Category: Adoption

Chinese Retail Giant JD.com Launches Enterprise Blockchain-as-a-Service Platform

Chinese e-commerce giant JD.com has revealed its new Blockchain-as-a-Service (BaaS) platform in a press release published today, August 17. The new tool, dubbed JD Blockchain Open Platform, aims to enable businesses to build, host and implement blockchain solutions without having to develop the technology from scratch. According to the press release, the service will offer […]

Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems

The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. Per the terms of the agreement, the two parties will jointly explore blockchain technology applications for payment system development. The partnership comes in response to market demand and regulatory requirements, […]

Venezuela to Use Petro as Unit of Account for Salaries, Goods and Services

Venezuelan President Nicolás Maduro has announced that the national oil-backed cryptocurrency, the Petro, will be used as a unit of account within the country, news outlet ABC International reported August 14. Nicolás Maduro reportedly announced in a television address, that the state oil company PDVSA will use the Petro as a unit of account. Additionally, […]

Both Kim Kardashian and the Operator of the New York Stock Exchange Get Into Bitcoin

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week New York Stock Exchange Operator Announces Digital Assets […]

Major Banks From Member States Sign MoU on DLT Research

Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26. During the 10th International BRICS Summit in Johannesburg, banks from the emerging economies of Brazil, Russia, India, China and South Africa agreed to a joint […]

FedEx Institute Partners With Pharmacy to Use Blockchain for Cancer Medicine Distribution

The FedEx Institute of Technology has announced its partnership with pharmacy services company Good Shepherd Pharmacy to develop new blockchain-based infrastructure to help cancer patients get medications, news outlet Commercial Appeal reported July 6. The FedEx Institute of Technology is an organization that serves as a promoter of interdisciplinary research in emerging technologies that operates […]

Malta Passes Blockchain Bills Into Law, ‘Confirming Malta as the Blockchain Island’

The Parliament of Malta has passed three bills into law that establish a regulatory framework for blockchain technology, local news outlet Malta Today reported July 4. The bills include the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. Silvio Schembri, Junior Minister for Financial Services, […]

Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies

The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2. Since local banks have reportedly declined to provide banking services to the new type of companies, being concerned about […]

Crypto Sector Too Small to Affect German Financial Stability, Says Gov’t Committee

A report from the Financial Stability Committee (AFS) of the German Bundestag has found that cryptocurrencies do not pose a threat to the country’s financial stability, Cointelegraph auf Deutsch reports June 27. The study notes high volatility in crypto markets and states that “they lack general acceptance and transaction costs are often relatively high”: “As […]