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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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Sony and Fujitsu Develop Blockchain Platform to Fight Fake Educational Qualifications

Japanese multinational conglomerate Sony and IT equipment services firm Fujitsu have created an encrypted database for educational proficiency documents, The Asahi Shimbun reports on Feb. 26.The database, which reportedly employs blockchain technology, is used to prevent forgeries of language proficiency documents, which some foreigners purportedly use to receive resident status

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Stanford Researchers Develop Privacy Mechanism for Ethereum Smart Contract

Researchers from the Stanford University and Visa Research have developed a privacy mechanism for Ethereum (ETH) smart contracts. A paper describing the mechanism was published on Stanford University’s Applied Cryptography Group website on Feb. 20.According to the paper, the researchers created “a fully-decentralized, confidential payment mechanism” called “Zether” that is

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South Korea’s Largest Telecom Company to Develop Local Crypto: Report

South Korea’s leading telecommunications company, KT Corporation, has been selected to develop a local cryptocurrency in the South Korean city of Gimpo, local media outlet ZDNet Korea reports on Feb. 14.The crypto — dubbed “K token” — will reportedly be introduced in April, after a pilot project is carried out

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Spanish City Gives $13 Mln to Develop ‘Industry 4.0’ Technologies, Including Blockchain

The government of the Spanish city of Aragon has allocated over 12 million euros ($13 million) for the development of “Industry 4.0,” which includes blockchain technology, artificial intelligence (AI), and other emerging technologies. The news was announced by local news outlet La Vanguardia on Feb. 12.The funds —  the amount

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