Japan-based Media Do Holdings will spend $2.8 million in distributed ledger technology for the distribution of its e-books. According to a story in the Nikkei newspaper on May 17, Media Do Holdings plans to spend 300 million yen — around $2.8 million at the time of writing — on building a digital ledger for the […]
In the blockchain space, China’s government and its federal authorities are increasingly becoming active in moving forward innovation across the region. The government recently issued an official notice stating that they have set up a technical committee of 15 organizations to formulate national blockchain principles and distributed ledger technology. It comes only three days after […]
As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature. CULedger, a major fintech firm coordinated by an American national trade association, has commercially launched its blockchain identity platform. Formerly known as MyCUID, CULedger’s blockchain-based identity verification solution MemberPass is now commercially available after a […]
Walmart Canada in collaboration with DLT Labs has launched the world’s largest full production blockchain solution for any industrial application. The blockchain-based freight invoice and payment reconciliation solution is now rolling out across Walmart Canada’s 60 transportation carriers. Its primary goal is to increase trust, efficiencies, and savings between Walmart and its carriers. However, all […]
The government of Catalonia has launched a new project, ‘IdentiCAT’ based on distributed ledger technology (DLT). It will create a decentralized and self-sovereign digital identity for the citizens of Catalonia…
The Washington State has introduced a bill, SB5638, to promote the development of distributed ledger and blockchain technology. The bill is an addition to the already existing act, “Washington Electronic Authentication Act”, with certain revisions in the “purpose and construction” and “definitions” sections. The State has also aligned with companies such as NEM, StormX, RChain, and Stably to build a robust blockchain scene.
The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), to aid its Fintech related activities including Distributed Ledger Technology (DLT) and Digital Assets, as published by officials on Oct. 18.
Sumitomo Mitsui Trust Bank, or SMTB, a Japanese bank, launched its first asset-backed securities token on March 29 in collaboration with Securitize. The instrument is the first security token to enter the Japanese market that complies with the Financial Instruments. And Exchange Act (FIEA). In addition, Rating and Investment Information, Inc, a Japanese rating agency. […]
The director-general of the National Information Technology Development Agency of Nigeria, or NITDA. Said the country could potentially expect blockchain technology to generate revenues of between $6 billion and $10 billion over the next ten years. Director-General Kashifu Inuwa spoke at a stakeholder meeting in the Nigerian capital of Abuja to review the Agency’s National […]
The financial institution will partner with the Commonwealth Bank, National Australia Bank. The financial services company Perpetual, and software company ConsenSys on a project to explore the potential use of a wholesale central bank digital currency in the country using “Ethereum-based distributed ledger technology”. According to a Nov. 2 announcement from The Reserve Bank of […]