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South Korea to Fund Blockchain-powered Platform for Apartment Dwellers
16.9.2020
The South Korean government has pledged USD 1.27m in funding for a contact-free, blockchain-based services platform for apartment residents in the country – which operators say will allow residents to take part in electronic voting, manage parking spaces, and more.
Per ZDNet Korea, the South Korean...
Korean Business Heavyweights Team up for Blockchain Insurance Project
16.9.2020
The Hyundai sign on a car. Two of South Korea’s biggest conglomerates will team up to create a blockchain-based insurance offering. The deal will see the Lotte Group’s insurance arm, Lotte Insurance, join forces with the Hyundai Group’s blockchain and crypto subsidiary Hdac for an unprecedented...
Devs Criticize Russian Blockchain Elections, Gov’t Claims ‘No Hitches’
14.9.2020
The Russian elections commission said that the blockchain-powered mobile voting platform used in two by-elections yesterday voting was a success – but experts in the country appear to disagree with the Kremlin about the kind of technology the system should use.
Per Kommersant, the Minister...
Shanghai Issues Draft Blockchain Standards, National Effort to Follow
11.9.2020
Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom.
According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...
Standard Chartered Picks Ant, not Ripple, for New Remittance Service
10.9.2020
Source: Adobe/Игорь Головнёв
British bank Standard Chartered has teamed up with mobile financial service firm bKash and Malaysian digital remittance provider Valyou to launch the first blockchain-based cross-border remittance service in Bangladesh – choosing Chinese giant Ant Group as its tech...
Chinese Tech Giants to ‘Do Battle’ for Blockchain Talent + More News
9.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
A Chinese blockchain talent acquisition battle has begun, with heavyweight tech giants like Tencent, Baidu and Alibaba in direct...
Blockchain Adoption Lacks Evidence, Firms Use It For Non-Existing Problems - Report
9.9.2020
Blockchain is used by a number of companies that do not have clearly defined problems they claim to have solved with the novel technology, according to a recent report. It concluded that nearly half of the examined companies showed no evidence of a problem solved.
The Centre for Evidence-Based...
China Unveils Inaugural Blockchain City Rankings
9.9.2020
Beijing is officially China’s top blockchain city, per official rankings, but second city Shanghai placed third behind Shenzhen, the nation’s fastest-growing blockchain hub.
These were the findings of a special session at the China International Fair for Trade in Services, the first large-scale...
Japanese Companies Team up for Blockchain-based Media Collaboration
9.9.2020
A number of leading Japanese media firms have joined forces with blockchain technology specialists to create a blockchain-powered digital content distribution ecosystem.
Named the Japan Contents Blockchain Initiative (JCBI), the consortium was formed earlier this year with an initial seven founding...
Blockchain ID ‘War’ in the Offing as S Korean Giants Prepare Rollouts
8.9.2020
South Koreans are likely to completely do away with plastic ID, social security and driver’s license cards in favor of blockchain technology-powered digital alternatives, per a new report – with some of the biggest companies in the land vying for a stake in the market.
Per Fn News, SK Telecom,...
Why Are Chinese Banks so Keen to Lodge Blockchain Patents?
5.9.2020
Chinese banks are becoming increasingly keen on registering blockchain-related patents – and experts said they believe that financial institutions are developing core technology that will see them build new business models in the years ahead.
Per media outlet Mars Finance, state-owned commercial...
Vale Makes Blockchain-powered Iron Deal with Chinese Firm + More News
4.9.2020
Iron ore. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Brazilian mining giant Vale has completed its first blockchain-powered iron ore sale to Chinese steel giant Nanjing Iron...
SBI Plans Blockchain-based Digital Securities Exchange Launch
4.9.2020
Yoshitaka Kitao. Japanese financial giant SBI Holdings has announced plans to launch blockchain technology-powered digital securities exchanges.
Per Nikkei, the plan is the brainchild of SBI’s chief executive Yoshitaka Kitao. The CEO is also the head of Japan’s largest and fastest-growing...
Asian Search Engine & Chat App Giants to Use Blockchain-based IDs + More News
3.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
South Korean internet giants Naver and Kakao will begin accepting blockchain-powered digital driver’s licenses as a form of ID...
Shanghai Initiates Blockchain-powered 'Cultural Tourism'
3.9.2020
Shanghai’s busy central Jing’an District will make use of a WeChat platform to issue blockchain-powered “cultural tourism” vouchers that can be redeemed for book purchases, streaming services, cinema tickets and more.
Per China Email, the vouchers will be distributed on a WeChat widget platform...
This Government Agency to Issue Staff with Blockchain IDs, Reward Tokens
3.9.2020
Blockchain-powered employee authentication is taking off in South Korea – with a government agency doing away with smart cards in favor of smartphone-based solutions. The agency will also issue its employees with blockchain-powered “reward” tokens.
Per news agency Yonhap, the Korea Internet &...
Tencent to Work With Taxman on Blockchain Solutions + More News
2.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Chinese tech and entertainment giant Tencent and the Shenzhen tax authority have signed a deal that will see them co-develop...
Beijing Telecoms Provider Latest Company to Join Digital Yuan Pilot
2.9.2020
Another private sector firm has stated that it is working with the Chinese central bank on its fast-expanding digital yuan pilots.
Per Shanghai Securities News, a Beijing-based telecom provider named Shenzhen Techo Telecom admitted that it was working on the project, known in China as the Digital...
Unstaffed South Korean Stores to Use Blockchain ID Authentication
1.9.2020
New unstaffed convenience stores in South Korea will make use of blockchain-powered ID solutions – after major domestic blockchain firm Coinplug sealed a deal with a retail operator HP Retail and security provider Cubox.
Per iNews24, the firms will make use of Coinplug’s MyKeepin platform, lauched...
5 Chinese Banks to Build Blockchain-powered Trade Platform + More News
31.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
The China Banking Association (CBA), a self-regulating organization that represents China's banking sector, will team up with...