Israel’s central bank eyeing centralized digital currency setup

While traditionally, digital currencies such as the bitcoin, have always been decentralized and provide anonymity to the holder of the currency, Israel’s digital currency is likely to be centralized and compliant with existing money laundering laws. Israel’s central bank, the Bank of Israel, stated it is examining the possibility of issuing digital currency in order…

Fiat Chrysler Ram Pickups Shifting Out Of Park Results In Recalls Numbering 1.8 Million In The US And 300,000 Elsewhere

A major recall has been forced on Fiat Chrysler after its pickup trucks were reported to accidentally switch out of park due to gear shifters. Estimates are that this anomaly has been detected in about 1.8 million vehicles. A wide range of pickup truck including the Ram heavy-duty pickups, models of which were manufactured way…

More New Vehicles To Be Equipped With The Technology For Automatic Emergency Breaking Safety

The objective of installing automatic emergency braking in all new vehicles is viewing progress as car manufacturers attempt to install this crash avoidance technology to enhance vehicle and passenger safety. More than half of the 2017 model year vehicles of Tesla, Mercedes-Benz, Volvo and Toyota were reported too be fitted with that automatic emergency braking…

Britain to reintroduce Blue and Gold passport with enhanced security features

The color combination had been identified as a key symbol of national sovereignty. On Friday, the British government said once the country leaves the European Union in March 2019, it will reintroduce its classic blue and gold passport, a key symbol of national sovereignty. As per Brandon Lewis, Britain’s immigration minister, the move is likely…

Come 2020, And UK Homes And Businesses Would Have Legal Rights Over High Speed Broadband

Network providers in Britain would have to mandatorily provide internet users with high-speed broadband by 2020 as the government will make this a legal right, the UK government announced and dismissed pleas from service providers to keep it voluntary. The government aims to achieve a minimum broadband speed of 10Mbps to be available throughout the…

Philippines boosts its cyber security ahead of China Telecom’s entry into its market

China’s reputation in the cyber sphere precedes it. China Telecom is expected to start operations in the Philippines from the 1st quarter of 2018. On Thursday, ahead of the entry of Chinese firms in Philippines telecom market, the country is making heightened efforts to beef up cybersecurity measures midst national security concerns. Many senators have…