EY Partner with German Blockchain Firms Collaborating on a Tracking Platform

German blockchain firms are effectively collaborating on a blockchain tracking platform, local news outlet Tiroler Tageszeitung on July 16 reported that a host of companies from Germany and Austria are coming together for the revolutionary platform that will see freight document being digitized while reducing costs and resource consumption and protect against counterfeiting. A Whole New Project The…

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Lawmakers in Russia Defer Adoption of On Digital Financial Assets Bill Until Fall This Year

The Russian Parliament, the State Duma may change course on the proposed cryptocurrency bill ‘’On Digital Financial Asset’’ (DFA) until the autumn session, Russian based news outlet TASS reported on July 9. A Major Paradigm Shift Russia’s highest decision-making body is greatly thinking about shifting the adoption of the DFA bill to the autumn session. Meanwhile,…

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US SEC Approves Blockstack Token Offering Under Regulation A+

The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to a report by The Wall Street Journal (WSJ) on July 10. Blockstack will reportedly launch its token offering online tomorrow, July 11. While other firms have previously taken advantage of Regulation A+ funding, this…

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Iran Plans to Allow Crypto Mining, Central Bank of Iran Governor Says

Iranian authorities are planning to authorize cryptocurrency mining, as the governor of the Central Bank of Iran (CBI) declared, international Iranian news agency PressTV reported on July 10. CBI governor Abdol Hemmati reportedly claimed that the Iranian government has approved some parts of an executive law that would authorize mining of cryptocurrencies such as Bitcoin (BTC) in Iran.…

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Local Cryptocurrency May Come to South Korea

The second most populated city in South Korea, Busan, may launch a local cryptocurrency. This information comes from ETnews, a publication on Korean tech news. Busan city officials are working in conjunction with BNK Busan Bank, which is part of BNK Financial Group. The goal is to develop a digital currency which is blockchain based.…

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Financial Commission’s Blockchain Association and SmartDec to Launch Security Audit Certification

The Financial Commission’s Blockchain Association has today launched a new security audit certification targeting Blockchain operators. The commission which comprises of all business that transact using digital assets partnered with SmartDec, a cybersecurity-oriented tech consultancy firm in the initiative. The duo embarked on developing a Security Audit Certification, knowing too well the need for reliable…

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Dubai Chamber of Commerce Signs MoU on Blockchain Trade Solutions

The Dubai Chamber of Commerce and Industry (DCCI) has entered a joint initiative to promote the adoption of blockchain trade solutions, according to a press release on July 1 The DCCI, which acts as an international business hub in Dubai, has signed a memorandum of understanding (MoU) with two entities the International Chamber of Commerce (ICC) and Singapore-based blockchain startup Perlin. According to the report, DCCI is…

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Discovering Insuretech: Blockchain Disruption of the Insurance Sector

The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and organizations face every day inevitably involves coordination of the multiple parties’ efforts and reconciliation of extensive records. Both aspects make the insurance sector an appealing ground for blockchain-based optimization — and indeed, distributed ledger technology…

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Deloitte: China Looking to Use Blockchain as a ‘Strategic Weapon’

As much as 73% of Chinese enterprises believe that blockchain is a top-five strategic priority, according to a report by Big Four audit and consulting firm Deloitte released on June 27. In the report, titled “Deloitte’s 2019 Global Blockchain Survey,” the company surveyed 1,386 enterprise representatives in 11 countries, including 200 respondents in China to provide a greater knowledge about major attitudes…

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