The European Parliament has announced a provisional resolution aimed at increasing the adoption of blockchain technology in trade and administration. Termed as ‘Blockchain: a forward-looking trade policy’, the resolution describes blockchain technology as a private and permissioned distributed ledger technology that has the potential to benefit various case studies and industries.
Binance Labs, venture wing of cryptocurrency exchange Binance, has introduced the first batch of blockchain projects from its Incubation Program. The projects selected by Binance include SafePal, a hardware wallet platform; Torus, a developer of fictionless logins for decentralized apps; Nym, an Internet security project, and Deaux, a market prediction startup.
The Central Bank of Bahrain (CBB) has prepared draft rules for regulation of digital assets and related aspects of the nation’s crypto industry. The CBB rules cover the implementation of a licensing regime for crypto-trading services providers. In addition, a supervisory mechanism has also been developed for companies offering crypto assets related services.
AT&T has announced that it is seeking patent for a blockchain-enabled social media history ‘Mapping’. The patent application defines a blockchain-based platform that will have a transaction history controller to store subscribers’ data. The patent filed outlines several particular cases such as creating and sharing information, ideas, and career interests via virtual communities.
Civic, a blockchain startup, has announced the appointment of Phillip Shoemaker as executive director of Identity.com, its Ethereum blockchain-based decentralized identity platform. In the past, Shoemaker has worked as senior director of the Apple App Store Review team for over seven years. He left Apple in 2016, and since then he has been associated with various blockchain projects and startups.
LinkedIn has reported a 33% increase in blockchain-related jobs in 2018. The company has stated that as compared to previous year, the demand for blockchain development professionals has gone notably high in the US. And, the top companies to hire blockchain experts in 2018 are IBM, ConsenSys and Chainyard with job locations being San Francisco, New York City and Atlanta.
Swych has launched a blockchain-based gifting platform aimed at eliminating the fees and other friction points linked to cross-border gifting. The company claims to offer instant digital gifting transactions with zero processing fees. As reported, the Swych gifts can be redeemed and spent at any retailer that’s linked with the Swych network.
Tymlez Group Ltd, a Dutch blockchain enterprise platform, has announced its plans to begin trading on the Australian Stock Exchange. The firm has also confirmed its plans for geographic expansion and launch of Beta version of the Tymlez platform in Q1 2019. The company aims to boost its marketing and sales activities with the initiative.
Orbs, an Israeli hybrid blockchain company, has signed a partnership agreement with the venture arm of Kakao, a South Korean internet group. Earlier, the company had partnered with Kakao blockchain subsidiary Ground X to carry out research, development, and deployment of blockchain applications. As reported, the new investment will help Orbs further the protocol’s development and growth.
Huobi Group, a digital asset financial service provider, has announced the opening of a new office in Russia. Huobi Russia will work in partnership with the VEB Digital Transformation Center in blockchain and exchange trading fields. The firm also intends to offer blockchain and business development services to users in Russia.