Blockchain

The European Central Bank will establish clear objectives for its digital currency task force by mid-2020, the bank's president Christine Lagarde said in on Thursday. What Happened Lagarde, who was holding her first-ever press conference as the president of ECB, said that there is a clear...

In an updated filing with the U.S. Securities and Exchange Commission on Wednesday, fintech company OneConnect Financial Technology Ltd changed the amount it is expecting to raise as part of its initial public offering — for the second time in December. Up, Down, Up, And Down Again The...

Twitter Inc (NYSE: TWTR) is seeking to develop a decentralized standard for social media, the company’s chief executive officer Jack Dorsey announced on Wednesday. The social media giant ultimately hopes to be a client of the decentralized standard, Dorsey said. Twitter Was Always Expected To...

Securities and Exchange Commission Chairman Jay Clayton testified Tuesday before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. SEC Optimistic On Blockchain A lot of the concerns raised by Congress members during the hearing related to the agency’s regulation of...

Good day, Blockchain's potential in revolutionizing how logistics gets done is being thwarted by the absence of trust that is necessary for the process to succeed, writes Biju Kewalram, chief digital officer at global logistics firm Agility. As a result, a Catch-22 has formed where the benefits...

The People’s Bank of China has partnered with seven state-owned companies, including four banks and three telecom companies, to test its digital currency, The Block reported on Monday. What Happened The central bank is initially testing the digital currency electronic payment (DCEP...

Cryptocurrencies may have been “additions” rather than “substitutes” thus far in the world of finance, but the next decade could change that, or so says Deutsche Bank AG’s (NYSE: DB) research arm. Growing Discontent With Fiat In the “Image 2030” report,...

In an updated filing with the U.S. Securities and Exchange Commission, OneConnect Financial Technology Limited, a blockchain and AI subsidiary of Chinese insurer Ping An Insurance (Group) Co of China Ltd’s (OTC: PNGAY) increased the amount it hopes to raise as part of its initial...

The Justice Department said a 36-year-old U.S. citizen was charged in a Manhattan federal court Dec. 2 with illegally providing technical information to North Korea on how to use cryptocurrency and blockchain technology to evade sanctions. Authorities took Virgil Griffith into custody at Los...

Japan-based Muroran Institute of Technology is piloting a program to verify its students’ academic records using blockchain technology, The Nikkei Asian Review reported on Monday. The university, located in Hokkaido, has partnered with Nippon Telegraph and Telephone West...

The latest company to join the Blockchain in Transport Alliance (BiTA) is Loadsure, a London-based company that is an international InsurTech Managing General Agent (MGA) with a focus on the freight spot market. Loadsure's U.S. affiliate is located in Denver, Colorado. Blockchain technology...

The crypto market has lost over $40 billion over the last week, with bitcoin (BTC) dropping below $7,000 for the first time since May, a data platform CoinMarketCap shows. What Happened The crypto market has been experiencing a downtrend over the last week, with major...

Good day, The Federal Emergency Management Agency (FEMA) should pilot the use of blockchain technology to speed up the payouts of disaster assistance or insurance claims, an advisory board said in a report. FEMA's National Advisory Council recommendation appeared in a draft report released on Nov...

The success of blockchain in the supply chain depends on a number of factors, but among the most important is the development of global standards that streamline the communication process and provide clear-cut examples and terminology that defines document creation. At the Blockchain in Transport...

The number of blockchain technology-related patents filed in China till the end of 2018 is three times higher than those registered in the U.S., the Nikkei reported on Thursday. Citing data from Tokyo-based research firm Astamuse, Nikkei said that China received 7,600 blockchain-related patent...