Blockchain

Cryptocurrencies included in Bank of America Business risk list

Author – Sam Reads, UK Bank of America admitted cryptocurrencies pose a material risk to its business model in its annual report. In a report published and filed with the US Securities and Exchange Commission (SEC), Bank of America -one…

Blockchain

Indian Information technology (IT) provider Tech Mahindra will invest in blockchain center in Canada

Pune, Maharashtra, India-based multinational IT provider Tech Mahindra has announced that they will invest nearly Canadian $100 million (US $ 79 million) in a Center of Excellence (CoE) in Canada. The CoE will focus on blockchain and Artificial Intelligence (AI)…

Blockchain

Atari, the maker of Pac-Man, is entering the cryptocurrency space

Author – Anujit Atari, best known as makers of the hugely popular 1980s video games “Pac-Man”, “Space Invaders”, and “Pong”, is trying to rebrand themselves as a serious player in the cryptocurrency space. As part of their February 8th announcement,…

Blockchain

WWF will use blockchain to eliminate illegal fishing and slave labor in Tuna industry

The World Wide Fund for Nature, commonly known as Word Wildlife Fund (WWF), is spearheading a project to eliminate illegal fishing in the Pacific Islands, which will also help eliminate slave labor in the industry. Tuna industry is the main…

Blockchain

Union Bank partners with 4 rural banks in the Philippines for Blockchain Technology Solutions Platform

Author – Mil It looks like the blockchain technology is slowly making its way into mainstream adoption. A news article from the Philippine News Agency reports that four rural banks have partnered with Union Bank to develop a blockchain technology-based…

Blockchain

Google DoubleClick targeted by Monero cryptocurrency miners

Trend Micro, a company that provides security software, hardware and services, recently reported Google’s popular DoubleClick has been targeted by cryptocurrency mining code used for mining Monero cryptocurrency. The attacks were noticed between January 18th and 24th, and the countries…

Blockchain

ICOs Regulation: Gibraltar Moves to introduce “world First” ICOs Regulations

In the coming few weeks, the Gibraltarian government together with Gibraltar Financial Services Commission (GFSC) –the territory financial watchdog will present a draft law that will regulate ICOs in the British overseas territory. The regulations come as the ICO market…

Blockchain

Blockchains LLC acquires over 60,000 acres of land in Nevada

Author – Anujit Nevada, USA-based Blockchains, LLC has purchased over 60,000 acres of land in the Tahoe-Reno Industrial Center, Nevada. With this purchase this relatively lesser known company has certainly made the headlines, more so due to lack of clarity…

Blockchain

United Nations plans blockchain adaption for climate change

United Nations (UN) Climate Change secretariat has initiated and facilitated creation of Climate Chain Coalition (CCC), a multi-stakeholder open initiative to use blockchain technology for driving positive climate change action. The partnership includes at least 32 organizations. The overall term…

Blockchain

DNV GL partners with VeChain to power their assurance services with blockchainx

Oslo, Norway-based DNV GL, the well-known risk management company, is transforming the value proposition of their assurance services business, with the promising blockchain technology. DNV GL has teamed up with Singapore-based VeChain, to leverage the pervasive transparency offered by blockchain.…