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China State Planner Targets Crypto Mining on Clean Up List

China State Planner Targets Crypto Mining on Clean Up List

China’s National Development and Reform Commission (NDRC) is looking to siphon off a number of industries which include cryptocurrency mining as part of a state cleanup. The NDRC of the People’s Republic of China, formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the Chinese State Council, which has broad administrative and planning control …


Local Indian Administrators Bid to Clean Up Bangalore Using Blockchain

Local Indian Administrators Bid to Clean Up Bangalore Using Blockchain

The Bruhat Bengaluru Mahanagara Palike (BBMP) the local administrative body in the Indian city of Bangalore is to pilot a blockchain solution to combat garbage problems in the city. Bangalore, officially known as Bengaluru, is the capital city of the Indian state of Karnataka. It has a population of over ten million, making it a megacity and the third most …


Asia and Australia: Crypto and Blockchain News Roundup 31st March to 6th April, 2019

Asia

Asia and Australia Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. Australia Australian Primary School Creating Mini Crypto Entrepreneurs: Australia’s Wooranna Park Primary School has started its own blockchain course and has even created its own cryptocurrency. The Victorian state school’s …


Blockchain-Based InsurTech Gains Traction

Blockchain-Based InsurTech Gains Traction

More insurers are joining the cryptocurrency industry through blockchain-based insurtech startup B3i in an ongoing funding round, according to news outlet Tokenpost. B3i started out as a consortium of five insurers and reinsurers to include Aegon, Allianz, Munich Re, Swiss Re, and Zurich, established to create value for the re/insurance industry through distributed ledger technology. In its latest funding round, …


Chinese Tech Entrepreneur Calls for Blockchain Solutions to Boost Data Protection

Chinese Tech Entrepreneur Calls for Blockchain Solutions to Boost Data Protection

Chinese serial entrepreneur Steve Wei, founder of SkyVPN, is calling for blockchain solutions to boost Virtual Private Network (VPN) security. Wei’s company allows its users to access the web by privately routing the connection through a remote server. He is claiming that VPN should now be decentralized having observed that those current centralized systems allow scrutiny of user data, app use, …


Ethereum Co-Founder Says Time for South Korea to Deregulate Blockchain

Ethereum Co-Founder Says Time for South Korea to Deregulate Blockchain

Ethereum founder Vitalik Buterin has urged South Korean regulators to remove restrictive blockchain industry laws in a recent visit to the Asian tech powerhouse. Buterin was speaking to South Korean parliament members in a hope to overturn the government’s current stance which currently favors blockchain over Bitcoin and other cryptocurrencies, by its banning of ICOs. The Ethereum Canadian-Russian crypto entrepreneur …


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 around the world which so …


North Korea’s Unlikely Relationship with Crypto

North Korea's Unlikely Relationship with Crypt

For a country with a population of just 25 million people nearly entirely cut off from the global economy and under the governance of a ‘Supreme Leader’ by the name of Kim Jong-un, North Korea is perhaps an unlikely hub for cryptocurrency activity. Yet, the nation keeps making headlines for its cryptocurrency-related innovations coming from both sides of the political spectrum. The …


Two South Korean Unis to Create Blockchain Campus

Two South Korean Unis to Create Blockchain Campus

South Korea has never shied away from demonstrating its pro-cryptocurrency stance, and the latest industry project in the Asian powerhouse now sees two universities combining to create a blockchain campus. The two institutions, Pohang University of Science and Technology (POSTECH) and Yonsei University, have plans to test out a combined campus later this which will also involve students from both …


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