October 28, 2026

Capitalizations Index – B ∞/21M

Blockchain Will Be Theirs, Russian Spy Boasted at Conference

Blockchain will be theirs, russian spy boasted at conference

[ad_1]

Both of the delegates who recounted their conversations did so on the condition of anonymity, because discussions at the International Standards Organization, or I.S.O., are supposed to be confidential. Neither the Russian organizations overseeing the delegation to the I.S.O. nor the Russian delegates responded to requests for comment.

Photo

The blockchain “really does create the foundation for the future that is coming,” said Gilbert Verdian, the head of the British delegation working on blockchain standards at the International Standards Organization.

Credit
Tom Jamieson for The New York Times

The sentiment expressed by the Russian delegate is as clear a sign as any of the significance that some governments are assigning to the blockchain — a technology that is now being applied to things as varied as financial trading and voting — and the degree to which it is becoming a subject of geopolitical battles.

The Russian interest in the normally wonky technical sessions has caused concern among other delegations, who worry that individual countries could push standards that would make the security of the blockchain technology vulnerable to surveillance and attack.

The I.S.O., based in Geneva, was created in 1947 to ensure that important technologies are built or measured in the same way all over the world. Over the years, it has created standards for food safety, film sensitivity and much more.

Russia is not the only country sending high-powered delegations to the I.S.O. technical committee focusing on blockchain standards, which got its start last year. The 25 countries with committee delegations sent over 130 people to the last meeting to discuss matters like a common method for security. China sent officials from the finance ministry while the United States had delegates from IBM and Microsoft, according to participants.

“It is a very sought-out technology today, because it really does create the foundation for the future that is coming,” said Gilbert Verdian, the head of the British delegation working on blockchain standards at the I.S.O. and the founder of the company Quant Network. “To get behind it and back it now is going to put people at an advantage, either politically or economically.”

The original blockchain is the shared database on which all bitcoin transactions are recorded. It is kept by a distributed network of computers managed by many people, rather than one central authority. While there are now many virtual currencies, each with its own blockchain, there are also many government and corporate efforts looking at ways to use blockchain technology to securely record other kinds of data.

The New York Times Explains…

There are still significant questions about whether the technology will live up to expectations — and few projects have proceeded beyond the pilot stage aside from virtual currency networks like bitcoin and Ethereum.

But in countries like the United States, China, Russia, Singapore and Switzerland, government groups have talked about using blockchains for myriad tasks, like issuing national currency or tracking identity records for citizens and visitors.

Within the young blockchain industry there is a widespread belief that the companies and countries that establish an early lead could guide the direction of the technology, for both commercial and national security purposes.

Emma Channing, a lawyer who frequently works with blockchain start-ups, recently raised an alarm about the intrigue at the I.S.O. standards group.

Ms. Channing said she was worried that countries that devote more resources to the process could successfully push their preferred cryptographic algorithms to be the standards, potentially creating so-called back doors that could be used in the future to spy on blockchain activity.

“In the context of software it is the perfect Trojan,” said Ms. Channing, a co-founder of the Satis Group, an American company that advises blockchain projects. “If something gets buried in it, these things will get adopted wholesale — and won’t be questioned on the way in.”

Ms. Channing recently emailed dozens of blockchain experts, trying to get them to volunteer as representatives to the I.S.O. delegations in their countries, so that the process does not become dominated by a few countries.

The chairman of the I.S.O. blockchain committee, Craig Dunn, rejected the idea that any country could shape the process. While I.S.O. proceedings are generally confidential, new standards must go through many stages, with many rounds of voting — first with smaller working groups and then with full national delegations.

CTCrypt 2017 — Standartisation of blockchain (Maxim Shevchenko) Video by BIS TV

“There has to be agreement and consensus across the member countries to take a standard forward,” said Mr. Dunn, who is also the head of the Australian delegation to the committee.

Few countries have made their interest in the blockchain as clear as Russia. President Vladimir V. Putin met briefly last year with Vitalik Buterin, the founder of Ethereum, the second most widely used blockchain-based virtual currency platform after bitcoin.

Mr. Putin also put the blockchain at the center of his “Digital Economy” program for Russia, and his government has talked about creating a crypto-ruble, similar to bitcoin.

One of the Russian delegates to the I.S.O. blockchain group, Maxim Shevchenko, gave a talk last summer in Russia in which he spoke about the country’s goals in the I.S.O. group. The bullet points on the slide included “possibility to influence the technology” and “implementation Russian standards and solutions worldwide.”

Another member of the Russian delegation, Alexey Urivskiy, told the Russian newspaper Vedomosti last year that the delegation at the I.S.O. committee was supposed to get Russian cryptographic algorithms into the standard. The Vedomosti article said that the head of the Russian I.S.O. delegation, Mr. Marshalko, was affiliated with the F.S.B.

Russia is not the only country pushing hard on the blockchain. Many Chinese government offices have been public about their interest in taking advantage of the blockchain technology for tasks like tracking people and products moving through industrial supply chains.

At the I.S.O. meetings last fall in Tokyo, the Chinese government sent one of the largest delegations, with at least nine people, including representatives from the finance ministry and the Chinese central bank, according to a delegate from another country who met the Chinese participants.

The United States delegation was led at the last meeting by a Microsoft employee and included a delegate from IBM. Microsoft and IBM are two of the global companies that have pushed hardest to develop blockchain technology.

At the first meeting of the I.S.O. blockchain group, the Russian delegation led a study group on security and privacy issues, which caused discomfort among some delegates from other countries, according to the two delegates who spoke to The New York Times. At a second meeting, oversight for these issues was transferred to a working group led by France.

Mr. Verdian, the head of the British group, said lots of delegations were jockeying to get an edge on the new technology.

“It will change how our society can operate, but at the same time, in harnessing this technology people might want to leverage that for their own gain,” he said. “We all owe it to each other to do it right so that it benefits all of us rather than a few.”

Continue reading the main story

[ad_2]

Source link

Previous Article

Ethereum Classic Technical Analysis: (ETC/BTC) Support Has Yet To Arrive Ahead Of The New ETC Emerald Wallet Release Tomorrow

Next Article

Morgan Stanley Research: Defined Regulations Main Factor For Crypto Exchanges When Choosing Country

You might be interested in …

杀死比特币!12月4日主流币分析 – WanShare – Medium

Crypto New Media 杀死比特币!12月4日主流币分析 – WanShare – Medium 比特币已被“宣布死亡”了328次据Ethereum World News消息,自从2009年中本聪提出比特币的概念以来,比特币已经被“宣布死亡”了328次。最近一次来自瑞银Paul Donovan发布的《我来埋葬比特币,不是为了赞美它》。在这次熊市里,比特币价格比最高点下跌了80%,而在此前比特币还经历过3次大幅下跌,分别是2011年、2013年以及2013年末至2015年中期,持续时间分别为1.6年、0.6年和1.5年,跌幅为94%、83%以及87%。 每当市场大幅下跌之时,比特币就遭受到各路媒体冷嘲热讽,伟大的毛主席说过:“没有调查就没有发言权”。这些媒体根本未去深入了解,毫无媒体人应该具备的严谨专业的态度。而在当前寒冬下,很多圈内人同样抱有同样的态度和念想,如墙头草般,无独立思考能力,人云亦云。 放眼当今这个时代,基于区块链技术的比特币,经历10年,劈荆斩刺。比特币是区块链技术最好的推广和普及品,面对三百多次的“被死亡”依旧屹立不倒。今天不倒,明天不倒,未来更没有理由倒,杀死比特币,那是不可能的!接下来我们看看盘面:(更多精彩请关注WanShare8888) BTC/USDT 大盘昨日开盘4174,最高4243,最低3855,收盘3882,跌幅超过7%。日间波动基本是在4050美元一带窄幅震荡,晚间9点后才开启的一波杀跌,在之前几天的文章中常提示朋友们重点关注前期低点3680美元,多方会严防死守此区域,因为一旦跌破后,便开启了新的下跌趋势。大概率是围绕4000美元上下不断的震荡,在上周杀跌动能减弱的情况下,空方要想再创新低难度也非常的大。我们在接下来的观察中,还是一如既往的关注此重要位置。从当前盘面来看,午后比特币一波小时级别的反弹,已到达4000美元一线。 压力位 4150–4200 4350–4450 支撑位 3850–3800 3700–3680 操作思路 当前继续保持观望,不加仓不减仓,前期布局的朋友继续持有,记住防线3680美元不破,就一直持有。激进的朋友也可短线操作,高抛低吸,滚动操作,扩大盈利。 ETH/USDT 以太昨日从115美元短期防线下破至112美元一带小幅震荡,晚间10点受整体市场影响大幅下挫,最低到达106美元一带,日线收跌8.05%。当下我们看到,以太跟随大盘反弹至110美元,解除了打破前期低点102美元的危机。以太市场共识心理最重要的位置是100美元,我们后期还是保持密切关注。 压力位 115–119 126–130 支撑位 105–102 100 — ? 操作思路 当下观望为主,按照大盘的操作思路来,不加仓不减仓。前期布局的朋友防线还是在保持不变,100美元心理关口破位无条件离场。 LTC/USDT […]