Weekly Blockchain News (8/17/19-8/23/19)

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Weekly Blockchain News (8/17/19-8/23/19)

We have found eight news articles on blockchain and data security and five articles on commercial use of blockchain for the time frame of 8/17/2019-8/23/2019. We have also found the most played YouTube video and most searched term on Google for the same period. Unfortunately, due to technical restrictions, we weren't able to find the most retweeted tweet for the entirety of the time frame of 8/17/2019-8/23/2019. We have, however, found the most retweeted tweet for 23rd August. The list, together with a short description, was provided below and in the attached spreadsheet.

A. Articles on Blockchain/Data Security this week (8/17/2019 to 8/23/2019):

  • "Amazon Tech Experts-Backed Blockchain CRM Network Raises $3.5M": A San Francisco based startup, Cere Network, has raised $3.5 million in funding rounds. Cere Network is a Consumer Relationship Management company, founded by veterans from Amazon, Twitch, and Bebo.
  • "MouseBelt Launches Blockchain Scheme at Three Uni of California Sites": Blockchain accelerator MouseBelt has partnered with three Californian universities, UC Davis, UC Los Angeles, and UC Santa Barbara to support blockchain-related education and research.
  • "Ethereum Poised to Be First Public Blockchain in Hyperledger Consortium": Ethereum is on the verge of becoming the first public blockchain to be taken under HyperLedger. HyperLedger is an open-source consortium, which hosts blockchain projects under its umbrella.
  • "StrongBlock to Curate Content for WCC Focused on Enterprise Blockchain Adoption": StrongBlock, which is a blockchain startup, has partnered with EVOLV events to curate educational content and provide moderation for World Crypto Conference in Las Vegas, Nevada, between Oct 29 to Oct 31.
  • "Intel, Google, Microsoft, and others launch Confidential Computing Consortium for data security": Major tech giants like Alibaba, Arm, Baidu, IBM, Intel, Google Cloud, Microsoft, and Red Hat have announced that they are planning to form a 'Confidential Computing Consortium', in order to ensure data security.
  • "MoviePass Confirms Security Lapse May Have Exposed Customer Credit Card Data": Movie ticket subscription service, MoviePass, has reported a potential data breach which may have left consumer records including credit card data vulnerable and exposed.
  • "Fearing data privacy issues, Google cuts some Android phone data for wireless carriers": Google has stopped a data analysis service which is provided to mobile data carriers in order to find weak spots in their network coverage. The move is to ensure data security and related regulations.
  • "The New SHIELD Act Changes Breach Notification Rules and Data Security Standards for New Yorkers' Personal Information": The State of New York has implemented the SHIELD Act (Stop Hacks and Improve Electronic Data Security Act). The act amends the state's existing data breach notification laws.

B. Articles on Commercial Applications of Blockchain this week (8/17/2019 to 8/23/2019):

  • "Travelport develops blockchain for hotel commission reconciliation": A new blockchain is being developed by Travelport, in partnership with IBM Services, BCD Travel, and major hotel chains, to "enhance the hotel commission reconciliation process for corporates".
  • "SEC Approves Blockchain Tech Startup Securitize to Record Stock Transfers": Blockchain token issuing company Securitize has been granted approval from Security and Exchange Commission, which will help it "act as the official keeper of records about changes of ownership in securities".
  • "It Took 18 Months, But This Blockchain Securities Firm Got the Nod From FINRA": iownit, a blockchain platform developed by IOI Capital and Markets, has received a green signal from Financial Industry Regulatory Authority. This will allow it to act as "a placement agent for privately placed, digital securities on a permissioned Hyperledger Fabric blockchain".
  • "Software Engineering Firm EPAM Joins Blockchain in Transport Alliance": EPAM Joins Blockchain in Transport Alliance, the World’s Largest Commercial Blockchain Association Including solutions for transportation and logistics, EPAM also identifies 21 real-world use cases of blockchain across 6 industries which increase security and transparency, as well as streamline critical business processes for its clients.
  • "EDF, Omega Grid to test electricity blockchain software in California": Omega Grid has partnered with Electricite de France (EDF) and the Sacramento Municipal Utility District (SMUD), to start deploying its Blockchain-based "electricity market software" in California.

C. Pop Culture this week (8/17/2019 to 8/23/2019):

  • Most retweeted tweet on Twitter: @BrotherNature's reply to a tweet with caption "We boycotting Jimmy Johns" was most retweeted on 23rd August. It was retweeted 75,228 times.
  • Most played video on YouTube: Anuel AA, Daddy Yankee, Karol G, Ozuna & J Balvin's music video China is most played this week. It was played a total of 59,342,067 times.
  • Most searched Google term: Spider-Man and UFC 241 were the most searched Google terms for 17th August-23rd August. It was searched for more than 2 million times.

Research Strategy:

Twitter does not have an explicit API to track retweet counts. It has an in-built algorithm, which does not allow outside entities like statistics and analytics websites to track the retweets for only a timeframe within 1 day. For a given user, these restrictions do not apply. However, as our research concerned most retweeted tweet globally and not a particular person, it was impossible to track most retweeted tweet for the entirety of last week. Pop culture websites do track most retweeted tweets of all time, which is beyond our scope verily. For the scope of 7 days between 17th August to 23rd August, it was not possible by technical barriers to find the most retweeted tweet. However, we were able to find the most retweeted tweet for 23rd August. We have provided the screenshot and link to the tweet in Key Findings.

Google's official trends website is the only credible source of search terms' related statistics. We used the websites daily top search trends option to keep scrolling through the dates until we reached 17th August. From these trends, it was found that Spider-Man and UFC 241 both had more than 2 million searches and hence, were the most searched terms for the week. However, since Google Trends doesn't allow a filter to encompass the results to the entire world, we had to check each country's search trends individually. After the search, it was found that most of the countries had top search terms with around 20 thousand searches. Some countries like India and the United Kingdom had their most searched term, with frequencies of around 100 to 200 thousand searches. Therefore, by manual check, we verified that Spider-Man and UFC 241 were most searched term this week globally.