Shell and BP back Blockchain platform that will boost trading in the energy industry

Oil industry giants BP and Shell are among a group of business entities plotting the launch of a Blockchain platform that will automate post-trade processes in the energy industry this year. This news was revealed by VAKT Global, a consortium…

Blockchain Based App Resto, to Offer Mouthwatering Discounts and Loyalty Perks to Diners

Being that everyone needs food to survive, you would think that the food business would be the most resilient. The reality on the ground right now is that the hospitality industry is going through some turbulence. Even though overall revenues…

How the Blockchain is set to Positively Disrupt the Real Estate Market

The real estate industry has taken major strides in the right direction since the recession back in 2007/2008. Market prices are set to rise steadily going into 2019, but despite all this; there are still some tethering problems that plague…

Malta to Push Forward AI Strategy Following Success as a Block-chain haven

The government of Malta has announced the formation of a task force in order to develop a national artificial intelligence (AI) strategy. This resolution was reportedly arrived at during the Malta blockchain summit held on the first of November. This…

Government of Gibraltar Partners with the University of Gibraltar to Form Blockchain advisory group

An advisory group has been created by the government of Gibraltar in collaboration with the University of Gibraltar. The university is focused on the development of blockchain related educational courses according to the Gibraltar Chronicle. The NTIE group (New technologies…

Qtum Blockchain Partners with Amazon in the Chinese Market

Amazon Web Services’ (AWS) China division has entered into a pact with public blockchain project Qtum. The partnership sees the widely popular cloud computing firm partnering with a cryptocurrency technology company with a $325 million market capitalization, making it the…

Fidelity to Launch Cryptocurrency Platform in Early 2019

Fidelity Investments is working on launching a startup that will be dedicated exclusively to bringing cryptocurrencies to institutional investors. The project which will be dubbed, “Fidelity Digital Assets” the  Boston based limited liability company will provide enterprise-grade custody solutions, a…

South Korean Financial Services Commission Reiterates its Hard Stance on ICO’s and Crypto

The head of Korea’s Financial Services Commission Choi Jong-Koo has reiterated his negative stance on digital currencies and Initial Coin Offerings (ICOs), according to an October 11 report by Business Korea. The chairman of Korea’s top financial commission spoke at…

World Bank President now Believes that The Blockchain has “huge potential”

The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has “huge potential” and that the bank should keep pace with innovative technologies. Kim’s remarks came at the international monetary fund (IMF) and…

Thai Commerce Ministry Looks to Blockchain for Agriculture, Finance and Copyright

The ministry of finance in Thailand has begun to explore feasibility studies on the ust]e of the blockchain in copyright, agriculture, trade finance, according to a Thai newspaper post posted on the 9th of October. An official from the Thailand…