Department of Energy Funds $5 Million for Blockchain Research

The United States Department of Energy has announced on January 7, 2018, that it has allocated $4.8 million dedicated specifically to research and development of four areas of which Cybersecure Sensors for Fossil Power Generation includes the application of blockchain.  DOE Plans to use Blockchain The funding aims to “develop the next generation of science and engineering…

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Blockchain Firms Accepted Into Dubai’s Latest Regulatory Sandbox Cohort

The Dubai Financial Services Authority (DFSA) has announced the acceptance of seven new firms into its regulatory sandbox. The DFSA’s regulatory sandbox permits tech companies to apply for an Innovation Testing License (ITL), which is part of the agency’s commitment to support innovation and the development of financial technology by enabling successful applicants to test…

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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of…

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Where Are They Now?: Malta Dazzles with Crypto-Legal Certainty on a Pioneering European Island | BTCMANAGER

Throughout 2018 there have been very few nations like Malta who scoffed in the face of cautious regulatory approaches to particular aspects of blockchain technology, namely cryptocurrencies and initial coin offerings (ICOs), and instead carved out a uniquely accommodating path for the tech. Compared to China, Malta’s blockchain journey sits on the opposite end of…

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Two Mining Companies Among Georgia’s Major Electricity Consumers

Two companies mining cryptocurrencies have topped a list of the largest consumers of electricity in Georgia. In this crypto-friendly nation, however, that’s not necessarily a sin or a disadvantage. Energy-intensive enterprises in the Caucasian country purchase the power they need at wholesale prices. Also read: Huobi and Major Russian Bank to Provide Legal Help to…

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Why Are Women Necessary In The Blockchain Industry?

Overtime, the issue of participation levels of women in blockchain industry came up. Although, it seems not everyone is completely in support of targeting the female demography for inclusion into the crypto community. But, the idea is worth considering due to the following reasons. The New Technology Shouldn’t Exclude 50% Of The World When cryptocurrency…

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Waves Releases Latest Version Of Blockchain Explorer

Decentralized blockchain platform Waves has released the latest version of its blockchain explorer that has been optimized for mobile devices. The Waves Explorer is a simple tool which gets users detailed information about any Waves transaction, address, and block. The latest version, Explorer 2.0, will allow users to easily check transactions and network status from…

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Blockchain Cross-Border Payments Service Launched By National Bank Of Kuwait

The National Bank of Kuwait (NBK) has rolled out a new blockchain-based service for instantaneous money transfers. The NBK was incorporated in 1952 as the first local bank and the first shareholding company in Kuwait and the Persian Gulf region. NBK, which is the largest financial institution in Kuwait with effective market dominance in the…

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Blockchain Lien Alert System Introduced By Real Estate Startup Ubitquity

Blockchain real estate startup Ubitquity is introducing a blockchain monitoring solution that allows lenders to be alerted to a lien placed against them. Headquartered in Delaware, Ubitquity makes a Software-as-a-Service (SaaS) platform using blockchain technology. Its platform enables users to ensure the authenticity of information related to the land or property in question, in particular…

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Canada’s Funding Competition Seeks Blockchain Applications In Agriculture And Agri-Food Sector

The Canadian government launched a new innovation funding competition to help create jobs and spur the growth of local companies. On behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, Jean-Claude Poissant, Parliamentary Secretary to the Minister of Agriculture and Agri-Food, launched the new funding competition last week, through the Strategic…

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Blockchain Remittance Service Rolled Out By South Korea’s Coinone Transfer

South Korean payments firm Coinone Transfer has introduced the country’s first blockchain-powered remittance mobile app and web service. Coinone Transfer is a subsidiary of crypto exchange Coinone that focuses on remittances. In May of this year, Coinone Transfer joined RippleNet to use xCurrent, Ripple’s blockchain solution for cross-border payments and settlement, to allow customers to…

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Gibraltar Blockchain Exchange Introduces New Crypto Insurance Policy

The Gibraltar Blockchain Exchange (GBX), in partnership with Gibraltar-based firm Callaghan Insurance, has announced an insurance policy to cover assets listed on the GBX Digital Asset Exchange (GBX-DAX). GBX, a subsidiary of the Gibraltar Stock Exchange (GSX), is a institutional-grade token sale platform and digital asset exchange. In July of this year, GBX launched its…

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BitGo Joins Universal Protocol Alliance

The Goldman Sachs funded Crypto Custodial service BitGo has joined the Universal Protocol Alliance, it was announced yesterday. The Universal Protocol Alliance is a group of companies promoting the Universal Protocol Platform that enables interoperability across blockchains. One problem in the cryptocurrency economy is the walled gardens of the different coins and blockchains. One cannot…

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Crypto Wallet Service BitGo Joins Universal Protocol Token Platform

Crypto financial services company BitGo will support the Universal Protocol Platform and its tokens. The UP Platform allows all cryptocurrencies to become accessible on a single network through the introduction of Universal Tokens.  The first set of tokens to be supported include the Universal Bitcoin (an ethereum-based version of bitcoin), and two Stablecoins — the…

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Blockchain: The Potential For Disrupting Beyond Business And Finance

These days, the media is brimming with stories on the possibilities of blockchain technology, with headlines dedicated to weighing in on which industry it will disrupt next. However, most projects and ICOs seem to show somewhat of a bias towards the business or finance applications of the blockchain. As a result, a natural question has…

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Blockchain Firm R3, Japan’s SBI Holdings To Establsih Joint Venture Next Year

Japanese financial services giant SBI Holdings is partnering with New York-based enterprise blockchain software firm R3 to establish a joint venture in January 2019. Japanese news outlet Nikkei reported that SBI Group is expanding its partnership with R3 to create a joint venture that would promote the use of R3’s Corda blockchain. The partnership would…

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Crypto Custodian BitGo Adds Support For Universal Protocol Platform’s Ethereum Tokens

Blockchain security and crypto wallet firm BitGo has announced that it will support the Universal Protocol Platform and its family of tokens. The UP platform was launched earlier this year by the Universal Protocol Alliance, a coalition of cryptocurrency companies and blockchain pioneers, including Uphold, Brave Software, Cred, Blockchain at Berkeley and FBG Capital. The…

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U.S. Republican Plans to Regulate Cryptocurrencies and Initial Coin Offerings | BTCMANAGER

Warren Davidson, a U.S. Representative from Ohio recently announced a plan to introduce new regulations for the cryptocurrency and ICO industry via the Federal Government. According to Cleveland.com’s on December 3, 2018, Hamilton is hopeful that these potential regulations can help the financial sector grow. Republican Politician Hopeful for Potential Regulations There is currently unclear regulations…

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U.S. Air Force Promotes Learning of Blockchain for Supply Chain Management

The U.S. Air Force Institute of Technology is promoting blockchain technology for supply chain management purposes. The military entity has developed a free tool to help professionals learn about blockchain and published a live blockchain application along with tutorial videos. U.S. Air Force Looks to Increase Trust and Transparency to Complex Logistics Network The legacy…

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Technology Adoption Determines True Value of Crypto Industry

When Warren Buffett, a multi-billionaire investor, admitted that he was wrong about not investing in companies like Amazon and Google, it proved that not even the world’s most renowned investor can always get it right. Amazon and Google were bringing in products that the market hadn’t experienced before. Skepticisms were meant to be there. But…

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