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BIS Report: CBDCs Are on the Way, But They Won’t Replace Cash
25.8.2020
Soure: Adobe/syahrir
The Bank for International Settlements (BIS) has talked up central bank digital currencies (CBDCs) again, but insists that state-issued tokens would not make cash obsolete – and will instead work alongside fiat.
These were the findings of a new paper entitled “Rise of...
Samsung to Link its Crypto Wallet to SK’s Blockchain-powered ID App
25.8.2020
Source: Adobe/S_E
Samsung smartphones equipped with the Blockchain Keystore crypto wallet function will be able to support the world’s first decentralized ID (DID) solution, after the handset maker struck a deal with South Korean telecoms firm SK Telecom.
The partnership means that users in South...
Japanese Government Urges Blockchain ‘Cooperation’ + More News
24.8.2020
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
The Japanese finance minister and deputy prime minister Taro Aso has addressed the country’s blockchain industry, asking for...
What Will Students Learn at China’s First Blockchain Undergrad Course?
24.8.2020
Blockchain-related subject matters are no stranger to the classroom, with courses now available all over the world, but China is on the verge of an educational first – with a batch of students set to begin their studies at the nation’s first blockchain engineering undergraduate course. So what will...
Huawei Working with Beijing on Blockchain Governance Platform
24.8.2020
Chinese tech giant Huawei may be under fire from governments in the United States and Europe, but appears to be pursuing new, blockchain-powered business avenues in its home country.
Per Jintai News, the firm’s Huawei Cloud arm has joined forces with the Beijing Municipal Government to co-create...
Japan: Demographic Shift Sees Younger Folk Flock to Crypto + More News
21.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Japanese crypto exchange bitFlyer has reported that there has been a shift in the demographic of its user base, with more people...
'Largest Collaboration of Crypto Artists in History' is Set for Launch
21.8.2020
A major art collaboration between a number of crypto digital artists and a plot in Ethereum (ETH)-powered virtual reality world Cryptovoxels, called Pranksyland, is set to go live on August 25.
Game designer Pranksy bought a plot in the Cryptovoxel virtual world, and will now make it a gallery...
Colombian Tech Ministry Wants to Boost Crypto Progress + More News
20.8.2020
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Adoption news
The Colombian Ministry of Technology has spoken out in favor of blockchain and crypto innovation for the public sector. In anofficial...
Beijing Makes Digital Yuan Pilot Expansion Plan U-turn
20.8.2020
The Chinese government has indicated that it may not decide to expand the scale of its digital yuan launch after all – just days after it revealed details of a massive expansion encompassing some of the most affluent parts of the country.
As previously reported on Cryptonews.com, the nation’s...
Experts: North Korean ‘Tech Has Scaled Up’ After US Makes Hack Claims
19.8.2020
North Korea’s “fast-developing tech abilities” could be helping it scale up its raids on financial sector targets like international crypto exchanges, say South Korean observers. Experts have spoken out after a report from the American armed forces concluded that several thousands of North Korean...
More Football Crypto as Japanese League Goes Blockchain + More News
18.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Blockchain-powered fantasy football platform Sorare says it will launch a complete set of J-League – Japanese top-flight professional...
Chinese State-owned Banks Issue Flurry of Blockchain Patents
18.8.2020
Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot.
Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...
US Postal Service Bets on Ethereum Blockchain in Patented Voting System
18.8.2020
As the U.S. is gearing towards the November 3 presidential election, it seems that the U.S. Postal Service (USPS) might be preparing to integrate blockchain within its operations to provide a reliable mail-in voting system to voters across the country. Last week, the service filed a patent...
Chinese Steelmakers Using Blockchain to Break Dollar Dependence
18.8.2020
Chinese firms could look to end their dollar dependence in international trade deals using blockchain technology – with the nation’s steel industry looking to purchase raw materials in Chinese fiat RMB rather than the American greenback.
Per a report from China Economic Net, an increasing number...
Block.one's Voice Beta Goes Live + More News
17.8.2020
Here is 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
Block.one's social media site, Voice, is almost ready to go live, as its beta program opens its doors to the friends and family...
LG CNS Blockchain-powered Sales Up 12%, More Projects Planned for H2
17.8.2020
Industry 4.0 and blockchain technology-related sales have helped boost the sales performance of LG CNS, the IT services arm of the LG Group – despite an overall drop in profits caused in part by the coronavirus pandemic.
Per media outlet Seoul Kyungjae, LG CNS reported a drop in sales of over...
Filecoin, IoTeX & IPFS Bringing Decentralized Updates for Surveillance Cams
13.8.2020
Ucam. A new trio has been formed to work on the decentralization of the Internet of Things (IoT) - starting with updates for a surveillance camera.
The partners-in-decentralization are privacy-focused blockchain platform for IoT, IoTeX, a protocol and peer-to-peer network for storing and sharing...
A Million South Koreans Now Using Blockchain-powered Driver’s Licenses
13.8.2020
Over 1 million South Koreans have traded in their plastic driver’s licenses in favor of a blockchain-powered, police-issued smartphone-based digital alternative.
Per Daily Kyungjae, the initiative allows drivers to identify themselves to police using barcodes or QR codes, as well as...
World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform
13.8.2020
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...
Blockchain Alchemy For All; BitPay Gets Closer To Coinbase + More News
11.8.2020
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
Blockchain developer platform Alchemy said it has ended its closed beta and is now available for all developers to use....