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Big Blockchain, Crypto Firsts: Shipment Succeeds, UK Hedge Fund OKed


Blockchain and cryptocurrency industries just had their two important firsts: a blockchain-powered shipment from South Korea to the Netherlands has been successfully completed, while the first crypto hedge fund has won approval from UK authorities. The shipment – made from a port in South Korea...

Samsung, LG and SK Begin ‘Summer Blockchain War’


South Korean business conglomerates Samsung, LG and SK are set to begin offering a range of blockchain technology-powered products and services this summer – as they attempt to become the leaders in what could become a very competitive market in the country. Per Fn News, the “Blockchain summer war”...

South Korean Gaming Companies 'Investing Heavily' in Blockchain Titles


South Korean IT and gaming companies are racing to release blockchain game titles – and experts say this could lead to a new wave of interest in cryptocurrencies in the country. Per a report from Fn News, Dunamu – the operator of the Upbit cryptocurrency platform, which fosters its global expansion...

Kakao Blockchain Platform Unveils ‘USD 65bn’ Governance Council List


South Korean companies – and the country’s government – are continuing to put their faith in the growth of blockchain technology. The mainnet of Kakao Group’s blockchain platform Klaytn went live on June 27, in conjunction with 34 partner companies. Per New Daily, Ground X, the Kakao subsidiary...

US Companies Dominate Blockchain Patents Top 10


Nine American companies are among the world’s top 10 blockchain patent acquirers, as big businesses and startups from the United States look to make advances in the technology underpinning most cryptocurrencies. According to a survey of a total of 11,134 blockchain patents from German IP analyst...

Visa Launches Long-awaited Blockchain Product for Business Clients


Payment card giant Visa launched their long anticipated international digital identity system based on blockchain architecture, Visa B2B Connect today. The company claims it will allow financial institutions to quickly process high-value corporate cross-border payments globally. According to...

McKinsey Finds Three Blockchain Use Cases in Retail Banking


While it’s understandable to be wary of new and untested territories, “there are a number of areas where [blockchain] could create value for retail banks,” according to major consulting firm McKinsey and Company. In the June 2019 article they claim that while retail banks have been quick to adopt...

Ex-CEO of Mt. Gox, Mark Karpeles Starting a New Blockchain Business


Mark Karpeles. Source: a video screenshot, Youtube, whatbitcoindid Mark Karpeles, the founder of the infamous, fallen Bitcoin exchange Mt. Gox is allegedly starting a new blockchain business in Japan. This was reportedly told by Karpeles himself in the comments to the press attending a news...

Researcher Makes Blockchain Warning, But Companies Loathe to Slow Down


Blockchain adoption continues apace, but a report from researcher Gartner claims that 90% of already-implemented business blockchain platform solutions “will require replacement within 18 months to remain competitive, secure and avoid obsolescence.” The researcher believes that the sector will...

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