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Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech

Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air

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India’s Crypto Industry Still Threatened by Ban as Pending Bill Looms

A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill" from 2019, Business Insider reported on March 7.If passed, the bill will introduce unique regulatory frameworks for virtual currencies, utility

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US Treasury Meets With Crypto Leaders to Discuss Industry Challenges

The United States Department of the Treasury met with prominent figures from the cryptocurrency space to discuss regulatory challenges.The Treasury announced on Mar. 2 that it along with industry thought leaders and compliance experts discussed the supervision of crypto assets.Secretary of the Treasury Steven Mnuchin said that the U.S.

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Scottish Blockchain Company Hypervine Signs with European Space Agency Data To Improve Efficiency And Transparency For The World’s Mining Industry

Sharing is caring! Hypervine, the Glasgow-based start-up, has announced the start of a project, co-funded by the European Space Agency (ESA), to develop services which utilise space-based data to help extractive industries. Hypervine’s CEO and Founder, Paul Duddy stated: “Working with the European Space Agency is an incredible honour at such an

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Crypto Industry Lauds Token Safe Harbor, But Warns of Risks

SEC Commissioner Hester Peirce wants to give token projects three years to adequately decentralize their networks before worrying about securities laws. Industry participants believe some kind of so-called “safe harbor” is necessary, and praise Peirce’s proposal for providing a reasonable plan for creating one. Questions remain, including how to define

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ASX Sees Industry Benefits Arising From Blockchain Upgrade As July Tests Approach

The chief of the Australian Securities Exchange (ASX) has said the company's approaching shift to blockchain tech could bring opportunities to the wider securities industry. In a results call for H1 2020 Thursday, reported by ZDNet, ASX CEO Dominic Stevens said: "We're very excited about the long term

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