Technology
Sex Tech announces the first VR case on security at Blockchain
Panelists from the sex technology industry will meet in virtual reality on April 23 to explore the effects of encryption in the sex industry when it comes to blockchain.
Eventbrite UK announced that the event would discuss how blockchain technology affects compensation to sex workers, reports of agreement between couples, and documents of sexual assault.
“By design, blockchain is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. How anonymous is our sex history on blockchain? Are we protected as we think we are?”
Featuring Alison Falk, President of Women of Sex Engineering, the founder of Cyber Rabbit Imagination Workshop, a sex and relationship mentor, and a podcast host, the panel will be held at AltspaceVR on 23 April at 18:30 BST.
Sex fraud targeting the crypto owners
Cryptocurrencies have become a common payment mechanism in the adult entertainment industry due to their pseudo-anonymity. In specific sex performers on webcams rely on the immutability and censorship resistance of blockchain technologies to preserve their anonymity and provide a revenue stream. However, cryptocurrency holders that are not associated with the sex business have become the targets of scammers and blackmailers for years.
With more people working from home and investing more time online, the FBI released an alert earlier this month about virtual asset scams. One fraud involves anyone who appears to be afflicted with COVID-19 would pass the disease on to the victim until a certain amount of Bitcoin (BTC) has been sent to the address given.
Related efforts have been made by extortionists seeking to expose people to various sexual activities that they pretend to have learned by ransomware on the other's device. If the survivor will submit a few thousand dollars worth of BTC, the images or videos can be distributed publicly. The so-called "sexploitation" scam is only one of the issues that can be explored in the April 23 panel.
