Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank SCB and state oil company PTTEP have successfully tested blockchain use. Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its […]

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China’s Forex Regulator Develops Blockchain Trade Finance Solution Pilot

China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces. China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to […]

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Telecoms Giant NTT’s Thai Unit Plans to Launch Blockchain, AI, IOT Innovation Lab

The Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Thai English-language newspaper the Bangkok Post reported on the development on April […]

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‘Blockchain Bandit’ Has Stolen 45,000 ETH by Guessing Weak Private Keys, Report Claims

A sophisticated hacker is siphoning money from crypto wallets with weak private keys, according to a senior security analyst. A “blockchain bandit” has managed to amass almost 45,000 ether (ETH) by successfully guessing weak private keys, according to a report released by Independent Security Evaluators on April 23. Adrian Bednarek, a senior security analyst, said he discovered […]

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