Blockchain Startups

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....

Australian government emphasizes the importance of blockchain tech in the fintech sector – a report by Sahil Kohli

The Australian government's Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report that mentioned blockchain technology more than 50 times. The report is in response to the country's first recession in 30 years as...

Blockchain platform to allow Indian farmers to connect with the UAE food industry- a report by Sahil Kohli.

Officials in the United Arab Emirates (UAE) will be using Agriota E-Marketplace, a platform that employs blockchain technology to bridge the gap between farmers in India and the UAE's food industry. The blockchain platform Agriota reportedly provides transparency by...

Japan’s Finance Minister suggests how blockchain can help in the fight against COVID-19.

Japanese Finance Minister Taro Aso suggested blockchain technology would be key in the world's battle against the coronavirus pandemic as the technology can be used for contact tracing while ensuring privacy. Taro Aso gave the opening remarks for the...

Colombia’s Technology Ministry urges to adopt blockchain technology in various sectors.

It's time for Colombia to adopt blockchain technology and cryptocurrencies, the country's Ministry of Information Technologies and Communications (MinTIC) has urged. In a comprehensive guide, the MinTIC delved into ten sectors that could greatly benefit from integrating blockchain. In...

India is looking at the potential of blockchain tech for remote voting.

According to the Indian Express report, the Indian Election Commission is exploring the potential of blockchain technology for remote voting amid a pandemic. Election Commissioner Sushil Chandra mentioned the issue of voter privacy and expressed his concerns over geographical...

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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...