The central bank of Thailand has leveraged blockchain technology running on IBM Cloud to launch the world’s first DLT-based platform for government savings bonds. Within the first two weeks of operations, the blockchain-based platform has issued a total of $1.6 billion of such bonds. The announcement from the International Business Machines (IBM) Corporation reads that...Read More
Grammy award-winning music creator André Anjos is the latest artist to tap into the cryptocurrency space. Better known by his stage name RAC, Anjos has launched a new Ethereum based community token for artists. The token is also named RAC. With it, the music producer intends to free artists and content creators from the clutches...Read More
The popular blockchain company Tezos has become the last integrated network into China’s ambitious Blockchain-based Services Network (BSN). Developers can employ the Tezos protocol through BSN’s global public city nodes and portals for a “simplified development and deployment experience.” All three global public city nodes, namely Hong Kong, California, and Paris, have integrated with the...Read More
Jack Dorsey’s financial services company Square has established a non-profit organization called Cryptocurrency Open Patent Alliance (COPA). Working independently from Square, the entity aims to ensure open access to blockchain technology in the digital asset sector and fight patent trolls. Square Creates COPA According to Square’s announcement, COPA aims to stop companies within the cryptocurrency...Read More
Akon City, also referred to as the “real-life Wakanda,” will begin construction in early 2021, said the popular singer, producer, and mastermind behind the project – Akon. He even hinted plans of franchising the concept in other nations in Africa. Akon City Construction Starts In Several Months Initially announced in mid-2018, Akon City gained mass...Read More
A joint venture between the British multinational investment bank HSBC, Singapore Exchange (SGX), and state-owned investment company Temasek has completed its first digital bond issuance of $300 million worth of corporate bonds on SGX’s digital asset platform by employing blockchain technology. $300M Of Corporate Bonds Replicated Digitally With DLT The collaboration between the three entities,...Read More
Inspired by Brexit, a group called Yes California is leading the charge for separation of California from the United States. And it seems, cryptocurrency will form the backbone of the financial system in the independent country of California. California To Ditch The US For Freedom, & The US Dollar For Crypto According to the latest...Read More
The use of cryptocurrencies in Venezuela has thrived over the years, and although they may not be the revolution that many expected, they have managed to fit into the financial thinking of the people there more strongly than in other countries. The status of crypto and blockchain technology in the country has evolved significantly. A...Read More
One of the significantly technologically developed cities in South Korea is aiming to expand its payments programs through digital gift certificates based on blockchain technology. One of the goals is to educate the elderly on contactless payments. Giving The Elderly A More Simplified Payment Process According to a recent news report, the new establishment of...Read More
StormX, the blockchain-based rewards platform that helps users earn crypto, has scored a significant coup by onboarding retailing giant Walmart. Having already sealed deals with the likes of Microsoft, Nike, Adidas, eBay, Target, Dell, and Samsung, StormX is taking things up a notch by enabling 4% ‘Cryptoback’ on all Walmart purchases. In fact, shoppers can...Read More
The Coke One North America (CONA) aims to utilize Ethereum’s Baseline Protocol in a new project to manage supply chains across different bottling suppliers. Coca Cola to Create Botting Harbor with Ethereum-based Network According to a report from Monday (August 3, 2020), CONA established a project called “Coca-Cola Bottling Harbor,” which will leverage the Baseline...Read More
ESPN Global has recently developed an online gaming platform with blockchain technology. The E-Sports Programming Network’s gaming environment will allow users to compete with each other in a variety of game battles and tournaments, where they’ll be able to win money. Players Can Make Payments Via Bitcoin According to a news report, the upcoming platform will...Read More
After adding Stellar to its Samsung Blockchain Keystore, the tech mogul has also featured another cryptocurrency project under its kit. Namely, this is the Decentraland Marketplace application that has already been added to Samsung’s Blockchain Wallet, as per a recent report. Decentraland Joins Samsung Blockchain Wallet According to an official announcement, the smartphone giant Samsung,...Read More
David Rutter, CEO of blockchain firm R3, is independently working on a platform that leverages the distributed ledger technology (DLT) for bond trading. Digitizing the Corporate Bond Market with Blockchain There is no doubt that the bond market is among the largest securities markets in the world, and yet trades are still handled over the...Read More
A recent report informs that Singapore has developed a fully functional blockchain-based payment network allowing faster and cheaper international settlements. The team behind it, including investment giant Temasek and US multinational bank JP Morgan, is finalizing technical details for the prototype, and the final product should arrive soon. Singapore Taps Blockchain For A Payment Network...Read More
The government of South Korea is considering a local hemp regulatory-free trade zone and is looking to manage the production of hemp by employing blockchain technology. Tracking Hemp Production With Blockchain According to a report by Newspim on Tuesday (July 7, 2020), the Andong region in the Gyeongbuk Province became a ‘Special Industrial Hemp Free...Read More
A number of Chinese courts have reportedly used a designated blockchain-based technology to secure and monitor sealed properties. The so-called electronic door seals are now up for a trial in some of the country’s legal institutions, allowing surveillance, based on the novel technology. Electronic Seals To Keep Properties Safe A recent report announced that the...Read More
Blockchain utilization is continuously rising in various countries across the world, a recent report revealed. It outlined that US-based companies have been awarded the most substantial number of patents for blockchain endeavors, but the Chinese multinational giant Alibaba is the single entity to receive the most. Blockchain Patents Across The Map The report from the...Read More
More companies are utilizing blockchain, reveals a recent study compiled by the multinational professional service network Deloitte. Interestingly, the Asia-Pacific region appears to be leading on the matter with the most use cases employing the distributed ledger technology (DLT). Blockchain Matures Deloitte surveyed nearly 1,500 senior executives and practitioners from large companies from 14 countries,...Read More
The research and development team of the American newspaper The New York Times has tested a blockchain-based project to address the growing issue of misleading information in the online space. NYT Turns To Blockchain For Validating Info In its recent report, the NYT outlined the problem of misinformation, primarily when it comes down to pictures...Read More
The American multinational technology company Microsoft Corp. has launched a beta version of its open-source, decentralized identifiers (DIDs) network on Bitcoin’s mainnet. Called ION, it’s designed to bring back the control of personal information from centralized entities to individuals. Microsoft’s DID Employs Bitcoin’s Network The tech giant explained its decentralized identifiers as a technical component...Read More
Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate – called AMERIBOR – could serve as a potential replacement to LIBOR. Blockchain Project To Replace LIBOR? The London Interbank Offered Rate (LIBOR) has a significant role in global finance. It’s utilized to...Read More
The partnership between TRON and the technology giant Samsung continues to reap benefits. As of today, the popular blockchain company with have a dedicated section in the Samsung Galaxy Store, featuring applications built on top of the TRON network. TRON Apps On Samsung Galaxy Store Back in 2019, both firms announced the initial partnership agreement...Read More
The large American communications technology company, Zoom Video Communications, has integrated a blockchain-based app for the first time. Developed by 2key.Network, SmartSessions is built on top of the Ethereum network and will allow business owners to monetize video calls with cryptocurrencies. Blockchain Enters Zoom The popular communications company announced the integration of SmartSessions earlier today....Read More
An alliance consisting of Chinese government groups, banks, and technology companies will launch the Blockchain-based Service Network (BSN) in April. The innovative platform will be among the first maintained by a central government. It will allow participants to operate on top of it, without having to design a new network from scratch. Blockchain-Based Service Network...Read More
Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019. Bitcoin Adoption Two years after the bank’s CEO, Jamie Dimon regretted calling Bitcoin a “fraud,” JPM issued a 74-page document that...Read More
One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase. Barcelona To Launch Own Cryptocurrency According to an official press release, FC Barcelona, the captain of which is...Read More
In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League. According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority...Read More
The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors. Australia Published Blockchain Roadmap Less than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a...Read More
Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...Read More
