Blockchain and IoT: Transforming Hong Kong into a Smart City In December of 2016 the Hong Kong Government released the Smart City Blueprint with a vision to develop Hong Kong into a world-class smart city. The key aims of this transformation are to improve the connectivity, efficiency and environment of Hong Kong by leveraging advances … Continue reading Blockchain and IoT: Transforming Hong Kong into a Smart City
Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from … Continue reading What Global Regulators Think of Libra: The Asia Pacific Edition
This article is contributed by our content partner, Nexchange NOW. “Blockchain technology might not be the ideal system, but might be a conduit for humanity from a fish tank to the ocean.” Dr. Patrice Poujol: The day we came up with our press release, Wesley Snipes said he was launching his 25 million dollar tokenized … Continue reading NexChange Interview Series: Dr. Patrice Poujol, Part 2
Peertec, a leading blockchain-focused fintech firm, has revealed its strategic collaboration with Penta Security, a highly valued web and data security company. According to the announcement on October 15, 2019, the two South Korean firms have partnered to boost Peertec’s infrastructure security using blockchain technology. The security of its GDAC cryptocurrency exchange and services is … Continue reading Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security
The Malaysian news outlet The Edge Markets reported in mid-October that the largest Malaysian bank (Maybank) would work alongside the National Bank of Cambodia to encourage cross – border payments and remittances. This agreement will explore the possibility of transferring funds between Cambodia and Malaysia through NBC’s blockchain-based ‘Bakong’ payment system at both levels; domestic … Continue reading Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
In a report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN). These regulatory agencies include the Federal Deposit Insurance Corporation (FDIC), the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the Office of the Comptroller … Continue reading United States Financial Regulators Sign Onto the Global Financial Innovation Network
The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute, has signed an agreement with multinational telecommunications giant Huawei. Fan Yifei, the PBoC deputy governor signed the fintech research cooperation agreement between Huawei and PBoC’s Digital Currency Research Institute in Shenzhen at Huawei’s headquarters. Huawei said that the “strategic cooperation” agreement is for FinTech research. Fan also … Continue reading China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store. This partnership is daunted as the most ambitious project to happen in Switzerland as … Continue reading Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising. As oil and gas resources play an imperative role in the energy sector, the technologies of the industry have also developed quickly in recent years. It can be seen that the oil and gas industry … Continue reading US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada
Changelly, a non-custodial instant cryptocurrency exchange platform, has strategically partnered with Bitcoin.com Exchange, a new cryptocurrency exchange in the crypto market to ensure that customers enjoy seamless swapping of cryptocurrencies at the best rate available. With this new partnership, Changelly will act as a broker between the exchange and its customers by picking up rates … Continue reading Bitcoin.com Exchange Collaborates With Changelly For Seamless Crypto Swaps