Cryptocurrency Analysis and News Portal
Though the world had seen advancements in the field of blockchain-based networks, Bitcoin was the first practical application of the technology that worked as intended. The first cryptocurrency introduced a decentralized, peer-to-peer, and trustless digital payment system that promised privacy, security, and transparency. However, as the industry matured, it was
Read More
Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education.Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain collaboration in the Asia Pacific, Business Times reports.Initiated by Blockchain Association Singapore, or
Read More
Six blockchain organizations in the Asia Pacific signed a memorandum of understanding (MOU) today to collaborate on advocacy and public education in blockchain. It is the first formal agreement among the different blockchain organizations across ASEAN and Australia, said Chia Hock Lai, co-chairman of the Blockchain Association Singapore, in an interview
Read More
South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services.According to the Korea Herald on June 10, the bank signed a memorandum of understanding with law firm Bae, Kim and Lee, and blockchain developer,
Read More
The Offshore Operators Committee, a nonprofit organization focused on offshore energy, has found a blockchain management system reduces costs and time for transporting wastewater. The (OOC)’s Oil and Gas Blockchain Consortium has completed its first pilot of a produced water haulage management system using blockchain technology. The pilot, the first industry-wide
Read More
Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital.While the entities have yet to detail the specific projects they’ll work together on, a press release announced that the partnership will involve exploring blockchain applications within the context of banking and financial services.Anquan Capital
Read More
A group of Dutch software engineers and blockchain privacy advocates at the Dutch DigiByte Blockchain Foundation have come together to build an app for contact tracing
Read More
Ant Financial — the Chinese fintech company formerly known as Alipay— has launched a new consortium blockchain platform called OpenChain.According to an announcement on April 16, the platform would allow developers and small and micro enterprises to utilize innovative blockchain tools. They can now explore the technology further and
Read More
In a rare interview, London-based insurance firm Arch says a sizable but containable loss would demonstrate how well its $150M crypto storage policy would react. Only a handful of cold storage crypto policies have been written at this time; high net worth individuals are the main driver for
Read More
Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster. One patent aims to reduce the time to verify block data, while the other is designed to help participants set a validity period for a transaction in a blockchain network. Both of the
Read More