Blockchain E-Commerce Platform Allows Shoppers to Purchase Directly From Manufacturers

sponsored The company says manufacturers can enjoy faster distribution and access to markets, and consumers would enjoy low prices and access to a greater number of products. A new decentralized e-commerce platform aims to allow online shoppers and e-commerce stores to combine purchasing power and microdistribution to access bulk pricing and discounts. Buying.com says that […]

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Global Chip Supplier Expects Low Demand for Crypto Mining, Offsetting Q4 Revenue Growth

TSMC expects growth of demand for the high-end servicing of premium smartphones, but forecasts “continued weakness” in crypto mining demand. Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18. TSMC, the world’s […]

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Blockchain Can Reshape Global e-Government Procurement, Say World Bank Experts

Blockchain technology can aid in defragmenting many countries’ procurement structures, a new report concludes. Experts with ties to the World Bank Group presented options for using blockchain in e-government procurement (e-GP) in a report released Wednesday, Oct. 17. The World Bank Group includes organizations commonly known together as the World Bank. e-GP, which refers to […]

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Japanese Taxation Committee Seeks to Simplify Cryptocurrency Tax Reporting

Japan is debating at government level a shake-up of complex tax reporting procedures for cryptocurrency investors. A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from […]

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Malta: Two-Thirds Fail Crypto Agent Exam Despite Authorities’ Attempts to Ease Process

Almost two-thirds of those who took Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme. Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18. Since the Virtual Financial Assets Act […]

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Confirmed: Baidu and TRON to Cooperate on Cloud Computing Resources

Officially confirmed: decentralized internet project TRON and China’s largest internet search provider Baidu will cooperate on cloud computing resources. Decentralized Internet project TRON (TRX) and China‘s largest Internet search provider Baidu will cooperate on cloud computing resources, according to an official tweet from the TRON Foundation posted yesterday, October 17. The tweet confirms a series […]

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Japanese Electric Power Company Partners With Bank, University on Blockchain Research

Kansai Electric Power Co. will explore how the technology could be used to redefine electricity sales to consumers. A four-way partnership between major Japanese companies will conduct research into the possible use of blockchain in distributed electricity supply, a press release announced Monday, Oct. 15. Kansai Electric Power Co. (Kepco) will work with Mitsubishi UFJ […]

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