Blockchain

The New York Times tests a blockchain project to tackle misleading information.

In its recent report, the New York Times outlined the problem of misinformation, primarily when it comes down to pictures circulating the Internet once the images are uploaded somewhere, the chances of being altered or hampered with the increase, hence...

Saudi Arabia’s central bank used blockchain technology to inject funds into local banks.

The central bank of Saudi Arabia has revealed that it used blockchain technology to inject liquidity into its banking sector. This was part of the central bank's efforts to explore emerging technology. The Saudi Arabian Monetary Authority (SAMA) has...

Block.One’s social media platform Voice to launch on July 4.

Block.One, the firm behind the EOS network, recently announced that they are launching the anticipated tokenized social media platform Voice on July 4. The CEO of Voice Salah Zalatimo cited the urgent need to take social back from big...

Sekisui House is using blockchain to simplify rental contracts in Japan.

Japan's one of the biggest home builders, Sekisui House, is making preparations for its contracts on certain rental homes to go on the blockchain. According to the company's announcement on June 8, Sekisui House said that it would use blockchain for...

VeChain Partners with Pharma Giant Bayer to Develop Drug-Tracing Platform

In a recent interview, Bayer China revealed that they had selected blockchain startup VeChain as a partner for the new drug-tracing platform that they plan to develop. VeChain will be the tech-provider for the CSecure platform, a blockchain-powered solution...

Blockchain startups dominated Hong Kong’s fintech sector in 2019.

According to the Financial Services and Treasury Bureau report, the blockchain companies accounted for 39% of the 57 fintech companies that set up shop in Hong Kong last year. The rise in blockchain firms is due to the Hong Kong...

The Chinese province of Yunnan will use blockchain to track its tea chain supply.

The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu'er tea farms on June 3. The blockchain platform was first announced in Yunnan during the 2020 Phoenix Nest Ancient Tree Spring Tea New Product...

South Korean university announces to build a blockchain and artificial intelligence campus in Daegu.

Suseong University partnered on the initiative with the Korea Artificial Intelligence Association. According to the local news report in Money Today, the university revealed that the campus would also focus on other emerging technologies such as big data and...

Alibaba collaborates with China’s biggest port operator to increase blockchain adoption.

China Merchants Port, which is China's biggest port operator, reached a deal with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow for the development of a blockchain-based platform, which will target several different...

Russian ministry opposes the proposal to lift the ban on Telegram.

Russia's federal assembly, better known as the State Duma, had proposed lifting the ban on the encrypted messaging platform Telegram for easier dissemination of COVID-19 information. These authorities are using Telegram to share information on how to mitigate the...

Latest News

Coinbase hires former Facebook vice president Paul Grewal as its Chief Legal Officer.

Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will lead the crypto...