Ex-Coinbase CTO To Be Decentralized Finance Blockchain Project Findora’s New Strategic Advisor

Coinbase’s former CTO Balaji Srinivasan has just decided to be a part of Findora, a blockchain company focused on decentralizing the financial market. The former Coinbase exec will become one of the new strategic advisors of the project. When he left Coinbase, the executive affirmed that he “enjoyed his time” and was ready for…

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…

Overstock Announces Financial Losses In All Sectors, Including Blockchain in Gross Profits Q2 2019

The retail giant Overstock just released the newest data on its financial results for the second quarter of 2019 and the results are not as good as they were hoping for.  According to them, their revenue decreased 23% and gross profit went down by 19%. tZERO was also unable to get good results, despite…

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…