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Ripple’s Larsen Says US Risks Losing Stewardship of Global Financial System to China, Disses SEC

Chris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.” See also: SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk-Avoidance: Peirce Source

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USPTO Grants Ripple Patent for Oracle-Based Smart Contracts System

The patent presents interesting use cases for data transactions between the Ripple ecosystem with the outside world. It also provides a new opportunity for Ripple to develop interesting smart contract apps for tangible and as intangible assets.On Friday, October 2, San Francisco-based blockchain startup Ripple Labs added yet another feather

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South Korean government agency to use blockchain-based employee ID system

The Korea Internet & Security Agency, or KISA, is the first public entity of South Korea to implement a blockchain-powered employee ID system through a smartphone app starting October.According to Yonhap, the agency will also issue tokens called “KISA Coin” to reward KISA’s best employees, enabling them to purchase snacks,

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Russia’s New Blockchain Voting System Isn’t Ready, but It’ll Be Used This Month Anyway

Russia’s new blockchain-based voting system needs more work before it can be used in nationwide elections, according to the nation’s Central Election Commission. While recent user tests were promising, the commission concluded improvements are still needed regarding how voters are identified, Russian newspaper Kommersant reported Tuesday. The e-voting system is

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Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’

Brian Brooks, the Acting Comptroller of the Currency and former head of Coinbase’s legal department, put forward blockchain as better than the United States’ current bank-dependent payments system.Decentralization for future paymentsOn July 29, Brooks spoke with Aaron Klein of the Brookings Institution, a major U.S. think tank. In answer to

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