Blockchain Startups

The U.S. intelligence agency CIA will use blockchain in its research and development arm.

The United States' foreign intelligence service CIA is launching a research and development arm, and blockchain technology will be one of the key areas of focus. The Central Intelligence Agency (CIA) will also research other emerging technologies, including artificial...

US Space Force recruits blockchain firm Xage Security to develop its data protection strategy.

Together with the United States Air Force Research Lab, the US Space Force (USSF) has employed a Silicon Valley-based blockchain firm known as Xage Security to develop its data protection strategy. The chief executive of Xage, Duncan Greatwood, revealed...

South Korean government plans to bring blockchain voting into people’s homes – a report by Saumil Kohli.

According to the ZDNet report, the South Korean Ministry of Science, or ICT, chose a local firm, Ksign, to develop a contact-free platform that will let residents engage with electronic voting, parking space management other housing-based governance measures. The...

China’s Blockchain Service Network to support DAML smart contract language – a report by Sahil Kohli

The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. Red Date Technology, a major tech company, involved in the BSN's development, will add support for DAML, which is...

US lawmakers present two proposals about blockchain tech in consumer protection – a report by Sahil Kohli.

The U.S. House Committee on Energy and Commerce recently supported a motion that would incorporate elements of the Digital Taxonomy Act and the Blockchain Innovation Act into new legislation as part of the upcoming Consumer Safety Technology Act. The...

The Committee on Energy and Commerce approves two bills for study of blockchain in commerce – a report by Saumil Kohli.

The US Committee on Energy and Commerce has just approved two legislations to spur more in-depth analysis of blockchain technology in government, clearing the way for their vote in the House of Representatives. In a debate moderated by Chamber...

Australia Senate calls for the adoption of blockchain tech – a report by Saumil Kohli.

According to an Australian Senate report, Blockchain technology will be the key to all financial technology (fintech) and regulatory technology (regtech) companies in the future. The report called for the adoption of blockchain and other emerging technologies as the...

Saudi Arabia is planning to use blockchain technology to ease cross-border trade – a report by Saumil Kohli

Saudi Arabia believes that blockchain technology can greatly ease cross-border trade by allowing businesses to prove financial compliance in multiple countries. In its proposal to the G20's business community, Saudi Arabia advocated for blockchain to remove geographical barriers for...

The Korea Internet & Security Agency adopts a blockchain-based employee ID system.

The Korea Internet & Security Agency, or KISA, is the first public entity of South Korea to adopt a blockchain-powered employee ID system through a smartphone app starting October. According to Yonhap, the South Korean government agency will also issue tokens...

US lawmakers introduce a bill to study blockchain for consumer protection – a report by Sahil Kohli.

Three United States House Representatives, two Democrats, and a Republican have officially introduced a new bill to spur more in-depth analysis of blockchain technology in Congress. Earlier this week, Rep. Darren Soto (D-FL), Rep. Brett Guthrie (R-KY), and Rep....

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US Banks can now hold reserves in stablecoins.

The U.S. regulators have given banks and financial institutions the authorization to hold reserves in stablecoins, opening up new...