Blockchain

UAE Startup Relies on Blockchain to Flatten Covid-19 Curve

The UAE-based startup incubator, in5, helps to develop blockchain-based methods for controlling the COVID-19 pandemic in the country and thereby flatten the curve. Liber Health, funded by in5, is one of the systems used to identify patients that supports blockchain technology. According to a study published on May 20. They are creating a contactless device […]

Chinese Media Outlets Formed Blockchain-Based News Department

A coalition of 12 Chinese media organizations formed on 21 May. To set up a “blockchain-powered news department” with local television stations, local newspapers, radio stations, and web media allied. The group is consists of media companies from all over the country. According to a report by China Email. Moreover, they use 4.0-based solutions and […]

Austrian Bank Raiffeisen Is Working on a National Digital Currency Pilot

While global governments are pushing ahead with digital currencies in central banks. Private institutions are also seeking to digitize national currencies. Raiffeisen Bank International (RBI), a big Austrian bank, employs blockchain technology to work on a new method of tokenizing the national currency. After a positive test of end-to-end digitized national currency transfers. RBI is […]

Jack Ma Resigns From SoftBank and the Firm Posts Worst Losses in Its History

Jack Ma, the co-founder of Alibaba, stepping down from the board of the Japanese tech giant and the big blockchain backer of SoftBank. After 13 years of close involvement with SoftBank. The richest man in China leaves the board in the midst of SoftBank reporting the worst operating loss in its history. Jack Ma’s exit […]

Japan’s Top Credit Card Issuer Building Blockchain Payment System

JCB, Japan’s biggest credit card issuer, has collaborated with technology accelerator TECHFUND to create a secure transaction platform on the blockchain. The collaboration will leverage TECHFUND ‘s expertise on security token offerings (STOs) and staking to build a new transaction platform, according to a statement released by JCB on May 15. TECHFUND, which also located […]

Lamborghini Is Launching Blockchain-Based Collectible Stamps

Lamborghini Is Launching Blockchain-Based Collectible Stamps

The renowned Italian luxury sports car maker Lamborghini continues to make use of Blockchain in its corporate operations. The well-known company uses blockchain to digitize its collectible stamps, among the latest technological advancements. Lamborghini is releasing the first digital collectible stamps, the “Automobili Lamborghini Collection”. The new release, driven by blockchain technology, is a series […]

China to Officially Set Blockchain Jobs as a New Occupation

The current coronavirus pandemic is changing blockchain businesses, and its effect on the blockchain industry isn’t all negative. Despite the recent changes sparked by the crisis of coronavirus, China is taking another step towards the adoption of blockchain in order to formally acknowledge employment in the industry. The ministry responsible for national labor policies and […]

ArtID, a Digital Art Platform Based in Ethereum, Releases Security Tokens

ArtID, a Digital Art Platform Based in Ethereum, Releases Security Tokens

Ethereum-powered digital art platform ArtID kept a security token offering to fund its marketplace’s further growth. According to an announcement on April 29, ArtID is seeking €5 million (nearly $5.5 million) in the deal. And has exceeded the soft limit set at €580,000 within a week. Moreover, Investors holding security tokens from the network will […]