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Chinese President Xi Jinping Vows to Accelerate Blockchain Technology Innovation in China

During the 18th collective study of the Political Bureau of the Central Committee, Chinese President Xi Jinping stated the importance of blockchain as a technological breakthrough and pushed for independent innovation of blockchain core technologies. The plan is for China to accelerate the development of blockchain technology, according to a

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China’s Xi Jinping Urges Accelerated Blockchain Technology Adoption

China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24.Blockchain adoption promotes innovationXi stressed that the implementation of integrated blockchain technologies is

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US Congressman Patrick McHenry Wants “Yes” Legislation for Crypto and Blockchain

US Congressman Patrick McHenry is introducing (again) the Financial Services Innovation Act (2019), which first saw light in 2016. If passed, this would require the federal regulators to create Financial Services Innovation Offices (FSIOs) within their agencies. These will act as spots for permanent beta testing in which entrepreneurs can

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ING Bank Proposes Security and Privacy Trade-Off for Corda Blockchain

ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain.On Oct. 23, ING’s distributed ledger technology team presented its white paper, called “Solutions for the Corda security and privacy trade-off: having your cake and eating it,”

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Over 40% of Blockchain Industry Employees Work at Crypto Exchanges

Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals.The Block published the research results on Oct. 23, stating that 42% of people at 158 analyzed companies work for digital currency exchanges, with around 7,700 people

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