Wednesday, October 28, 2020
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South Korean government agency to use blockchain-based employee ID system

The Korea Internet & Security Agency, or KISA, is the first public entity of South Korea to implement a blockchain-powered employee ID system through a smartphone app starting October.According to Yonhap, the agency will also issue tokens called “KISA Coin” to reward KISA’s best employees, enabling them to purchase snacks,

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US Agency Says Chinese Drug Traffickers Used Bitcoin to Launder Proceeds

The U.S. Office of Foreign Assets Control (OFAC), a division of the Treasury Department, sanctioned four Chinese nationals for allegedly using cryptocurrency to launder proceeds from illicit drug transactions. In a press release Friday, OFAC announced that Songyan Ji, Longbao Zhang, Guifeng Cheng and Guangfu Zheng, as well as Global Biotechnology Inc.,

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How Bitmedia, an Ad Agency, Is Changing Crypto’s Flawed Advertising System

Although cryptocurrencies and blockchain technology have been gaining increasing popularity in 2020, there are still many restrictions when it comes to being discovered as a cryptocurrency business. Outreach is always complicated in nascent industries and even more so in crypto where traditional ad networks and other tools have banned the

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Italy’s Top News Agency Uses Blockchain to Fight Fake Coronavirus News

Amid the global pandemic crisis, the importance of ensuring trusted information is getting more crucial as fake coronavirus news poses a direct threat to life and health of people worldwide.While some global jurisdictions are imposing fines and imprisonment for spreading false coronavirus information, a major news agency in Italy

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Scottish Blockchain Company Hypervine Signs with European Space Agency Data To Improve Efficiency And Transparency For The World’s Mining Industry

Sharing is caring! Hypervine, the Glasgow-based start-up, has announced the start of a project, co-funded by the European Space Agency (ESA), to develop services which utilise space-based data to help extractive industries. Hypervine’s CEO and Founder, Paul Duddy stated: “Working with the European Space Agency is an incredible honour at such an

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European Space Agency Funds Blockchain Project Recording Satellite Data

While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space.The European Space Agency (ESA), a major intergovernmental organization dedicated to space exploration, is funding a new blockchain project aiming to boost the world’s mining industry.A known contributor

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Anti-Human Trafficking Agency Traces Crypto to Fight Modern-Day Slavery

Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to use crypto analytics to advance the organization's goal of combatting

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