 ERC 725 But let’s bring it down to a more concrete level. In the Ethereum world, ERC 725 is one approach to tackle […]