Blockchain Startups

Nigeria expects to generate $10 billion in revenue from blockchain technology by 2030.

The director-general for Nigeria's National Information Technology Development Agency (NITDA) has said that the country could potentially expect a revenue stream between $6 billion to 10 billion from blockchain technology in the next ten years. According to a recent...

HSBC Bangladesh conducts the country’s first blockchain-powered cross border trade.

The Bangladesh branch of global banking firm HSBC has conducted the country's first blockchain-based letter of credit (LC) transaction on the Contour blockchain platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from...

Japanese firms invest in a new trade data management system powered by blockchain.

Japanese companies are investing in a new trade data management system powered by blockchain technology, with the potential to introduce significant efficiency savings for companies in importing and exporting goods. According to the Nikkei report, seven companies are reportedly preparing...

Chainalysis records a 65% increase in the number of customers.

Blockchain analytical company Chainalysis has recorded growth in 2020, with the New York-based firm recording a 65% increase in the number of customers. The growth has been fueled by an increase in demand from public sector agencies as more...

Indian state Tamil Nadu announces its blockchain policies.

Tamil Nadu has announced its blockchain policies, becoming the first state in India to release its safe and ethical artificial intelligence (AI), blockchain and cybersecurity policies. According to the Indian Express report, the adoption of these ethical blockchain policies...

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...

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American investor and fund manager Bill Miller says Bitcoin is not a bubble.

Bill Miller, a well-known American investor and fund manager, said that Bitcoin is not a bubble. The American investor...