Tag: Adoption

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Largest Indian State to Pilot Blockchain-Based Solar Energy Trading

The Indian state of Uttar Pradesh will pilot a peer-to-peer solar power trading project in partnership with Australian blockchain energy company Power Ledger. The Indian state of Uttar Pradesh (UP) will pilot a peer-to-peer (P2P) solar power trading project in partnership with Australian blockchain energy company Power Ledger. The state power utility UP Power Corporation…
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Binance to Launch Crypto Travel Rewards Card with Startup TravelByBit

Major cryptocurrency exchange Binance announced that it will launch a rewards card facilitating crypto payments on major travel websites with startup TravelByBit. Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites.…
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Afghan Government to Apply Blockchain in Country’s Healthcare Sector

The Afghan government has signed an MoU with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. As Afghan Voice Agency reported on Nov. 27, the…
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Indian Government to Issue National Blockchain Strategy

The Indian government is working on a national blockchain strategy in order to spur further adoption of the technology in the country. The Indian government is working on a national blockchain strategy in order to expand the technology’s adoption in the country.  As the India Times reported on Nov. 27, India’s Ministry of Electronics and…
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Swiss Executive Branch Calls for Improved Regulations for Blockchain

The Federal Council of Switzerland has called for the improvement of regulatory conditions for blockchain and distributed ledger technology in the country. The Federal Council of Switzerland — the country’s executive governing body — has called for a better regulatory framework for blockchain and distributed ledger technology (DLT) in the country. According to an official…
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Thailand Introduces Blockchain-Based Tax Refunds for Oil Exporters

The Excise Department in Thailand plans to change its current tax refund practice by introducing a blockchain-based tax payback system for oil exporters. The Excise Department in Thailand is poised to introduce a new way of refunding overpaid taxes to oil exporters by using blockchain technology. On Nov. 25, director-general Patchara Anuntasilpa told the Bangkok…
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Crypto Booking Firm Travala Partners with Travel Giant Booking.com

Crypto-friendly travel service Travala will now let its customers reserve any hotel that available through bookings giant Booking.com. Travala, a service that allows its users to pay for hotel stays with cryptocurrency, will now let its customers reserve any hotel that is bookable through Booking.com. Travala announced in a press release on Nov. 25 that…
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French Central Bank Official Wants to Improve Financial System With Blockchain

The first deputy governor of the French central bank has called for distributed ledger technology-based settlements and payment systems in Europe. The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe. Speaking at the AFME Annual Capital Markets Technology and Innovation Conference on…
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Formula 1-Branded Blockchain Game to Auction Digital Race Car Tokens

Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens on Nov. 28. Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens (NFTs) later this week.…
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Amount of Ether Locked in DeFi Is Growing Despite Price Slump

The number of Ether locked in decentralized finance applications reached an all-time high of 2.7 million. The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June.  Of the 2.7 million ETH…
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