Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform

Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others. Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14. Following the two-week funding round, the company revealed its intention […]

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University of Bahrain Will Issue Diplomas on the Blockchain Employing Blockcerts

The University of Bahrain will issue diplomas on the blockchain employing the Blockcerts open standard. The University of Bahrain will issue diplomas on the blockchain, English-language local media Trade Arabia reports on Jan. 13. According to the aforementioned article, the university employs the Blockcerts open standard in partnership with Learning Machine, a startup providing a […]

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Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

Mongolia’s capital city administration is set to replace utility bills and government subsidies with blockchain-based payment methods. Mongolia’s capital city of Ulaanbaatar has partnered with a stablecoin company to release instant money transfer and lending services, Asia’s largest tech media platform e27 reported on Jan. 11. Ulaanbaatar City’s administration has agreed to partner with a […]

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China Introduces New Anti-Anonymity Regulations for Blockchain-Related Companies

China has introduced new guidelines seeking to eliminate anonymity in blockchain networks. The Cyberspace Administration of China (CAC) has introduced new regulations for blockchain firms that are operating in the country. The announcement was published on the regulator’s website on Thursday, Jan. 10. According to the CAC, the guidelines, which will come into force on […]

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Blockchain is Boosting the Health Sector by Unifying Patient Data and Increasing Funding for Medical Research

Blockchain will boost the health industry by integrating patient data and widening medical research. People are living longer in the 21st Century, but what’s less recognized is that, despite our increasing longevity, we’re also getting sicker. According to research, the number of people over 65 afflicted with at least four medical conditions is on course […]

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Blockchain Travel Service to Offer Hotels 20 Percent Cheaper Than on Booking.com or AirBnb

sponsored This service is aiming to switch to a “zero percent commission on retail bookings” model by utilizing smart contracts. The Europe-based company LockTrip wants to put the accommodation industry on the blockchain by creating “the first functional blockchain-based travel service.” The team says it already offers 100,000 hotels and more than 1,500 vacation rentals […]

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Thai National Tech Development Center to Introduce Blockchain in Voting

A Thai government center for IT, telecoms and computing R&D has developed a blockchain-based e-voting system. The National Electronics and Computer Technology Center (NECTEC) of Thailand has developed blockchain technology for e-voting, the Bangkok Post reports on Jan. 2. NECTEC is a statutory government organization that operates under the purview of the National Science and […]

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