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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...
'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News
28.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Business news
Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...
Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert
28.8.2020
China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate...
China Has 44,000 Blockchain Firms but Faces a Big Tech Talent Deficit
28.8.2020
China’s huge blockchain push means that there are now a staggering 44,000 firms in the country dedicated to the technology – after central and province-level drives to create a network of blockchain hubs that encompasses much of the nation.
However, there are also signs that the rate of expansion...
China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News
27.8.2020
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
Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...
US Democrats Want Info on Confiscated Crypto, Bakkt's Record + More News
26.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
US congressmen Josh Gottheimer and Emanuel Cleaver, both from the Democratic party, have requested the Trump administration...
ConsenSys Acquires Enterprise Blockchain Quorum From JPMorgan
25.8.2020
Source: Adobe/William (edited by Cryptonews.com)
ConsenSys, a major Ethereum (ETH) and blockchain software company, has today announced the acquisition of Quorum, an enterprise blockchain unit developed by the U.S. investment banking giant JPMorgan Chase, the company said in a press release shared...