After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape. Professional services firm KPMG has published a report predicting that blockchain will be one of five emerging technology sectors to see increased investment from enterprises over the next 12 months. Titled […]
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Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins. Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is […]
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Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them. In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers. The document establishes the anti-money laundering and counter-terrorism (AML/CFT) requirements that regulated VASPs — the term […]
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AI development and evolution can significantly improve blockchain tech and the crypto industry, from security to trading. From performing simple commands on smartphones using Alexa or Siri to high-end technical operations in big tech firms, one thing is sure: Ease is a necessity in the modern human experience. The 21st century has marked a rapid […]
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Tokenizing blood may help with supply chain efficiencies, creating a way to trace blood from the donor to the hospital. A system in which health officials would be able to track blood donations from vein-to-vein in real-time, given the complexities of the blood supply chain, may sound impossible. However, using blockchain technology to track and […]
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Australian experts suggest blockchain is an integral part to protecting Australia’s business and government from cyber attacks. A cyber security and blockchain forum with leading Australian experts and government officials has identified blockchain technology as a direct response to an increase in cyber attacks targeting the integrity of systems through manipulating data. Recently appointed Blockchain […]
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According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.” According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.” A report excerpt recently released by HFS for Big […]
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Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha, […]
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Alibaba’s payments arm Ant Group has launched a new blockchain solution, AntChain, for increased trust and transparency in industrial processes. The payments subsidiary of the Chinese e-commerce giant Alibaba, Ant Group, today launched a new blockchain solution dubbed AntChain. According to a report published on South China Morning Post, AntChain is built on top of […]
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Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency. The Bank of Korea has reportedly chosen to establish a “Digital Innovation department” through organizational reform in the second half of this year, according to the local news on July 22. Leveraging innovative technologies for efficiency […]
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