Thailand’s Revenue Departments Tests Blockchain for Tracking Value-Added Tax Payments

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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German Federal Economic Ministry Wants to Combat Tax Fraud with Blockchain

The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes. The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22. Following the major European tax fraud scheme CumEx-Files, the […]

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Trading Bots vs Humans, Explained

Who’s better at turning a profit in the dynamic crypto world – a human or a bot? Several factors can determine whether traders or technology have the upper hand. What should I do to get the most out of my crypto bot? As we’ve mentioned, doing your homework and backtesting strategies can be a helpful […]

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Major South Korean Hospital to Use Blockchain Tech for Medical Information Services

A South Korean hospital plans to use blockchain tech for cross-hospital healthcare information exchange. One of the South Korea’s largest hospitals has partnered with a local tech company to develop a medical services platform based on blockchain technology, according to the hospital’s official press release Nov. 12. Myongji Hospital, located in the city of Goyang, […]

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Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter

The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, […]

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JP Morgan Identifies Three Companies Whose Stock Could Benefit From Blockchain

Investment bank J.P. Morgan Chase has named three companies whose stock could benefit from their deployments of blockchain technology. Investment bank and financial services firm J.P. Morgan Chase has identified three public companies whose stock it believes will benefit from their applications of blockchain technology, CNBC reported Nov. 8. In a note to clients, J.P. […]

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Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies

The Deputy Prime Minister of Thailand has called for more regulation on cryptocurrencies, urging experts not to lag in developing new security practices. The Deputy Prime Minister of Thailand Wissanu Krea-ngam has called for more regulations on cryptocurrencies, local news daily the Bangkok Post reports Nov. 8. While Thailand introduced a regulatory framework for cryptocurrencies […]

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