German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry. Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news […]
Continue Reading
Mercedes-Benz parent company Daimler AG and mechanical engineering firm Dürr AG have conducted a pilot transaction on the Marco Polo trade finance network. Mercedes-Benz parent company Daimler AG and mechanical engineering firm Dürr AG have conducted a pilot transaction on blockchain software firm R3’s Marco Polo trade finance network. Per a press release published on […]
Continue Reading
Multiple EU politicians are calling for a united European digital currency to counter Facebook’s stablecoin project Libra. The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. […]
Continue Reading
Crypto exchange Binance has been awarded an internationally recognized security accreditation, ISO/IEC 27001, following two external audits of its information security systems. Cryptocurrency exchange Binance has been awarded an internationally recognized security accreditation, ISO/IEC 27001, following two external audits of its information security systems. The exchange shared news of its accreditation in an official tweet […]
Continue Reading
Samsung’s entry into the crypto mining industry could disrupt the entire ecosystem if its latest patent comes to life. Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by […]
Continue Reading
The Central Bank of Brazil considers crypto assets in the trade balance, following part of the IMF’s guidelines. Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance […]
Continue Reading
The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin, are neither financial assets nor legal tender. The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin (BTC), are neither financial assets nor legal tender. The Korea Times reported the development on Sept. 23, citing the Korea Accounting Institute’s […]
Continue Reading
The Blockchain Transparency Institute finds that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry. The Blockchain Transparency Institute (BTI) has released its latest market surveillance report which states that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry. BTI cleans wash trading from exchanges’ volumes On Sept. 19, […]
Continue Reading
Crypto users are still at the mercy of the controls and processes of exchanges, wallets and payment services. The power of cryptocurrency payment service providers is under the spotlight after a $100,000 donation to an Amazon rainforest charity was blocked last month. American cryptocurrency payment service provider BitPay reportedly blocked a Bitcoin payment from charity […]
Continue Reading
Governments and private companies think that blockchain identity systems could empower citizens to take control of personal data. The rapid onset of technological advancement is not evenly spread. Society is increasingly becoming digitally literate and uses emerging technology for work, to communicate and pay for things in ways unimaginable just 15 years ago. So, why […]
Continue Reading