Tag: blockchain

Experts: Finance Firms Need to Replace IT Infrastructure to Adopt Blockchain and Crypto

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According to some industry experts, entering the crypto and blockchain space will require some companies to rethink how they organize their IT infrastructure. Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies, Scotland’s national news outlet the Scotsman reported Nov. 9. […]

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Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain

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The Ministry of Education of Malaysia is setting up a NEM blockchain-based university consortium to combat degree fraud. The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the ministry’s tweet, the system is designed to issue […]

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Drug Barons, Rogue States and Terror Groups Use Banks – Can Blockchain Stop Them?

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sponsored Banks have been intentionally – and unwittingly – doing business with drug kingpins and rogue nations. A blockchain network says it can help them avoid eye-watering fines.   Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling them to commit money laundering, make questionable transfers […]

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Scaling-Focused Blockchain Platform MultiVAC Claims ‘Breakthrough in Sharding’

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Blockchain platform MultiVAC has published its sharding data, claiming to be on the path to “solving” blockchain scaling issues. Blockchain platform MultiVAC has claimed it has reached a “breakthrough” in the blockchain scaling technology sharding, according to a press-release Nov. 5. According to the company’s release, MultiVAC reported achieving 30,784 transactions per second (TPS) using […]

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U.S. Law Firm Files Claims Against AT&T, T-Mobile Over SIM Swap-Enabled Crypto Thefts

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U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile on behalf of crypto holders who suffered thefts due to “SIM-swaps.”   U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published […]

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Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head

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ICOs will soon debut in Thailand under formal legislation that regulates the entire cryptocurrency sector, says Thai SEC. Thailand’s securities regulator will clear “at least one” Initial Coin Offering (ICO) “portal” to operate legally in November, local daily news outlet Bangkok Post reported Nov. 8. Speaking to the publication, Rapee Sucharitakul, secretary general of the […]

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ConsenSys’ Kaleido, Amazon Web Services Launch ‘Blockchain Marketplace’ for Enterprises

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ConsenSys’ blockchain startup Kaleido and Amazon Web Services (AWS) have launched a full-stack platform to accelerate enterprise blockchain adoption. ConsenSys’ blockchain startup Kaleido and Amazon Web Services (AWS) have launched a full-stack platform that helps enterprises implement blockchain solutions, according to a press release published Nov. 8. The platform, dubbed Kaleido Marketplace, reportedly “eliminates 80 […]

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Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency

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A subsidiary of Canadian bank VersaBank has completed beta testing of its new solution, which targets exchanges and crypto funds as clients. A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8. VersaVault, which announced its so-called “digital safety […]

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