National Swiss Railway Operator Completes Pilot of Blockchain ID Management System

Swiss Federal Railways tests a blockchain-powered ID management system designed to increase the efficiency of paper-based processes. The national railway company of Switzerland has completed a proof of concept (PoC) of a “self-sovereign” blockchain-based identity management system, according to a press release shared with Cointelegraph. Swiss Federal Railways’ (SBB) product was developed by Linum Labs, […]

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China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline

Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]

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New Crypto Backed by Gold and Silver Can Now Be Used to Buy Tickets to Sport Events

sponsored A monetary system that has created digital currencies backed by gold and silver has struck partnerships with exchanges and retailers who are interested in its product. An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation […]

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Singapore’s State Investment Firm Backed R3 as Part of Blockchain and AI-Focused Strategy

Singapore’s state investment firm Temasek invested in enterprise blockchain software firm and global banking consortium R3 Singapore’s state investment firm Temasek Holdings Pte has invested in enterprise blockchain software firm and global banking consortium R3, according to a Bloomberg report Nov. 22. Temasek is a Singapore government-owned investment company, which has reported its Asia-focused portfolio […]

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Japan: Zaif Exchange Handover Complete as Previous Owner Vows to Dissolve Company

Fisco will now be in charge of refunding users from Japanese crypto exchange Zaif’s hack, which should begin this month. Tech Bureau, the company that formerly operated hacked Japanese cryptocurrency exchange Zaif, has completed its handover to buyer Fisco Cryptocurrency Exchange (FCCE), Cointelegraph Japan reported Nov. 22. FCCE, which agreed to take over proceedings in […]

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