Blockchain

Federal Communications Commission (FCC) is an independent U.S. Government agency which is overseen by the Congress. It regulates international and interstate communications through satellite, wire, television, cable, and radio in 50 states of U.S. territories and the District of Columbia. It is the…

As revealed by Microsoft, the Seattle, Washington-based coffee giant plans to use blockchain technology which underpins Bitcoin and other cryptocurrencies. It will use the blockchain platform, Microsoft Azure, to develop the coffee tracking platform. It is done to monitor the journey of the coffee…

The development of the Chinese government supporting the construction of a ‘Blockchain City’ was announced in a press release on 26 April 2019. It is planned to be situated in the critical shipping lane of the Malaysian Malacca Strait. This project backed by the Chinese government aims to transform…

In a blog post released by Microsoft on 6 May, the company has announced the release of a new Azure blockchain development kit for Ethereum. This is done to simplify the development of blockchain technology and for making its development accessible. Azure is Microsoft’s cloud-computing…

According to news reported by TASS, the Russian News Agency on 6 May, authorities of Moscow plan to pilot a blockchain-based electronic voting system. It will be put to test in the next university student council elections in June 2019. As stated in the report, the project will be carried out by…

Whenever we talk about Blockchain technology, then its one of the most prominent use is restricted to the financial sector, but that was the relic of the past. Now we have new developments in this field and developers have expanded Blockchain’s application horizon to new fields like medical,…

According to multiple reports, health data company Longenesis and South Korea’s Gil Medical center have jointly created a blockchain-based health data management solution. The reason behind this agreement is to build a blockchain-powered platform based exclusively on the Bitfury Exonum blockchain…

Introduction   Just like the internet and smartphones, blockchain is also one such technology which has certainly taken the world by storm. Today, blockchain is applied in many technology-based applications such as payment services, supply management chains, smart contracts, documentation, and…

Summary Blockchain has evolved beyond Bitcoin to become a mainstream technology with diverse applications. The Blockchain market is expected to reach $39.7 billion USD by 2025 and $1,431.54 billion by 2030. Blockchain is used in finance, gaming, real estate, supply chain, and healthcare. There were…

State Administration of Foreign Exchange (SAFE), the regulator of foreign exchange reserves, is now preparing itself for setting up its cross-border blockchain for trade finance. News on the development was provided by CNStock, a local financial news agency, on 24 April 2019. It has been built in…

SIAM, the largest commercial bank of Thailand, and PTTEP (PTT Exploration and Production Public Company Limited), the state oil company have successfully conducted a test for using blockchain for the purpose of cross-border payments for business-to-business transactions. The success of the pilot…

According to news reports in April 2019, $100 million worth of stablecoins have been issued by Paxos to Ontology. Ontology declared that individuals and businesses will gain access to its fiat-pegged tokens using Ontology’s ONT token. The new version of PAX will follow the OEP-4 token standard of…