Author: Puja Mohanta

AB InBev

AB InBev Partners With BanQu To Assist Unbanked Workers

Anheuser-Busch InBev, the creator of Budweiser will invest in blockchain technology. This investment intends to help unbanked workers. The major brewing firm AB InBev has teamed up with BanQu through its growth and innovation wing ZX Ventures. It has funded Series A round for blockchain-as-a-service (BaaS) startup BanQu. This information comes from an official announcement. […]

Microsoft's Application Suite for agriculture in Brazil

Microsoft To Launch Blockchain Application Suite For Brazilian Agriculture Sector

Microsoft files application suite based on blockchain and Artificial Intelligence (AI) in Brazil. These applications will help to improve productivity in agriculture. The technology is going by the name of FarmBeats. It will make use of blockchain, drones. IoT, AI, and big data for efficiency. This application suite has already been used in the U.S., […]

IBM nad Nornickel to launch a blockchain educational program

IBM And Nornickel Team Up To Launch A Blockchain Educational Program

The major tech firm IBM and Nornickel joined hands to launch a blockchain educational program. The latter is a leading Russian metal producer on the global front. This information comes from a local news agency. This blockchain educational program will deal with the student’s training, research, and development related to blockchain ecosystems and Internet of […]

Malta needs to work on its AML defends.

Malta Needs To Pump Up AML Defense: European Union

According to the European Union (EU), Malta needs to strengthen its anti-money laundering (AML) policies. It requires to look after the policing to meet the requirements of growing crypto sectors. As per the report, the European Commission says that the island’s financial, gaming industry and growing crypto sectors require strong AML administration. It states in […]

Dutch billionaire lodges complaint against Facebook

Dutch Billionaire Files A Complaint Against Facebook

A Dutch billionaire, John De Mol lodged a complaint against the social media giant Facebook. He is the creator of the shows “Big Brother” and The Voice. Mol claims that Facebook used his images in fraud crypto ads without his permission. This information comes from the¬† Reuters. According to the report, the platform was showing […]

Securities Regulator Of Italy

Securities Regulator of Italy Bans Crypto Investment Firm Tessline

The national securities regulator of Italy, La Commissione Nazionale per le Societ√† e la Borsa (CONSOB) issued a termination notice against Tessline and its cryptocurrency liracoin. Tessline is a crypto investment and trading firm in Italy. According to the notice, the firm and the affiliated entities have violated Article 18 of Italy’s Consolidated Law of […]

Securities and Exchange Commission (SEC)

Securities And Exchange Commission Charges Kik For Unauthorized Sales Of ICO

The Securities and Exchange Commission (SEC) of the U.S has prosecuted against Canadian startup Kik. The firm has been illegally conducting a $100 million securities trade of digital tokens. It was selling the tokens to the U.S. investors without any authorization of the U.S. laws and securities. The news comes from an official press release. […]

Blockchain Powered System

South Korea’s Top Utility Firms To Develop Blockchain-Powered System

South Korea’s top utility firms have joined hands to develop a blockchain-powered system for Renewable Energy Certificates (RECs). Korea Electric Power Corporation (KEPCO) and Nambu Electric Power have signed a contract with the Korea Southern Power Co. for this establishment. KEPCO is the largest electric utility in South Korea. The information comes from a local […]

Tech Firm Fluree Accumulates $4.7 million For New Blockchain Database

The blockchain and software development firm, Fluree has collected $4.7 million during its seed funding round. It aims to develop a new database system called FlureeDB. It is an immutable, time-ordered, decentralized blockchain based database system. The information comes from a report by a tech news outlet. The users can access the database on a […]

British Pound Stablecoin

Binance Working On The New British Pound Stablecoin

The global crypto exchange platform, Binance has come up with a British Pound Stablecoin. The British Pound stablecoin is in the pilot stage on its own blockchain, Binance chain. The information comes from a twitterati CryptoBatsman’s post. The twitterati observed the “$BGBP” listing on the Binance platform. Changpeng Zhao, the CEO of Binance later replied […]