• Latest
State Street’s Blockchain Lead Departs to Build Data Privacy Startup

State Street’s Blockchain Lead Departs to Build Data Privacy Startup

May 23, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K

Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K

April 30, 2022
Entering NFTs: Understanding the environmental impact of digital collectibles

Entering NFTs: Understanding the environmental impact of digital collectibles

April 30, 2022
Here are 3 ways hodlers can profit during bull and bear markets

Here are 3 ways hodlers can profit during bull and bear markets

April 30, 2022
Making crypto conventional by improving crypto crime investigations worldwide

Making crypto conventional by improving crypto crime investigations worldwide

April 30, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
The NFT sector is projected to move around $800 billion over next 2 years: Report

The NFT sector is projected to move around $800 billion over next 2 years: Report

April 28, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
How to store Bitcoin on MetaMask?

How to store Bitcoin on MetaMask?

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

State Street’s Blockchain Lead Departs to Build Data Privacy Startup

coinnewsdaily by coinnewsdaily
May 23, 2019
in Business
0
State Street’s Blockchain Lead Departs to Build Data Privacy Startup
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Moiz Kohari, State Street’s global chief technology architect, has traded his position at the custodian bank for a move into the startup world, he told CoinDesk.

Kohari helped kickstart the bank’s wide-ranging technology transformation program structured on a bedrock of distributed ledger technology (DLT) from the point he joined State Street in September 2016. Prior to that, he spent five years as head of technology innovation for London Stock Exchange Group.

While Kohari and the co-founders of his new project are officially in stealth mode, he said that at a high level, the incipient startup will focus on the data privacy space and how enterprises interact with users in this area.  

Kohari told CoinDesk:

“We are looking at how best to create a software-as-a-service (SaaS) platform that allows enterprises to really provide compliance to [data privacy] regulations and at the same give control of that data directly to the users. It will use both DLT and traditional types of data stores such as [Amazon Web Services’] S3. We think this is an underserved area and a great opportunity.”

Data as an asset

Kohari explained that the work he did in the open source community building a DLT backbone for State Street’s custody business informs the new privacy project. The difference is that the latter treats data itself as the asset class.

“Normally we don’t think of data as an asset class,” said Kohari citing as typical examples consumers’ personally identifiable information (PII) or the way data is managed in the adtech space. “It’s about how do you represent that information in such a way you allow consumers to take direct control of that data, instead of enterprises allowing it to happen via archaic interactions in emails and written communications.”

Many of Kohari’s team members have been working as maintainers of Hyperledger Fabric for some years now and adopted the open-source blockchain tech with his team at State Street. Kohari further confirmed that work on Fabric continues within the bank.

“That journey continues in full force and I’m very excited to see where that will land and the huge implications of how that changes the custody world so you can create reconciliation-less systems,” he said.

State Street did not return requests for comment by press time.

State Street image via Wikimedia Commons 

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

SCB Thailand Launches Ripple’s Payment But XRP to Integrate Soon

Next Post

Coinstar Expands Bitcoin Buying Service to Cover 21 US States

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Coinstar Expands Bitcoin Buying Service to Cover 21 US States

Coinstar Expands Bitcoin Buying Service to Cover 21 US States

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$28,340.005.75%
  • ethereumEthereum(ETH)$1,809.545.23%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$317.222.73%
  • rippleXRP(XRP)$0.5717.10%
  • cardanoCardano(ADA)$0.38728911.15%
  • dogecoinDogecoin(DOGE)$0.0759735.08%
  • matic-networkPolygon(MATIC)$1.148.68%
  • solanaSolana(SOL)$21.157.08%
  • polkadotPolkadot(DOT)$6.246.59%
  • litecoinLitecoin(LTC)$91.796.38%
  • shiba-inuShiba Inu(SHIB)$0.0000114.04%
  • tronTRON(TRX)$0.0646791.17%
  • daiDai(DAI)$1.00-0.25%
  • chainlinkChainlink(LINK)$7.256.69%
  • cosmosCosmos Hub(ATOM)$11.283.51%
  • leo-tokenLEO Token(LEO)$3.400.69%
  • ethereum-classicEthereum Classic(ETC)$20.845.37%
  • moneroMonero(XMR)$157.912.53%
  • stellarStellar(XLM)$0.10560413.34%
  • okbOKB(OKB)$43.261.11%
  • bitcoin-cashBitcoin Cash(BCH)$123.693.32%
  • filecoinFilecoin(FIL)$5.768.02%
  • crypto-com-chainCronos(CRO)$0.0684353.07%
  • vechainVeChain(VET)$0.0231646.61%
  • algorandAlgorand(ALGO)$0.2167969.11%
  • internet-computerInternet Computer(ICP)$5.026.25%
  • eosEOS(EOS)$1.155.04%
  • elrond-erd-2MultiversX(EGLD)$43.105.41%
  • tezosTezos(XTZ)$1.145.82%
  • aaveAave(AAVE)$73.025.33%
  • theta-tokenTheta Network(THETA)$1.036.52%
  • neoNEO(NEO)$12.946.10%
  • havvenSynthetix Network(SNX)$2.496.48%
  • paxos-standardPax Dollar(USDP)$1.00-0.38%
  • bitcoin-cash-svBitcoin SV(BSV)$36.093.17%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.693.36%
  • dashDash(DASH)$57.805.19%
  • makerMaker(MKR)$693.902.30%
  • huobi-tokenHuobi(HT)$3.641.83%
  • iotaIOTA(MIOTA)$0.2104615.24%
  • zilliqaZilliqa(ZIL)$0.0279908.14%
  • zcashZcash(ZEC)$37.363.99%
  • basic-attention-tokenBasic Attention(BAT)$0.2524456.87%
  • nemNEM(XEM)$0.0396696.69%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.155.81%
  • kusamaKusama(KSM)$34.669.72%
  • compound-governance-tokenCompound(COMP)$43.476.94%
  • yearn-financeyearn.finance(YFI)$8,791.887.54%
  • bitcoin-goldBitcoin Gold(BTG)$15.925.84%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.770.00%
  • golemGolem(GLM)$0.2373625.61%
  • wavesWaves(WAVES)$2.155.74%
  • sushiSushi(SUSHI)$1.086.32%
  • ontologyOntology(ONT)$0.2301695.37%
  • digibyteDigiByte(DGB)$0.0096445.55%
  • umaUMA(UMA)$2.133.21%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%