Made in Italy Project: Blockchain to Change Textile Industry

The first pilot project for the use of blockchain in SMEs in the textile industry was officially presented at the Italian Ministry of Economic Development (MISE) on March 13. Blockchain technology will support Made in Italy project, protect its uniqueness and quality such as certifying the supply chain thanks to the mechanism of the "shared…

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Shanghai Launches Smart City Program with MXC Blockchain Startup

China has a strong record of spearheading technological innovation, and it appears to be continuing the trend with its interest in blockchain and IoT supported Smart Cities. Recent developments indicate that the government of Yangpu – a district in the major Chinese city of Shanghai, has initiated an agreement with the MXC Foundation to drive…

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Blockchain Project Wins First Place at First GoodDollar Hackathon

Blockchain project that incentivizes people to test for diabetes by handing them cryptocurrency wins first GoodDollar hackathon attended by Israeli ambassador in Rwanda. Special guest, Ron Adam, Israeli ambassador in Rwanda (center), attended Hackinequality and was encouraged by what he witnessed. The hackathon for reducing global wealth inequality using decentralized technology was won by a…

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How Blockchain Can Help the World of Sports Betting

Initially introduced as an alternative to classic currencies in the form of Bitcoin, the blockchain system has gone on to find its purpose and use in many a sphere of the technological world. To investigate the potential link between blockchain and sports betting we teamed up FootballPredictions.com, a collective of football fanatics that write football…

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IlCoin Relisted on STEX Exchange

Company resumes trading with a new quantum resistant blockchain source code after a brief hiatus. The innovative cryptocurrency company, IlCoin, would like to announce its resumption of trading activity on STEX, a leading cryptocurrency exchange. IlCoin left the exchange earlier this year to update the source code for its ILC coin. This cutting-edge update increased…

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Riot Blockchain Plans United States-Based Regulated Cryptocurrency Exchange in Q2 2019 – BTCMANAGER

The upcoming regulated cryptocurrency exchange called RiotX will offer three primary services namely banking, a trading engine and a digital wallet. RiotX will initially be available within the United States territory. As per a March 14, 2019 filing with the Securities and Exchanges Commission (SEC). API Will Help Prevent Fraud and Abuse The publicly traded…

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Blockchain Roadmap To Boost Funding In Australia

Australia has revealed a national blockchain strategy and roadmap, with a boost of $100,000 in further funding from the federal government. This news came in a joint press release from two Australian ministries on 18th March. Karen Andrews is the Minister for Industry Science and Technology and the Minister for Trade, Tourism and Investment, Simon…

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This Week in Crypto: Over 3 million stores targeted for Massive XRP adoption, Forte and Ripple to Invest $100 Million On Mainstream Blockchain Games, Stellar (XLM) Gets Listed on Coinbase Pro And More

This week could be described as Ripple week. With so many significant happenings concerning the project, this is arguably the week with the most news on Ripple (XRP). In today’s summary, we have handpicked the most interesting of the stories for you to have a look and possibly go back to read the full stories….

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Blockchain to Protect Overseas Made in Italy Products

Italy has invested heavily in the field of technological innovation such as blockchain technology, smart contracts, artificial intelligence (AI), internet of things (IoT) and others. Different possible application features of blockchain and its huge potential for protection, elevation and promotion for Made in Italy products both abroad and inside the country. The themes of the…

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Blockchain AI Startup SingularityNET Partners with China’s Insurance Giant Ping An

SingularityNET, a startup developing a decentralized artificial intelligence (AI) network, has announced a partnership with Ping An, the world’s largest and most valuable insurer and one of the biggest investment and asset management companies. The partnership will begin with a focus on three main areas: optical character recognition (OCR), cross validation (CV), and model training,…

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French court clerks to use blockchain based platform for operations

Commercial court clerks in France will soon start recording changes relating to companies’ legal status using a blockchain based platform. According to the official announcement made on March 14, court clerks will start using a blockchain-based platform aimed to increase transparency and efficiency in legal transactions that are related to the lifecycle of companies in…

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Dutch startup Finturi raises €2 million for blockchain and AI platform

Finturi has raised €2 million ($2.26 million) to develop its blockchain and AI platform. Based in The Hague, Netherlands, the startup is just one of the hundreds that have sprung up in the country utilizing blockchain technology to revolutionize business operations. Finturi applies blockchain technology to help businesses access financing against their invoices. It also uses…

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Ripple Will be Providing $100 Million for Gaming Devs In Blockchain

Ripple has just announced that it will be partnering with the gaming platform firm Forte. The main intention is to provide 4100 million for investment in the blockchain gaming industry. The new partnership has been signed between Ripple’s Xpring and the gaming platform. $100 million will be deployed for developers that work in the gaming…

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IKEA’s Research Laboratory Applies Blockchain in Renewable Energy Projects

Copenhagen-based furniture giant IKEA’s research laboratory Space10 has successfully created a small wooden village to exhibit how communities could craft their individual circular clean energy system. The project uses solar panels and blockchain to make an operational energy system through a neighbor-to-neighbor trading system. Bas Van De Poel, creative director at SPACE10 said:  “Centralized energy…

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Medici Ventures buys stake in Bankorus, blockchain banking platform

Medici Ventures, a blockchain subsidiary of Overstock.com has purchased a 5.1 percent stake in Bankorus, blockchain banking platform focused on custody, lending, and exchange of assets on the blockchain. According to the announcement made by Overstock, the stake that Medici Ventures holds will allow the company to work on the “foundation of a blockchain-based technology…

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Kakao's Ground X Raised $90M in Private ICO, Set to Get Another $90M Starting Today

Photo: KaKao Ground X, the crypto subsidiary of Korea’s largest mobile platform Kakao, has raised $90 million in a private token sale. The company is planning to double the figure in another round that starts on March 12. Ground X to Foster Blockchain Adoption The idea to create Kakao’s blockchain subsidiary appeared last March. The giant was also…

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Cryptocurrency As Technology Has No Basis for Success, Says Economist Nouriel Roubini

Nouriel Roubini, a renowned economist and one of the most notorious Bitcoin detractors, has resumed his criticism of cryptocurrencies. In an interview with the CFA Institute on March 6, Roubini expressed bearish views on digital currencies. According to him, “cryptocurrency as technology has no basis for success.” Roubini, the professor of Economics and International Business…

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Blockchain technology spending expected to reach $2.9 Billion

In just one year’s period of time, it is expected that the spending on blockchain technology will increase by better than 88%, reaching $2.9 billion by the end of 2019. This is expected to nearly double the amount spent in all of 2018, which was $1.5 billion. According to the Worldwide Semiannual Blockchain Spending Guide,…

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WireConnect 2019 Powered by WireSummit in partnership with London Blockchain Labs | B.I.D.E

WireConnect 2019 After a successful WireSummit, BTC Wires is back with another revolutionary blockchain gathering in the heart of London. The WIRE CONNECT powered by WireSummit brings together some of the most influential names in the blockchain space along with the revolutionary ideas backed startups looking to announce to the world how their product is…

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Central Bank of the Bahamas Selects Blockchain Startup NZIA for Digital Currency Project

The Central Bank of the Bahamas has selected NZIA Limited as the technology solutions provider for its Project Sand Dollar, a project aimed at developing a blockchain-based central bank digital currency. NZIA will be responsible of designing and implementing the digital fiat currency system for the Bahamas, the central bank said on March 1, 2019….

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