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No It’s Not Glastonbury, It’s Cryptomania: The New Festival Experience

No It's Not Glastonbury, It's Cryptomania: The New Festival Experience

Brock Pierce’s comments that “the most likely way to get me to attend your conference is to throw really good parties” demonstrate the direction that crypto conferences have taken over recent years. Of course, their official purpose, according to Bitcoin.com, is to offer attendees a few days of seminars, panel discussions and keynote speeches from leading industry figures, and if …


Blockchain Compatibility with GDPR’s ‘Right to be Forgotten’

Blockchain Compatibility with GDPR's 'Right to be Forgotten'

The EU’s new General Data Protection Regulation (GDPR) policies place an emphasis on the ”right to be forgotten”, meaning that at any time an organization should be able to delete users’ personal data at their request. With immutable, decentralized blockchain technology, the question arises as to how blockchain projects will be able to comply with these principles. Who is in …


South African Central Bank Develops Internal Fiat Token Payments

South African Central Bank Develops Internal Fiat Token Payments

South Africa’s Central Bank (SARB) has conducted a pilot of a Proof-of-Concept (PoC) for an interbank payment system adopting a fiat token, using Ethereum-based private blockchain Quorum, writes Cointelegraph. According to an SARB report dubbed ‘Project Khokha’, the aim is “to build a proof-of-concept (PoC) wholesale payment system for interbank settlement using a South African Rand token on distributed ledger technology …


Startup Wins Prize to Partner Volkswagen on Car History App Project

Startup Wins Prize to Partner Volkswagen on Car History App Project

German automobile giant Volkswagen has offered a Lithuania-based company a role in its Dresden center after a successful pitch in a manufacturers competition, writes Cointelegraph. The company, carVertical, has developed a platform for used car history reports enabling users to verify details of a car’s past before making a purchase. The competition held in Riga, Latvia saw carVertical’s pitch as …


Dutch Land Registry in Spotlight over Blockchain Test

Dutch Land Registry in Spotlight over Blockchain Test

Dutch news agency Computable has reported that the national land registry of Netherlands is testing blockchain for real estate data management. According to an official, Koen Huisstede, the government wants to explore what the much-publicized blockchain technology can do in property management. It expects to integrate blockchain solutions into the national land registry’s system within two or three years. Huisstede pointed …


Top Reuters Exec Greg Pinn Resigns to Take Up Blockchain Compliance Role

Top Reuters Exec Greg Pinn Resigns to Take Up Blockchain Compliance Role

The head of Thomson Reuters’s World-Check, Greg Pinn, has resigned to join iComply, a company that focuses on blockchain compliance. Greg Pinn will lead product strategy at his new company. Greg Pinn was in charge of product development, strategy, and technology at World-Check from 2009. World-Check helps organizations keep up to date with complex and evolving financial laws and regulations …


Microsoft Acquires Coder Hangout GitHub for $7.5 Billion

Microsoft Acquires Coder Hangout GitHub for $7.5 Billion

There have long been rumors that Microsoft would acquire renowned software repository giant GitHub. Today, Microsoft confirmed the acquisition. As per the sources, Microsoft has acquired GitHub by issuing USD 7.5 billion in stock. The deal was announced and sealed sooner than most software developers and antagonists expected. This step by Microsoft may be described by many as going back to …


President of Uganda Embraces Blockchain Technology

President of Uganda Embraces Blockchain Technology

The President of Uganda, Yoweria Kugata Museveni, made very positive statements regarding blockchain technology at the inaugural Africa Blockchain Conference held in Kampala, Uganda. The conference was organized by the Blockchain Association of Uganda and brought together industry leaders from over 20 countries. President Museveni said he welcomed and embraced blockchain technology, since it provides full transparency through a public …


China’s Central Bank Develops Blockchain-Based Checks to Combat Fraud

China's Central Bank Develops Blockchain-Based Checks to Combat Fraud

The Digital Currency Research Lab headed by Di Gang at the People’s Bank of China, China’s central bank, has developed a system that issues digital checks using blockchain and smart contract technology. This follows a year-long effort that began in 2016 in order to combat check fraud in the Chinese market. The digital checks exist on the blockchain in the form …


Forget Millennials, Tokyo Seniors’ Center Proves Age No Barrier to Bitcoin

Forget Millennials, Tokyo Seniors' Center Proves Age No Barrier to Bitcoin

A center is Japan has launched an intensive course for seniors and the middle-aged to assist them to learn and invest in cryptocurrencies, Bitcoin.com reports. The center based in Tokyo, according to local media, is “Japan’s first virtual currency investment course for seniors”, with some of its students in their 80s. In most countries around the world, it is millennials …


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