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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

United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020

In a press releasepublished on Sept. 17, Wells Fargo had expressed the intention of the bank to create a payment network that would be based on distributed ledger technology (DLT). Wells Fargo Digital Cash is the name of the dedicated platform that payments will be working with. The bank says that this concept will have to … Continue reading United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020

Blockchain Unleashed at the United Nations General Assembly on the Global Crisis

Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA) on how businesses and political involvement have stolen her dreams by the lack of response to the crisis. The burning platform created by Thunberg and the Global Climate … Continue reading Blockchain Unleashed at the United Nations General Assembly on the Global Crisis

United States Financial Regulators Sign Onto the Global Financial Innovation Network

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

United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

The United Africa Blockchain Association (UABA) has lamented the decision by First National Bank (FNB) to terminate its banking services to crypto exchanges, as well as intermediaries trading in cryptocurrencies.  The bank stated: “Following a comprehensive review of the potential risks currently associated with these entities, particularly given that appropriate regulatory frameworks are not yet in … Continue reading United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain

The United Nations Development Programme (UNDP) has been working with blockchain development firm BitFury in an effort to help the country reduce its greenhouse emissions by more than 15 percent as this would conserve and boost Kazakhstan’s Forestland as a part of the United Nations sustainable development goals. According to the Astana Times, BitFury is … Continue reading United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain

First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive

Former Wall Street executive and blockchain laws advocate Caitlin Long has seized the opportunity to establishthe first crypto-native bank in the United States. This opportunity came as an advantage as the Wyoming legislature has been progressive, and Long previously helped Wyoming to enact thirteen blockchain-enabling laws. Long made the observation that a critical piece of … Continue reading First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

The Federal Bureau of Investigation (FBI) has arrested a Russian man for trying to recruit an employee of a Nevada-based firm to install malicious software inside the company.  According to the Department of Justice, a 27-year-old Russian citizen, Egor Igorevich Kriuchkov, was arrested on Saturday 22 August. The criminal was charged on Monday 24 August … Continue reading Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

The House of Representatives will vote for the first time on a bill that specifically aims to ensure the United States remains competitive with China in the race for blockchain and technological supremacy when it meets via webinar to discuss the American COMPETE act. The American Competitiveness of a More Productive Emerging Tech Economy Act … Continue reading United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

TikTok and WeChat Get Banned From United States App Stores

President Donald Trump’s administration will ban social music video sensation TikTok from the United States app stores, making it unavailable for download.  The Trump Administration’s ban of TikTok which was made known by the US Department of Commerce is also accompanied by the ban of WeChat, another Chinese-owned social app that is operational in the … Continue reading TikTok and WeChat Get Banned From United States App Stores

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