Sunday, May 12, 2024
US Treasury Department says blockhain and cryptocurrency "could potentially help reduce fees, processing times, and operational risk for market participants.” A recent report emitted by the US Treasury Department, has called for more agile and appropriate regulatory policies for innovations...
An Australian bank successfully completes international shopping transactions using Ethereum-based tracking system. The Commonwealth Bank of Australia (CBA) announced on Monday the completion of an international shipment which used blockchain technology in order to track goods along the entire supply...
A recent Chinese study reaffirms that blockchain technology improves financial services. Blockchain technology will further improve the transparency of financial transactions, the flexibility of the system and automated processes. It will be very important in fields like payment and settlement. The...
Catalonia will use blockchain technology to improve digital services in its public administration Many countries are implementing blockchain technology at the government level. They seek to achieve a new model of "digital organization". Even the United Nations Children's Fund (UNICEF)...
To become a citizen of Antigua and Barbuda requires an investment of USD $100,000, and today you can pay that fee with approximately 12 Bitcoins. The Antigua and Barbuda Investment Citizenship Program Law was amended by the country's parliament allowing payments...
According to Samsung, smartphones are the safest way to store cryptocurrencies. Samsung Electronics, the smartphone manufacturing industry behemoth, recently commented through an official blog that cryptocurrency wallets based on mobile phones are the safest option for the short and medium...
Chechnya launches blockchain projects for municipal services and real estate. Authorities of the Russian bank Vneshekonombank (VEB), in partnership with the local government of the capital of the Chechen Republic, Grozny, recently announced the development of two blockchain-based projects,...
KT Corporation announces the creation of a blockchain network for AI, user authentication, IoT, and other usages. KT Corporation, one of the most influential South Korean telecommunication companies, recently announced the launch of a blockchain-based network in order to incorporate...
Google Cloud and Digital Asset team up to create a blockchain service for developers. Digital Asset, one of the world's fastest growing fintech companies, announced on Monday, their partnership with Google Cloud to provide blockchain services, software tools and...
Recently, JP Morgan Chase requested a patent for a blockchain registration system to manage digital assets. In the past few months more financial institutions have become interested in blockchain-based development, and the possible applications for their business practices. From small...