Author: Rajat Patel

The United Arab Emirates is debuting a blockchain-based Know Your Customer

Dubai Debuts National Data Platform Powered by Blockchain

This platform is set to become a national system for the exchange of verified customer information. The Economic Development Department of Dubai, or DED. And the state-run bank Emirates NBD are carrying out their so-called UAE KYC blockchain network. 120 Local companies have signed up for Emirates NBD platform The new blockchain platform, first unveiled […]

Guizhou in China Launches Blockchain-Powered Int’l Trading Platform

Another Chinese province announced that a blockchain-powered, cross-border financial service platform is about to launch. Per Haiwainet, Guizhou Province, expected to launch the initiative this month in the mountainous southwest of China. The foreign-exchange administrator of the province is the genius of the site. The administrator said he’s been working on the project with the […]

Blockchain the Answer for Power Provider as China Energy Demand Soars

Blockchain the Answer for Power Provider as China Energy Demand Soars with summer temperatures climbing. And production rising in the wake of the coronavirus pandemic, power suppliers in Dongguan, an industrial town in Guangdong province of China, said they experienced a massive surge in demand – and are responding with a blockchain-powered solution. The initiative […]

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

A group of hackers linked to the North Korean regime kept their efforts at crypto-extortion alive in 2020. According to a report published by Chainalysis, a group of North Korean hackers operating under the name “Lazarus” targeted several crypto-exchanges last year. One of the attacks involved creating a fake trading bot that had been offered […]

Bitcoin

Bitcoin Up in a Year Again: Hits USD 11,000, Dominance Grows

It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited level of USD 10,000 to USD 11,000, boosting its market dominance and again showing positive returns in the past 12 months. However, even among the top 10 coins, BTC is still not the best performer. At pixel time (04:40 […]

SBI Launches ‘Digital Token Issuance Platform’ on Corda Blockchain

Japanese financial giant SBI Holdings has unveiled a platform that will enable companies. And regional government agencies to issue “digital tokens” through the Corda blockchain network of the American firm R3. The company said by an official statement its platform is named S Coin. The solution is intended for businesses, it said. But SBI has […]

PlexCoin

Three people behind the alleged scam of PlexCoin ICO

Three Canadian citizens who were involved in an alleged initial coin offering scam from the PlexCorps crypto project were charged with fraud over 8 million dollar conning investors. According to a statement from the U.S. July 24, PlexCorps owners Dominic Lacroix and Sabrina Paradis-Royer. As well as former employee Yan Ouellet was charged with five […]

Otaku Coin Association

Japan Otaku Coin Association Welcomes New Leadership

The Otaku Coin Association formed to connect Japanese animation fans. Has announced leading figures from the anime and the blockchain industry will join its leadership team. Dentsu Japanimation Studio executives and the Hakuhodo Blockchain Initiative will join the Otaku Coin Association (OCA) as new directors. According to a July 27 article in the Japanese news […]

Bitcoin Target $10,500 After BTC Managed a Strong Weekly Close

Bitcoin aim $10,500 after BTC managed a solid weekly close Within the last hour, the price of Bitcoin (BTC) surged above $10,000 to reach a new monthly peak of $10,315. The move came after a very uneventful weekly closing which saw CoinMarketCap’s top-ranked digital asset close above an significant downward trend of several years. A […]