Sunday, September 27, 2020
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UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers.According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, together with a token-based scheme that

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Stolen cryptocurrency; three Bulgarians behind bars on suspicions stealing crypto

Local news outlets report that police in Bulgaria are in possession of stolen cryptocurrency. Particularly, police seized three individuals who are facing criminal charges after fraudulently acquiring over $3 million (5M lev) in cryptocurrency. A statement from the prosecutor’s office said: “The Specialized Prosecutor’s Office and the GOCB have neutralized an

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JP Morgan’s Ethereum-Based Quorum Blockchain Will Tokenise Gold Bars

US banking giant JPMorgan Chase Bank’s blockchain, Quorum, will be used to “tokenize” gold bars. Quorum is the enterprise version of the Ethereum blockchain, developed by JPMorgan Chase, will ensure users operate smart contracts while using pre-programmed rules to automate them. The ethereum-based blockchain will afford sustainable miners the opportunity of

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