People's Bank of China Pledges to "Accelerate" Blockchain Development, Boost Local Industry | BTCMANAGER

The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country.  China’s Blockchain Push Reported by local publication Sina News on May 13, the committee was headed by the bank’s deputy governor, Fan Yifei, who urged officials to create regulations, […]

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U.S. Department of Defense to Use Blockchain-Enabled Platform to Safeguard Confidential R&D Data | BTCMANAGER

According to a press release issued on May 12, 2020, cloud-based smart contract as a service (ScaaS) platform SIMBA Chain has been awarded a contract by the U.S. Department of Defense (DOD) to develop a single, blockchain-powered proof-of-concept to secure sensitive R&D data. SIMBA Chain to Provide Secure Cloud-Based Data Sharing Platform In a bid to improve the integration, security, […]

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Matic (MATIC), aeternity and Harmony Offer Assistance to Indian DLT Startups | BTCMANAGER

Matic Network (MATIC), a blockchain scalability platform that claims to provide users with secure, scalable, and superfast transactions via its Proof of Stake (PoS) side chain technology, T-Block, aeternity, and Harmony, have joined forces with India’s Telangana Blockchain District  T-Block Accelerator. The partnership is aimed at providing the necessary resources blockchain startups in the region need to succeed, reports Telangana […]

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Blockpass, Tozex Partner On Fully KYC & AML Compliant Crypto Trading

Self-sovereign identity application Blockpass has announced its strategic collaboration and partnership with crypto asset platform Tozex. Blockpass is digital identity application and service that provides a streamlined and cost-effective user on-boarding process for regulated industries and any kind of online service. Its KYC solution, called KYC Connect, uses blockchain technology and smart contracts to solve tedious KYC and AML compliance […]

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China’s Tencent Begins Blockchain Accelerator Program  | BTCMANAGER

Tencent, a leading Chinese technology giant that doubles as the world’s largest video game company have announced the launch of its blockchain accelerator program. Tencent says it plans to mentor 30 companies in three major areas of distributed ledger technology (DLT), including finance, logistics, supply chain, and more, according to a press release on April 30, 2020. Tencent Rolls Out […]

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Hedera Hashgraph Blockchain Being Used to Prevent Coupon Fraud | BTCMANAGER

According to a Forbes report published on April 27, 2020, non-profit platform Coupon Bureau is set to adopt Hedera Hashgraph’s blockchain to mitigate risks associated with coupon fraud. Hedera Hashgraph Blockchain to Tackle Coupon Frauds Coupon Bureau, an industry-managed coupon data exchange platform that comprises retail giants including Target and General Mills, among others, is leveraging Hedera Hashgraph’s distributed ledger […]

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PwC, Others Launch Blockchain-Based Luxury Goods Authentication Solution  | BTCMANAGER

PricewaterhouseCoopers (PwC), a multinational professional services network has joined forces with Luxochain, a distributed ledger technology (DLT) project dedicated to tackling the counterfeit market, Temera and Var Group, to roll out a blockchain solution for luxury goods authentication, according to a Ledger Insights report on April 22, 2020. Eliminating Fake Products with Blockchain  According to a research report released by […]

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Japanese Content Creators to Benefit with Latest Blockchain Technology Use-Case | BTCMANAGER

Japanese advertising giant Dentsu has inked a partnership with Kadokawa Ascii research to leverage blockchain technology to make it easier for content creators to get their work recognized on popular social media platforms. This, according to a report by Nikkei, April 20, 2020. Using Blockchain for Content Recognition Dentsu, a Japanese advertising firm, has turned its attention to distributed ledger […]

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