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China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24.Blockchain adoption promotes innovationXi stressed that the implementation of integrated blockchain technologies is
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American multinational investment bank and financial services company, Bank of America, has silently tested Ripple’s blockchain to incorporate distributed ledger technology (DLT) in its banking and other financial services.This might be the boldest step towards blockchain adoption as Bank of America is one of the largest and most distinguished banks
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The next-generation, open-source blockchain for building decentralized applications- Æternity is collaborating with the Uruguay Digital Party to optimize the participation processes of the party members through the use of blockchain technology in internal voting. advertisement In an exclusive interview, CEO of Æternity Americas Pablo Coirolo told Blockchain News that Æternity protocol will
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Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services – a solution which addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines
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The University of St. Gallen in Switzerland is setting its sights on blockchain technology to fight fake diplomas, a type of fraud that has been on the rise globally in recent years.Degree certificationAccording to a CNN Money Switzerland interview from Sept. 19, the University of St. Gallen has announced
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Blockchain technology will most likely be standardized by 2021, according to American business and financial services company Moody's.Per the research report published on Sept. 5, these standards will probably be established in the blockchain industry by 2021 and will be positive for “future securitisations using the technology.” The company
Read MoreAn ICO spokesperson said: “We will be reviewing the judgment carefully. We welcome the court’s finding that the police use of Live Facial
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Enterprise Blockchain platform WORBLI has partnered with online content startup WordProof and now, via WORBLI’s platform, WordProof’s users are able to timestamp their content, enabling true ownership, trust and proof of content authenticity. advertisementWORBLI CEO and Co-founder Domenic Thomas mentioned:“With the recent impetus from blockchain technology, we now have the
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The California Consumer Privacy Act of 2018 (CCPA), which goes into effect on Jan. 1, 2020, has signaled a new push in the United States to strengthen and broaden privacy regulations, similar to the trends seen in the European Union through the passage and implementation of the General Data
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The financial industry has witnessed many disruptions and welcomed new technologies that have radically changed traditional processes. In today’s world of cryptocurrency and digital transactions, a new type of technology is steadily taking over – the blockchain technology. Blockchain has caused many disruptions, but what are the top blockchain disruptions? Blockchain
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