How Russia’s largest bank used blockchain technology to buy debts

The blockchain scene in Russia is growing all the time, with bigger and bigger players making use of the technology. Sberbank, the largest Russian bank, has successfully used blockchain technology to close a $15 million transaction with Trafigura, the third-largest physical commodities trading group worldwide.

Sberbank bought accounts receivable in a pilot transaction supported by the Hyperledger Fabric platform. The bank’s first deputy chairman Alexander Vedyakhin revealed the news during the Eastern Economic Forum in Vladivostok, Russia. The technical details were made public soon after the announcement.

Russian blockchain initiatives appear to be thriving thanks to an increased interest in the technology by most of the country’s large organisations as well as government agencies. However, the Russian government continues to remain somewhat guarded when it comes to cryptocurrencies.

$15 million worth of accounts receivable

The details of the pilot transaction weren’t kept under wraps for too long. The Singapore-based giant Trafigura sold $15 million worth of accounts payable to Sberbank. The debt belongs to one of Trafigura’s clients from Turkey.

The transaction was concluded through the blockchain-based platform Hyperledger Fabric. Sberbank took advantage of Fabric’s ability to segment data and maintain the confidentiality of certain parts of the network.

On the surface, the transaction may seem like just another typical financial agreement. But this is a significant milestone for the blockchain industry. It shows how smart contracts and blockchain technology can speed up international transfers. It also provides proof that businesses can benefit from blockchain in real-life scenarios.

This particular Russian blockchain project developed by Sberbank is a system that uses the Aurelia framework and the Scala language to write smart contracts. The bank also piloted a system that enables the validation of new blocks of complete transactions in one second.

Sberbank also owns a cloud-based solution that complements the system, called SberCloud.

‘From one day to one hour’

The transaction between Sberbank and Trafigura was completed through a smart contract hard-coded onto the blockchain. This type of transaction shows how efficient blockchain technology can be for international trading.

Vedyakhin stated that the new initiative by Sberbank had increased the efficiency of document flows and completed the transaction in one hour instead of one day.

According to the chairman, the pilot transaction between Sberbank and Trafigura could even redefine global trade. He stated:

“Our blockchain pilot project records every step of the transaction: request for the purchase of receivables, application processing and its approval with the bank, issuing the bank’s offer, confirmation of terms by Trafigura, and settlement of the transaction.”

A Trafigura spokesperson confirmed that the transaction was completed without any friction. The two companies are now planning to collaborate and use blockchain technology for other use cases.

The Russian blockchain ecosystem

Russia’s largest bank placed a bet on blockchain, and the investment seems to be paying off. The Russia blockchain ecosystem proves that this technology is no longer something of the future, but a viable solution to today’s challenges.

Using smart contracts to buy debts isn’t the first time Sberbank’s team of developers has used the blockchain for global trading either. Last year, Hyperledger Fabric was used to complete an off-exchange repurchase agreement deal between Sberbank and Interros, a Russian investment company.

Russia’s largest bank has quite a history with blockchain technology, in fact. Last year, Sberbank claimed to be the first to complete a three-way repo deal using smart contracts and blockchain.

Besides speeding up transaction times, blockchain technology also reduces working hours for each transaction as well as the risks that come with international transfers. With all these advantages, Russia’s largest bank has decided to expand to other partners willing to use blockchain for transactions.

Russia is getting more interested in blockchain technology

Despite its unclear stance on cryptocurrencies, Russia isn’t missing a chance to dive into blockchain applications. From large businesses to government agencies, there are many stakeholders interested in blockchain technology and its disruptive features.

The Russian central bank, for instance, backs the Fintech Association, an organisation of which Sberbank is a member. The consortium functions on an Ethereum-based network and aims to study and implement distributed ledger technology to come up with practical solutions within the industry.

Sberbank was also part of the Russian project Masterchain, although it dropped out after the project failed to meet expectations. Sberbank’s lab has focused on its own projects instead, with significantly better results.

The post How Russia’s largest bank used blockchain technology to buy debts appeared first on Coin Rivet.

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Ethereum Dev Studio ConsenSys Joins Hyperledger as Premier Member with Founder Lubin …

project-hyperledger

Ethereum development studio ConsenSys has joined enterprise-focused blockchain development entity Hyperledger, according to an announcement made on Wednesday, September 11th.

ConsenSys joins more than 270 members in the consortium as a premier member to help advance cross-industry blockchain technologies.

To mark the occasion, ConsenSys’ protocol development team PegaSys submitted its Ethereum client for inclusion to the Hyperledger projects repo, rebadged as Hyperledger Besu from the former name Pantheon.

Hyperledger Besu will be the first project in Hyperledger to be interoperable with Ethereum as a public blockchain.

“As a new premier member, ConsenSys is now an active part of the Hyperledger community and the open-source, open governance approach to blockchain,” said Hyperledger’s Executive Director Brian Behlendorf.

“By submitting the code for Hyperledger Besu right out of the gate, ConsenSys is showing its support for our mission to build a broad coalition for advancing enterprise blockchain. The more technologies and members we have working together, the stronger the foundation we can collectively build for blockchain-based solutions.”

hyperledgerhyperledger

Ethereum co-founder and head of ConsenSys Joseph Lubin will also be joining Hyperledger’s governing board as the 22nd member. Lubin said in a statement that:

“PegaSys and ConsenSys have been committed to open-source software and submitting Hyperledger Besu to Hyperledger demonstrates that commitment.”

The addition of Hyperledger Besu to the Hyperledger catchment is a demonstration of a growing interest by leading enterprises to create applications that are interoperable in both the permissioned and permissionless blockchains.

The news comes amidst controversy stemming from the increasing representation of IBM staff in the outfit’s technical steering committee.

IBM now holds a majority of the seats in the TSC at six out of the 11 available seats. In addition, the committee has chosen IBM’s Arnaud Le Hors, a senior technical staff member for blockchain and web open technologies at IBM to take over from Intel’s Dan Middelton as the committee chair.

Middelton also replaced Christopher Ferris, a CTO of open technology at the Big Blue. It’s easy to see just how influential IBM is at Hyperledger and seeing that the consortium is seeking to build enterprise-ready solutions to companies looking to take advantage of blockchain technology, IBM could be gearing up to become a significant force in the space.

However, Middelton has formerly said that when it comes to influencing Hyperledger, “Code is King.” Adding that:

“the real influence in an open-source community like this is contributions.”

Related:

IBM Official Elected Chair of Hyperledger Blockchain Tech Board

The Hyperledger technical steering committee (TSC) has elected another IBM official as its chair amid controversy over the tech giant’s increased representation on the panel.

Arnaud Le Hors, a senior technical staff member for blockchain and web open technologies at IBM, succeeds Dan Middelton, a principal engineer with Intel, according to an email sent to the TSC mailing list Wednesday.

“I’m happy to have the chair role in good hands,” Middelton wrote to the list.

Related:Ethereum Co-Founder Joe Lubin Joins Hyperledger Board

A year ago Middelton replaced Christopher Ferris, CTO of open technology at IBM, who had chaired the TSC since 2016.

During the last year, the TSC launched the Diversity, Civility and Inclusion working group, which focuses on diversity broadly but is more focused on demographic rather than corporate diversity, Middelton told CoinDesk in an email.

Over the same period, the consortium has seen more collaboration between projects, like Hyperledger Ursa, a tool that was worked on by developers from Hyperledger’s Indy, Sawtooth and Fabric projects.

When it comes to influencing Hyperledger, code is king, Middleton added.

Related:IBM Employees Now Hold 6 of 11 Seats on Hyperledger Steering Committee

“The real influence in an open source community like this is contributions,” Middelton said. “I sort of wish that all the effort that went into discussions on the election and all the effort that will go into coming up with complex election rules just went to actual technical development.”

Neither IBM nor Hyperledger was immediately available for comment.

The Hyperledger TSC is responsible for creating working groups to focus on technical issues, approving projects and reviewing updates.

Last week, Hyperledger code contributors elected the TSC for 2019-2020, and the number of IBM employees on the committee doubled, giving Big Blue 6 of the 11 seats. This rekindled concerns that the company has an outsized influence over Hyperledger, the Linux Foundation’s umbrella group for open-source enterprise blockchain projects.

In response, executive director Brian Behlendorf suggested that the TSC discuss increasing the size of the committee with the governing board or for “one time add of a set of new TSC members, so that this greater representation can happen in the current TSC team.”

Those suggestions are already being considered by the new chair. On Thursday, Le Hors posted a proposal on the Hyperledger TSC agenda page for the next 4 candidates in line from the last election to join the current term.

“All those will be topics taken up by the TSC in what appears to be pretty short order,” Behlendorf told CoinDesk in an email.

Le Hors has worked nearly 20 years at IBM and has been involved with Hyperledger since its launch, according to his bio. He served on the 2018-19 TSC and contributes to Fabric, the oldest Hyperledger platform and the basis for the blockchain Walmart uses to track food through its supply chain.

Image from CoinDesk archives.

Related Stories

Related:

Microsoft Windows Security Updates September 2019 overview

It is September 10, 2019 and Microsoft has just released security and non-security updates for its Microsoft Windows operating system and other company products.

Our overview of the September 2019 Patch Day provides system administrators and home users with information on the released updates. It features some stats at the beginning, provides links to all support articles and direct download options, lists known issues and security advisories, and provides other relevant information.

Check out the August 2019 update overview in case you missed it.

Microsoft Windows Security Updates September 2019

Here is a handy Excel spreadsheet that lists all released security updates for Microsoft products in September 2019. Please download it with a click on the following link: Microsoft Windows Security Updates September 2019

Executive Summary

  • Microsoft released security updates for all client and server versions of the Windows operating system that it supports.
  • The following non-Windows products had security updates released as well: Internet Explorer, Microsoft Edge, Microsoft Office, Adobe Flash Player, Microsoft Lync, Visual Studio, .NET Framework, Microsoft Exchange Server, Microsoft Yammer, .NET Core, ASP.NET, Team Foundation Server, Project Rome.
  • Microsoft fixed the high CPU usage issue from SearchUI.exe in Windows 10 1903.
  • The Microsoft Update Catalog website lists 215 updates.

Operating System Distribution

  • Windows 7: 32 vulnerabilities: 4 rated critical and 28 rated important
    • CVE-2019-0787 | Remote Desktop Client Remote Code Execution Vulnerability
    • CVE-2019-1280 | LNK Remote Code Execution Vulnerability
    • CVE-2019-1290 | Remote Desktop Client Remote Code Execution Vulnerability
    • CVE-2019-1291 | Remote Desktop Client Remote Code Execution Vulnerability
  • Windows 8.1: 33 vulnerabilities: 5 rated critical and 28 rated important
    • same as Windows 7 plus
    • CVE-2019-0788 | Remote Desktop Client Remote Code Execution Vulnerability
  • Windows 10 version 1803: 46 vulnerabilities: 5 critical and 41 important
    • same as Windows 8.1
  • Windows 10 version 1809: 45 vulnerabilities: 5 critical and 40 important
    • same as Windows 8.1
  • Windows 10 version 1903: 45 vulnerabilities: 5 critical and 40 important.
    • same as Windows 8.1

Windows Server products

  • Windows Server 2008 R2: 31 vulnerabilities: 3 critical and 28 important.
    • CVE-2019-1280 | LNK Remote Code Execution Vulnerability
    • CVE-2019-1290 | Remote Desktop Client Remote Code Execution Vulnerability
    • CVE-2019-1291 | Remote Desktop Client Remote Code Execution Vulnerability
  • Windows Server 2012 R2: 31 vulnerabilities: 3 critical and 28 important.
    • same as Windows Server 2008 R2.
  • Windows Server 2016: 39 vulnerabilities: 3 critical and 36 important
    • same as Windows Server 2008 R2.
  • Windows Server 2019: 43 vulnerabilities: 3 critical and 40 are important.
    • same as Windows Server 2008 R2.

Other Microsoft Products

  • Internet Explorer 11: 4 vulnerabilities: 3 critical, 1 important
  • Microsoft Edge: 7 vulnerabilities: 5 critical, 2 important
    • CVE-2019-1138 | Chakra Scripting Engine Memory Corruption Vulnerability
    • CVE-2019-1217 | Chakra Scripting Engine Memory Corruption Vulnerability
    • CVE-2019-1237 | Chakra Scripting Engine Memory Corruption Vulnerability
    • CVE-2019-1298 | Chakra Scripting Engine Memory Corruption Vulnerability
    • CVE-2019-1300 | Chakra Scripting Engine Memory Corruption Vulnerability

Windows Security Updates

Windows 7 SP1 and Windows Server 2008 R2 SP1

Monthly Rollup: KB4516065

Security Only: KB4516033

  • Provides protections against a new subclass of speculative execution side-channel vulnerabilities, known as Microarchitectural Data Sampling, for 32-Bit (x86) versions of Windows
  • Security Updates

Windows 8.1 and Windows Server 2012 R2

Monthly Rollup: KB4516067

Security Only: KB4516064

  • Same as Windows 7 and Server 2008 R2

Windows 10 version 1803

Cumulative Update: KB4516058

  • Provides protections against a new subclass of speculative execution side-channel vulnerabilities, known as Microarchitectural Data Sampling, for 32-Bit (x86) versions of Windows.
  • Security updates.

Windows 10 version 1809 and Windows Server 1809

Cumulative Update: KB4512578

  • Same as Windows 10 version 1803.

Windows 10 version 1903 and Windows Server version 1903

Cumulative update: KB4515384

  • Same as Windows version 1803 plus
  • Fixed the high CPU usage issue caused by SearchUI.exe.

Windows 10 version 1903 and Windows Server 1903

Other security updates

KB4516046 — Cumulative security update for Internet Explorer: September 10, 2019

KB4474419 — SHA-2 code signing support update for Windows Server 2008 R2, Windows 7, and Windows Server 2008: August 13, 2019

KB4516655 — 2019-09 Servicing Stack Update for Windows Embedded Standard 7, Windows 7, and Windows Server 2008 R2

KB45171342019-09 Servicing Stack Update for Windows Server 2008

KB4512938 — 2019-09 Servicing Stack Update for Windows 8.1, Windows RT 8.1, and Windows Server 2012 R2

KB4512939 — 2019-09 Servicing Stack Update for Windows Embedded 8 Standard and Windows Server 2012

KB4511839 — 2019-09 Servicing Stack Update for Windows 10 Version 1703

KB4512573 — 2019-09 Servicing Stack Update for Windows 10 Version 1507

KB4512575 — 2019-09 Servicing Stack Update for Windows 10 Version 1709

KB4512576 — 2019-09 Servicing Stack Update for Windows Server Version 1803 and Windows 10 Version 1803

KB4512577 — 2019-09 Servicing Stack Update for Windows 10 Version 1809 and Windows Server 2019

KB4515383 — 2019-09 Servicing Stack Update for Windows 10 Version 1903

KB4512574 — 2019-09 Servicing Stack Update for Windows Server 1903 RTM, Windows 10 Version 1903, Windows Server 2019, Windows 10 Version 1809, Windows Server Version 1803, Windows 10 Version 1803, Windows Server 2016, Windows Server Version 1709, Windows 10 Version 1709, Windows 10 Version 1703, Windows 10 Version 1607, Windows 10 Version 1511, Windows 10 Version 1507, and Windows 10

Server / Embedded

KB4516026 — 2019-09 Security Monthly Quality Rollup for Windows Server 2008

KB4516051 — 2019-09 Security Only Quality Update for Windows Server 2008

KB4516055 –2019-09 Security Monthly Quality Rollup for Windows Embedded 8 Standard and Windows Server 2012

KB4516062 — 2019-09 Security Only Quality Update for Windows Embedded 8 Standard and Windows Server 2012

Microsoft .NET

KB4514330 — Security Only Update for .NET Framework 4.8 for Windows Server 2012

KB4514331 — Security Only Update for .NET Framework 4.8 for Windows 8.1 and Server 2012 R2

KB4514337

KB4514338 — Security Only Update for .NET Framework 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2 for Windows 8.1 and Server 2012 R2

KB4514341 — Security Only Update for .NET Framework 4.5.2 for Windows 8.1 and Server 2012 R2

KB4514342 — Security Only Update for .NET Framework 4.5.2 for Windows Server 2012

KB4514349 — Security Only Update for .NET Framework 3.5 for Windows Server 2012

KB4514350 — Security Only Update for .NET Framework 3.5 for Windows 8.1 and Server 2012 R2

KB4514360 — Security and Quality Rollup for .NET Framework 4.8 for Windows Server 2012

KB4514361 — Security and Quality Rollup for .NET Framework 4.8 for Windows 8.1, RT 8.1, and Server 2012 R2

KB4514363 — Security and Quality Rollup for .NET Framework 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2 for Windows Server 2012

KB4514364 — Security and Quality Rollup for .NET Framework 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2 for Windows 8.1, RT 8.1, and Server 2012 R2

KB4514367 — Security and Quality Rollup for .NET Framework 4.5.2 for Windows 8.1, RT 8.1, and Server 2012 R2

KB4514368 — Security and Quality Rollup for .NET Framework 4.5.2 for Windows Server 2012

KB4514370 — Security and Quality Rollup for .NET Framework 3.5 for Windows Server 2012

KB4514371 — Security and Quality Rollup for .NET Framework 3.5 for Windows 8.1 and Server 2012 R2

KB4514598 — Security Only Update for .NET Framework 3.5, 4.5.2, 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2, 4.8 for Windows Server 2012

KB4514599 — Security Only Update for .NET Framework 3.5, 4.5.2, 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2, 4.8 for Windows 8.1 and Server 2012 R2

KB4514602 — Security and Quality Rollup for .NET Framework 3.5.1, 4.5.2, 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2, 4.8 for Windows 7 SP1 and Server 2008 R2 SP1

KB4514603 — Security and Quality Rollup for .NET Framework 3.5, 4.5.2, 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2, 4.8 for Windows Server 2012

KB4514604 — Security and Quality Rollup for .NET Framework 3.5, 4.5.2, 4.6, 4.6.1, 4.6.2, 4.7, 4.7.1, 4.7.2, 4.8 for Windows 8.1, RT 8.1, and Server 2012 R2

KB4514605 — Security and Quality Rollup for .NET Framework 2.0, 3.0, 4.5.2, 4.6 for Windows Server 2008 SP2

KB4514354 — 2019-09 Cumulative Update for .NET Framework 4.8 for Windows Server 2016 and Windows 10 Version 1607

KB4514355 — 2019-09 Cumulative Update for .NET Framework 4.8 for Windows 10 Version 1703

KB4514356 — 2019-09 Cumulative Update for .NET Framework 4.8 for Windows 10 Version 1709

KB4514357 — 2019-09 Cumulative Update for .NET Framework 4.8 for Windows 10 Version 1803 and Windows Server 2016

KB4514358 — 2019-09 Cumulative Update for .NET Framework 3.5 and 4.8 for Windows 10 Version 1809

KB4514359 — 2019-09 Cumulative Update for .NET Framework 3.5 and 4.8 for Windows 10 Version 1903

KB4514366 — 2019-09 Cumulative Update for .NET Framework 3.5 and 4.7.2 for Windows 10 Version 1809

KB4514601 — 2019-09 Cumulative Update for .NET Framework 3.5, 4.7.2 and 4.8 for Windows 10 Version 1809

Known Issues

Windows 7 SP1 and Windows Server 2008 R2 (monthly rollup only)

  • VBScript may not be disabled in Internet Explorer even though it should be

Windows 8.1 and Windows Server 2008 R2

  • Certain operations may fail on Cluster Shared Volumes

Windows 10 version 1803

  • Operations may fail on Cluster Shared Volumes.
  • Black screen during first logon after update installation issue

Windows 10 version 1809

  • Same as Windows 10 version 1803 plus
  • Error on some devices with certain Asian language packs installed: 0x800f0982 – PSFX_E_MATCHING_COMPONENT_NOT_FOUND.
  • Applications and scripts that call the NetQueryDisplayInformation API or the WinNT provider equivalent may fail to return results after the first page of data, often 50 or 100 entries

Security advisories and updates

ADV990001 | Latest Servicing Stack Updates

ADV190022 | September 2019 Adobe Flash Security Update

Non-security related updates

Microsoft Office Updates

You find Office update information here.

How to download and install the September 2019 security updates

windows updates september 2019 microsoft

Most home systems receive updates automatically especially when they run Windows 10. Updates are not pushed in real-time to devices running Windows. Some administrators prefer to install security updates the moment they are released, others to wait to make sure that the updates don’t introduce any issues on the system.

Note: it is recommended that you back up the system partition before you install updates. Use programs like Paragon Backup & Recovery Free or Macrium Reflect for that.

Admins may check for updates manually to retrieve the released updates right away. Here is how that is done:

  • Open the Start Menu of the Windows operating system, type Windows Update and select the result.
  • Select check for updates in the application that opens. Updates may be installed automatically when they are found or offered by Windows; this depends on the operating system and version that is used, and update settings.

Updates may also be downloaded from the Microsoft Update Catalog website.

Direct update downloads

Windows 7 SP1 and Windows Server 2008 R2 SP

  • KB4516065 — 2019-09 Security Monthly Quality Rollup for Windows 7
  • KB4516033 — 2019-09 Security Only Quality Update for Windows 7

Windows 8.1 and Windows Server 2012 R2

  • KB4516067 — 2019-09 Security Monthly Quality Rollup for Windows 8.1
  • KB4516064 — 2019-09 Security Only Quality Update for Windows 8.1

Windows 10 (version 1803)

  • KB4516058 — 2019-09 Cumulative Update for Windows 10 Version 1803

Windows 10 (version 1809)

  • KB4512578 — 2019-09 Cumulative Update for Windows 10 Version 1809

Windows 10 (version 1903)

  • KB4515384 — 2019-09 Cumulative Update for Windows 10 Version 1903

Additional resources

Summary
Microsoft Windows Security Updates September 2019 overview
Article Name
Microsoft Windows Security Updates September 2019 overview
Description
It is September 10, 2019 and Microsoft has just released security and non-security updates for its Microsoft Windows operating system and other company products.
Author
Martin Brinkmann
Publisher
Ghacks Technology News
Logo
Ghacks Technology News

Blockchain Platforms Software Market the Future of the World Market to 2024 with top key player …

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For comprehensive understanding of market dynamics, the global Blockchain Platforms Software Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Related:

Hedera Hashgraph launches mainnet, hopes to compete with global business networks

Hedera Hashgraph, an electronic public ledger developed for corporate use, launched its mainnet beta today, allowing developers to create an account and build decentralized applications (dApps) for it.

The distributed ledger technology (DLT) is a direct competitor to blockchain distributed ledgers such as Ethereum and Hyperledger, and claims it can outperform traditional financial and business networks.

“There is no direct equivalent to Hedera Hashgraph today,” said Martha Bennett, a principal analyst at Forrester Research. Hedera is potentially competing with public networks and all the enterprise DLT frameworks (such as Hyperledger Fabric & Sawtooth, R3 Corda, and others) and their commercial providers, which include AWS, IBM, Microsoft, Oracle.

At the same time, Hedera has garnered support from telecom players and tech vendors, even those that have their own blockchain services. Indian tech giant’s Tata Communications, IBM, Deutsche Telekom, and FIS Global, which acquired WorldPay earlier this year, are among 10 companies on Hedera’s governing council.

Once the beta is completed, the Hedera Hashgraph network will offer its “hbar” cryptocurrency, which the start-up said can achieve to 10,000 transactions per second on the network.

“Transactions per second,” Bennett said, is a term that’s almost meaningless because while you can feed transactions onto a network at a high rate, that means little unless they can also be finalized quickly.

Related:

PowerEdge & VMware: Better Together at VMworld 2019

This year, there are tons of new and exciting things to look forward to at VMworld US – and not just the new location. While we’re all excited to take a selfie with the Golden Gate bridge and see the home from Full House (oh that’s just me?) the real excitement of the week lies in the latest technology and innovation, networking, and learning that will permeate the Moscone Center in San Francisco August 25-29th.

Dell EMC and VMware have partnered for over 17 years, and today we’re doing more exciting work together than ever before. VMworld is always a highlight for us, because we get to see so many of our customers and partners face-to-face. We love to interact directly, hear feedback, answer questions, showcase our joint solutions and preview the new products and solutions that are coming soon.

As industry leaders in servers[1], virtualization[2], and HCI software[3], Dell EMC and VMware continuously work together to develop new joint solutions that enable our customers to efficiently reach their business objectives. There is always something new and exciting to highlight, and VMworld 2019 is no exception.

From a PowerEdge perspective, we have plenty of cool things up our sleeve that we’re excited to share with you. I don’t want to spoil the fun, but here’s a preview of what’s happening with PowerEdge at VMworld:

Breakout Sessions

PowerEdge will be represented in the following breakout sessions:

Power Composable Hybrid Cloud with VMware Cloud Foundation on PowerEdge MX

Speakers: Shanthala Gorur Ashwath, Senior Product Manager – Cloud Foundation VMware and Roger Foreman, Sr. Product Manager, Dell EMC

Monday, August 26, 02:30 PM – 03:30 PM

In this talk, we will detail how VMware Cloud Foundation made it possible to take advantage of the PowerEdge MX composable platform to provide on-demand allocations of physical resources for workload domains. Composable infrastructure is an exciting new area where customers have the flexibility to create their own purpose-built infrastructure on the fly, leading to greater fluidity in resource allocation and usage. In this session, you will learn how to reduce CapEx and OpEx through quicker deployments and application provisioning through automation, and how to utilize the flexibility and agility provided by the PowerEdge MX platform’s kinetic infrastructure to run virtualized workloads in a hybrid cloud environment. We will also go on a technical deep dive of this joint solution between VMware Cloud Foundation and the Dell MX platform.

Take IT to the track!! Self-Driving Datacenter, seatbelts required!

Speakers: Aaron Chaisson, Vice President Portfolio Messaging, Dell Technologies & Brian Lewis, Director VMware Portfolio Messaging, Dell Technologies

Tuesday, Aug. 27, 11:00 AM –12:00 PM

With a demo intensive experience, come see an insider’s look at the product innovations from Dell Technologies expansive portfolio of hardware, software and solutions that make the self-driving, software defined datacenter a reality. See our latest innovations and learn how we dramatically simplify and power more VMware deployments than anyone else through deeply integrated servers, storage, networking, data protection, converged and hyper-converged systems and vertically integrated cloud platforms built to deliver you the automated IT experience you desire, from the edge to the cloud, and anywhere in between.

Dell Technologies Booth # 1027

If you’re here in San Francisco, come see us in the Dell Technologies booth! We’ll have experts ready to talk and answer questions, in-booth theater presentations and a PowerEdge MX on display. Yes, we know this is a software show, but we like to throw in a subtle reminder that all this cool software runs on hardware. Plus, everyone seems to love the chance to see and touch a real live server – and the PowerEdge MX740C doesn’t disappoint.

We’ll also have demos of the latest cloud solutions on PowerEdge infrastructure and management system advances with OpenManage. This is fantastic opportunity to learn more about our joint PowerEdge and VMware solutions and align on your workload strategy. Highlights include:

VMware Cloud Foundation for PowerEdge MX – Wondering how to make hybrid cloud work for you? Leverage the industry’s most advanced hybrid cloud platform, VMware® Cloud Foundation™, to drive a consistent, simple experience with a single operating environment across multiple clouds. Based on VMware technologies including vSphere (compute), vSAN (storage), NSX (networking and security), and vRealize® Suite (cloud management), Cloud Foundation delivers enterprise-ready services for both traditional and containerized apps – in private or hybrid cloud environments.

PowerEdge and VMware vSphere – We’re introducing an easy button for PowerEdge and vSphere! Soon the entire PowerEdge server portfolio will be available with vSphere Standard preinstalled and the license pre-activated straight from the factory. This new offer is unique to Dell EMC and saves customers up to 40 minutes per server for deployment and up to 67% fewer steps for activation and installation of vSphere[4].

OpenManage Integration for VMware vCenter (OMIVV) – OMIVV allows you to configure, deploy, update and monitor Dell PowerEdge servers — all within your vCenter console. Swing by the booth to see a demo and find out what new features will be available in OMIVV v5.

vSAN Ready Nodes – Dell EMC vSAN Ready Nodes built on Dell EMC PowerEdge servers have been pre-configured, tested, and certified to run VMware vSAN. Each Ready Node includes just the right amount of CPU, memory, network I/O controllers, HDDs, and SSDs that are best suited for vSAN. We’ll have demos and presentations and experts on hand to answer questions.

Booth Presentations

There will also be several presentations at the booth to highlight PowerEdge & VMware joint solutions:

Monday @ 5:30 pm – Managing VMware VCenter Environments with OpenManage

Tuesday @ 11:30 am – vSAN Ready Nodes

Wednesday @ 3:45 – Dynamic Storage Provisioning with VMware VCF and PowerEdge MX

Exclusive Technology Preview

PowerEdge & AMD will host a Technology Exclusive Preview event at 6:30 pm Tuesday evening. This event requires an invitation, VMworld event badge and signed NDA to attend. If you have a signed NDA and would like to join, please stop by our booth #1027 for more details and an invitation. You won’t be disappointed.

Customer Appreciation Celebration

We love our customers and the chance to celebrate with them! We’re hosting a customer appreciation event following the Exclusive Technology Preview at Waterbar Tuesday evening from 8-10 pm. Stop by our booth #1027 for an invitation and join us for good food, drinks and conversation (VMware badge and invitation are required for this event, but NDA is not).

PowerEdge and VMware work together to help you simplify your IT and prepare you to meet changing workload demands – both for today and the future. With over 1800 VMware-certified Dell EMC support professionals, one call can handle almost all your support issues.

To learn more about PowerEdge and VMware Solutions, visit our new solutions page.

Hope everyone has a great and productive week at VMworld! Rest up, and we’ll see you again at VMworld Europe in November!

To learn more about PowerEdge, visit dellemc.com/servers, or join the conversation on Twitter @DellEMCservers.

[1] IDC WW Quarterly x86 Server Tracker, 2018Q4, Mar. 6, 2019 – Units & Vendor Revenue

[2] Network World, Feb. 20, 2019

[3] IDC WW Quarterly Converged Systems Tracker, 2018, Q4, April 4, 2019 – Vendor Revenue

[4] Only applicable to new customers and based on internal VMware comparison of the typical vSphere installation and activation process as compared to the situation when vSphere is preinstalled and pre-activated at the factory. Typical installation and activation requires 9 steps, while the preinstalled and pre-activated process requires 3 steps.

Related:

LeewayHertz Announces the Launch of Armanino’s TrustExplorer, a Platform for Real-Time …

NEW YORK – August 20, 2019 – (Newswire.com)

​​​​​​​​​LeewayHertz has recently announced the launch of a new blockchain-based platform, TrustExplorer, which brings trust and transparency to TrueUSD (TUSD) stablecoin by allowing users to have a real-time view of the U.S. dollars backing it. Built on the blockchain, TrustExplorer works as a Trust-as-a-Service for TrustToken. The platform connects with escrow bank accounts holding TrustToken’s collateral as U.S. dollars and runs Ethereum nodes to track the supply of TUSD.

TrustExplorer is the first platform of its kind to use blockchain technology itself to solve trust issues for stablecoins, a cryptocurrency backed by fiat held in a bank or trust company. The platform is an Armanino-owned software solution that provides stablecoin projects and their holders with a high level of transparency and trust by offering a real-time view of tokens in circulation and associated collateralized fiat currency backing them.

Armanino is one of the top 25 independent business and accounting consulting firms in the USA. They have been providing audit, tax and consulting services to privately-held companies, nonprofit organizations and public companies for over 50 years.

Armanino worked with LeewayHertz to build a real-time dashboard to monitor the supply of TrustToken’s stablecoin TrueUSD (TUSD). Noah Buxton, Director and a member of the team leading Armanino’s TrustExplorer offering, added, “We looked long and hard for a technology partner that could bring the necessary web application and blockchain experience to bear on this unique problem. The LeewayHertz team understands where we want to go and has helped us get there.”

In TrustToken’s own announcement, Rafael Cosman, TrustToken co-founder and head of engineering and product said, “This sets a new standard not only for stablecoins but for all tokenized assets in the future. With the real-time confirmation of funds provided by one of the world’s leading accounting firms, traders will know at all times that their tokens are backed by real-world value.”

LeewayHertz, one of the leading blockchain development companies, developed a public blockchain platform using Ethereum to allow anyone to track the supply of TrueUSD stablecoins and verify collaterals backing them.

About LeewayHertz

Established in 2007 and headquartered in San Francisco, LeewayHertz was one of the first to deliver a commercial application for the iPhone. The LeewayHertz team of Certified User Experience and Blockchain Development experts has designed and produced over 100 enterprise-grade digital platforms for both startups and enterprises which are being used by millions of users across the world.

The team of blockchain developers at LeewayHertz have potential to work on various blockchain platforms including Ethereum, Hyperledger Fabric, Hyperledger Sawtooth, Hyperledger Indy, Hedera Hashgraph, EOS, Stellar and R3’s Corda. They have successfully deployed more than 80 Smart Contracts and worked on 20+ Blockchain Projects.

About Armanino

Armanino is one of the top 25 largest independent accounting and business consulting firms in the United States. Armanino has been in business since 1953 and is a nationwide leader in serving privately-held companies, as well as, nonprofit organizations and public entities. We have provided audit, tax, and consulting services to crypto-native companies and exchanges since 2013. We provide five main areas of service — Audit, Risk Assurance & Advisory, Tax, Consulting and Business management. We also have a dedicated team that services our blockchain and crypto clients.

About TrustToken

TrustToken is creating a more efficient and inclusive global financial system by digitizing assets that can be seamlessly and securely exchanged across liquid markets worldwide. TrueUSD (TUSD), a stablecoin redeemable 1-for-1 for U.S. dollars and the industry’s pioneer in using third-party trust companies and independent accounting firms, is the first product on TrustToken’s platform. TUSD offers the transparency, liquidity and redeemability required in the crypto-economy, and it has the most traded of all fully-collateralized and independently validated stablecoins.


Press Release Service by Newswire.com

Original Source: LeewayHertz Announces the Launch of Armanino’s TrustExplorer, a Platform for Real-Time Confirmation of TrueUSD’s Funds

Related:

Blockchain Platforms Software Market 2019 Huge Technological Development – IBM, Intel …

Blockchain Platforms Software

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Blockchain technology is a decentralized solution to tracking, documenting, and facilitating transactions. These tools create a public ledger relying on globally distributed historical transactions to prevent tampering and fraud. Each interaction is documented in a database that relies on each previous, time-stamped transaction to verify and execute an exchange. Blockchain technology was first utilized for financial transactions, but can be applied to a variety of industries such as e-commerce, supply chain management, and data integration.

Prominent Players in the Global Blockchain Platforms Software Market are –

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