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US Congress Asks Financial Crime Director to Study Blockchain Tech

The United States House of Representatives has passed a bill that calls for the Financial Crimes Enforcement Network (FinCEN) to study blockchain technology in its fight against financial crime.On Sept. 19, the House passed the bill “Advancing Innovation to Assist Law Enforcement Act,” which requires the Director of the Financial

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Global Blockchain Tech Market to Surpass $16B by 2024

The global blockchain technology market is estimated to surpass $16 billion by 2024, according to a recent report from market research firm Global Market Insights, Inc.The reportIn a Sept. 20 press release, Global Market Insights provided highlights from its 180-page-long report entitled "Blockchain Technology Market By Providers (Infrastructure Provider,

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Malaysian Ministry of Education Fights Fake Degrees With Blockchain Tech

The Malaysian Ministry of Education has introduced E-Skrol, an application built on the NEM blockchain to deal with the issue of certificate fraud through the use of blockchain technology.In a Sept. 19 article by local news agency Bernama, the Ministry of Education in Malaysia announced that the previously introduced

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Tech Startup Nebula Genomics Launches Blockchain-Based DNA Sequencing

Tech startup Nebula Genomics is launching DNA sequencing using blockchain, which eliminates the need for customers to reveal personal information.Per a blog post published on Sept. 19, Nebula has rolled out anonymous genetic testing, enabling clients to purchase whole-genome sequencing and provide their saliva samples without the need to

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Element Zero Selected for Plug and Play’s Friday Pitch on Money Tech

ElementZero.Network, a not-for-profit organization, announced attendance in Plug and Play Tech Centers’ Friday Pitch Session for the investment team. Plug and Play Tech Centers’ investment team hosted 15 select startups from their ecosystem on Friday, September 6 at their Sunnyvale, California Event Center focusing on Money Tech, for instance, Fintech,

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Indian IT Giant Tech Mahindra to Launch Blockchain Finance Management

Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution.Telecommunications industry news outlet CommsMEA reported on Sept. 2 that the solution is the first of its kind. With this service, clients

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