World Bank President Jim Yong Kim has stated that blockchain technology has “huge potential” that can help the organization “leapfrog generations of bad practice.” The president of the World Bank Group Jim Yong Kim has stated that distributed ledger technology (DLT) has “huge potential” and that the bank should keep pace with innovative technologies. Kim […]
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Technology from the Mobility Open Blockchain Initiative’s tournament for blockchain in auto tech will be showcased publically at an event hosted by BMW next year. The Mobility Open Blockchain Initiative (MOBI), and the Trusted IoT Alliance (TIoTA) have launched a tournament for blockchain applications in vehicles, according to an official press release published Oct. 10. […]
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Blockchain isn’t a solution to the UK’s post-Brexit Irish border dilemma. Blockchain has one new supporter: the UK finance minister Philip Hammond. Quizzed at the Conservative Party conference on how the UK government might solve Brexit’s UK-Irish border issue, he suggested that blockchain technology may be a solution. “There is technology becoming available […] I […]
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What “Blockchain Promotional Act 2018” might mean for the US industry. Last week, two US lawmakers introduced a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives. Its main purpose is to establish a common definition of ‘blockchain’ technology along with a blockchain working group that would potentially overview studies for federal […]
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Blythe Masters has confirmed her belief that blockchain will shake up commodities. Former JPMorgan executive Blythe Masters predicts “tens if not hundreds” of blockchain projects will soon increase the efficiency of commodity markets, Bloomberg reports Tuesday, Oct. 9. Masters, who since leaving the investment banking giant has become CEO of her own software outfit Digital […]
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Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. Reports in The Edge Markets on Friday (Oct. 5) said MyEG is rolling out “PayMe” software, a tool allowing employers to manage payroll functions, like overtime, more accurately. PayMe will first be introduced in a pilot phase in select markets, reports […]
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Law enforcement agencies and the military could benefit from blockchain as much as financial institutions do. Blockchain-based systems’ decentralized nature makes for their formidable resiliency to the outsiders’ attempts to infiltrate or take down such networks. Governments, law enforcement agencies and even military leadership around the world seem to be embracing a more blockchain-friendly way […]
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South Africa has taken a conservatively optimistic stance toward cryptocurrencies — balancing development with investor protection. Blockchain and cryptocurrencies have proliferated the minds of millions across the world, as trading and crypto asset ownership continues to rise. In the same breathe, many countries across the world have taken a tough stance against cryptocurrencies in particular. […]
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Supreme court appointments are a media circus that’s amplified online while friends and family go to war on Facebook and other social media channels. Justices are supposed to uphold the constitution, yet the left and right go to war in a partisan battle to stack the court in their favor. Liberty-minded individuals like Judge Napolitano are […]
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Malta’s Prime Minister has said that cryptocurrencies are the “inevitable future of money,” and that blockchain can galvanize a more transparent society. The Prime Minister of Malta, Joseph Muscat, has said that cryptocurrencies are the “inevitable future of money,” and that blockchain can galvanize a more transparent and equitable society. The Prime Minister made his […]
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