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India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).HPCL has partnered with the blockchain software firm Zupple Labs to integrate its blockchain-based digital credentialing technology into the purchase order system, the firms
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A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum (ETH) blockchain, with deep chain validation cited as a usability barrier of the network.Technology firm Herodotus has released its on-chain accumulator which uses storage proof cryptography, allowing users to
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Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said. Source
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Sergej Kunz, the co-founder of decentralized finance (DeFi) protocol 1inch Network, sat down with Cryptox reporter Joseph Hall at the Paris Blockchain Week 2023. The duo discussed various topics, including the limitations of investing for normal people, what mass adoption looks like and big companies jumping into the Web3 space. Starting
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Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of its proof of reserves (PoR). According to an announcement on Dec. 5, the verification will provide the exchange customers additional transparency and reporting on whether their in-scope assets are collateralized, along with details on main, trade, margin,
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Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX.Mazars, the accounting firm that worked for former United States President Donald Trump’s company, was appointed as an official auditor to conduct a “third party financial verification” as part
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The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development (MSBSD) goes against India’s crypto ban narrative
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Stephanie Hurder, a CryptoX columnist, is a founding economist at Prysm Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. She has a Ph.D. in Business Economics from Harvard. As the world prepares to return to work and school following
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Kadena, JPMorgan's foray into blockchain has been adapted and a new app created that can verify COVID-19 tests are not fake —
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Kadena, a blockchain project born out of a group of ex-JPMorgan bankers, has released a new app created that can verify COVID-19
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