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Aion Network Launches First Blockchain Virtual Machine on Java – CoinDesk

Aion Network, a non-profit aiming to “rebuild an internet that puts users first” through broadening the use of blockchain, announced a new virtual machine built on top of the popular Java Virtual Machine (JVM).

This marks the first blockchain virtual machine available to Java developers.

The Aion Virtual Machine (AVM) is not a modification or rewrite of the underlying JVM, but a supplementary software layer that can interact with the JVM as developers build decentralized applications and smart contracts above it.

Java provides a secure, transparent, scalable, and easily-deployed environment for those unacclimated to the crypto-landscape. This is fits Aion’s mission statement to promote more extensive use of blockchain.

By employing a commonly used language like Java, Aion CEO Matthew Spoke hopes to surmount one of the largest barriers to widespread blockchain adoption: terra incognita.

“We made the strategic decision to leave the JVM intact so we could fully leverage the mature ecosystem around it,” said a company representative in a blog. “Leaning on a hardened language like Java was crucial since a major obstacle for a business interested in Blockchain is the cost and time needed to train their teams on unfamiliar frameworks, languages, and tools.”

To this end, Aion also provides blockchain education and onboarding through Aion Learn and Aion University. Billed as a collection of engineers, academics, designers, and entrepreneurs – aligned with a singular, altruistic mandate – the network provides a catalog of developer tools and application templates, as well as mobile API’s and software development kits.

“We have a unique opportunity to build a foundation for the future economy. Aion is our contribution to that future; and we need the best and brightest to work alongside us to make it real,” said Spoke, on the network’s website.

The Aion blockchain utilizes multiple tools already popular on the mainnet, which provide accessibility and redundancy in the public network.

“Aion aims to become the common protocol used for these blockchains, enabling more efficient and decentralized systems to be built. The Aion protocol enables the development of a federated blockchain network, making it possible to seamlessly integrate dissimilar blockchain systems in a multi-tier hub-and-spoke model, similar to the internet.”

The native currency, AION, facilitates transaction fees for miners of the network. It has a current market cap of $60,495,358 USD, according to CoinMarketCap.

Code image via Shutterstock

Source: Aion Network Launches First Blockchain Virtual Machine on Java – CoinDesk

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Report: Number of Blockchain and Cryptocurrency Lobbies Tripled in 2018

The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, politics-oriented news outlet Politico reported on March 18. The number of entities lobbying on digital currencies and blockchain reportedly grew almost thrice in the course of the past year, reaching 33 projects in the fourth quarter of 2018 compared to 12 in the same period of 2017. Jerry Brito — executive director at the non-profit organization Coin Center that works with Reps. Warren Davidson (R-Ohio) and Darren Soto (D-Fla.), both known for their cryptocurrency-friendly attitude — reportedly suggested that the growth is driven by securities regulation…….

Source: Report: Number of Blockchain and Cryptocurrency Lobbies Tripled in 2018

Malware Found on a Movie Downloaded via Torrent Steals your Crypto and Poisons your Search Results – Ethereum World News

The plans of the security researcher under with the twitter username 0xffff0800 to spend a relaxing movie night at home did not turn out as he expected since after downloading a movie from a torrent uploaded to The Pirate Bay, he found a new (and interesting) type of malware that almost infects his computer………

Source: Malware Found on a Movie Downloaded via Torrent Steals your Crypto and Poisons your Search Results – Ethereum World News

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