#blockchain adoption News

Kakao Expands Into Singapore to Strengthen Its Global Blockchain Adoption Initiative

August 16, 2021 by Anthonia Isichei at Blockchain

South Korean Internet giant Kakao launched two blockchain units in Singapore as part of the company's plans to expand its blockchain reach for the Klaytn project globally. Two Blockchain Entities in Singapore According to the Korea Herald on Monday (August 16, 2021), the two blockchain-based entities established in the city-state...

The Importance of Cross-Chain Compatibility

July 22, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

The potential for blockchain to improve business processes, provide transaction transparency and security in the value chain, and reduce operating costs is obvious to many people. Despite this, the expected mass adoption has not occurred so far. What has the blockchain been insisting on? In recent years, several issues have...

WEF article on blockchain tackling corruption in gov’t services

World Economic Forum Article Highlights How Blockchain Could Help Tackle Corruption in Government Services

July 5, 2021 by Anthonia Isichei at Blockchain

An article published on the World Economic Forum (WEF) website by a company executive, stated the benefits of blockchain, saying that the emerging technology could be the solution to mitigating corruption in government services. Blockchain Application for Public Procurement and Land Registry Matthew Van Niekerk, the co-founder and CEO of...

Hong Kong activists fighting media censorship via blockchain

Hong Kong Activists Deploy Blockchain to Fight Government Censorship

June 25, 2021 by Anthonia Isichei at Blockchain

With a government-led crackdown on freedom of speech and the press, activists in Hong Kong have sought to use the blockchain as a tool for circumventing censorship. The novel technology continues to be touted as being a viable means of decentralizing information flow. Apple Daily Secured on the Blockchain According...

PwC Report: China the World Blockchain Leader in "Three to Five Years"

China Taps Blockchain for Securing Electronic Delivery Platforms for Containers

June 17, 2021 by Anthonia Isichei at Blockchain

China’s blockchain adoption drive is set for another use case with the government looking to utilize the novel technology in improving security protocols for electronic delivering platforms tasked with managing imported containers. Several state agencies in the country have released detailed decentralized ledger technology (DLT) utilization plans even as China’s...

China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an

June 14, 2021 by Anthonia Isichei at News

As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong'an. Blockchain Technology for Salary Payments in...

Fantom bringing blockchain solutions to Uzbekistan

Fantom (FTM) to Collaborate with Uzbekistan to Modernize IT Infrastructure

June 10, 2021 by Anthonia Isichei at Altcoins

Fantom’s footprint across South and Central Asia is set for another milestone with the Directed Acrylic Graph (DAG) protocol set to make inroads into Uzbekistan. The decentralized ledger technology (DLT) protocol is looking to revamp critical areas of the Uzbek information technology (IT) matrix. DAG Solutions for Uzbek IT Infrastructure...

Air France Tests the ICC AOKpass COVID-19 Test Results Digitalisation Solution

Air France Set to Test Blockchain-based COVID-19 Test Verification Solution

February 24, 2021 by Anthonia Isichei at Blockchain

Air France, one of the largest airlines in the world is expanding its blockchain adoption in the wake of the ongoing coronavirus pandemic. COVID-19 has disrupted the global travel industry with stakeholders forced to come up with innovative ways of dealing with the effect of the virus on air travel....

European Commission Taps Wordline for Blockchain Social Media Project

February 17, 2021 by Anthonia Isichei at Blockchain

The European Commission has chosen Worldline, a major digital payment and transactions company based in France, for its blockchain project which aims at utilizing distributed ledger technology (DLT) to provide trustworthy content on social media. Wordline to Develop EC Blockchain Social Media Project Wordline announced the news via a press...

Emirates partners with GE Digital and TE Food to trial TrustOne

Emirates Trials Blockchain-Based Mobile App for COVID-19 Travel Requirements

February 2, 2021 by Anthonia Isichei at Blockchain

Emirates, a major airline based in the United Arab Emirates (UAE), is testing a blockchain mobile app developed by GE Digital Aviation to make it easier for passengers to adhere to COVID-19 travel requirements. Blockchain Solution Provides Easy COVID-19 Test Experience Emirates announced the news of the trial process via...

Blockchain Adoption on the Agenda as Deutsche Bank Leads $31M Axoni Series B

February 1, 2021 by Anthonia Isichei at Blockchain

Deutsche Bank has participated in a $31 million Series B add-on funding for blockchain startup Axoni which the bank says could have profound implications for the future of the capital market. The intersection of mainstream finance and the novel decentralized ledger technology (DLT) continues to expand with several participants creating...

European Payment Giant SIA Works on Blockchain-Based Credit Trading

January 28, 2021 by Anthonia Isichei at Blockchain

SIA, a major Italian payment company and a subsidiary of CDP Equity, has collaborated with fintech firm Wizkey to offer blockchain-based credit trading. Blockchain Technology for Credit Trading According to a press release on Tuesday (Jan. 26, 2021), SIA announced the launch of a new initiative in partnership with Wizkey...

Singapore Stock Exchange Taps Blockchain for Settlement Layer Infrastructure

January 23, 2021 by Anthonia Isichei at Blockchain

The Singapore Stock Exchange (SGX) has partnered with investment firm Temasek to explore the use of blockchain technology for the settling of asset trades. Temasek remains a prominent player in Singapore's expanding utilization of decentralized ledger technology (DLT) with several collaborations with both public and private establishments in the city-state....

Nevada Governor Includes Blockchain Technology Development in Economic Blueprint

January 21, 2021 by Anthonia Isichei at Blockchain

Nevada Governor is looking to develop a special zone in the state, which would promote the development of blockchain technology. Nevada Big on Blockchain Technology Adoption According to the Reno Gazette Journal on Monday (Jan.19, 2021) Steve Sisolak, Governor of Nevada in a State of the State address, outlined plans...

Vitalik Buterin Says Gold Is Lame as Ether (ETH) Storms Past $1k

January 4, 2021 by Wayne Jones at Ethereum

Top cryptocurrencies Bitcoin and Ethereum have had an explosive start to the New Year. BTC has rallied to a new all-time high above $34K while ETH just broke above the $1K psychological barrier and seems poised to climb higher. According to Ethereum founder Vitalik Buterin, cryptocurrencies will continue gaining popularity...

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