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Blockchain Key to South Korea’s ‘New Deal’ Post-COVID 19 Economic Plan


Source: Adobe/Rochu_2008 How might governments try to drag their economies out of the mire when the coronavirus pandemic finally subsides? Many of those interested in peering into the future are looking to South Korea, where the powers-that-be are already outlining their post-pandemic economic...

Int’l Consortium Uses Blockchain to Conduct USD12m Wheat Trade Deal


American agriculture giant Cargill says it has teamed up with Singaporean and Dutch companies to conduct a pioneering, cross-continental wheat trade transaction worth USD 12 million – from North America to Southeast Asia on a blockchain platform. The deal involved Singapore-based agriculture...

Chinese Alcohol Producer Tokenizes National Tipple with Sina Corp Deal


Chinese internet giant Sina Corp and Sichuan-based liquor producer Wuliangye Yibin have announced they have struck a new strategic collaboration that will allow them to tokenize high-end baijiu, China’s most famous traditional alcoholic beverage. Per a state media report, liquor drinkers...

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic


The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

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