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UAE Can Save Over $3B by Deploying Blockchain, New Research Reveals

The deployment of blockchain technology can save the United Arab Emirates more than $3 billion, new research shows. The deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings. The findings were revealed in a white paper entitled “Inclusive Deployment of Blockchain: Case Studies and Learning…
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JPMorgan’s DLT Spin-off Completes Industry’s First Hybrid Blockchain

JPMorgan’s blockchain spin-off Kadena has launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” JPMorgan’s blockchain spin-off Kadena has fully launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” Launched on Jan. 15, Kadena’s public blockchain includes full transactions and the ability to write smart…
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Power Ledger Integrates Blockchain-Based Energy Auditing in Solar Power Asset

Australia-based blockchain energy firm Power Ledger has purchased a 250 kW photovoltaic system that will use a blockchain-based data management and settlement system. Australia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system. Per a press release shared with Cointelegraph on…
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US Treasury to Complete PoC of Blockchain-Based Grants Payment System

The U.S. Treasury Department has almost completed tests of a blockchain-based grants payment capability. The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations. As the Business of Federal Technology reported on Jan. 10, the Treasury Department…
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Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China

Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. In an inaugural rankings report by Hurun, which is…
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China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency. The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC). As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC)…
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Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin

BlockFi, a major cryptocurrency lending firm, has added two new assets to its offering, Litecoin and USD Coin. Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies. According to a press release shared with Cointelegraph on Jan. 8, the firm has added major altcoin Litecoin…
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Binance Charity Launches Relief Effort for Australian Bushfires

To address the after-effects of the bushfires in Australia, Binance Charity Foundation is donating $1 million in BNB tokens to the Australia Bushfire Donations project. To address the after-effects of the bushfires in Australia, the Binance Charity Foundation (BCF) is donating $1 million worth of BNB tokens to the Australia Bushfire Donations project. In a…
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Decentralized Aragon Court Now Onboards Jurors to Settle Real Cases

Decentralized management platform Aragon One has begun onboarding jurors for its Aragon Court, set to launch in mid-February. Decentralized management platform Aragon One has begun onboarding jurors for its decentralized Aragon Court set to be launched in mid-February. Per Aragon’s official website, the company developed a community governed decentralized organization, with the objective of operating…
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Crypto Booking Service Sees 33% Boost After Partnership With Booking.com

Revenue of crypto accommodation booking service Travala increased by over 33.5% month-on-month after partnering with Booking.com. Cryptocurrency-accepting booking service Travala has seen its revenue for the month of December go up by over 33.5% month-on-month following a partnership with Booking.com. According to a post published on the firm’s official blog on Jan. 1, Travala has…
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