Tag: Blockchain

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Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain

Footwear giant Nike patented shoes that are tokenized as a non-fungible token on the Ethereum blockchain, dubbed CryptoKicks. Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain, dubbed CryptoKicks. The patent — dated Dec. 10 — describes a digital asset for footwear and ways to use it.…
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JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report

JPMorgan’s blockchain payments network will reportedly launch in Japan in 2020, with Japanese banks making up the majority of participating financial institutions. JPMorgan’s blockchain-based payment network will launch in Japan in early 2020, Cointelegraph Japan reports on Dec. 10. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment…
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After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings

China’s tech workgroup has released its fifteenth blockchain rankings report, with Ethereum being promoted to second place after its recent hard fork. China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released…
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Lithuanian Central Bank Announces Blockchain Collector Coin

The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year. The Bank of Lithuania announced that it will release a digital, blockchain-based collector coin in the spring of 2020, according to a press release on Dec. 9. The coin is dedicated to the Act…
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LedgerX Places Founders On Leave Following Public CFTC Woes

LedgerX board of directors have placed co-founders Paul and Juthica Chou on administrative leave, effective immediately. The board of directors of Ledger Holdings, Inc., parent company to LedgerX, announced that co-founders Paul and Juthica Chou have been placed on administrative leave, effective immediately. In a Dec. 9 press release, the Bitcoin (BTC) derivatives exchange LedgerX…
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China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds

The People’s Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises. The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises. According…
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EToro to Issue Debit Cards Starting Q2 2020

Multi-asset investment platform and social network eToro is reportedly planning to launch a debit card in Q2 2020. Multi-asset investment platform and social network eToro is allegedly planning to launch a debit card in the second quarter of 2020. On Dec. 9, Business Insider reported that the United Kingdom-based digital asset trading platform’s 12 million…
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A Reality Check: Blockchain and DLT in International Trade

New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry. Distributed ledger technology, colloquially termed “blockchain,” is making a bold promise to help bring the trade industry into the digital age. To help shed light on the intricate workings of the technology and the role…
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Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits

The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc…
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Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges

As Ethereum successfully performs Istanbul hard fork, several crypto exchanges announced support for the network update. Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade. Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software…
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