Report: Bank of China Joins New Blockchain Platform for Property Buyers

Hong Kong property development firm New World Development and ASTRI will jointly launch a blockchain platform designed to reduce paperwork during mortgage applications. Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute (ASTRI) will jointly launch a blockchain platform for home buyers with the Bank of China reportedly […]

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Indian E-Commerce Giant Partners With Blockchain Logistics and Shipping Platform

India’s largest e-commerce firm mjunction has partnered with blockchain shipping firm Shipnext. India’s largest e-commerce firm, mjunction services limited, has entered into a strategic partnership with blockchain shipping firm Shipnext, global maritime news agency Sea News reports Feb. 20. The new partnership intends to boost efficiency across mjunction’s supply chain, bringing value-added services to its […]

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Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

From Venezuela to India, crypto is being increasingly used in times of economic crisis. Just when it seemed like the economic and political situation in Venezuela couldn’t get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 […]

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Japan’s Second-Largest Securities Brokerage Daiwa Completes Blockchain Pilot

The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the […]

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New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology

A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published […]

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CEO of Japanese Finance Giant SBI Vests His Crypto Industry Hopes in Ripple and R3

Yoshitaka Kitao is vesting his future hopes for crypto in Ripple and R3 technologies. Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his […]

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Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

SMBC conducted a proof-of-concept of R3’s Marco Polo with a multinational Japanese player. Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating […]

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