Blockchain

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...

Bybit announces partnership with top-tier German football club Borussia Dortmund.

The crypto trading platform Bybit and Borussia Dortmund jointly announced the partnership deal today with a focus on mutual brand outreach and marketing. In a statement released, the German soccer club said that BVB is expanding its presence in...

Binance CEO and Ethereum co-founder believe blockchain could improve the current voting system.

Binance's chief executive Changpeng Zhao and Ethereum's co-founder Vitalik Buterin both believe that a new blockchain-based voting system is required to improve democratic processes in the United States. Responding to prolonged uncertainty over the result of the controversial 2020...

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...

Blockchain could make dismantling nuclear weapons more “safe, secure, and reliable.”

As reported by King’s College London on Monday, the university’s Centre for Science and Security Studies (CSSS) suggests that using blockchain technology would help parties to the Nuclear Non-Proliferation Treaty build trust and make dismantling nuclear weapons more “safe, secure and...

Alibaba founder Jack Ma says cryptocurrencies are the future of finance.

The founder of e-commerce giant Alibaba, Jack Ma, states that cryptocurrencies are the future of finance. In his speech, he said that digital currencies are here to stay. And global regulation of digital coins is bad for the world's economic stability....

The central bank of Germany is working on a blockchain project.

According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany's Bundesbank. Germany's central bank said that the Ocean protocol,...

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...

JPMorgan launches its stablecoin JPM Coin and a new blockchain subsidiary Onyx.

According to the CNBC report, JPMorgan furthered its blockchain efforts this week with two major announcements. JPMorgan’s digital currency JPM Coin is being used commercially for the first time this week by a large technology client to send payments...

Former Ethereum developer Virgil Griffith files a motion to dismiss charges against him.

The former Ethereum developer Virgil Griffith is seeking to have sanctions violation charges against him dismissed. Griffith recently filed a motion claiming that the government's indictment is 'fatally flawed' and merits the case's dismissal. He was arrested in November...

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Japanese police charged 30 people for their alleged involvement in illegal transactions linked to Coincheck hack.

Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the $530 million Coincheck hack...