The largest state-owned bank in Russia, Sberbank, is now working with a major local airline to introduce a Blockchain-based ticket system. S7 Airlines will work closely with Sberbank to develop a new ticket sales platform that will enable clients get…
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Blockchain Can Help Find Covid-19 Cure
Founder of Crypto ATM network, Bitcoin Depot, believes that the Blockchain community can help develop a cure for Covid-19. Brandon Mintz believes that the Blockchain can do that because of its immense computational power to confirm transactions and generate new…
Global Compatibility will determine the CBDC Race, says Expert
Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong, believes that international interoperability will become the cornerstone of the CBDC race. While speaking at the unitize Blockchain conference on July 14, he argued…
The New Crypto Agricultural Revolution
Yield farming and Liquidity Mining, are gaining traction more and more every day. It’s all part of decentralized finance (DEFI) where you stake some capital and look to gain returns by providing liquidity to certain protocols. The protocols are pegged…
Bank of Japan is now experimenting with Digital Yen
The bank of Japan has announced plans to begin experimenting with a Central Bank Digital Currency (CBDC). This is a big boost for those who champion for CBDCs as more governments are now beginning to look to that direction. The…
Russia’s Blockchain E-voting System gets Hacked
Russia’s Blockchain-based voting system for constitutional amendments has reportedly suffered an attack trough an election observer’s node. The issue was reported by state-owned agency TASS, were it was reported that the incident happened on the 27th of June 8PM CET.…
Mining Giant BHP in $14 million Iron Ore Blockchain Trade
BHP Group, the world’s largest mining company, announced having completed a $14 million iron ore trade deal using a Blockchain platform developed by Canada-based technology outfit MineHub Technologies. The transaction was carried out between BHP and China Baowu Steel Group,…
Norway’s Sea Food industry looks to Blockchain for Traceability.
The Norwegian Sea Food Association has announced plans for a new cross-industry collaboration that will make use of Blockchain technology to share supply chain data in the country’s sea food industry. The move is aimed at sourcing for better sea…
Russia’s Ministry of Justice against Proposed Crypto Ban
Russia’s Ministry of Justice has stood against a new draft proposal that seeks to ban crypto operations in the country. The move by the ministry came barely a week before the ministry of Economic Development distanced itself from the new…
Chinese Companies are still Big on Blockchain despite the Covid-19 Crisis.
A survey of 350 Chinese companies reveled that most corporates still feel the same way about crypto as they did before the Covid-19 pandemic. The study which is called “Blockchain in the Post-epidemic Age” showed that 70% of the companies…