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Chinese Logistics Firms Tap Alibaba’s Blockchain for Shipping and Logistics

Chinese Government-Run Firm Taps Alibaba’s Blockchain for Shipping and Logistics

July 8, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

China Ocean Shipping Company (COSCO), a Chinese government-run shipping and logistics company, has inked a strategic partnership deal with e-commerce giant Alibaba and Ant Group. The new alliance seeks to enable COSCO to digitize its shipping and logistics processes with Alibaba’s blockchain solution, reports The Maritime Executive on July 8,...

Chinese Transportation Giant Didi Chuxing to Trial DCEP

July 8, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Didi Chuxing Technology Co., China’s leading mobile transportation firm founded by Cheng Wei in June 2012, has announced that it has joined forces with the Digital Currency Research Institute of the People’s Bank of China (PBoC). The alliance will enable Didi Chuxing to trial and explore the nation’s central bank...

Indian IT Giant Tech Mahindra Launches Blockchain Platform to Protect Content Creators from Piracy

July 7, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Tech Mahindra, an Indian multinational company providing information technology services and business process outsourcing to companies, has launched a distributed ledger technology (DLT) solution called the Blockchain Based Contracts and Rights Management System (bCRMS). The solution is powered by IBM’s Hyperledger-based blockchain network and is designed to protect the intellectual...

DeFi in Early Stages of Growth and Development, Yet the Potential is Glaringly Obvious

DeFi Boom Almost Doubles Ethereum Active dApp Users in Q2 2020, Report Says

July 7, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

Dapp.com, a leading decentralized application (dApp) analytics platform, has released its Q2 2020 Dapp Market Report showing the big winners and losers in the world of decentralized finance (DeFi). Brave Browser's Basic Attention Token (BAT) is the most used token in DeFi, while Ethereum attracted the highest number of dApp...

Chinese Courts Tap Blockchain Technology to Monitor Sealed Properties

July 6, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The Executive Bureau of the People’s Court in the Haidian District of Beijing has used a blockchain-based electronic seal to secure a building in Chaoyang district from unauthorized access. The electronic seal sends notifications to the relevant authorities in real-time whenever there's illegal access to a sealed property, reports Global...

Bank of Japan Studying Digital Currencies, Says Governor

Bank of Japan to Conduct Proof of Concept for Its Digital Yen

July 3, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The Bank of Japan (BOJ), the 138-year old Japanese central bank, has announced plans to carry out a technical feasibility study for its central bank digital currency (CBDC). The bank says it intends to carry out a proof of concept (PoC), while also collaborating with other central banks and relevant...

Lebanese Lira collapses, is now worth one satoshi

Lebanon: Raging Monetary Crisis Means Lebanese Lira Is Now Worth One Satoshi

July 2, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The Lebanese Republic, a Western Asian nation bothered by Israel to the South and Cyprus to the west, has been faced with serious economic turmoil in recent times, with the nation’s currency, the Lebanese Lira now trading at 9,600 against the U.S. dollar. Amidst the raging economic storm, experts have...

Research: Bitcoin's Protocol can Be Analyzed to Track Criminals

U.S. Authorities Point Searchlight into Crypto’s Role in Trafficking

July 2, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Republicans and Democrats in the Senate Banking Committee are putting preparations in top gear to introduce a bill that would mandate the Government Accountability Office (GAO) to critically study the role of bitcoin (BTC) and other cryptocurrencies in illicit activities such as human and drug trafficking, money laundering, terrorist financing...

Hand Holding a Bitcoin and the Swiss Flag

Swiss Authorities Amend Existing Laws to Foster Crypto Growth

July 1, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports...

World’s First Centrally Cleared Bitcoin Exchange Traded Product to list on Deutsche Börse

Europe’s Third-Largest Stock Exchange Lists Bitcoin ETP

July 1, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Germany-based Deutsche Boerse --Europe’s third-largest stock exchange - has officially accepted 21Shares’ Bitcoin exchange-traded product (ETP) and is now set to list the product on Xetra electronic trading platform, according to reports on July 1, 2020. Bitcoin ETP Live on Deutsche Boerse While authorities in the United States are still...

Augur (REP) v2 to Officially Go Live on July 28

June 30, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Augur (REP), a decentralized oracle and prediction market protocol that prides itself as the world’s most accessible, no limit betting exchange, has announced plans to roll out its Augur v2 upgrade on the Ethereum mainnet on July 28, 2020. The team plans to rename Augur's native token, REP to REPv1,...

South Korean Authorities Tap Blockchain for Medical Data Storage

June 29, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The government of South Korea is partnering with Sendsquare, a blockchain startup in charge of the FLETA Blockchain, to develop a proof-of-concept project which aims to store the data of the nation’s 3.6 million diabetes patients on a tamper-proof distributed ledger, according to reports on June 29, 2020. Medical Data...

DeFi Protocol Balancer Exploited, Loses Over $500k to Hackers

June 29, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Balancer Labs, a decentralized finance (DeFi) protocol for programmable liquidity and more, has been exploited by a bad actor who succeeded in stealing over $500k worth of altcoins from its Statera (STA) and STONK (STONK) lending pools, according to reports on June 29, 2020. Balancer Labs Vulnerability Exploited While decentralized...

VeChain - Special edition of the Nike Air

Australian Shoe Manufacturers Adopt VeChain (VET) to Authenticate Nike Licensed Sneakers

June 26, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

VeChain (VET), a blockchain project that’s focused on enhancing supply chain management and business processes, has been adopted by top Australian shoe manufacturers, Case Shiel and The Kickz Stand for authentication of the Nike Air Max 1 Cherry sneakers scheduled for release on June 28, 2020. Case Shiel & The...

EDAG and d-Fine Tap IOTA for Smart Parking System

IOTA (MIOTA) Could Launch First Public Coordicide Testnet By June End

June 26, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

IOTA (MIOTA), a distributed ledger technology (DLT) project focused on the Internet of things (IoT), took to Twitter on June 25, 2020, to announce that its much anticipated public Coordicide testnet launch may happen sooner than expected, as the new GoShimmer version v.02.0 is almost done. IOTA (MIOTA) Coordicide to...

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