Human resources firm Randstad, which recently became a global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain. Human resources firm Ranstad, which recently became global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain. The firm’s 40,000 employees will be…
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NH Bank rolls out first commercial use of a blockchain ID system developed by major South Korean firms like Samsung and LG Uplus. A major blockchain identification project backed by South Korean tech giant Samsung is being rolled out for first commercial use. South Korea’s NongHyup (NH) Bank has introduced a blockchain-based mobile ID system…
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From payments to asset management and even data privacy, DeFi solutions are spreading across multiple sectors. As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized finance, or DeFi, simply refers to financial software that…
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A London-based blockchain startup Mattereum’s Asset Passport goes live on Ethereum mainnet. Its goal is to provide authentication services for collectible items in order to combat counterfeits and provide investors with fractional investment opportunities. Matterum’s platform for authenticating collectible items is now live, and it’s already processed several $10,000 William Shatner figurines. According to its…
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A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees. An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17. The hacker, Samy Bensaci, is accused by…
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A 19-year old U.S. resident has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 American victims. A 19-year old man has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 victims in the United States. A…
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The U.S. Department of Homeland Security has awarded $200,000 to a Virginia-based firm to develop blockchain security solutions. The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14. The Department’s Science and Technology Directorate (S&T) made the Phase…
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A Central Bank of Azerbaijan official says a blockchain-based digital ID system will be adopted in the Q1 2020. The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says…
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Tests of a blockchain car identification and payment system deployed by automakers Renault, BMW, General Motors, Ford and Honda will start next month. Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain car identification and payment system next month in the United States. Automakers envision self-paying cars,…
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The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly claimed that the…
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