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World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform


A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system. Per Shupeidian, the Anhui Province branch of the SGCC...

Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success


Source: Adobe/Игорь Головнёв Japan’s Kansai Electric Power and crypto exchange DeCurret said that a recent “digital token”-powered, blockchain-based payment pilot was a success – and could be used for settlements in peer-to-peer (P2P) electricity transactions. Per a press release from DeCurret,...

South African Bitcoin Investment Company Faces Fresh Scam Allegations


FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...

Over 90% of ETH’s Supply Now in Profit


More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level...

How a South Korean Crypto Firm Became a Global Face Mask Exporter


A “medium-sized” South Korean crypto firm that built a facial mask factory as a response to the coronavirus pandemic has doubled down on its new line of business – and has won Amazon approval to start exporting its personal protective equipment to “Europe and the United States,” as well as approval...

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