After China announced its new focus on the blockchain technology last week, South Korea follows suit with additional investments. The country’s government will invest some USD 12.8 million in blockchain projects in 2020, the Ministry of Science and ICT has confirmed. Per Fn News, the ministry has outlined a range of spending plans it hopes…
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Source: iStock/jbk_photography Financial services giant Mastercard may have left Facebook’s Libra behind, but the company still has big blockchain-related plans – and is looking to move into the world of blockchain-powered food supply chain traceability. Per a press release, Mastercard says it has begun working with blockchain provider Envisible and Topco, America’s largest retail food…
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China’s most recent bout of cryptocurrency and blockchain fervor shows no sign of subsiding – with regulators stating they are already looking at applying blockchain technology to cross-border trade finance. Meanwhile, it appears that the country’s citizens are brushing up on their crypto knowledge online en masse. Per reports from Reuters and Bloomberg Japan, Lu…
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China’s President Xi Jinping urged the country to accelerate the development of blockchain technology due to its importance “in the new round of technological innovation and industrial transformation” of China. The President was speaking at a group study session of the Communist Party of China Central Committee Political Bureau on the development of blockchain, Read…
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The Bank of Lithuania (BoL) sees an increased interest in security token offerings (STOs) and estimates that this new form of raising capital will become more popular. The bank issued the Guidelines on STO earlier this week and is reaching the final stage in creation of its blockchain-based technological platform. Vaidas Cibas, Head of Regulated…
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Source: iStock/apichon_tee Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news South Korea’s mobile payments platform powered by Terra’s blockchain technology, CHAI, came out with a series of achievements since its launch in June 2019. The…
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The world’s largest smartphone maker, Samsung has added 12 new decentralized apps (dapps) to its mobile wallet marketplace, the Samsung Blockchain Keystore. Almost half of the new dapps are gaming titles. Per media outlet Decenter, the new gaming dapps are: DarkTown Yangpa Kisadan (literally “Onion Knights”)Spookiz Link Puzzle (the first three developed by Itam Read…
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Source: Instagram, Binance Major cryptocurrency exchange Binance has joined South Korean chat app giant Kakao’s Klaytn blockchain project as the newest member of its governance council. Per a press release, Binance has become the council’s 25th partner, and will also take part in consensus node operation. Blockchain business consultant Lee Jong-cheol told Cryptonews.com, “This is…
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A Taiwanese tech giant, HTC, came out with a new rendition of their blockchain-powered smartphone Exodus 1. Let’s check out what differentiates the two models. HTC launched its Exodus 1s on October 19th at Berlin’s Lightning conference, but only in Europe and a few other countries. As a reminder, HTC partnered up with Kyber Network…
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Eleven South Korean companies are teaming up for a government-backed “consortium-type” blockchain network that will allow citizens to ditch paper-based certificates, employee ID cards, degree certificates, insurance claims documents and more in favor of a mobile-based blockchain solution. Per Kyunghyang Shinmun, the release date has been brought forward to Read more »Pay/Trade/Buy Bitcoin with Credit…
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