Security expert Darin Stanchfield talks about how a decentralized system can prevent hackers from manipulating the vote.
Bloomberg
As the US is about to start one of the most critical presidential elections modern history, many are concerned with the security of the system. Whether it is Edward Snowden tweeting about hacking the official vote count, Donald Trump complaining about a rigged system or Democrats warning that a Russian cyber attack could manipulate the process, the concern is widespread and bipartisan.
We asked security expert Darin Stanchfield, CEO of KeepKey, a Seattle-based company that builds a secure digital hardware wallet for bitcoin and other crypto assets, how Blockchain technology can heighten security and protect the voting system from attacks.
"In today’s global information environment, where the threats of coordinated hacks are pervasive, we should take all security concerns seriously. These types of threats are real and actively happening. The main problem is that effective digital security is a constantly moving goal post.
Darin Stanchfield, CEO, KeepKey
We need to understand that now, more than ever, any system is at risk of being hacked. The Blockchain does, however, provide innovations that current systems could embrace. The immutable nature of the blockchain means that if used in an election system, once a vote is cast it cannot be manipulated. The blockchain would also provide an audit trail for election results. And finally, using a public Blockchain like Bitcoin would mean the entire system was decentralized with no single point of failure for attackers to target.
KeepKey does three things that could improve current election systems. First, KeepKey protocol uses secure offline hardware to protect sensitive data (for bitcoin and digital assets, this data is a private key). Humans have not yet mastered the security of electrons moving over wires: offline hardware removes this vulnerability.
The second improvement: KeepKey authenticates its user to manipulate this sensitive data. This is very much like having a personal notary overseeing each transaction, governed by the rules of cryptography and math.
And finally, KeepKey is open source. If code is not transparent or open for review, one may never know what secrets lurk under the hood. To contrast, current election systems are networked. They do little to authenticate those casting votes. Finally, these systems are typically closed and not easily reviewable by security researchers or the public at large."
As the US is about to start one of the most critical presidential elections modern history, many are concerned with the security of the system. Whether it is Edward Snowden tweeting about hacking the official vote count, Donald Trump complaining about a rigged system or Democrats warning that a Russian cyber attack could manipulate the process, the concern is widespread and bipartisan.
We asked security expert Darin Stanchfield, CEO of KeepKey, a Seattle-based company that builds a secure digital hardware wallet for bitcoin and other crypto assets, how Blockchain technology can heighten security and protect the voting system from attacks.
"In today’s global information environment, where the threats of coordinated hacks are pervasive, we should take all security concerns seriously. These types of threats are real and actively happening. The main problem is that effective digital security is a constantly moving goal post.
Darin Stanchfield, CEO, KeepKey
We need to understand that now, more than ever, any system is at risk of being hacked. The Blockchain does, however, provide innovations that current systems could embrace. The immutable nature of the blockchain means that if used in an election system, once a vote is cast it cannot be manipulated. The blockchain would also provide an audit trail for election results. And finally, using a public Blockchain like Bitcoin would mean the entire system was decentralized with no single point of failure for attackers to target.
KeepKey does three things that could improve current election systems. First, KeepKey protocol uses secure offline hardware to protect sensitive data (for bitcoin and digital assets, this data is a private key). Humans have not yet mastered the security of electrons moving over wires: offline hardware removes this vulnerability.
The second improvement: KeepKey authenticates its user to manipulate this sensitive data. This is very much like having a personal notary overseeing each transaction, governed by the rules of cryptography and math.
And finally, KeepKey is open source. If code is not transparent or open for review, one may never know what secrets lurk under the hood. To contrast, current election systems are networked. They do little to authenticate those casting votes. Finally, these systems are typically closed and not easily reviewable by security researchers or the public at large."
$3.5 Trillion Administrator Apex Group Sets $100B Tokenization Target for 2027
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture