UN drugs and crime wing advises Kenya to use blockchain against corruption

Blockchain can reportedly return billions of dollars back to Kenya’s budget. Blockchain technology can help countries like Kenya from losing billions of dollars to corruption, according to an official at the United Nations’ drugs and crime agency. David Robinson, the regional anti-corruption advisor at the UN’s Office on Drugs and Crime, believes that new technologies […]

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HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore

HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit. The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from […]

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Blockchain can be a cryptographic tool for nuclear disarmament: study

Can blockchain technology de-escalate nuclear tensions? Researchers at the Centre for Science and Security Studies at King’s College London have turned to analyzing “non-political” solutions for the problem of nuclear disarmament. The researchers’ new report notes that the multilateral nuclear order consolidated around the United Nations’ Non-Proliferation-Treaty, or NPT, has been consistently beset by problems […]

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Declaring a crackdown? What to make of the DoJ crypto framework release

The U.S. Department of Justice has articulated its digital enforcement strategy, putting the crypto community on notice. The United States Attorney General’s Cyber-Digital Task Force recently unveiled the result of its months-long effort to evaluate emerging cryptocurrency-related threats and articulate law enforcement strategies for countering them. The resulting guidance leaves the reader with an impression […]

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