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Samsung-Backed DLT Firms Launch Blockchain Think Tank for MEASEA Region

Aergo and Blocko, two blockchain firms backed by both Samsung and Sequoia Capital, announced the launch of a regional think-tank intended to bolster the adoption of innovative technologies across the Middle East, African, and South East Asian (MEASEA) regions on April 27.The organization, Execution Intelligence Group (E24P) seeks to promote

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Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards

The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the latest, the government released an official notice stating that they have put together a technical committee of 15 organizations to devise national standards for blockchain and

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Gibraltar to Crack Down on Market Manipulation in DLT Sector

Gibraltar’s minister for digital and financial services, Albert Isola, has announced forthcoming regulations to reduce market manipulation among blockchain firms.In an interview with The Banker published April 10, Isola also discussed his government’s decision to abandon its development of a legislative apparatus for token sales amid the bursting of

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Block Lattice Architecture Or Blockchain? DLT or DAG? Europeans Rally on GDPR-Compliant, Open Source, Cross-Border Framework for Phone Application Development

ADVERTISEMENTS A team of close to 130 people from 17 institutes, organisations and companies in Europe is developing a technology that is intended as an alternative to privacy-invading tracking technologies used in some countries in Asia to combat the COVID-19. Top experts from multiple European nations are working on an open-source

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Interchain Data Hosting Project Combines Edge Computing With DLT

Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT).According to an announcement shared with Cointelegraph on April 9, Bluezelle will host a network stress test dubbed “Swarm of Duty” which will

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US Congressional Watchdog Quietly Reveals DLT Prototype Development

The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March.GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services for Congress.GAO to explore prototype applications for DLTThe two positions

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Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.CryptoX spoke

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China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance

China Ever­bright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial.Ant Financial, the financial arm of Chinese e-commerce giant, Alibaba, has partnered with CEB to collaboratively implement Duo Chain — a

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DLT Can Improve the Global Financial System

On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of Technology (MIT) Bitcoin Expo 2020.The panelists acknowledged that distributed ledger technologies (DLT) could improve the existing global monetary system, however, argued that significant challenges persist regarding

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Sweden’s Central Bank Finally Embraces DLT – But Only in Simulation Mode

Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best.Announced Thursday, Sveriges Riksbank’s e-krona pilot is the latest attempt at a central bank digital currency (CBDC) from an institution that for years fretted over basing any such project on

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