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US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.

Ethereum Releases Validator Launchpad for ETH 2.0 Testnet

Ethereum Releases Validator Launchpad for ETH 2.0 Testnet

Ethereum software developers finally released the validator launchpad for ETH 2.0, which enabled users to participate in the testnet’s Proof-of-Stake.

FCH Network Develops the Next-Generation Blockchain Alternative to Solve Current Problems of DLT

FCH Network Develops the Next-Generation Blockchain Alternative to Solve Current Problems of DLT

Since 2008 when the Bitcoin blockchain was founded by Satoshi Nakamoto, the distributed ledger technology has undergone comprehensive progress. Most significantly, the establishment of smart contracts to the Ethereum blockchain created an entirely new technological setting. But most of these development efforts face significant roadblocks that limit wide applications of blockchain technology in various industries. With this regard, FCH develops the next-generation blockchain alternative to fix current issues of the distributed ledger technology.

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.

Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain

Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain

Consultancy firm Accenture has partnered with blockchain technology firm R3 and multinational software firm SAP to produce a prototype that uses distributed ledger technology to allow real-time gross settlements.

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

Want a Masters in Blockchain? Look no further than the "Blockchain Island"

Want a Masters in Blockchain? Look no further than the "Blockchain Island"

Malta has been deemed the “Blockchain Island” based on the incredible steps made by the administration. As a result, the University of Malta is offering a Masters of Blockchain and Distributed Ledger Technology with the first enrollment taking place this October.

CIA Eyes Blockchain Technology with New Research Lab

CIA Eyes Blockchain Technology with New Research Lab

US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.

Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.”

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.

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