South Korean Port Receives Blockchain Enhancements to Shipping Logistics

South Korean Port Receives Blockchain Enhancements to Shipping Logistics

Government ministries in South Korea are pushing the nation’s blockchain infrastructure to the seas in a new marine logistics project. Logistical supremacy The Ministry of Science, ICT and Future Planning (MSIP) will be collaborating with the Ministry of Oceans and Fisheries (MOF) on the newly launched blockchain pilot. With the intentions of increasing container shipping […]

No Internet? Blocksteam Satellite Now Provides Bitcoin Access to All Major Landmasses

Blocksteam Satellite Constellation Now Covers All Major Landmasses And Provides Entire Bitcoin Blockchain

Tech company Blockstream announced on 17 December 2018 that it has added a fifth satellite to its constellation broadcasting the Bitcoin network. This new satellite covers the Asia-Pacific region, so now all major landmasses on Earth except for Greenland and Antarctica can use Bitcoin via satellites. Further, Blockstream has expanded capabilities to provide a full […]

Direct Debit vs Blockchain: Breaking the Donation Conundrum

Direct Debit vs Blockchain: Breaking the Donation Conundrum

Blockchain has the potential to deliver what all people want and have been asking for over the years: payment environments where donors money can be tracked by all parties, ensuring support arrives at the point of need in its entirety. Writer Richard Cornfield recently examined the questionable nature of donating to charity in today’s myriad […]

Porsche Receives Loan via Blockchain Platform from Spanish Bank

Porsche Receives Loan via Blockchain Platform from Spanish Bank

Porsche Holdings has finalized a USD 170 million term loan with Spanish banking giant, Banco-Bilbao Vizcaya Argentina (BBVA), making Porsche the first non-Spanish company to receive a loan from BBVA this way. Blockchain-backed loan According to a report made by Innovation Enterprise, Porsche Holdings, one of the world’s largest vehicle distributors and Europe’s largest has […]

Goldman Sachs Faces Criminal Charges in Malaysia, Calls for Blockchain Transparency

1MDB

Criminal charges were filed this week against leading investment bank Goldman Sachs by Malaysia’s Attorney General as part of ongoing investigations into Malaysia’s highly-controversial USD 2.7 billion 1MDB development fund scandal. The charges were filed under Malaysia’s security laws against the NY banking giant and its former bankers Tim Leissner and Roger Ng, former 1MDB […]

Italian Regulator Suspends Suspicious Crypto-Related Ventures

Italian Regulator Suspends Suspicious Crypto-Related Ventures

In a newsletter published today by the Commissione Nazionale per le Società e la Borsa (CONSOB), the securities market regulator in Italy has issued a cease and desist order to two cryptocurrency-related platforms. As the chief regulator of the Italian securities market, CONSOB has deemed it fit to suspend the activities of Bitsurge Token and […]

Startup Founders Survey Finds Blockchain Skepticism, Experimentation

Startup Founders Survey Finds Blockchain Skepticism, Experimentation

A major venture capitalist (VC) firm has released its annual survey, revealing blockchain-skeptic sentiments among startup founders, despite a majority presently dabbling with cryptocurrency or blockchain. Results The annual State of Startups survey comes from First Round Capital who polled 529 founders with focus questions surrounding the fundraising landscape, “exit environment” and operational challenges. Fascinatingly, […]

BitcoinNews.com Daily Podcast 17th December 2018: Crypto Markets Rallying 10-20%

BitcoinNews.com Daily Podcast, 4th October 2018

Listen to the 17 December 2018 BitcoinNews.com Daily Podcast below. [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1938115/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-11-17%2F7266020-44100-2-9921dff986f4c.mp3”] On this edition of the BitcoinNews.com Daily Podcast, we analyze a day where cryptocurrencies are rallying 10-20%, a much needed sign of life in a year which has been mostly bearish. Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. […]

UAE Banking Federation Mulls Blockchain Potential with KYC Focus

UAE Banking Federation

Members of the United Arab Emirates Banks Federation (UBF) discussed the potential adoption of blockchain into their banking systems to upgrade know-your-customer (KYC) processing. Blockchain Enhancements According to a report made by Dubai-based media outlet Gulf News, the meeting of the CEOs Advisory Council of the UBF met to discuss other topics, though blockchain managed […]