Canada Border Services Test Blockchain Technology to Streamline Processes

The Canada Border Services Agency (CBSA) is the latest entity to partner with a blockchain-based platform in a bid to make its systems more efficient. Tracking goods is an intensive business, relying on many people and many documents. However, when you put these two components together in a high-stressed and fast-paced, human errors and misplaced…

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IBM’s Food Supply Chain Platform Released

IBM has officially rolled out its blockchain-based food supply chain platform, IBM Food Trust. French retail giant Carrefour will be one of the early adopters. Tracking Food From Farm to Table IBM Food Trust, announced October 8th, uses a shared private digital ledger to track food as it moves from producers to consumers. IBM claims…

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Crypto Exchange IronX Gets Operating License in Estonia

IronX, a cryptocurrency exchange platform developed by Cardano blockchain creator Emurgo HK and Iron FX, was given a license by the Estonian Financial Intelligence Unit. Estonia’s Financial Intelligence Unit (FIU) has granted IronX a full regulatory license to operate a cryptocurrency exchange in the region, the company said in a statement sent to Cryptovest. IronX…

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Australian PM Sees ‘Massive Opportunities’ in Blockchain Technology

Australian Prime Minister Scott Morrison is emerging as blockchain’s latest hero after he stated that the technology offers massive opportunities in the financial markets. The new Australian Prime Minister, Scott Morrison, sees “massive opportunities” in blockchain technology and that it could transform the country’s financial system by offering challenges to existing big banks. In a…

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Cryptocurrency Events Banned at Beijing Central District Hotels, Malls

A central district in Beijing has ordered all hotels, shopping malls and offices not to host cryptocurrency events. The central district of Chaoyang in China’s capital Beijing has issued a notice telling hotels, shopping malls, and office buildings in the area to refrain from hosting cryptocurrency events, South China Morning Post confirmed. The daily quoted…

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Scottish Government Mulls Adoption of Blockchain in Public Services

A report published by the Scottish Government provided details of how to utilize blockchain in public services. The Scottish Government published a report that underscores the benefits of blockchain or distributed ledger technology (DLT) in public services laying the ground for a push in using the technology. In a report, the official website for of…

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The Philippines Should Not Miss the Blockchain Age, Says Blockchain Advocacy Head

The vacuum created by other countries in the blockchain space is presenting opportunities for the Philippines to emerge as a leader in the distributed ledger technology space. The Philippines has a big chance to become a leader in the emerging blockchain space, with all the stakeholders in the country should step up to make this…

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Blockchain Project Result Released By South African Reserve Bank

The South African Reserve Bank (SARB), the central bank of the country, has released the results of Project Khoka, a proof of concept (PoC) for interbank transfers using Quorum, JP Morgan‘s private, ethereum-based platform. First announced in February of this year, Project Khoka focused on providing participants practical experience on aspects of using blockchain technology…

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UK Cryptoassets Taskforce To Explore Impact Of Cryptocurrencies

UK’s new Cryptoassets Taskforce held its first meeting yesterday and agreed on key objectives. The Taskforce was first announced in March of this year by Philip Hammond, UK Chancellor of the Exchequer and Second Lord of the Treasury, as part of the government’s FinTech Sector Strategy. It is a central part of the government and…

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