blockchain tech

Bithumb Chain is Releasing a New ‘Exchange-as-a-Service’ to Allow Users to Create DeFi Apps

November 14, 2019
Bithumb’s new blockchain platform, Bithumb Chain, is launching a new exchange-as-a-service platform that enables users to create their own decentralized exchanges and develop DeFi applications. Bithumb, a prominent South Korean crypto exchange, has recently announced its new “exchange-as-a-service” platform, which is powered by the company’s own blockchain tech, Bithumb Chain. The product was announced this

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

July 8, 2019
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

Malaysia Launches Work Visa Program for Blockchain Tech Professionals

July 1, 2019
Malaysia has launched a work visa program targeting tech freelancers that addresses a demand for blockchain capable talens, local news outlet the Star reported on June 18. The Malaysia Digital Economy Corporation (MDEC) — a government-owned organization that oversees the tech sector — blockchain organization Nem Foundation and job marketplace Jobbatical have jointly launched the program. The program aims to attract

Honda and GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

May 30, 2019
Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20. As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. Specifically, the companies intend to develop data retrieval

Bloomberg: Blockchain-Powered IPO Platform to List First Company in June

May 27, 2019
SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up to 1,000 companies will join over the next three to four years. The Ethereum blockchain is used for settlement and clearing, and its users will be able

German State Announces Plan to Establish European Blockchain Institute

May 23, 2019
The government of the German state North Rhine-Westphalia (NRW) announced plans to establish the European Blockchain Institute to research blockchain technology in a press releaseon May 13. According to NRW Economics Minister Andreas Pinkwart, the European Blockchain Institute will be founded in the city of Dortmund later this year, inside the Fraunhofer Institute for Material Flow and Logistics (IML). The press

Universal Protocol Alliance to Launch Euro-Pegged Stablecoin in April

April 5, 2019
The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March 28. The UP’s stablecoin, dubbed the Universal Euro (UPEUR) will be pegged to the euro on a 1:1 basis and will reportedly allow customers to earn up to 8 percent interest. The

International currency exchange Mercury FX plans to open support for Ripple

February 25, 2019
International currency exchange provider, Mercury FX, plans to open 10 new payment corridors to support XRP. As announced by Alastair Constance, CEO of Mercury FX at the Ripple Regionals in London 2019, the 10 new corridors would use the xRapid implementation solution to power payments from the UK to Canada, and also from the UK

Ohio Eyes Potential Blockchain Benefits in Real Estate Transactions

February 22, 2019
A group of county auditors in the U.S. state of Ohio has launched a study of the benefits blockchain tech might bring to property transactions. The County Auditors’ Association of Ohio (CAAO) announced Wednesday that it has formed a working group to determine how blockchain tech can be implemented at the county level to “more effectively”

General Motors Goes All-In On Blockchain Technology

February 15, 2019
GM Financial, a subsidiary of General Motors that handles financing and loans for customers that want to purchase vehicles, announced on Forbes a partnership with Spring Labs to join the Spring Founding Partners program with the sole purpose of developing financial products within Spring Labs’ blockchain platform. Very excited to officially unveil our partnership with