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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: adoption

A Deep Dive into AZTEC Protocol: Providing Privacy on the Ethereum Network

Category: Altcoins, Cryptocyclopedia, Ethereum, News

A Deep Dive into AZTEC Protocol: Providing Privacy on the Ethereum Network

Privacy concerns have become major topics in the cryptocurrency community in recent times. These concerns have led to an increase in the popularity, usage, as well as the value of the leading privacy-centric digital currencies. In the same grain, the developer community has been consumed with introducing features that support confidential transactions in the prominent cryptocurrencies such as bitcoin and…

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Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

Category: Adoption, Blockchain, Business, News

Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018. WeChat Powers Administrative Move Partnering with Chinese technology…

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IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Category: Adoption, Blockchain, Business, Development, News, Regulation

IBM Developing Blockchain-Based Solutions to Transform India’s Telecoms Sector

Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018. IBM Creating DLT Solution for India’s Telecoms Per sources close to the matter, IBM is collaborating with Indian telecommunications companies…

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Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Category: Adoption, Blockchain, Business, Finance, News, Platform

Global Maritime Industry Firms Launch Blockchain Platform for Certification of Seafarers

Lloyd’s Register Foundation, a U.K.-based charity organization, has funded a blockchain solution that will enable firms in the maritime industry, including Maersk Line, Maritime Blockchain Labs (MBL), and others to carry out a host of operations via distributed ledger technology (DLT),  including verification of safety documentation and seafarers certificate depository management, reported the Loadstar on December 11, 2018.   Blockchain…

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Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

Category: Adoption, Altcoins, Bitcoin, Business, Finance, News

Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

While the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for payments. However, with the bears fully in charge and volatility drastically reduced, cryptoassets are slowly but steadily beginning to function…

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UK MP: “Taxes Could Be Paid in Cryptocurrency”

Category: Adoption, Bitcoin, Business, Finance, News

UK MP: “Taxes Could Be Paid in Cryptocurrency”

On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. Pro-Crypto MP According to an article published by UK media outlet the Daily Express, Eddie Hughes, an MP belonging to the Conservative party, who are…

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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

Category: Adoption, Blockchain, Business, News, Regulation

South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

The South Korean government will be spending four billion Korean won (KRW) ($3.500.000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. According to the report, the city administration of Busan, the second most populated city in South Korea, proposed the project. Also involved are Nuri Telecom,…

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UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

Category: Adoption, Blockchain, Development, Finance, News

UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

In a bid to make it easier for innovators in emerging economies to solve real-life problems with distributed ledger technology (DLT ), the UNICEF Innovation Fund, has announced a move to invest heavily in six blockchain startups in developing and emerging economies, according to a press release on December 10, 2018.    UNICEF Using DLT to Help Humanity The UNICEF…

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South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

Category: Adoption, Blockchain, Business, Finance, News

South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018. Leading Blockchain Adoption Managing assets of over $260 billion and storing $192 billion worth of the Korean won, Shinhan Bank is one of the largest financial…

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Despite Crypto Downfall, Southeast Asian Countries Fast Turning into a Blockchain Hub

Category: Adoption, Blockchain, Business, Finance, News, Regulation

Despite Crypto Downfall, Southeast Asian Countries Fast Turning into a Blockchain Hub

Southeast Asia is swiftly shaping into a blockchain hub, with most emerging and developed markets in the region firmly positioning themselves at the forefront by deploying blockchain-based products across a myriad of business verticals, reported The Asean Post on December 10, 2018. Beyond the Internet Boom While most uses of blockchain technology are relegated to cryptocurrencies or related businesses, governments and…

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