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NBA’s Sacramento Kings Partners with Ankr to Support The Growth of Blockchain Industry

The professional NBA team – the Sacramento Kings – and the blockchain company that offers cloud computing services – Ankr – shook hands on a multi-year collaboration. Throughout the engagement, the two entities will produce educational content about the cryptocurrency space and blockchain technology.

The Kings’ New Crypto Endeavor

The National Basketball Association announced the news on its website. Apart from educating sports fans about the merits of the digital asset industry by hosting events and creating various projects, the Sacramento Kings and Ankr will also make an annual event at Golden 1 Center (the home of the sports club). There it will invite students and developers to learn about the developments in the crypto space.

Golden 1 Center
Golden 1 Center, Source: NBA

Vivek Ranadivé – Chairman and Owner of the Sacramento Kings – aired his thoughts on the collaboration:

“Sports can be a powerful platform to educate and embrace innovation. We are proud to partner with Ankr to further align our synergies around forward-thinking initiatives and provide fans educational opportunities about the crypto economy.”

In his turn, Chandler Song praised the desire of the NBA team to look forward to new technologies raising hopes that the initiative would “open a lot of new doors for both sports fans and the crypto community:”

“We have visited the Kings data center for crypto mining inside their facilities many times, and I admire the openness of the owner, Vivek, to embrace new technologies. We are aligned in this mission to promote applications of Web 3 technologies.”

Speaking of Ankr, it is a software platform and decentralized infrastructure provider. Founded in 2017, it focuses on the growth of Web3 – the third generation of internet services for websites and applications. Ankr’s protocol also supports over 50 proof-of-work chains.

Salaries in Crypto for The Players

The Sacramento Kings – one of the basketball teams that has won the NBA – has shown a pro-crypto stance for years. In 2014, it allowed fans to purchase tickets and merchandise products with bitcoin.

In April this year, Chairman Ranadivé announced another step towards further digital asset adoption. He said that all employees in the organization could choose whether they would like to receive their salaries in the form of bitcoin instead of the dollar:

“I’m going to offer everyone in the Kings organization; they can get paid as much of their salary in bitcoin as they want, including the players.”

The Dallas Mavericks is another NBA team that accepts digital asset payments. In addition to Bitcoin, though, Mark Cuban’s club also allows settlements with Bitcoin Cash, Ethereum, Dogecoin, and more.

Featured Image Courtesy of Bleacher Report

AWS IoT – Unique Keys per each device – Data encryption

(Probably not the right board to ask. But here goes) I’m designing an IoT Solution with RPi as client and AWS as the server. On the client hardware, I have an Security Chip that can securely generate and store ECC, RSA, AES Keys/Pairs and can perform variety of cryptographic operations including ECDH, ECDSA, KeyGen, etc.,::Listen

(Probably not the right board to ask. But here goes)

I’m designing an IoT Solution with RPi as client and AWS as the server. On the client hardware, I have an Security Chip that can securely generate and store ECC, RSA, AES Keys/Pairs and can perform variety of cryptographic operations including ECDH, ECDSA, KeyGen, etc.,

My broader objectives on the cloud side are the following:

  1. On AWS Server side, I want to generate Unique ECC Keys per device, store them in HSM, perform ECDH to generate symmetric keys for encryption. I don’t want anyone (including me) to have access to the private keys generated by KMS (Or any other AWS Service – Encrypted or otherwise).
  2. I would like for the encryption and decryption operations to be performed by AWS services (preferably in a dedicated hardware made for that job). This is to avoid abuse of implementation bugs in my code.
  • While I can generate Data Encryption keys using KMS, I believe, I have to decrypt the private key in the code to use it. This means I have access to the private key.
  • I didn’t yet find way to do ECDH and then securely store the keys generated in that process.

Can you please help me the following:

  1. How to securely generate and store the ECC Keys for ECDH and ECDSA?
  2. Is there any service that can help me do the cryptographic operations (Encrypt, Decrypt, ECDH, ECDSA, etc.,) without me having to write the code for them?
Thanks!
tC

NBA’s Sacramento Kings Partners with Ankr to Support The Growth of Blockchain Industry

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