France Allows Trading of Unlisted Securities on Blockchain Platforms

In its advent to become a FinTech hub, the French government has given the nod for trading unlisted securities using blockchain technology under new rules.

UAE, Saudi Central Banks Work on a Cross-Border Cryptocurrency

The central banks of the United Arab Emirates (UAE) and Saudi Arabia are jointly working on a cryptocurrency to enable cross-border transactions between the two countries.
Parity Technologies Suggests Hard Fork To Release Locked Ether

Parity Technologies Suggests Hard Fork To Release Locked Ether

Parity Technologies, having suffered a multi-signature wallet bug that froze hundreds of millions of dollars’ worth of Ether, noted ongoing issues with Ethereum in a recent blog suggesting a course of action to rescue the funds.

UK Government Urged to Look at Blockchain Tech for Identity Services

Blockchain technology could be used to improve the U.

This New Group Wants to Jumpstart Kazakhstan’s Blockchain Sector

A collection of companies in Kazakhstan has submitted an application to be legally recognized as the state’s Blockchain and Cryptocurrency Association.

Russia’s Biggest Bank Pilots Money Transfer on an IBM Blockchain

Sberbank has piloted the Russian banking industry’s first ever payment transaction over a blockchain.

Nokia Pilot Uses Blockchain to Improve Health Data Benefits

While technology has improved access to health data, the data is often not leveraged to its full potential due to privacy concerns and concerns about data authenticity.

Zimbabwean Exchange Adds Ethereum, Re-Enables Bitcoin Buying

Zimbabwe’s only crypto-currency exchange platform, Golix.

World First: Blockchain Will Power Australia’s Biggest Stock Exchange

The Australian Securities Exchange (ASX) has confirmed that blockchain technology will replace its existing clearing and settlement system, becoming the world’s first major stock exchange to do so.

Seoul Govt Selects Samsung SDS for City-Wide Blockchain Project

The metropolitan government of Seoul, South Korea’s capital, has chosen Samsung SDS to draw a roadmap to apply blockchain technology to the city’s entire administration to improve citizen convenience and administrative transparency. Samsung SDS, the IT subsidiary of Korean electronics giant Samsung, has won an order from Seoul’s Metropolitan Government to establish an Information Strategy Plan (ISP) for ‘Innovation in Building Blockchain (Solutions) for Seoul City’, the company said today.

Future Flight: Air New Zealand is Experimenting with a Public Ethereum Blockchain

Air New Zealand, the country’s national airline, is exploring blockchain technology for “a number of potential use cases” including booking and baggage tracking via a partnership with Swiss startup Winding Tree. In a notable announcement, Air New Zealand has confirmed tapping into blockchain for various applications such as retail airfares, cargo and baggage tracking, securing information and loyalty programs.

Zug Citizens Begin Digital ID Registration on an Ethereum Blockchain

Uport, a self-sovereign identity and user-centric data platform on the Ethereum blockchain, has made its platform available to the citizens of Zug, Switzerland. The first official Zug identification registered on the Ethereum blockchain before a live audience, Uport recently announced in a Medium blog.

EU Study: Blockchain a Solution to Prevent Odometer Tampering

The European Parliament has issued a report suggesting that the blockchain could be an effective solution to preventing odometer tampering. In a report, Odometer tampering: measures to prevent it [PDF], issued by the Directorate General for Internal Policies, it reads that odometer tampering remains an issue in the European Union, affecting almost all second-hand car markets of its Member States.

UAE’s RAK Bank Taps Ripple for Instant Blockchain Payments to India

RAK Bank, a retail and business bank in the UAE has partnered blockchain startup Ripple to power instant cross-border payments to retail customers to India, the world’s largest remittance receiver. The age of blockchain-powered, instant, low-cost bank remittances is slowly taking shape. RAK Bank, also known as the National Bank of Ras Al-Khaimah, an emirate in the UAE, is plugging into Ripple’s global bank-centric blockchain network RippleNet to enable live retail remittance payments to customers in Axis Bank in India.

UAE’s RAK Bank Taps Ripple for Instant Blockchain Payments to India

RAK Bank, a retail and business bank in the UAE has partnered blockchain startup Ripple to power instant cross-border payments to retail customers to India, the world’s largest remittance receiver. The age of blockchain-powered, instant, low-cost bank remittances is slowly taking shape. RAK Bank, also known as the National Bank of Ras Al-Khaimah, an emirate in the UAE, is plugging into Ripple’s global bank-centric blockchain network RippleNet to enable live retail remittance payments to customers in Axis Bank in India.
Australian Startup Power Ledger’s Price Doubles During Week-long Surge

Australian Startup Power Ledger’s Price Doubles During Week-long Surge

The price of POWR tokens more than doubled this week on the heels of a major announcement from Australian solar startup Power Ledger. As CCN reported, Power Ledger was the first Australian blockchain startup to hold an initial coin offering (ICO). The company raised $34 million AUD during the ICO for its peer-to-peer energy marketplace. When POWR tokens first began trading in early November, they were priced at less than six cents.
Australian Startup Power Ledger’s Price Doubles During Week-long Surge

Australian Startup Power Ledger’s Price Doubles During Week-long Surge

The price of POWR tokens more than doubled this week on the heels of a major announcement from Australian solar startup Power Ledger. As CCN reported, Power Ledger was the first Australian blockchain startup to hold an initial coin offering (ICO). The company raised $34 million AUD during the ICO for its peer-to-peer energy marketplace. When POWR tokens first began trading in early November, they were priced at less than six cents.

India’s Largest Bank Confirms Blockchain Rollout in December

The State Bank of India will launch two blockchain production-ready beta solutions next month, ready for use to 27 major Indian banks of the ‘BankChain’ consortium. Government-owned State Bank of India (SBI) is India’s largest banking corporation with assets over $460 billion amid a foothold in just about every financial services sector in the country. As a public sector bank, the SBI took the lead to establish India’s first financial blockchain consortium called BankChain, wherein participating banks and technology companies research, develop and implement blockchain applications in the financial industry.

Smart Dubai Office Scoops Major Award for Blockchain City Initiative

The Smart Dubai Office has bagged an award for its Dubai Blockchain Strategy at the Smart Cities Expo and World Congress in Barcelona, beating competition from 308 other projects from 58 countries. Launched in 2016, the Dubai Blockchain Strategy sees the Dubai government aim– among many objectives – to execute all of its transactions and place all its documents on a blockchain by the year 2020.

UPS-Backed Blockchain Consortium Seeks to Disrupt the Freight and Logistics Industry

As blockchain becomes ubiquitous across consumer and enterprise applications, we will continue to see more and more large scale disruption of traditional sectors that are critical parts of the global economy. One space ripe for change is the freight and logistics industry, which commands roughly $8 trillion in annual revenues (2015), and is expected to reach a volume of over $15.

US Treasury Official: More Blockchain Use Cases Needed

An official from the U.S. Treasury has written an optimistic article on the blockchain, calling for more relevant use cases, proofs of concepts and pilot projects with the technology. Craig Fischer, who serves as program manager for the Office of Financial Innovation and Transformation (FIT) within the Treasury’s Bureau of the Fiscal Service, wrote an article in the Journal of Government Financial Management [PDF].

Australian Government Awards Grant to $8 Million Blockchain Energy Project

Australian-based solar startup Power Ledger, among others, is to receive AU$8.25 million in funding from the Australian government for a cutting edge project using the blockchain. According to an announcement from Power Ledger, the Australia government revealed today that it is to provide $2.57 million in funding for a cutting-edge project in the City of Fremantle, in Western Australia.

Singapore, Bitcoin-Friendly Philippines Aim for Blockchain Cross-Border Payments

The central banks of the Philippines and Singapore have forged a FinTech agreement that could result in cross-border payments over a blockchain between their markets. Announced yesterday at the sidelines of the Singapore FinTech Festival, the pact is a ‘FinTech Co-operation Agreement’ between the Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS), and aims to establish ties to promote financial technologies in each other’s markets.
Brave Browser Brings Basic Attention Token Platform to YouTube

Brave Browser Brings Basic Attention Token Platform to YouTube

The latest version the Brave browser enables users to donate money to their favorite YouTube stars using the Basic Attention Token (BAT) payment platform. As the official announcement explains, the Brave browser automatically blocks all web ads — even those on YouTube — but users can contribute directly to participating publishers by adding funds to their browser wallet and distributing them to publishers based on time spent viewing website content or at custom amounts.

Moldova to Use Blockchain Identities to Fight Child Trafficking

Moldova, an impoverished nation whose children are preyed on by sex slave traffickers, plans to use blockchain technology to eradicate child trafficking, in cooperation with United Nations officials, according to Thomson Reuters.