Major Chinese shipping firm China Shipbuilding Industry Company Limited will explore applying blockchain tech to upstream supply chain financing following a new partnership. China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a […]
Continue Reading
Huobi’s CEO met with senior Argentinian finance officials to discuss the role of blockchain and crypto in the country’s economy. Huobi Group CEO Leon Li met with senior Argentinian finance officials this week to discuss the role of blockchain and crypto in the country’s economy, according to a press release shared with Cointelegraph on March […]
Continue Reading
The company thinks an uptick in Bitcoin prices prior to the halving will spur demand for mining hardware. Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning […]
Continue Reading
A founder of IOHK — the firm behind the cryptocurrency Cardano — said that the crypto industry needs more interoperability. Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28. Speaking […]
Continue ReadingRegtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingMost of the top 20 cryptocurrencies are reporting slight to moderate gains, as Bitcoin stays over $4,000. Thursday, March 28 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) stays over $4,000. Market Visualization Courtesy of Coin360 Bitcoin is up nearly half […]
Continue ReadingIndustrial trades leveraged the blockchain-based platform, with goods changing hands between Germany and China. Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions, a press release from Commerzbank, one of the participants, confirmed on March 28. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a […]
Continue ReadingThe president and CEO of Samsung SDS has said that blockchain can improve productivity in manufacturing. The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has said that blockchain can improve productivity in the manufacturing industry. President and CEO Hong Yuan Zhen’s […]
Continue ReadingBlockchain will feature within logistics plans, alongside other technologies such as Internet of Things. Blockchain will be one of the technologies local Chinese authorities will leverage in an overhaul of local transport infrastructure, a government bulletin reported on March 25. New plans recently approved reference blockchain, in addition to other disruptive tools such as big […]
Continue ReadingAccording to a new report from Research and Market platform, blockchain spending in the U.S. will be over $41 billion by 2025. Blockchain spending in the United States will increase from $3.12 billion to $41 billion by 2025, according to a new report published on March 25. A new report dubbed the “United States Blockchain […]
Continue Reading