More Oil Giants to Join Blockchain-Based Platform Vakt for Energy Commodity Trading

More global oil and gas giants have joined the blockchain-based platform for trading energy commodities. Chevron, one of largest American multinational energy corporations, and two other major energy companies have joined Vakt, a United Kingdom-based blockchain platform for energy commodity trading. Reuters reported on the development on Jan. 16. Along with Chevron, Total, a leading […]

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Bitfury Enters Music Industry With Blockchain-Based Open Source Platform Launch

Bitfury Surround joins the various blockchain solutions attempting to introduce more transparency to commercial music structures. Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16. The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly […]

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New Zealand Police Confirm Investigation Into Alleged $3.6 Million Hack of Cryptopia

After suspicious transactions worth around $3.6 million, Cryptopia has shut down, with local police confirming they are investigating. Police in New Zealand confirmed they are investigating what appears to be a major hack of local cryptocurrency exchange Cryptopia worth at least $3.6 million, a press release stated on Jan. 16. Cryptopia, which abruptly shut down […]

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South Korean District to Implement Blockchain for Administrative Transparency

An administrative district in southwest Seoul plans to use a blockchain-based system for evaluating proposals. A district in the South Korean capital has announced it will apply blockchain to its proposal evaluation system, privately owned local news agency Newsis reports on Jan. 16 According to the article, South Korea’s Yeongdeungpo-gu — an administrative district in […]

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Belarus Launches Trading Platform Enabling Customers to Buy Tokenized Securities

Newly launched Belarus-based platform will allow traders to buy shares and other traditional assets with digital currencies. Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15. The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According […]

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Spanish Energy Firm Repsol Claims Blockchain Can Help It Save 400,000 Euro per Year

Major Spanish energy firm Repsol has started using blockchain to improve the safety certification process of its petrochemical products. Madrid-based energy company Repsol reported a successful test of a blockchain pilot to improve the quality of safety certification of its products. Cointelegraph in Spanish reported the news on Jan. 15. Established in 1987, Repsol is […]

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