The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. Three Korean ministries – the National Statistical Office, the Ministry of Science and Technology, and the Ministry of Information and Communication – are said to have been working since the end of last month to […]

European blockchain trading platform we.trade confirmed it had completed its first live operations today, July 3, involving twenty companies and five major banks. The blockchain platform, which claims to provide a “more efficient and cost effective way” for banks and businesses to trade worldwide, uses IBM’s Blockchain Platform, powered by Hyperledger Fabric. Part of various blockchain solutions currently under appraisal by the banking […]

133 deputies from the Spanish ruling party, Partido Popular, have proposed a bill to use blockchain in the public administration of Spain, CriptoNoticias reports Saturday, June 30. The bill was introduced to the Spanish Congress on June 22 and published on the official website of the legislative branch on June 26. It hasn’t been reviewed by other deputies yet. […]

UK-based crypto data supplier and cryptocurrency wallet Blockchain.com has recently launched a comprehensive institutional platform Blockchain Principal Strategies (BPS), according to a blog post today, June 28. Blockchain.com claims the new platform will provide secure and “unparalleled” access to markets, services, and research for institutions, family businesses, and retail investors. Blockchain.com co-founder Peter Smith commented that the new institutional grade platform aims to provide […]

A court in China’s Hangzhou city has ruled that evidence authenticated with blockchain technology can be presented in legal disputes. Based on the official judgement provided by a law firm that represents the plaintiff, the Hangzhou Internet Court decided that the use of blockchain technology in evidence deposition can be legally viable on a case-by-case basis. The […]

Data storage in healthcare industries is of critical importance. Security breaches in this sector will not only have an impact financially — in terms of health insurance — but could also compromise patient safety. The new platform Timicoin aims to enhance patient data safety through blockchain technology. Describing themselves as the “Tokenized Healthcare Ecosystem,” Timicoin claims to […]

A new blockchain-powered platform, combining streaming services and digital payments, aims to pay musicians 80 percent of the streaming revenue from their tracks, such as subscription services and advertising revenue — more than is reported to be standard practice. Choon, a recently launched blockchain-based platform, describes itself as “the blockchain’s music solution.” In essence, every […]

A Singapore-based IT security company offers a potential blockchain-based solution to help protect individual crypto users and block the use of stolen cryptocurrencies on crypto wallets and exchanges. Sentinel Protocol allows security experts and organizations to collect, share and analyse comprehensive threat intelligence data on its blockchain platform. The information about hacks, scams, and fraud is […]

  The Investment Industry Regulatory Organization of Canada (IIROC) has formed a working group to recommend a potential regulatory response to blockchain applications within the capital markets ecosystem. The news comes from a June 25 notice summarizing IIROC’s aims for the 2019 fiscal year. Canada’s IIROC is a non-profit self-regulatory body that aims to serve the public interest by proposing measures […]

  Laura Desmond Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom. Part of a growing trend of Blockchain remittances […]