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Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain investment dropped 60% from a record 4.1 billion in 2018 to 1.6 billion this year, according to the findings of CB Insights reported on 18 July. Blockchain’s meteoric rise slowed in 2019 Source: CB Insights As seen in from the graph above, traditional venture capital firms invested $784 million into blockchain companies in 227 … Continue reading Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Exclusive: How is Blockchain Disrupting the Music Industry Globally?

With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement! What are the pain points in the music … Continue reading Exclusive: How is Blockchain Disrupting the Music Industry Globally?

New York Times Experiments with Blockchain to Combat Fake News

The New York Times made an announcement regarding their new project by their research and development team focused on experiments using blockchain. They are finding a solution to combat misinformation, adulterated media issues that harm publishers. This solution can be used by the media industry globally in the future. Their News Provenance Project plans to … Continue reading New York Times Experiments with Blockchain to Combat Fake News

Blockchain, Bitcoin, Libra, Facebook

I’ve been told my “definition” of Blockchain differs from the “commonly used” one. This is probably true, so I decided to examine why. First of all, what’s meant by “commonly used”. I have a problem with this idea because I’m yet to understand the parameters of “commonly used”, and am still trying to understand what … Continue reading Blockchain, Bitcoin, Libra, Facebook

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity. In the publication titled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19-23,” outlined the roadmap to implement and support the National Defense Strategy through the lens of cloud, artificial intelligence, command, control and communications, and cybersecurity. … Continue reading United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

The Hong Kong Monetary Authority (HKMA) started exploring blockchain technology with the whitepaper on distributed ledger technology (DLT) in Nov 2016. Since then, the HKMA has been actively leveraging blockchain into trade finance including eTradeConnect, Global Trade Connectivity Network, and we.trade. What is the role of Deloitte Blockchain Lab in these initiatives? We were delighted to interview Dr. Paul Sin, leader of the Deloitte … Continue reading Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

Exclusive: Blockchain at the Stage of Tech Convergence

Exclusive interview with Paul Sin: Part 2 How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believes that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence. He also explained the three challenges for enterprises to implement their own blockchain and various blockchain auditing services … Continue reading Exclusive: Blockchain at the Stage of Tech Convergence

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses. Anonymity and Privacy Many adult entertainment websites have created new ways users will be able to protect their identity details through crypto payment systems. In a research conducted by the studio VogoV last … Continue reading Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

In an effort to increase the level of expertise in the field of distributed ledger technology, the government of Bangladesh has expressed its intentions to send 100 new graduates for blockchain training in Japan and India according to the report by Bangladesh’s English-language newspaper The Daily Star on Aug. 4. The country also plans to … Continue reading Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector. Allianz Global Corporate & Specialty SE (AGCS) has progressively been developing a token-based ecosystem utilizing blockchain technology. Currently, the token is still in the experimental phase, although the basic core infrastructure has already been … Continue reading Allianz Advances with Blockchain-Based Token System