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South Korean Blockchain Startup Raises $8M for Identity Authentication

Blockchain company Iconloop has secured 10 billion Korean won (KRW) (over $8 million) from seven investment companies participating in a Series A funding round.Per an Oct. 10 announcement, it was Iconloop’s first venture capital investment since its establishment in 2016, with the participation of companies such as Korea Technology

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Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain

Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token.The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a

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Programming Languages Used in Blockchain, Explained

1.Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows and skills

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Liechtenstein Passes the Blockchain Act to Boost its Crypto Economy

Liechtenstein’s Parliament has approved the “Blockchain Act,” which aims to set a comprehensive regulatory framework to enhance the nation’s crypto economy. One of Europe’s smallest but richest nations, Liechtenstein, passed the “Token and Trustworthy Technology Service Providers Act” (TVTG in German) act which will come into action from January 1,

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South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes.As local news outlet Korea JoongAng Daily reported on Oct. 7, the institution said blockchain technology could offer a multitude of benefits to the financial industry, including the issuance of digital tokens, funding,

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Sacramento Kings Launches Blockchain Token for Its Predictive Gaming App

The Sacramento Kings NBA basketball team is launching a blockchain-powered rewards program within its gaming app.Partnership with BlockpartyThe Sacramento Kings partnered with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game Call the Shot, the team officially announced on Oct. 7. According to the

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