Blockchain
* ₿. In collaboration with CargoSmart and China’s Shanghai Port Group, Tesla is aiming at transforming the goods importation process in China using a new blockchain application. * ₿. The companies aim at making the whole clearing process both cost and time effective. US electric car manufacturer - Tesla has partnered the Shanghai
Education & News
The Bank of Korea (BOK), the country's central bank has launched a pilot program for testing its national CBDC - the Digital Won. Announced this week, the BOK says the program is set to run for 22-months till December 2021, and is aimed at evaluating technical and legal
Bitcoin
Microsoft subsidiary - Github has revealed details of its "Archive program," a project that aims to preserve open source technologies; with the aim to keep these software for future generations to learn about the culture of today. The Github Archive Program is set to encode a snapshot of
Education & News
The Bank of France (BDF) is officially launching a program of experiments to test the use of a central bank digital currency (CBDC) for inter-bank settlements. According to a document dated March 30, France's central bank is inviting applications from potential participants to experiment the feasibility of integrating
Education & News
Blockchain software technology company, Consensys is partnering with Hitachi solutions to sell ethereum-focused blockchain software technology product, PegaSys Plus. The sales operations will commence on April 1. Hitachi Will Sell Ethereum Product from April 1 PegaSys Plus is an Ethereum client built on Hyperledger Besu which provides additional enterprise features
Blockchain
The World Health Organization (WHO) has announced partnership with major blockchain and tech companies - IBM, Oracle, Hacera, and Microsoft to launch a distributed ledger technology (DLT) platform for sharing data concerning the coronavirus pandemic. The new platform dubbed "MiPasa", is developed on the Hyperledger Fabric, and seeks
Blockchain
KB Kookmin, the largest bank in South Korea is set to launch a cryptocurrency custody service which would involve assets such as Bitcoin (BTC) and Ethereum (ETH). This was confirmed according to a trademark application filed by the bank with the Korean Intellectual Property Office. The filing titled "KBDAC&
Education & News
Santander and Ripple are launching a blockchain-powered payment service in Mexico which could increase the on-demand liquidity for the digital currency. Santander and Ripple Take on Mexico Santander, with $1.74 trillion in assets under management, is planning to launch its Ripple-powered application in Mexico. One Pay FX is set
Education & News
The Bank of China expressed disapproval of cryptocurrency trading activities through its official WeChat account. China Central Bank Cites Market Manipulation on We Chat In a post on WeChat, the bank makes mention of market manipulation, which it suggests exists in exchanges where leveraged trading causes them to “explode” According
Education & News
Ripple's lawsuit woes continue to present obstacles to the digital currency firm as its CEO gets accused of selling 67,000,000 XRP while promoting the asset. Sues for Selling XRP and False Statements The action is said to arise out of a scheme by the defendants to
Education & News
Microsoft reveals the details of its cryptocurrency patent called, “Cryptocurrency System Using Body Activity Data”. Microsoft will be creating a cryptocurrency that does not depend on ASICs miners. Microsoft Cryptocurrency Patent Reveals New Mining Convention The innovation has been applauded for its potential to save significant amounts of energy as
Blockchain
The European Commission (EC) is launching a new initiative offering grants to blockchain professionals and other specialists for solutions required in the development of civil and defense applications. According to its published tender, the EC through its European Defense Industrial Development Program (EDIDP) is calling on small-to-medium enterprises (SMEs) to