National Bank of Cambodia Pushes to Claim First Place in Blockchain Race

National Bank of Cambodia Pushes to Claim First Place in Blockchain Race

A World Economic Forum (WEF) report has indicated that the National Bank of Cambodia could become the first central bank in the world to utilize blockchain technology. After piloting DLT since 2017, the South East Asian central bank hopes to deploy a blockchain payment system later this year, with the aim to overtake other banks […]

UN Aviation Agency President Predicts Blockchain Will Be Key Within the Industry

UN Aviation Agency President Predicts Blockchain Will Be Key Within the Industry

The president of the United Nations specialized agency for aviation has suggested that blockchain technology is set for making a huge impact on the aviation industry. Dr. Olumuyiwa Benard Aliu, speaking at the International Civil Aviation Organization (ICAO) Blockchain Summit and Exhibition in Abu Dhabi claimed that with the predicted rise of global air traffic […]

Two Canadian Crypto Firm Owners Fight $30 Million Fraud Accusation

Two Canadian Crypto Firm Owners Fight $30 Million Fraud Accusation

Two Vancouver cryptocurrency firms are fighting accusations of fraudulent activity to the tune of USD 30 million involving an initial coin offering. The two company owners, Lisa Angela Cheng and Kevin Patrick Hobbs, are to fight their cases in the British Columbian (BC) courts, after having denied any wrongdoing, claiming they have “never misappropriated funds.” The […]

Ripple Founder Donates $25 Million Dollars to San Francisco State University

Ripple Founder Donates $25 Million Dollars to San Francisco State University

Chris Larsen, founder of cryptocurrency company Ripple has donated USD 25 million to his old alma mater San Francisco State University (SFSU). The donation worth USD 25 million from both the tech entrepreneur and his wife Lyna Lam in XRP tokens to SFSU’s College of Business through RippleWorks, a private foundation that provides practical support […]

Bosch and Wien Energie Set up the First Blockchain-Driven Refrigerator

Bosch and Wien Energie Set up the First Blockchain-Driven Refrigerator

Electronics giant Bosch and Wien Energie – heating, cooling, and decentralised solutions provider has presented the first Blockchain-driven refrigerator to achieve inspection of electricity consumption in a transparent manner. The device is currently demonstrated at the Anon Blockchain Summit, Vienna. In a press release, Wien Energie said, “The refrigerator shows how households can control and […]

Crypto Companies Should Focus on Insurance for Value in Flight

Cryptocurrency market as an emerging risk market requires insurance on multiple layers, according to a blog post by Coinbase chief information security officer Philip Martin. As the cryptocurrency industry matures, so does the need for increased financial security. One way to achieve this is through a contingency system like an insurance program. Martin explained Coinbase’s […]

Missoula County’s Sole Bitcoin Miner Protests Emergency Ruling

Just a day after promising to make the Missoula urban area run only on renewable energy by 2030, commissioners in the Montana state county yesterday declared a public emergency to justify interim regulations on new or expanded cryptocurrency mining operations. These are to stay in place until a solution is found. Although the authorities have […]