Search Results for: Urban

Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education

Chengdu, the capital city of China’s Sichuan province, seeks to form a blockchain application to revolutionize cross-border trade, urban governance, smart manufacturing, government services, smart education, financial services, smart healthcare, and smart agriculture by 2022. Creating 30 typical blockchain application scenarios This information was disclosed during the city’s international blockchain industry expo dubbed the 2020 … Continue reading Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

In a letter addressed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has expressed her support for the implementation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for stablecoins. Warren’s letter emphasizes the importance of adopting the full suite of AML tools requested by the Treasury Department in a November … Continue reading Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).      The FIN recommended that virtual asset service providers (VASPs) should be regulated based on the type of service that they provide, as stated in testimony. The … Continue reading US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

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

Abu Dhabi to Integrate Land Records on the Blockchain Platform

The capital of the United Arab Emirates (UAE), Abu Dhabi has revealed its intentions of putting its land registry system on the blockchain. In a bid to achieve this objective effortlessly, the department of Urban planning and municipalities had gone into partnership with the Indian IT firm Tech Mahindra. According to a press release that … Continue reading Abu Dhabi to Integrate Land Records on the Blockchain Platform

Indian Engineering Students Develop Blockchain-based Smart Voting System

Three Computer Engineering Students, from Malla Reddy Engineering College for Women, have created a Blockchain-based Voting System which will allow votes to be casted online, instead of the manual means of standing in a poll line. The Hindu BusinessLine published this report on Oct. 21. The news stated that the students were driven by an … Continue reading Indian Engineering Students Develop Blockchain-based Smart Voting System

How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

Air pollution, one of the plagues currently troubling the human population. In countries like Delhi and china, because of severe air pollution, it is common to see people move around with gas masks, and sometimes motorists have to seal their car doors and windows with tape, because of the danger of breathing polluted air. Many … Continue reading How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

Since President Xi Jinping’s call for an acceleration of blockchain development in China, the Middle Kingdom has not taken a backward step in the technology’s integration. As reported by the Global Times on Nov. 4, China has integrated an independently developed blockchain-based identification system for its cities into its smart city infrastructure. The new identification … Continue reading China Updates Smart City Infrastructure with Blockchain-Based City Identification System

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).   In an article published on Nov. 26, the WEF highlighted the true value that digital currencies such as stablecoins could have on creating a fairer and … Continue reading WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

China’s Low-Cost National Blockchain Service Network to Launch in April

The Chinese government’s State Information Center revealed its plans for its national Blockchain Service Network (BSN), aiming to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network.  Tang Sisi, the Deputy Director of the Smart City Development Research Center of the State Information Center said that the BSN will … Continue reading China’s Low-Cost National Blockchain Service Network to Launch in April

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