NH Bank rolls out first commercial use of a blockchain ID system developed by major South Korean firms like Samsung and LG Uplus. A major blockchain identification project backed by South Korean tech giant Samsung is being rolled out for first commercial use. South Korea’s NongHyup (NH) Bank has introduced a blockchain-based mobile ID system […]
Continue Reading
Alex Dreyfus, CEO of sports blockchain venture Chiliz, explains the relationship between the sports industry and crypto. It seemed nobody cared about AR until Pokémon Go launched in 2016. All of the sudden, every headline was about how augmented reality could change the world. Sophisticated technologies like AR, virtual reality, and artificial intelligence need their […]
Continue Reading
Identity digitalization: How China is taking major steps to use blockchain in the government sector. News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country. President Xi identified […]
Continue Reading
South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset […]
Continue Reading
SK Group’s securities arm SK Securities teamed up with blockchain real estate firm Kasa Korea for a digital real estate beneficiary platform. SK Securities, a branch of South Korea’s largest telecom SK Group, has partnered with a local blockchain firm for a digital real estate beneficiary platform. The securities operator has signed a business agreement […]
Continue Reading
Fintech startup Ripple has transferred 500 million XRP tokens, valued at almost $130 million, from its escrow wallet to the firm. Fintech startup Ripple has transferred 500 million XRP tokens from its escrow wallet, according to data from Whale Alert, a live tracker for cryptocurrency transactions, on Sept. 3. The San Francisco-based firm has moved […]
Continue Reading
The Enterprise Ethereum Alliance has released a new blockchain standards document, this time focusing on blockchain solutions in the telecoms sector. The Enterprise Ethereum Alliance (EEA), an organization that aims to establish standards in the blockchain sector, has published a collection of use cases for blockchain in telecommunications. Blockchain solutions for telecoms The EEA shared […]
Continue Reading
Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations since 2015. Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable illustrated account development throughout 2018, and provided insights into its growth since its establishment. Generally, the […]
Continue Reading
Crypto developers in Iran have created a charity platform for crypto donations in an effort to bypass United States sanctions. Volunteer cryptocurrency developers in Iran have created a blockchain platform called IranRescueBit, which allows people to make charitable cryptocurrency donations to aid regions in the country in recovering from destructive flooding. Al Jazeera shared the […]
Continue Reading
South Korean holding company SK C&C has developed a platform for charitable donations, using a fork off of Ripple’s blockchain. South Korean holding company SK C&C has unveiled plans for a donation platform that is based on a Ripple blockchain fork. Moreover, the platform will support a stablecoin linked at a 1:1 ratio to the […]
Continue Reading