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China Scraps Blockchain Funding Center

The Chinese government has just scrapped its blockchain funding center, insisting on regulations before going forward with anything blockchain. The Chinese Communist Party (CCP) has called for domestic regulation as part of an effort to foster the development of the technology. The CCP’s official media made clear that the government’s stance is to integrate blockchain technology, while also warning of illicit …


Tech Giant Fujitsu Announces Blockchain Center In Europe

Tech Giant Fujitsu Announces Blockchain Center In Europe

Japanese IT giant Fujitsu has recently announced the opening of its first Blockchain Innovation Center, located in Brussels, Belgium, with the aim of supporting research, developmen and innovation. Fujitsu has selected Brussels as the venue of choice because of its diverse political, technical advantages. Witnessing the adoption of blockchain technology and distributed ledger technology (DTL), big tech giants such as Google, Microsoft …


Singapore Government to Launch Blockchain Challenge

The Singapore government has announced that it will be launching a blockchain challenge that will reward winning projects with development funding. Singapore’s Infocomm Media Development Authority (IMDA) stated that the challenge’s aim is to promote awareness and adoption of the technology. IMDA is hoping the challenge will bring more companies into the ecosystem and explore the potential that blockchain technology …


Kik ICO Raises 98 Million USD for Kin Token: Messenger Platform Sets Sights on Video Games

"Kik ICO Raises 98 Million USD for Kin Token: Messenger Platform Sets Sights on Video Games

Last year, social media platform Kik raised a whopping USD 98 million for its “kin” token, and now the Kin Foundation is branching out into the video game industry, specifically through leading game engine developer, Unity. Unity has joined with Kin to develop a gaming-specific software development kit (SDK), the purpose of which is to integrate kin, which is hosted …


Back to the Blockchain Future with Autonomous Cars Level 5

Back to the Blockchain Future with Autonomous Cars Level 5

Blockchain has the ability to guide autonomous cars from level 2 through to 5 (proposed stages of autonomy), while simultaneously providing solutions to future issues. Blockchain can help improve on existing systems, like route optimization as well as creating a foundation for trading services around these systems. A decentralized solution achieves this, guaranteeing higher user safety and data security, against growing hacking …


Blockchain-Based Alternative to Facebook On The Horizon?

Blockchain-Based Alternative to Facebook On The Horizon?

Decentralized social media platform Minds have recently discussed their plans to integrate its online network with the Ethereum blockchain. The move follows in the footsteps of platforms such as Steemit and Viuly that offer similar services based on blockchain. Minds Crypto Social Network The launch of Minds Crypto Social Network offers blockchain technology to an already-established 1 million registered users on the Minds …


West Virginia Pilots Blockchain Voting as System Grows in Popularity

Vote

West Virginia Secretary of State, Mac Warner, has announced that blockchain voting will be trialled in the upcoming election for West Virginia’s Senate primary election on May 8th.  If the pilot is successful, the state government plans to extend the new voting method to all 55 counties in the 2018 general election in November. The pilot is currently being offered …


“Bitcoin Has Matured”: Meni Rosenfeld On Bitcoin In Israel

Chairman of the Israeli Bitcoin Association (IBA) Meni Rosenfeld said that “Bitcoin has matured” during an interview at the Blockchain & Bitcoin Conference in Israel. He discussed the progress of bitcoin in Israel, and his role in its progression. Meni’s role in the IBA Meni was questioned on his role as chair of the IBA, and the goals the association hopes to achieve. …


Soundeon to Utilize Blockchain to Eliminate Royalty, Ticketing Malpractice

Soundeon to Utilize Blockchain to Eliminate Royalty, Ticketing Malpractice

Music platform Soundeon has announced a decentralized platform which connects artists with fans and covers all aspects of the music industry. Given that recorded music and ticketing is now estimated to present a USD 66.2 billion market opportunity and that this growth is set to stabilize over the next five years, legal protection of artists has become a problem that …


New Ford Innovation Proposes Blockchain Technology

New Ford Innovation Proposes Blockchain Technology

In a document released last week, it was revealed that the US motor giant Ford was awarded a patent to alleviate traffic congestion on American roads. The patent, Vehicle-to-Vehicle Cooperation to Marshal Traffic is designed to evaluate driver behavior to improve coordination by drivers on the road by communicating with each other en route aided by blockchain technology. The proposed …


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