Research firm Gartner has released its 2018 Hype Cycle for Emerging Technologies report, which found technologies like artificial intelligence platform as a service, blockchain for data security, and quantum computing reaching the peak of inflated expectations, while technologies such as mixed reality, and blockchain were on the downswing of excitement. […]

During today’s House Energy and Commerce Committee Subcommittee on Digital Commerce and Consumer Protection hearing to discuss oversight of the Federal Trade Commission, Rep. Doris Matsui, D-Calif., said she was introducing legislation calling for a common definition of blockchain.






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Many states are seeking to adopt blockchain technology to create more secure transactions, but that may not be the optimal route for ensuring the technology is applicable across the nation, according to Tiffany Angulo, a staffer for Rep. David Schweikert, R-Ariz., who is the co-chair of the Congressional Blockchain Caucus.






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Americans don’t trust the Federal government. The Pew Research Center found that only 18 percent of Americans say they trust the Feds.  It’s small wonder we have a disruptor in chief in the White House. 






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Conventional wisdom is that it takes a fairly long time to detect a cybersecurity breach. Typically, most research suggests, it takes two to three months, possibly longer. That may not be the case anymore, though, according to a recent report.






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Since blockchain first appeared in 2009 as the digital ledger for Bitcoin cryptocurrency transactions, it has steadily taken the online world by storm, in the process practically becoming a synonym for security. Even if a lot of people still don’t know what it is, they’re beginning to hear it more and more. IBM, for instance, has taken to mentioning “blockchain for security” in its TV ads. And in a sure sign of pending mainstream acceptance, a “Blockchain for Dummies” book is now available.






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The Department of Defense (DoD) is cooking up big plans for blockchain technology, the digital ledger best known for its support of cryptocurrencies such as Bitcoin and Ethereum. The technology’s decentralized, encrypted approach holds promise for a variety of secure functions in addition to financial transactions, from cyber defense and distributed communications to protecting the digital supply chains used by deployed forces for 3D printing. A Navy officer on the Naval Innovation Advisory Council has written that blockchain could “revolutionize” the way military operations over the next decade.






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Congress wants the Defense Department (DoD) to elaborate on its growing interest is blockchain technology, the secure digital ledger system that can be applied not only to protect financial transactions, but also many other operations such as defending against cyberattacks, protecting logistics supply chains, and securing communications with aircraft and satellites.






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Microsoft announced that it plans to offer blockchain capabilities for its government cloud offerings. “We view blockchain as a major technological advancement with the potential for significant impact in many industries, including the public sector, through its ability to enable verifiable and immutable cross-party computation,” said Tom Keane, head of Global Infrastructure for Microsoft Azure.






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The State Department is seeking to use blockchain technology to improve its IT platforms and to restructure the agency. The reorganization plan seeks to reduce the workforce, save Federal money, and maximize employee productivity.






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The General Services Administration (GSA) is experimenting with applying blockchain technology to its Schedule 70 Acquisitions, a move that keeps the agency on the cutting edge of technological advances that will ultimately best serve government agencies, according to Jose Arrieta, director of IT 70 Schedule Operations within GSA’s Federal Acquisition Service.






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As IBM continues a strategic rebound under CEO Ginni Rometty, cloud already accounts for 17 percent of its business. But with cloud still in its early stages of development, IBM is doubling down on a few key aspects of the IBM cloud that make it different and potentially a game-changer for its corporate and government clients.






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Major innovations in blockchain are likely to happen this year with the help of Federal agencies, industry experts say, even though health care applications for the technology have yet to reach mass markets.






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