Author: Gopal Pradhan

Blockchain system to track individuals not infected with high-risk viruses

Blockchain System to Track Individuals without any Virus Infection

Public Health Blockchain Consortium (PHBC) based in Netherland announces the release of a blockchain-based system that can track individuals without any infections from high-risk viruses like COVID-19. The motive behind the development is crystal clear which is to help healthy people stay away from potentially life-threatening diseases. The PHBC announced the release on March 19. […]

Blockchain in Oil and Gas Management

Argentina’s Natural Gas Regulator ‘Enargas’ Launches Blockchain Network

Enargas which is considered Argentina’s biggest natural gas regulator has recently approved a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor which is servicing over 2 million residents in the country. According to an announcement on March 18, the system – named Gasnet – was authorized for nationwide expansion. […]

Bitcoin Trading in Italy

Italy’s Bank ‘Banco Sella’ Allows Bitcoin Trading Service during COVID-19 Lockdown

The growing interest of crypto adoption and the COVID-19 outbreak encourages Italy’s popular bank ‘Banco Sella’ to launch a Bitcoin trading service in the country. Crypto traders can use the bank’s Hype platform to initiate their crypto trading. The bank will only act as an intermediate to mitigate potential security risks with cryptocurrency exchanges. While […]

Tether launches on bitcoin cash network

Tether’s USDT Now Available on BCH Blockchain Network

The world’s biggest stablecoin, Tether’s USDT, just launched on the Bitcoin Cash blockchain network and seen a massive surge of interest in recent weeks because of the haven status. Tether reached a market cap of $5.7 billion, and now more than $180 million was minted over the past week surpassing Bitcoin’s price increase in the […]

Justin Sun's Steemit accused of censoring hive related content

Justin Sun’s Steemit Accused of Censoring Hive Related Content

In the latest development in the Steem saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto tweeted a clip to say that her “neutral explainer video” about the March 20 fork had been removed from the […]

hawaii launches digital currency sandbox to attract crypto firms

Hawaii Launches Digital Currency Sandbox to Attract Crypto Firms

The governor’s office of Hawaii revealed its new “Digital Currency Innovation Lab” on March 17 – a blockchain and cryptocurrency incubator developed through collaboration between the state’s Department of Commerce and Consumer Affairs, Division of Financial Institution (DFI), and the Hawaii Technology Development Corporation (HTDC). The initiative will run for two years, and will allow […]

Blockchain in Agriculture

Blockchain for Australian Farmers: A Shield Against Worsening Climate

Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen – with an increased climate estimated to have reduced yearly profits by 22%. The current bushfire season has had a disastrous impact on the agricultural industry. NASA […]

Monetary Authority of Singapore Issues AML-CFT Guidelines

Just In: Monetary Authority of Singapore Issues AML/CFT Guidelines

Some countries have been late to the party when it comes to recognizing and regulating digital assets. The first time that Singapore’s central bank issued a framework for the regulation of payment-related activities was on Jan. 28 with the Payment Services Act. However, the Monetary Authority of Singapore (MAS) still saw the potential risks that […]

China Everbright Bank Uses Ant Financial DLT for Supply Chain

A Major Chinese Commercial Bank Uses Blockchain-based Supply Chain Finance

Popular as a major commercial bank in China and one of the largest public companies in the world, China Everbright Bank (CEB) is working on introducing a blockchain-based supply chain finance solution in partnership with Ant Financial. Ant Financial, which is widely recognized as the financial arm of the Chinese e-commerce giant, Alibaba, teams up […]

BitMEX Report: Issuance of CBDCs may lead to inflation

BitMEX Report: Issuance of CBDCs May Lead to Inflation

A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy. Money Supply In the modern economy, the money supply is largely determined by the banks’ ability and/or willingness to make loans. From a […]