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Shenzhen Stock Exchange Could Follow Shanghai after Blockchain Move
1.10.2020
The Shenzhen Stock Exchange Square. The Shenzhen Stock Exchange has become the latest major exchange to indicate that it is ready to begin blockchain-powered trading – after “re-developing and building” a blockchain-based equity registration and custody platform for Beijing’s regional equities...
Ripple Decarbonizes, Novogratz Warns Banks Over DeFi, Salty SEC + More News
30.9.2020
Source: Adobe/only_kim
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
Ripple said that it is committing to be carbon net-zero by 2030 and, in partnership with Energy...
Shanghai Stock Exchange, Regulator to Begin Blockchain Trading Pilot
30.9.2020
Shanghai. Source: Adobe/安琦 王
The Shanghai Stock Exchange, one of the biggest exchanges in the country, will conduct a pilot for a new blockchain-powered trading platform in conjunction with the regulatory China Securities Regulatory Commission (CSRC).
According to Shanghai Securities News,...
South Korean Bank NH Launches Blockchain-powered Document Wallet
29.9.2020
South Korean financial services provider Nonghyup (NH Bank) has begun issuing over a dozen forms of digital certificates using a blockchain-powered system and an e-wallet that will be able to hold hundreds of types of blockchain-verified forms of authentication.
Per the Electronic Times, the bank’s...
Ants Accelerate – Alibaba’s Blockchain Arm Goes into Overdrive
25.9.2020
Ant Group, the blockchain and e-pay subsidiary of Chinese tech giant Alibaba, is accelerating its business operations with the launch of a new cross-border trade blockchain platform, stepping up its bid to go public – and has sealed a key deal with the busiest container port on the planet.
Ant...
NFT Issues Freeze South Korean Gaming Regulator into Inaction
25.9.2020
The debate about blockchain gaming, non-fungible tokens (NFTs) and regulation continues to rumble on in South Korea – with the nation’s gaming commission speaking out about its reasoning for long delays in issuing ratings to blockchain game developers.
As previously reported, video game developer...
Visa Mulls Interoperation With Blockchain as It Evolves Into 'Network of Networks'
24.9.2020
Payment card giant Visa sees a use case for a blockchain network in its strategy and talks of a "big opportunity" in central bank digital currencies (CBDCs), according to two executives at the company.
Visa is evolving into a "network of networks," meaning that it aims...
A Chinese Gold Refinery Is Making ‘Blockchain Gold Bars’ on BSN
24.9.2020
Gold is being traded on a blockchain network in China in an effort to legitimize the industry for domestic and overseas regulators – and a senior executive at one of the country’s biggest banks said that commodities like gold could soon be “digitized” and “circulated.”
Per Sichuan Online, the city...
This Chinese SME Outranks PayPal in the World for Blockchain Patents
23.9.2020
Chongqing, a municipality at the confluence of the Yangtze and Jialing rivers in southwestern China. Why is a relatively small Chinese loans-providing startup ranked #66 in the world for blockchain patent issuance, above the likes of PayPal?
Earlier this year, reported Chonqing Daily, data provider...
Blockchain Gaming Hits Another NFT-related Hitch in South Korea
22.9.2020
Source: Twitter/@SkypeopleMaster
Blockchain, gaming and crypto advocates are bracing for the worst after the South Korean video game censor issued an ominous delay for ratings on another blockchain gaming title – over apparent non-fungible token (NFT)-related concerns.
Per iNews24, the regulatory...
Kakao Talks up DeFi, Wants to Build ‘Digital Asset Trading Ecosystem’
22.9.2020
The logo of the KakaoTalk chat app. One of South Korea’s biggest tech companies has spoken out about its desire to build an ecosystem for “trading” what it termed “digital assets” and has spoken about DeFi (decentralized finance) in glowing terms – at a forum hosted by a central government-run...
Alibaba Accelerates in Blockchain Patent Race + More News
17.9.2020
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
More blockchain-related patents were published in the first half of 2020 than in all of 2019, a year that had already seen 3 times...
From USD 150k to 30m: How MicroStrategy CEO Sold Voice.com To Block.One
17.9.2020
Block.one CTO Dan Larimer during the announcement of Voice in June 2019. Prior to buying a total of BTC 38,250 for a grand total of USD 425 million, Michael J. Saylor, the CEO of MicroStrategy, an American software company, sold the Voice.com domain to the developers of Voice decentralized social...
60% of Firms in Blockchain Sandbox City Don’t Know What Blockchain Is
17.9.2020
The Gwangandaegyo or Diamond Bridge in Busan, South Korea. Just a year ago, Busan, the second biggest city in South Korea, was celebrating after it was granted the nation’s first blockchain regulatory sandbox status – with grand plans afoot for implementing tokenized business plans...
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...