Mastercard has filed a patent that aims to anonymize transactions on a blockchain, rather than just the user behind any individual wallet. Mastercard has filed a patent for a method of anonymizing transactions on a blockchain, according to an application published by the United States Patent and Trademark Office (USPTO) Dec. 9. The filing outlines […]
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Four international banks have completed a live commercial paper transaction based on blockchain consortium R3’s Corda platform. A group of international banks in partnership with enterprise blockchain software firm R3 have completed a live commercial paper transaction based on blockchain platform Corda, Finextra reported Dec. 6. The transaction was implemented on the Corda-based Euro Debt […]
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R3’s Corda platform aims for an adoption boost via a partnership with Japanese financial services giant SBI Holdings. Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5. Quoting local news outlet Nikkei, the report reveals that SBI, which […]
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The U.S. Department of Homeland Security is seeking innovative blockchain-based solutions from startups to prevent the forgery and counterfeiting of digital documents. The United States Department of Homeland Security (DHS) is seeking blockchain-based solutions from startups to prevent the forgery and counterfeiting of digital documents, according to a press release published Dec. 4. According to […]
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Recap of the G-20 summit in Argentina. Members of the Group of 20 (G-20), an international forum for the governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on sustainable development of the global economy. Declaration summary: Crypto is important, but it needs to be put under […]
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During an EU meeting, seven southern EU member states released a declaration asking for help in the promotion of blockchain. Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4. The declaration was […]
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Four major blockchain companies have formed a “Blockchain for Europe” Association in a bid to promote the understanding and proactive regulation of blockchain across the continent. Four major blockchain companies have formed a “Blockchain for Europe” Association, according to a press release Dec. 5. The association seeks to promote the understanding and proactive regulation of […]
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With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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A new, scalable blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding. A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital. The funding was reported by Fortune’s crypto-focused news section […]
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Thailand’s Revenue Department is conducting tests of a blockchain system for tracking value-added tax (VAT) payments. Thailand’s Revenue Department is testing blockchain to track value-added tax (VAT) payments, English-language media outlet Bangkok Post (BP) reports Dec. 3. Ekniti Nitithanprapas, director general of the Thai Revenue Department, said that the department “wants to use blockchain technology […]
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