China Telecom Releases White Paper on 5G Blockchain Phones

Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report by local finance news outlet Sina. Existing troubles In the document, China Telecom pointed out the potential benefits…

Largest Bank of Africa, Standard Bank, Becomes Newest Member of The Marco Polo Network

Standard Bank, known as the largest banking institution in the African continent, has recently decided to join forces with the Marco Polo Network, a blockchain-based financial company. Now, the bank will start to create financial solutions together with the blockchaincompany. According to the press release, several other important institutions are also partners…

Shinhan to Team-up With Kakao’s GroundX and Hexlant to Enhance Blockchain Security System

Shinhan has gained a much-deserved reputation as one of the oldest and largest banking companies in operation within South Korea, has announced a brand new partnership with two emerging Fintech companies. The objective? to collaborate and build a brand new security solution with the use of blockchain technology. For this plan to…

Colu Blockchain Platform Shutting Down, Buys Back Its Tokens

Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO). The company’s buyback offer comes by way of an official announcement from Colu DLT on…

Ripple Teams Up with University of Tokyo and Kyoto University for Research on Blockchain

Ripple, a giant in the cryptocurrency industry, has teamed up with the University of Tokyo and Kyoto University for the University Blockchain Research Initiative. The Japanese academia has a high level of interest in crypto, according a spokesperson at Ripple. The company is committed to inspiring students with blockchain and fintech. Scholarships will be awarded…

20th August 2019 Blockchain Summit will take place in Singapore

Asia’s Leading Blockchain for Business Event. Now in it’s 2nd year, Blockchain Summit Singapore is the leading blockchain for business event in Asia. Connecting industry leaders, business decision makers and tech innovators, Blockchain Summit Singapore is a 1 day conference and exhibition dedicated to the business of blockchain and distributed ledger technology…

Multiple Dubai Firms Ready to Launch a KYC-Focused Data Sharing Blockchain Consortium in 2020

As many of our regular readers may recall, late last month, Dubai’s Etisalat signed an official MoU relating to blockchain technology and its potential use within the nation’s real estate sector. Recently, the Dubai Chamber of Commerce and Industry (DCCI) signed an agreement with the ICC and blockchain firm Perlin so as…

Russia’s S7 Airlines Ticketing Platform Processes Over $1 Million In Sales via Blockchain During July

The blockchain is here to bring us the future. S7 Airlines, a major aviation company that is a part of the Oneworld alliance, has recently revealed to the media that it was able to process $1 million USD in its new blockchain payment system during the month of July. This made July…

Australian Digital Currency Association (ADCA) and Blockchain Australia (BA) Announce Merger

Adam Pulton — Director of the newly formed organization — believes that the merger will help in the creation of a stronger, more united voice when it comes to the Australian blockchain industry as well as open new gateways for greater opportunities (within the APAC region.) The merger took place…

New Proof of Stake Alliance (POSA) Created By Several Firms Wanting To Popularize Blockchain In The US

The blockchain technology is facing an important time in the United States. With the regulators and lawmakers looking closely at Facebook’s Libra and Bitcoin, all eyes are looking at cryptocurrencies, the blockchain technology, and all the potential that they have. In order to lobby for the future of the crypto and blockchain industry…