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Walmart Develops Sales Platform Integrating Blockchain

Walmart Develops Sales Platform Integrating Blockchain

Walmart has filed an application with the US Patent and Trademark Office for a sales platform which integrates blockchain technology. This platform was invented by Donald R High, Michael D Atchley, and Chandrashekar Natarajan. This is a big milestone for the use of blockchain technology, considering that Walmart is one of the world’s largest company with USD 500 billion of …


Seoul Mayor Doubles down on Blockchain Pledges Ahead of Local Elections

Seoul Mayor Doubles down on Blockchain Pledges Ahead of Local Elections

Ahead of the Seoul mayoral elections in June, the present mayor of the South Korean capital Park Won-Soon has made manifesto pledges to increase blockchain developments, among other high-tech industries. A progressive power Park has been mayor since 2011 and is now aiming to secure a third term. In the past, he has put forth encouraging proposals for urban redevelopment under …


Crypto CEOs Are Making Moscow Home

Crypto CEOs Are Making Moscow Home

Moscow has the highest percentage of CEOs or founders of ICO-seeking projects working from the Russian capital, claims international technology investment company Atomico. In figures acquired in 2017, Atomico cited Russia at the top of a list of major crypto-active locations around the globe, followed by Silicon Valley, New York, and London. No Asian capitals appeared in the statistics which …


Japan’s Largest Bank Partners with US Tech Giant for Blockchain Payment Service

Japan's Largest Bank Partners with US Tech Giant for Blockchain Payment Service

The biggest bank in Japan has partnered with a US tech company to design a blockchain capable of handling 1 million transactions per second, boosting speed and reducing transaction feeds through distributed ledger technology. MUFG and Akamai partnership The Mitsubishi UFJ Financial Group (MUFG) partnered with US-based Akamai to deliver a new global payment network service, which is intended to …


UK ‘Cryptoassets Task Force’ Begins on Positive Note

UK 'Cryptoassets Task Force' Begins on Positive Note

The UK government’s ‘Cryptoassets Task Force’ met for the first time on 21 May as part of the country’s plan to regulate the cryptocurrency and blockchain space, reported Crowdfund Insider. One of the functions of the UK government’s task force will be to examine the risks of blockchain technology and mitigate these while examining the benefits of ledger technology in financial …


Nokia Partners with Streamr, OSIsoft to Compensate Customers for Data

Nokia PartneNokia Partners With Streamr, OSIsoft to Compensate Customers for Datars With Streamr and OSIsoft to Compensate Customers for Their Data

A looming partnership between the blockchain data platform Streamr, the giant Finnish-based telecom company Nokia and California software company OSIsoft will allow mobile users to monetize their data and make purchases. Speaking at CoinDesk’s Consensus 2018 Conference, Streamr CEO Henri Pihkala said, “This not only meant to showcase our prowess on the world’s platform but to mark an important day in the …


Chinese Ministry of Industry and IT Anticipates Big Year for Blockchain

Chinese Ministry of Industry and IT Anticipates Big Year for Blockchain

China’s Ministry of Industry and Information Technology (MIIT) released a whitepaper on 20 May 20th detailing the accelerating growth and prospective future of blockchain industries in the country. China has notoriously been a slightly cryptocurrency-friendly environment; stances in the country seem rather juxtaposed. For example, initial coin offerings (ICO) and trading are banned entirely, but the nation still promotes blockchain …


Is Vitalik Buterin Leaving Ethereum For Google?

Is Vitalik Buterin Leaving Ethereum For Google?

One thing sure to draw attention to a Tweet is to delete it. That is just what Vitalik Buterin did after posting a screenshot of an email from a Google employee, detailing a prospective job offer. As reported by Investing.com, the co-founder of Ethereum recently asked his Twitter following whether he should “drop Ethereum and work for Google”. Buterin shared a picture …


Norway Joins Central Bank Crypto Queue

Norway Joins Central Bank Crypto Queue

An official document has been released by Norway’s Central bank (Norge bank) announcing intentions of launching its own cryptocurrency, according to Cointelegraph. This notice of intent by Norway’s State bank is very much in keeping with current trends showing increasing numbers of central banks looking into the viability of creating national cryptocurrencies. As Bitcoin News illustrated, the adoption of cryptocurrency globally …


Switzerland, Gibraltar, Malta Podium Finishers on Most Crypto-Friendly European List

Switzerland, Gibraltar, Malta Podium Finishers on Most Crypto-Friendly European List

Switzerland has come out on top in a BlockShow Europe study which ranks the most crypto-friendly European countries. Scored on their regulatory frameworks and blockchain related projects among other attributes, Gibraltar and Malta also ranked favorably. Broad observations In total, 48 European countries were examined for their existing regulations of initial coin offerings (ICOs) regulations, cryptocurrencies as a payment service and …


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