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Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

Mainstream social media networks have devised an ingenious yet insidious business model. It involves having users generate content and data that then gets collected and monetized by the network. You spend lots of time posting photos, writing comments, liking/sharing content created by others…and you do it all for free. Users do all of the work. … Continue reading Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

China’s Central Bank Accelerates R&D of its Legal Digital Currency

People’s Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency. In July, former PBoC governor Zhou Xiaochuan warned that China must take precautions against Libra and must compete against them. The PBoC started to research on digital currencies as Bitcoin became increasingly popular.   Huawei’s CEO Responds to … Continue reading China’s Central Bank Accelerates R&D of its Legal Digital Currency

TRON Launches Sidechain Solution & Aims to List on Coinbase

Decentralized application platform, Tron (TRX) announced the launch of its sidechain solution, the Sun Network, as revealed in the company’s blog on 11 August.  The Sun Network is a scaling solution that aims to provide unlimited scalability to the Tron MainNet. The Network incorporates several scaling projects such as DAppChain, which is a sidechain scaling project that offers unlimited scalability to the Tron MainNet.   There … Continue reading TRON Launches Sidechain Solution & Aims to List on Coinbase

Premier League Champion Manchester City Tokenizes its Players via Superbloke

The Premier League championship, Manchester city had signedSouth Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan, and South-East Asia. Gacha games involve virtual currency. The club will now be featured in the Superbloke’s online game FC superstar. This development is said to enable … Continue reading Premier League Champion Manchester City Tokenizes its Players via Superbloke

Sierra Leone Revamps National ID Infrastructure with Blockchain

Julius Maada Bio, Sierra Leone’s President, has asserted that the nation intends to use blockchain technology in restructuring the national ID network by the end of 2019. He noted that this would be a considerable breakthrough as financial companies will be provided with the chance to authenticate personal identities and create credit histories.  The ID … Continue reading Sierra Leone Revamps National ID Infrastructure with Blockchain

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

Binance and Paxos Team Up to Launch a New USD-Backed Stablecoin   Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS).   The new stablecoin, Binance USD (BUSD) is reportedly available later this month … Continue reading NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

Crypto activity has shifted significantly from the Americas to APAC/EMEA Crypto equity fundraising ticket sizes have increased by 50%  Crypto M&A and fundraising activity have increased by 51% in 2019 PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. The report was further shared by Henri … Continue reading PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

German Government to Revamp its Energy Sector with Blockchain-Based Strategy

Peter Altmaier, Germany’s Federal Minister of Economics, has asserted that blockchain technology, presents tremendous opportunities in pilot projects. As a result, it will come in handy in revamping the nation’s energy sector through strategies, such as digitalization.  The minister has proclaimed that the German government intends to support various blockchain projects, as well as incorporate … Continue reading German Government to Revamp its Energy Sector with Blockchain-Based Strategy

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has stipulated that his ministry intends to use blockchain technology in upgrading the system infrastructure. The decision comes from the knowledge that blockchain technology will ensure optimal service delivery to the nation’s citizens.  Uttama views blockchain as part of the technological innovations that will maximize efficiency and productivity in the … Continue reading Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration

Adulteration has been a menace in many sectors because the quality standard of a product is usually tarnished. Consumers are the primary victims of adulteration as they do not get value for their money.  India’s Tea Board seeks to mitigate the problem of tea adulteration by using blockchain technology as this will enhance consumers’ experience, … Continue reading India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration

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