Russia’s Ministry of Education Introduces System for Tracking Diamonds via Blockchain

The Ministry of Education and Science of Russia has introduced a blockchain-based platform for tracking natural diamonds. Russia’s Ministry of Education and Science (Minobrnauki) has introduced a blockchain-enabled platform for tracking natural diamonds, government-backed news agency TASS reports today, Jan. 30. The new Russian diamond tracking technology claims to fully guarantee the authenticity of diamond […]

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Japanese IT Giant Fujitsu Completes Test of Blockchain Electricity Sharing Project

The trial scheme involved increasing efficiency of a power sharing process called Demand Response (DR). Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29. Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase […]

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Report: New Zealand Cryptopia Exchange Hack Continues

The hacker who breached New Zealand-based crypto exchange Cryptopia reportedly still has access to the exchange’s wallets. Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a […]

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JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

A recent report from JPMorgan reportedly notes the potential for blockchain technology in banking and payments. Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global […]

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World’s Largest Gun Auction Site GunBroker.com to Add Stablecoin ‘FreedomCoin’

World’s largest online firearms auction site GunBroker.com and ICOx Innovations announce the planned integration of new crypto stablecoin “FreedomCoin.” Major United States-based firearms marketplace GunBroker.com will integrate a new stablecoin dubbed “FreedomCoin” as a payment method, according to a press release from the coin’s developers, Jan 29. Blockchain startup ICOx Innovations announced the coin today […]

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