iSTOX to Launch Digitized Securities Trading Platform in Singapore

According to a report from The Straits Time, May 24, 2019, Singapore-based capital market platform iSTOX has been added to the Fintech Regulatory Sandbox of the Monetary Authority of Singapore (MAS). The platform is expected to service digitized securities trading from the fourth quarter of 2019. Regulated Capital Markets Platform To encourage the development of […]

Alibaba to Integrate Blockchain in Intellectual Property Protection Platform

Chinese Internet company Alibaba announced that it would be revising the security of its Intellectual Property Protection system for global enterprises and brands. The revision includes the integration of blockchain technology, reported local news outlet Sohu on May 23, 2019. Digital Copyright Protection  While cryptocurrencies still struggle to gain grounds in Chinese territory, the country […]

Banking made Possible for Unbanked Africans with Imani Blockchain Payments Platform

African countries still have a considerable portion of the adult population that remain unbanked. Heidi Metz, the CEO and founder of payments startup Imani, is focusing on helping African citizens by providing them a blockchain-based, cheap mobile banking platform where users can store both fiat and digital currencies. This according to a GeekWire report published […]

Russia Central Bank Mulls Gold Standard for National Cryptocurrency

Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. Gold-Pegged ‘Crypto-Ruble’ a Possibility The Bank of Russia hinted at a meeting at State Duma, the country’s lower house, […]

These Tourist Destinations Welcome Bitcoin Cash Enthusiasts

Spending during the holiday season should be easy but borders, physical and financial, often complicate matters. A world currency that can travel with you and is widely accepted sounds like a good idea. Among cryptocurrencies, bitcoin cash is an ideal candidate, with its low fees and instant transactions. New opportunities to spend, buy and sell […]

Blockchain Technology, A Great Tool for Transparent Elections

Blockchain technology, the building blocks of bitcoin (BTC) and other cryptoassets proved once more that it is more than just hype by enabling the results of 25 million votes out of 193 million to be obtained within a few hours, during the just-concluded electoral process in Indonesia. The distributed ledger technology (DLT) fostered speed and […]

New Jersey Legislators Vote Unanimously in Favor of Blockchain Bill

A bill looking to study the integration of blockchain technology into the recordkeeping and service delivery processes of the state, county, and municipal governments of New Jersey has been approved unanimously. The legislation has now been passed to the Governor’s desk, according to a press release on May 23, 2019. Vainieri-Zwicker Bill Gets the Greenlight […]

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces, lifestyle magazine Robb Report reported on May 24. Founded in 1755, Vacheron Constantin is recognized as the world’s oldest watch manufacturer. The company plans to issue a paper and digital certificate to each of its vintage watches, and […]

Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI

Opposition party members in the Luxembourg parliament are demanding specifics from the prime minister on a proposed e-government plan, according to a report by the Luxembourg Times on May 24. The plan reportedly centers on the implementation of blockchain technology, as well as artificial intelligence (AI) in government administration. The seat of the newly-created government […]

Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities

The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was signed by the Governor of Montana Steve Bullock on May 8. Initiated by State Representative Shane Morigeau, the bill had its […]