INDUSTRY

blockchain application in various industries

Blockchain in Manufacturing Market Speculated to Generate $766.2m in Revenue by 2030

The blockchain in the manufacturing market is expected to render revenue worth $766.2 million in 2030, according to Verified Market Research.

NBA Partners with Sorare for NFT-Based Basketball Fantasy Game

To enhance the fan experience and render more interaction, the National Basketball Association (NBA) has partnered with the web3 fantasy game platform Sorare.

Protocol Upgrade to Boost Transactions Speed & Cross-Chain Communcation Security: Algorand

Algorand said that the new protocol upgrade will boost its transactions per second (TPS) and cross-chain communication security via state proofs.

World Vision Accepts Donations in Crypto in South Korea

World Vision has announced the acceptance of donations in cryptocurrencies, enabling the institution to become the first NGO to accept virtual assets in South Korea.

Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts

Attributed to the so-called crypto winter during H1, the amount of investment in the crypto market has been dragged, attracting over $14 billion in H1, according to global audit and consultancy firm KPMG.

Digital Assets Should be Regulated as Part of Banking Industry: Ex-Regulator

Financial experts are advocating for digital currency innovation and activities to be subsumed into the banking industry, a move that will let regulators permit their overall growth.

5G Wireless Network Helium Proposes Migration to Solana Blockchain

Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses

The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.

Kenanga Investment Bank Collaborates with Ant Group to Launch Crypto-based Applications

Kenanga will introduce an app that enables customers to crypto trading and portfolio management. Reportedly, the app could be launched in early 2023.

Samsung Securities Files Paperwork to Launch A Crypto Exchange

Samsung Securities is one of the seven major South Korean securities companies planning to establish cryptocurrency exchanges in the first six months of next year.

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