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Georgian Gov’t, IOHK Partner to Develop Blockchain in Education, Ministry Services

The government of Georgia has signed a memorandum of understanding (MoU) with blockchain technology firm Input Output Hong Kong (IOHK) to implement blockchain-enabled projects across business, education and government services. The news was revealed in a press release shared with Cointelegraph on June 17.The MoU has been signed between

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Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services

The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7.Herman Gref, Sberbank CEO and a former minister of economics and trade of Russia, claimed that the bank has never had any ambitious plans

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Austin Transportation Partners With Iota Foundation to Develop Interoperability Ecosystem

The government transportation department in the city of Austin, Texas partnered with nonprofit Iota Foundation to develop a more interoperable transportation ecosystem. The Austin Transportation Twitter account reported on the partnership on April 25.The tweet contained a link to an event — which took place on April 29 —

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British Virgin Islands, Blockchain Firm Develop Crypto Payments System for Emergency Aid

The British Virgin Islands — a United Kingdom Overseas Territory in the Carribean — has partnered with blockchain firm Lifelabs.io to launch an alternative crypto-enabled payments infrastructure for residents across its network of islands. The development was reported in a BVI government press release on April 18.The partnership notably

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US Researchers Develop Blockchain Protocol to Fight Counterfeit Pharmaceuticals

Portland State University (PSU) researchers have made a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market, according to a press release published on April 15.PSU researcher and professor of computer science at the Maseeh College of Engineering and Computer Science, Nirupama Bulusu, in collaboration with PSU computer

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Princeton Expertise-Backed Startup Raises $3.7 Mln to Develop Smart Contract Scalability

Offchain Labs, a blockchain startup co-founded by a professor at Princeton University, has raised $3.7 million in a seed round led by crypto hedge fund Pantera Capital, TechCrunch reports on April 3.The new funding round was also supported by Compound VC, Raphael Ouzan of Blocknation, Jake Seid, managing director

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US SEC Seeks Crypto Specialist Attorney Advisor to Develop Plan for Crypto Securities

The United States Securities and Exchange Commission (SEC) is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets (TM). The new job listing was posted on March 29 to the official government employment portal, USAJobs.The successful candidate will reportedly be tasked with establishing

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Russia’s Richest Man Set to Develop a Palladium-backed Cryptocurrency

Photo: Wikimedia CommonsWhile Russia has been struggling to introduce crypto regulations, the country’s richest man has come forward with a new proposal. Vladimir Potanin, the Russian billionaire has proposed to launch new crypto tokens pegged to the precious metal of palladium.The concept of stablecoins i.e. a crypto token backed

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IBM, CUSO CULedger Partner to Develop Blockchain Solutions for Global Credit Unions

Tech giant IBM is partnering with blockchain consortium and credit union service organization (CUSO) CULedger to develop new blockchain-based solutions for the credit union industry. The development was announced in a press release shared with Cointelegraph on March 11.IBM and CULedger will reportedly jointly pioneer solutions using permissioned blockchain

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Coinbase Hires Amazon Web Services Veteran to Develop Staking Solutions

Major United States crypto exchange and wallet service provider Coinbase has reportedly hired a veteran of Amazon Web Services to develop staking and governance solutions for its crypto custodial services. The news was reported by The Block on March 4.Citing an alleged internal memo, the report claims that Luke

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