The data week in review #16

Published in

DIA Insights

3 min readJan 28, 2020

As we enter another week of news all around the topics DIA works on we once again went on a journey to bring you nothing but the exciting news the past 7 days had to offer.

DIA News

DIA’s API is now available in the beta phase

In corporation with the F10 accelerator the API was launched on F10’s sandbox portal
You can view all the information via this link

Blockchain

Saudi Aramco joins oil blockchain platform Vakt

by Reuters [LINK]

Saudi Aramco Energy Ventures has bought into blockchain-based trading platform Vakt with $5 million in new shares, Vakt said on Tuesday
The VAKT platform specialises in post-trade processing. It has been live since the end of 2018 with a focus on the key North Sea crude oil grades

Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend

by Cointelegraph [LINK]

14 blocks were removed from the blockchain and 13 then added. 1,900 BTG worth approximately $19,000 at the time were double spent in the redirect of one transaction
At the time of the attack, major cryptocurrency exchange Binance allowed trading of BTG deposits after six confirmations, and withdrawal after 12 confirmations. A 14 or 15 block reorganization would therefore have evaded both of these escrow periods

Open-source

Microsoft urged: Open-source Windows 7 to ‘undo past wrongs’

by ZDNet [LINK]

The new petition comes as Microsoft increasingly embraces open source and Linux, occasionally open-sourcing chunks of its software empire
The petition was aiming to gather at least 7,777 supporters and today has exceeded that by 2,000

Financial Data

Financial Data Exchange adds 25 new members

by Finextra [LINK]

FDX represents an industry-wide movement to enhance consumer and business controls of financial data

Fintech: How Real-Time Financial Data Can Help Small Businesses in a Crisis

by Crowdfund Insider [LINK]

Real-time data includes sales, bill payments, transfers, remittances, credit card receipts, and even social media use and cell phone usage
Fintechs that can access real-time data can also make smarter predictions about the future of the economy and individual businesses, meaning they do not necessarily take on more risk when lending

DApps

Building DApps In The New Decentralized Financial Landscape

by CryptoDaily [LINK]

Security, automation of smart contracts and low transactional costs are named as highly important
Developers appreciate the simplicity of building decentralized applications, not asking permission for integration from banks and other financial entities

Is Tron’s DApp Market Dependent on Gambling?