Blockchain
South Korea: Regulation on Crypto Exchanges Becomes “Urgent”
After several hacks for the past few months and an audit from the Korean Blockchain Association (KBA) conducted at the beginning of July, the Korean Financial Services Commission urges local legislators to intervene as soon as possible. “Exchanges are not
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Commonwealth Bank Completes New Blockchain-Enabled Global Trade Experiment
Seventeen tonnes of almonds have successfully been shipped and tracked from Sunraysia in Victoria, Australia, to Hamburg in Germany in a blockchain-based collaboration between Commonwealth Bank and five Australian and international supply chain companies. Commonwealth Bank demonstrated a new blockchain
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PH Firm Regent Blockchain Closes $4M Deal and Got Acquired
Philippine company Regent Blockchain Group, Ltd., has raised up to $4 million in a joint venture deal with US-based diversified holding company PHI Group, Inc. The JV firm to be created will engage in offshore financial center and blockchain businesses,
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Singapore Airlines Launches Rumoured Blockchain-Based Digital Wallet, KrisPay
After rumours abound, and the launch of e-wallet BigPay by Air Asia from across the Causeway, Singapore Airlines has finally made their own e-wallet app available for download on iTunes. The KrisPay platform was intended to digitalise the KrisFlyer frequent flyer
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GeTS Launches Open Trade Blockchain to Join China’s Belt Road Initiative
An Open Trade Blockchain (OTB), was just launched in Singapore—the region’s first cross-border blockchain platform that is intended to align with China’s Belt Road Initiative. The Belt Road Initiative is China’s ambitious bid to become more technologically interconnected with the
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Oracle Allows Enterprises to Build Blockchain Applications with New Cloud Service
Oracle, a software provider for enterprises mainly known for its cloud-based services, continues the process of bringing blockchain out of cryptocurrency and now offers it to businesses to, in part, secure transactions, and track goods through global supply chains. Oracle
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Blockchain to Improve Trade Finance
Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome
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Philippines: CEZA Issues First Crypto Trade License To HK Firm Quickpay
The Cagayan Economic Zone Authority (CEZA), the Philippines’ “fintech city” developer, has issued its first financial technology solutions and offshore virtual currency (FTSOVC) license to Hong Kong-based blockchain solutions firm Golden Millennial Quickpay. CEZA Corporate Board Secretary Catherine Joy Alameda
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The Blockchain SPIRIT Hackathon: Searching For The Next Blockchain Superstar
To identify Singapore’s most promising young talents within the blockchain space, Singapore-based cryptocurrency wallet platform Coinhako collaborated with the Nanyang Technological University’s (NTU) SPIRIT Research Centre to organise the inaugural The Blockchain SPIRIT Hackathon competition. The highly successful event saw
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Asian Blockchain Based Social Media Platform Runs Hackathon in Israel
Blockchain-based social media startup Foresting, have announced that they’ve formed a strategic business agreement (MOU) with Israeli video sharing platform, Viewo. As well as enjoying a shared knowledge pool and more progression, the two companies will be hosting a Foresting
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