Category: Blockchain Adoption

Swiss Government Starts Discussions on Local Blockchain Regulations

A new consultation process on blockchain laws is set to begin in Switzerland. Initiated by the country’s Federal Department of Finance, the operation is focused on initiating a blanket ordinance in the local blockchain and distributed ledger technology environment. For Better Laws In Blockchain Industry A number of parties, individuals, and other interested groups are […]

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Funding for Blockchain Companies up 79% in 2020

The cryptocurrency industry has no doubt been maturing over the past couple of years, especially after the parabolic market development in 2017. The underlying technology behind cryptocurrencies – blockchain (or distributed ledger) has become more appealing to a range of corporations for various reasons. CryptoPotato recently reported that the tech mogul IBM has partnered with […]

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Cryptocurrency Enforcement Framework announced by the US Department of Justice

The United States Department of Justice is focusing its attention on the crypto-verse and how to control that ecosystem. On October 8, 2020, the US Attorney General released a report talking about the dangers associated with the adoption of cryptocurrencies and the expectations of the DOJ in this regard. The “Cryptocurrency Enforcement Framework” is an […]

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Honda and GM Push an Electric Vehicle Charging Network Standard Using Blockchain

The Electric Vehicle Grid Integration (EVGI) Working Group of the Mobility Open Blockchain Initiative (MOBI) has developed and launched a global standard for the automotive industry integrating blockchain into a decentralized vehicle charging system.   The statement clarified that the standard will initially focus on three main use case areas: peer-to-peer (P2P) applications, tokenized carbon […]

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Billionaire Investor Tim Draper Funds Indian Cryptocurrency Exchange Unocoin

Unocoin is one of the earliest exchanges to enter the Indian cryptocurrency arena in 2013. And now the crypto trading platform has received funding from billionaire and bitcoin bull Tim Draper. The Series A round which raised $5 million was led by Draper Associates. 2020 Ventures and crypto-focused VC firm XBTO Ventures also participated in […]

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EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

Software and EOS developer Block.one announced the news of Google Cloud joining the community via a blog post published earlier today, on Oct. 6. According to the announcement, apart from joining the network, Google Cloud is also aiming to become a BP on the chain. The decision to allow Google Cloud to become a BP […]

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HSBC, Standard Chartered, BNP Paribas-Led Blockchain Contour Goes Live

Contour, the trade finance enterprise based on blockchain, has officially launched. The digital platform is set to deliver a global network and services for trading finance over a distributed ledger, uniting buyers, suppliers, and banks on its platform. Contour Goes Live Singapore-based Contour has officially announced its step forward, launching its trading network based on […]

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IBM and Bank of Thailand Launch World’s First Government Savings Bond on Blockchain

The central bank of Thailand has leveraged blockchain technology running on IBM Cloud to launch the world’s first DLT-based platform for government savings bonds.   Within the first two weeks of operations, the blockchain-based platform has issued a total of $1.6 billion of such bonds.    The announcement from the International Business Machines (IBM) Corporation […]

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Music On The Blockchain: RAC Issues A New ERC20 Ethereum Based Token

Music On The Blockchain: RAC Issues A New ERC20 Ethereum Based Token

Grammy award-winning music creator André Anjos is the latest artist to tap into the cryptocurrency space. Better known by his stage name RAC, Anjos has launched a new Ethereum based community token for artists. The token is also named RAC. With it, the music producer intends to free artists and content creators from the clutches […]

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