NTT Global Team Wins Hackathon for Attribute-Based Encryption App

• NTT Research hosted a hackathon to create an attribute-based encryption application to protect images containing private or sensitive information.
• A team from NTT Global in Belgium won the hackathon with their demonstration titled “Confidentiality in Images”.
• Honorable mentions were given to demos created by NTT DATA teams from Italy and Romania.

NTT Research, Inc., a division of NTT (TYO:9432), recently held a hackathon at their offices in Sunnyvale, Calif. from September 16 to 29. The goal of the hackathon was for teams from around the world to create an application for attribute-based encryption (ABE) to protect images containing private or sensitive information.

Five NTT-affiliated teams from across the globe participated in the hackathon. Among them was a team from NTT Global in Belgium, comprised of Senior Software Engineer Pascal Mathis and Data Scientist Jean-Philippe Cabay. Their demonstration, titled “Confidentiality in Images”, received the top prize. The video of their presentation was showcased at the NTT R&D Forum, a virtual business conference that took place November 16-18.

The hackathon was judged by a panel of representatives from NTT DATA, NTT Research, and the NTT Service Innovation Laboratory. Honorable mentions were given to demos created by NTT DATA teams from Italy and Romania.

The application of ABE to images is a groundbreaking concept. By using ABE on the sensitive parts of the images, the idea is to ensure fine-grained control over who can access which information. Such a concept will help to protect the privacy of individuals and organizations by preventing unauthorized access to sensitive data.

In addition to the top prize winners from Belgium, the hackathon was a great success for the other participating teams. The demos from Italy and Romania showcased the creativity and technical expertise of their respective teams.

The hackathon was a unique opportunity for NTT-affiliated teams from around the world to collaborate on a project with global relevance. By leveraging the collective knowledge and experience of the teams, NTT Research was able to unlock groundbreaking applications that balance privacy and security.

XRP Scams: Don’t Fall for the Trap!

Bullet Points:
– Recently, a clone of XRP, called XRPC, has been catching the attention of investors.
– XRP has had several cases of people posing as Ripple-associated entities and offering shoddy investment schemes.
– In an event of bizarre Twitter account hacking, the XRP scam was also advertised on the official Twitter account of GOL TV, an American Sports Broadcaster.

Recently, another news of a clone of XRP, called the RP Classic (XRPC), has grabbed the attention of several investors. XRP is a popular digital asset and its technology is being adopted by many enterprises around the world. It is important to be aware of the suspicious activities that can surround the XRPC token and the scams that may follow.

One of the most common forms of XRP scam is the wrong impersonation of Ripple Chief Executive Officer Brad Garlinghouse. Many times, the hoaxers pose as Garlinghouse and present an extremely enticing investment opportunity, like the standard doubling of one’s money. People who accept the bait are then left with no recovery of money and essentially no way to go about retrieving it.

In an event of bizarre Twitter account hacking, the XRP scam was also advertised on the official Twitter account of GOL TV, an American Sports Broadcaster. The hack was reported by the company as soon as they noticed it and they disabled the account as soon as they could. The account was then restored and the malicious post was taken down.

The XRP scam has become an international issue and is becoming harder to control. It is important to remember to never fall for any kind of investment scheme that claims to double your money, especially if it is not backed by any contracts or regulatory supervision. Be aware and do not be scammed.

Tencent Shares Reach Multi-Month Highs Amid Regulatory Easing

• Tencent shares have reached multi-month highs, thanks to regulatory easing from Chinese authorities.
• The company’s shares have increased by nearly double the price points since October 2022.
• Tencent is now one of the most valuable companies in the world, despite the market squeeze in the global financial industry.

Tencent Holdings Ltd (HKG: 0700), the Chinese multinational internet giant, has seen its shares reach multi-month highs due to regulatory easing from Beijing. In October 2022, the company’s share price had dropped to its lowest point since 2017, as the tech industry in China was suffering from the aftermath of the global financial industry squeeze. However, the shares have since then climbed by nearly double the price points.

The Chinese authorities had become concerned about the prolific growth of tech startups and the potential of them monopolizing the market. In order to ease the regulatory pressure, the government has implemented a range of measures, such as reducing the number of new stock market listings. This has had a positive effect on the share price of Tencent, allowing it to become one of the most valuable companies in the world.

The company’s shares are currently at HKD 370.20, despite the 0.32% drop seen in the past few days. Investors are optimistic that with the current easing of pressure from authorities, Tencent’s shares may see additional upswings in the near future.

Tencent has been a leader in the tech industry for many years, and its current success is a reflection of its resilience and strength. The company has been able to continue innovating and expanding its services, allowing it to remain at the forefront of the industry. With the market improving and the regulatory pressure reducing, the company is well-positioned to continue its success in the years to come.

Didi Chuxing Relaunches App in China After 18-Month Suspension

• After an 18-month suspension, Didi was given approval to relaunch its app in China on Monday, 16th January 2023.
• Didi was pulled down from China’s App Stores due to allegations of illegally collecting user data.
• Didi responded by making “corrections” to its cross-border data practices in order to address the “national security concerns” raised by the regulators.

Chinese ride-hailing giant Didi Chuxing finally received the greenlight from regulators to relaunch its app in China after an 18-month suspension. The company, which offers multiple app-based services such as food delivery, ride-hailing, and more, was faced with allegations of illegally collecting user data in July 2021, which resulted in the Chinese authorities authorizing the country’s app stores to delist Didi.

Before the relaunch of user registration, existing users of the Didi app used it as long as they had it on their phones, as the company had served around 493 million, annual active users, and was involved in about 41 million daily transactions. After the suspension, Didi responded to the “national security concerns” raised by the regulators by making “corrections” to its cross-border data practices.

These corrections have allowed the company to relaunch its app on Monday, 16th January 2023. This is a major step forward for Didi, as the company had raised about $4 billion following its debut in one of the US’s largest initial public offerings (IPOs) before being pulled down from China’s App Stores.

With the relaunch of the app, Didi is looking to regain its pre-suspension user base and improve its services to ensure that its users enjoy a safe and reliable experience. The company is also looking to develop new services, such as its new car-sharing service, which it launched in October 2021.

Didi’s relaunch will also be a major boost for the Chinese ride-hailing industry, as the company is the largest player in the market. The company is expected to face stiff competition from its rivals, such as Meituan and Shouqi, which have been operating in the country since the suspension of Didi.

With the relaunch of the app, Didi is looking to reignite its business in China and become the leading player in the country’s ride-hailing industry once again.