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Canadian Banker’s Association: Outdated Methods Must Give Way to Digital ID

Canadian Banker's Association_ Outdated Methods Must Give Way to Digital ID

The Canadian Bankers Association (CBA) is driving banks to move towards what it calls a “federated model” of digital IDs replacing outmoded paper models throughout the country’s financial system. The new system suggested would link links federal and provincial systems and allow user identities to be authenticated electronically. Canada’s six largest banks have also been collaborating with SecureKey Technologies Inc …


Marshall Islands Sovereign Crypto Confirmed for 2019

Marshall Islands Sovereign Crypto Confirmed for 2019

The team behind Marshall Islands’ national cryptocurrency have announced major achievements in its progress, despite a difference of opinion in the government. The team said it has been able to make “significant progress in finding partners, investors, and developers” for the coin, dubbed the Sovereign (SOV). The Sovereign token has also made a partnership with Tangem, a firm that specializes …


Anonymous Bitcoin Miners Fill Void as Bitmain Sizes Down

Anonymous Bitcoin Miners Fill Void as Bitmain Sizes Down

Blockchain research unit Diar has published new data which illustrates the degree to which anonymous Bitcoin miners are now validating more blocks than any other pool. This research follows recent announcements that Bitmain, the world’s largest maker of cryptocurrency mining chips, is reported to be laying off up to 50% of its staff in 2019 following huge staff cuts in …


South Korean District Implements Public Proposal Evaluation on Blockchain

Public Proposal Evaluation

A report from local media outlet Newsis stated that Yeongdeungpo-gu district of South Korea has implemented blockchain technology in its proposal evaluation system to further improve transparency of its administrative processes. The blockchain-based system is the first of its kind in the region to apply such technology. It will incorporate the immutability and data legitimacy aspects of the blockchain into various …


Seoul Examines Military Implications of Blockchain

Seoul Examines Military Implications of Blockchain

The South Korean government has announced it is to launch a pilot which will examine the possibility of integrating blockchain solutions into the country’s defense industry. The Defense Acquisition Program Administration (DAPA) is planning a USD 530,000 spend for each of the proposed projects aimed at encouraging both small and large defense companies to tender plans. British news outlet Jane’s …


Wall Street, Institutional Investors Prime for Next Crypto Bull Run

Wall Street, Institutional Investors Prime for Next Crypto Bull Run

Analysts are looking ahead to the potential for a sustained bull run on cryptocurrency markets in 2019, and many are expressing an expectation this will be the signal for Wall Street and institutions to up investment. Many see large-scale investment being re-examined in 2019 after being scared off by Bitcoin’s December dip. Wall Street notably stood back prior to the …


Spain’s Repsol Claims €400,000 Annual Savings from Use of Blockchain

Spain’s Repsol Claims €400,000 Annual Savings from Use of Blockchain

Spanish energy giant Repsol claims that it has successfully improved safety quality certification of its products using a blockchain platform, while giving a potential annual cost savings of EUR 400,000, reports Business Insider. The blockchain-based platform has been developed by Finboot, a part of the Repsol Foundation Entrepreneurs Fund, in partnership with the Repsol Technology Lab Research Center. This platform has reportedly …


IBM’s Blockchain Platform Expands Supply Chain Solutions to Track Mined Metal

IBM

IBM will use the Hyperledger Fabric blockchain platform to track supply chains for the metal mining industry. The company recently announced two separate projects for its abovementioned aim. One of the two projects will seek to supervise the shipping of metals from a Mexico-based mine. IBM will work with Canadian company called MineHub Technologies, which tracks metal ore movement from …


BitcoinNews.com Daily Podcast 15th January 2019: Ethereum’s Constantinople Delayed

BitcoinNews.com Daily News Podcast

Listen to the 14 January 2019 BitcoinNews.com Daily Podcast below. On this edition of the BitcoinNews.com Daily Podcast, we continue with market analysis and discuss how the Ethereum Constantinople hard fork has been delayed. Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, Breaker. We broadcast a new episode every day, covering the …


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