Mobile ID solution of Vietnammobile Vietnamobile and IPification have just announced the launch of Mobile ID service in Vietnam – The ultimate authentication solution for smartphone transactions for Vietnamobile subscribers. Instead of traditional authentication steps that still contain many risks such as providing phone numbers and SMS OTP authentication, users only need to authorize Vietnamobile to authenticate the device’s ID; Transactions on mobile phones will be automatically verified and secured by Vietnamobile. According to information, the service will soon be integrated for Vietnamobile users. According to the US National Institute of Standards and Technology (NIST), SMS authentication is not secure enough. Hackers can hack to transfer SMS messages to phone numbers that do not belong to the owner. These tricks are so sophisticated that you won’t even know your messages have been stolen. NIST also warns that phone numbers registered on applications such as Facebook Messenger, Viber are likely to be hacked and reveal the verification code on SMS. An alternative solution is to use 2-layer security or use a security code from a token device. However, this method is quite complicated and causes interruptions in transactions, so most users find it very annoying. The Mobile ID service uses the technology of IPification. This is predicted to be the foundation for mobile authentication now and in the future. Mobile ID enables the authentication of compatible mobile users by verifying the device, SIM and phone number via IP address, intended to prevent fraud in mobile registration and transaction approval. Mobile ID service requires no additional settings, no need to enter a password, and does not require any action from the user. A representative of Vietnamobile said, “The number of Vietnamobile subscribers for online transactions has grown rapidly. In light of this trend, we look forward to providing our subscribers with a safe and convenient online trading platform.” Vietnamobile’s Mobile ID security solution was born to meet the mobile reality when all online activities and transactions of customers are done on smartphones. “We want our customers to be able to enjoy the best solution in terms of security, identity authentication, payment, login,” he said. Mr. Stefan Kostic, CEO of IPification shared. “As the number of online user activities globally is skyrocketing, we will provide the most secure, yet seamless authentication and transaction validation solution for Vietnamobile users.” MobiIPification Pification solution is trusted by leading telecommunications, technology, payment and OTT companies such as Microsoft, GBG, DataZoo, 3HongKong, Axiata Digital. Currently, IPification’s solution has reached more than 550 million devices in 18 markets globally. PV

(Source: Reuters) The leading electric car manufacturer Tesla (USA) will again accept vehicles pay in bitcoin when the process of “mining” this cryptocurrency is certified to use clean energy. Tesla CEO, Billionaire Elon Musk announced the above information on June 13 and immediately caused bitcoin to increase 5.1% in value, to $ 37,360.60 at 1:10 am on June 14 (Vietnam time). Billionaire Musk said Tesla will restore use bitcoin coin in payment transactions when “miners” certify that 50% of the electricity used to “mine” cryptocurrencies is clean energy and identify this as a positive trend in the future. Bitcoin and other cryptocurrencies are the “rewards” obtained after the process of “mining” with specialized miners that solve computational problems that allow linking blocks of transactions (blockchains). This process consumes a large amount of energy. In May, billionaire Musk announced Tesla will no longer accept bitcoin as a means of payment in its purchases. The announcement reverses Tesla’s decision in late March to accept payments in bitcoin and invest $1.5 billion in the digital currency. According to the graph of Bitcoin Mining Power Consumption Index produced by the University of Cambridge (CBECI), the energy use for “mining” cryptocurrency has increased continuously since 2016, even skyrocketing in 2020 and up The current level is 149 terawatt-hours (TWh), an all-time high.