• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Web3 assists Taiwan defend data from cyber attacks

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

To fight cyberattacks from China, Taiwan employs Web3 to share files just after a check out by US House of Representatives Nancy Pelosi.

Web3 assists Taiwan defend data from cyber attacks

TO Take awayTaiwan Digital Development Department (MODA) have a plan deployed decentralized technologies to its portal in an work to fight cyber attacks.

Related articles

Check out the famous speakers who will be present at the Taiwan Blockchain Week conference

Check out the renowned speakers who will be current at the Taiwan Blockchain Week conference

November 24, 2023
What is Mind Network?  Data storage solution for the Web3 field

What is Mind Network? Data storage option for the Web3 discipline

November 23, 2023

Taiwan Ministry of Digital Affairs Turns to Web3 to Protect From Mainland China Cyber ​​Attacks After Pelosi’s Visit https://t.co/sdEeHOBmyn

– South China Morning Post (@SCMPNews) 11 August 2022

The Interplanetary File System (IPFS), built by Juan Benet in 2014, is a peer-to-peer network that government officials will use for decentralized file sharing to bypass censorship efforts. IPFS identifies information by means of hash functions, enabling files stored from many destinations to be discovered anyplace and accessed applying uncomplicated HTTP.

The move to update the IPFS follows a controversial check out by US House of Representatives Nancy Pelosi to Taiwan, a very first for a senior official due to the fact 1997, in spite of warnings from China.

Ms. Pelosi’s check out to Taiwan not only brought about a shockwave by way of geopolitics, it also blocked the cryptocurrency marketplace. Bitcoin rose to the degree of resistance $ 23,500 on August three.

Grateful to have close friends in the worldwide neighborhood to be with #Taiwan to defend democracy and help regional protection. Thank you @Speaker Pelosi and all the members of your delegation for coming to Taiwan and for expressing your help. https://t.co/2EdwsiF8t3

– Tsai Ing-wen (@iingwen) August 3, 2022

After the check out, government web-sites have been repeatedly hacked from the mainland. In an interview with CNA, Digital Minister Audrey Tang stated so So far, the MODA web site has not been hacked due to the fact its launch on the identical day the Chinese military started its drills close to Taiwan.

“The website employs Web3 architecture linked to the blockchain and Web2’s international backbone neighborhood. So if it crashes, almost everything from Ethereum to NFT will endure the identical fate and this looks incredibly unlikely. “

The thought of ​​using IPFS arose just after Russia invaded Ukraine, applying cyber attacks to tear down Ukraine’s infrastructure.

According to officials, Taiwan noticed almost five million day-to-day cyber attacks or at least scans for procedure vulnerabilities final yr, 23 occasions increased than the past record. The implementation of Web3 is a massive phase, but the minister stressed the dangers of cryptocurrencies in income laundering actions.

After China’s crackdown on the cryptocurrency business final yr, Taiwan sprinted and emerged with radical initiatives with the ambition of getting to be a new regional crypto hub. However, the cryptocurrency business right here seems to have stagnated ever due to the fact, as well slowly getting to be “cold”.

Recently, this nation The acquire of cryptocurrency with a credit score card is indirectly prohibited just after the significant monetary regulator in contrast cryptocurrencies to on-line gambling. Song, cLike numerous other nations in the globe, Taiwan is pilot a digital currency your nation (CBDC).

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: AttacksCyberhelpsInformationprotectTaiwanWeb3
Share76Tweet47

Related Posts

OKX Releases 31st Proof of Reserves Report for May

by shark
June 2, 2025
0

OKX's latest Proof of Reserves report shows changes in BTC, ETH, and USDT holdings.

Stablecoin Activity Peaks with 33.1M Active Addresses in May

by shark
June 2, 2025
0

Stablecoin adoption skyrockets with 33.1 million active addresses in May 2025, supported by Artemis data, reflecting a booming crypto market.

CoinShares Reports Strong $286M Inflows into Digital Assets

by shark
June 2, 2025
0

CoinShares reported $286 million in digital asset investment inflows last week, marking a cumulative $10.9 billion over the last seven...

Tether Excluded from Juventus Capital Raise

by shark
June 2, 2025
0

Tether faces exclusion from a Juventus capital raise despite increased investment stake.

Hackers Impersonate Security Firms to Steal Crypto Keys

by shark
June 2, 2025
0

SlowMist warns of evolving scams by hackers impersonating security firms to steal cryptocurrency keys.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • OKX Releases 31st Proof of Reserves Report for May
  • Top New Meme Coins to Buy for 2025: Arctic Pablo, Gigachad, Ponke
  • Stablecoin Activity Peaks with 33.1M Active Addresses in May
  • CoinShares Reports Strong $286M Inflows into Digital Assets
  • Tether Excluded from Juventus Capital Raise
  • Hackers Impersonate Security Firms to Steal Crypto Keys
  • Altcoin Market Poised for Potential Bullish Rally
  • US Sells Seized Bitcoin, Faces Significant Financial Losses
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7