Canadian Blockchain Company Signs Contract with Seoul Ministry of Transportation

The Canadian firm Graph Blockchain Inc has partnered with Seoul’s transportation ministry. Canadian tech firm Graph Blockchain Inc. has partnered with the Ministry of Transportation in Seoul, South Korea, to run a pilot program for blockchain-based traffic data storage, according to a news release on June 24. Graph Blockchain reportedly signed a contract for around […]

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Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle

Turmoil over the leadership of the Brazilian Development Bank may pose challenges to cryptocurrency trials. On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president.  Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique […]

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SWIFT to Allow GPI Payments on Blockchain Platforms

SWIFT will enable blockchain-based platforms to use its global payments innovation platform. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms to use its global payments innovation (GPI) platform, according to a recently published report. In the report, SWIFT revealed that it will soon allow GPI payments on DLT-base […]

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Coinbase CEO Praises Privacy While Allegedly Blacklisting Anonymous Transactions

Co-founder and CEO of major U.S.-based cryptocurrency exchange Coinbase Brian Armstrong attracted criticism after praising private crypto transactions. Co-founder and CEO of major U.S.-based cryptocurrency exchange Coinbase Brian Armstrong attracted criticism after praising private crypto transactions in a tweet published on June 22. In the aforementioned tweet, Armstrong notes that “a scalable, sufficiently decentralized, chain […]

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A Blockchain System for Azerbaijan’s Digital Economy

A Caucasian nation is on the path to digital transformation, and blockchain-powered identification system is one of its cornerstones. Azerbaijan has been a hotbed for a series of ambitious fintech-related announcements over the past several months, as the nation’s authorities were apparently moving to implement a series of innovative technological solutions in banking and e-government […]

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