Search Results for: INDUSTRIAL

Bangladesh Cashing in into the Blockchain Bandwagon Ahead of the 'Fourth Industrial Revolution'

Blockchain technology has seen an increasing amount of adoption, from large conglomerates researching its uses and testing it out, to officials such as President Xi Jinping, endorsing and seizing the opportunities that it may bring.  Dr. Mohammad Saifur Rahman, the US-based blockchain expert, said that blockchain can have applications in financial industries, including remittance, credit, … Continue reading Bangladesh Cashing in into the Blockchain Bandwagon Ahead of the 'Fourth Industrial Revolution'

Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.” The committee would be made up … Continue reading Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

Riddle&Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3

Vienna, Austria, 2nd November, 2022, Chainwire Riddle&Code, one of Austria’s fastest-growing startups, has established a new path of digitalization for industrial companies with its evolved purpose – onboarding industries to Web3. For many industrial companies it is challenging to transition into the new standards and find their way in the Web3 universe, often delaying entry into … Continue reading Riddle&Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3

The World Economic Forum Forms Six Tech Policy Councils Including Blockchain

The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May. The councils gathered for the first time for the Fourth Industrial Revolution Network … Continue reading The World Economic Forum Forms Six Tech Policy Councils Including Blockchain

Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining

The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining. This is in line with Iranian internal laws that facilitate the growth of mining firms across the country. Crypto mining in Iran is gaining popularity with its cheap electricity … Continue reading Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining

117 Smuggled Crypto Mining Machines Seized by Iranian Police

Following the wake of the Iranian government in the authorization of cryptocurrency mining as industrial activity in July, the Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31. The mining machines which were said … Continue reading 117 Smuggled Crypto Mining Machines Seized by Iranian Police

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Declares China a ‘Currency Manipulator’ The US Treasury Department officially designated China as a “currency manipulator” on Monday following the most significant stock market losses the US has seen in 2019. There was a 2.9% plunge overnight in the Dow Jones Industrial Average, Nasdaq down 3.4% while Bitcoin is up 3.2% as tweeted by Tim Draper.  In a … Continue reading US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

iSunOne, a financial services company, has collaborated with Malaysia Productivity Council (MPC) to develop the first-ever Islamic financial network based on blockchain technology. Explicitly, MPC was created as a joint undertaking between the Malaysian federal government and the United Nations Special Fund. iSunOne is expected to be allocated more funds for the project, whereas MPC … Continue reading iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

Hong Kong with its Incredibly Unique Positioning in FinTech

In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how … Continue reading Hong Kong with its Incredibly Unique Positioning in FinTech

FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

The Fourth Belt and Road Summit was held over two days in September at the Hong Kong Convention and Exhibition Centre (HKCEC). The Summit was organized in a joint effort by the Hong Kong Government, the Hong Kong Trade and Development Council (HKTDC). The event was attended by top government officials and business leaders from … Continue reading FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

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