A South Korean government agency has announced a plan to boost blockchain adoption in the country. This article is originally written and posted on https://www.coindesk.com/korean-government-lead-6-blockchain-pilots-9-million-fund/.  Visit https://www.coindesk.com/ today for all Crypto…

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The Financial Times has reported that profits for cryptocurrency hedge funds have taken a sharp decline, in direct correlation with the negative price action seen with the overall cryptocurrency market.…

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JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain. This article is originally written and posted on https://www.coindesk.com/jd-coms-finance-arm-to-issue-asset-backed-securities-on-a-blockchain/.  Visit https://www.coindesk.com/ today…

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Kakao’s blockchain subsidiary has announced it will work with a government-backed agency to develop blockchain projects focusing on social services. This article is originally written and posted on https://www.coindesk.com/kakao-korean-government-plan-to-solve-social-problems-with-blockchain/.  Visit https://www.coindesk.com/…

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A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month. This article is originally written and posted on https://www.coindesk.com/korean-banks-can-use-blockchain-to-verify-customer-ids-from-july/. …

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A patent filing from Mastercard explores how to use public blockchains to securely verify card credentials at the point of sale. This article is originally written and posted on https://www.coindesk.com/mastercard-patent-would-put-credit-cards-on-a-public-blockchain/. …

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Blockchain technology isn’t yet a beneficial addition to the payment system in the Netherlands, according to the country’s central bank. This article is originally written and posted on https://www.coindesk.com/dutch-central-bank-blockchain-promising-but-inefficient-in-payments/.  Visit https://www.coindesk.com/…

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SAP is the latest tech giant to have rolled out a technology framework aimed to let enterprise build blockchain-based applications. This article is originally written and posted on https://www.coindesk.com/software-giant-sap-launches-blockchain-as-a-service-platform/.  Visit https://www.coindesk.com/…

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Despite the slowdown in overall cryptocurrency prices, investment in upcoming projects, in the form of initial coin offerings (ICOs), has not slowed down one bit. In fact, the amount of…

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Cryptocurrency exchange Huobi, along with a few South Korean partners, has announced that they will be joining hands to create a blockchain startup investment fund. Joint Blockchain Fund Popular Singapore-based…

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Expected Proliferation of Blockchain Technology despite a decline in Cryptocurrency prices   Last year’s rise in Bitcoin prices and millions of funds raised through ICOs by numerous projects cut through most headlines.…

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Chinese search giant Baidu has turned to blockchain technology in order to make its online encyclopedia more traceable and transparent. This article is originally written and posted on https://www.coindesk.com/baidus-wikipedia-now-logs-revisions-on-a-blockchain/.  Visit https://www.coindesk.com/…

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A senior official at Russia’s central bank has said blockchain technology is immature but may have industrial-scale applications. This article is originally written and posted on https://www.coindesk.com/bank-of-russia-official-still-too-early-to-gauge-blockchains-potential/.  Visit https://www.coindesk.com/ today for…

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Shenzhen Gov’t Partners With Tencent to Fight Tax Fraud With Blockchain The Shenzhen Municipal Office of the State Administration of Taxation has partnered with technology firm Tencent, according to an official announcementMay…

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Rural banks in the Philippines are looking to adopt ConsenSys’ Kaleido blockchain platform in bid to boost financial inclusion. This article is originally written and posted on https://www.coindesk.com/rural-banks-tap-kaleido-blockchain-for-faster-transactions-in-the-philippines/.  Visit https://www.coindesk.com/ today…

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Singapore’s central bank is proposing a change to existing exchange market rules aimed to ease blockchain adoption and decentralization. This article is originally written and posted on https://www.coindesk.com/singapore-proposes-regulatory-boost-for-decentralized-exchanges/.  Visit https://www.coindesk.com/ today…

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Taiwanese lawmakers have announced the formation of a parliamentary group aimed to foster the nation’s emerging blockchain sector. This article is originally written and posted on https://www.coindesk.com/taiwan-eyes-blockchain-growth-with-new-parliamentary-alliance/.  Visit https://www.coindesk.com/ today for…

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Forty percent of all Chinese blockchain startups emerged in 2017 alone, according to a new report published by China’s IT Ministry This article is originally written and posted on https://www.coindesk.com/2017-saw-exponential-blockchain-startup-growth-says-chinas-it-ministry/. …

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A scientific institution overseen by China has announced that it will produce monthly assessments of blockchain projects. This article is originally written and posted on https://www.coindesk.com/china-backed-researchers-to-rank-the-worlds-blockchains/.  Visit https://www.coindesk.com/ today for all…

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China’s social messaging giant WeChat has halted a third-party blockchain mini-tool running inside the application, citing a violation of rules.  This article is originally written and posted on https://www.coindesk.com/messaging-giant-wechat-suspends-third-party-blockchain-app/.  Visit https://www.coindesk.com/…

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China’s Ministry of Public Security has developed a blockchain system aimed to more securely store evidence collected during police investigations. This article is originally written and posted on https://www.coindesk.com/chinas-police-ministry-touts-blockchain-for-secure-evidence-storage/.  Visit https://www.coindesk.com/…

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Facebook Forms Exploratory Blockchain Team Led By Coinbase Board Member David Marcus, the head of Facebook’s messaging app Messenger, announced that the social media site is exploring possible applications for blockchaintechnology,…

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Facebook is reportedly launching a team dedicated to blockchain technology, which will be spearheaded by Messenger’s vice president David Marcus.  This article is originally written and posted on https://www.coindesk.com/facebooks-david-marcus-lead-new-blockchain-research-unit/.  Visit https://www.coindesk.com/…

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Singapore’s IP Office is shortening the grant process for fintech related patent applications, including those focusing on blockchain payment. This article is originally written and posted on https://www.coindesk.com/singapore-to-expedite-process-of-awarding-blockchain-payment-patents/.  Visit https://www.coindesk.com/ today…

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Fitch Ratings published a report Wednesday noting that blockchain can be a long-term solution to issues facing the insurance industry today. This article is originally written and posted on https://www.coindesk.com/fitch-ratings-blockchain-potential-game-changer-insurers/. …

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Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship. This article is originally written and posted on https://www.coindesk.com/chinese-metoo-movement-turns-to-ethereum-to-evade-censorship/.  Visit https://www.coindesk.com/…

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China’s National Audit Office thinks blockchain streamline its data storage operations. This article is originally written and posted on https://www.coindesk.com/chinas-official-government-auditor-is-looking-at-blockchain-solutions/.  Visit https://www.coindesk.com/ today for all Crypto News and Information.

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California State Senator Promotes Blockchain Bill For Recording Stock Information Last week, Senator Bob Hertzberg (D), who represents California’s 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial…

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