Wednesday, January 16, 2019
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Singaporean Government Backs International Blockchain Incubator LongHash

Singaporean Government Backs International Blockchain Incubator LongHash January 9, 2019 by Akshay Makadiya Global blockchain startup accelerator LongHash has launched an incubation program with the aim of turning early stage blockchain ideas into real-world working businesses. Backed by the Singaporean government, the program hopes to accelerate blockchain adoption in the country. Also

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New Remittances System to Tackle Crypto Volatility When International Payments Are Made

A Japanese fintech company has unveiled a system that is designed to address the price volatility seen when cryptocurrencies are used for remittances.Atom Solutions says that, at present, the options for foreign workers who need to make overseas remittances are imperfect. While costs can be high when they try to

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Four International Banks Complete Commercial Paper Transaction on R3’s Corda Platform

A group of international banks in partnership with enterprise blockchain software firm R3 have completed a live commercial paper transaction based on blockchain platform Corda, Finextra reported Dec. 6.The transaction was implemented on the Corda-based Euro Debt Solution application developed by R3, with German banking and financial services company Commerzbank,

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G20 Country Leaders Call for International Cryptocurrency Taxation

The G20 countries have called for the taxation of cryptocurrency, as well as its regulation to combat money laundering, Japanese news outlet reports Dec. 2.According to, the final text of a document jointly delivered by G20 leaders calls for “a taxation system for cross-border electronic payment services.”The article

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Blockchain Deployment Could Add $3 Trillion in International Trade by 2030

The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030.“Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and

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International Charity Oxfam Formally Launches Blockchain Rice Tracker in Cambodia

International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports.BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and purchasers in the Netherlands, has been under development and should expand to

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Spanish Telecoms Operator Partners With IBM to Manage International Calls With Blockchain

IBM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic, per a press release shred with Cointelegraph Nov. 14.Telefónica is the seventh largest telecom company in the world by market capitalization, valued at $51 billion according to Forbes. The company

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