South Korea Triples Blockchain Budget to $35 Million
The South Korean government will be tripling investments into the development of blockchain technology as well as industries that include distributed ledger technology (DLT). “In agreement” Korea Economic Daily has reported that a recent meeting held between a number of government entities has resulted in the rollout of an increased blockchain budget worth KRW 40 […]
Africa and the Middle East: Crypto and Blockchain News Roundup, 2nd to 8th November 2018
Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. South Africa South Africans turn to crypto to avoid inflation: More and more South Africans are starting to own cryptocurrencies […]
South America: Crypto and Blockchain News Roundup, 2nd to 8th November 2018
South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Pharma company launches digital innovation challenge: Pfizer, one of the largest pharmaceutical companies in the world, has announced a new entrepreneurship competition. The […]
Abu Dhabi Securities Exchange Releases Thought Paper on Crypto Assets
Abu Dhabi Securities Exchange (ADX), in collaboration with Central Securities Depositories and with support from International Securities Service Association (ISSA), recently released a thought paper containing infrastructural guidelines for distributed ledger technologies, and issuance of cryptocurrencies, reports the Emirates News Agency on 6 November 2018. In an attempt to provide clarity on the technical and […]
US Midterms Elect More Crypto-Friendly Governors
The recent US midterm elections saw a wave of unexpected results for both parties but also resulted in the election of three pro-crypto governors while two kept their job. According to a powerful digital lobbying group Digital Asset Trade Association (DATA), these three new governor-elects and two incumbents are ranked very high in its crypto-friendly […]
Valencia Port Joins Maersk in IBM Blockchain Shipping Project
The Port Authority of Valencia, Spain (POV) has announced that it has joined the TradeLens blockchain shipping platform co-developed by tech giant IBM and shipping magnate Maersk. The platform itself was launched back in August this year and it uses DLT for global supply chains. Ports and shipping are a primary part of the supply chain […]
Spain Bank BBVA Announces $150 Million Syndicated Loan on Blockchain
Spanish banking behemoth BBVA has announced it has completed a pilot test of a syndicated loan through a DLT system, according to a report from Financial Times. The report states that the Spanish bank organized the loan for Red Electrica, the national grid operator and the biggest electricity distribution company in the country. BBVA organized […]
