Microsoft Azure Announces Blockchain Tokens

Microsoft Azure has announced its new tokenization and blockchain data management services. According to the announcement, the IT service company mentioned the Azure Blockchain Tokens and blockchain data manager. The Azure Blockchain Tokens service intends to simplify the definition, creation, and management of compliant tokens built to industry standards. Microsoft also …

Bank of China Issues Blockchain Bonds Worth $2.8B

Bank of China has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small businesses with their own blockchain platforms. The bank announced that it has completed pricing and issuance of the bonds for the first period this week and the two-year bond will come to the market with …

India Launches a Blockchain App to Help Victims Report Sexual Assaults

A new app India called Smashboard is trying to address some issues such as sexual assault through blockchain technology. The app is founded by Noopur Tiwari, an independent journalist, the app, launched on November 12, known as “digital ally” for women, men, and non-normative gender survivors of sexual abuse.  Tiwari …

MUFG Bank is Not Developing its Cryptocurrency

MUFG Bank, one of Japan’s largest banks also known as the world’s fifth-largest bank, has denied reports which reveal its plans to launch a cryptocurrency in Japan next year. According to the statement from the Mitsubishi UFJ Financial Group Bank (MUFG) states that it didn’t decide whether a recent business partnership would …

British Virgin Islands (BVI) Partners with LifeLabs

LifeLabs, a Blockchain startup has announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). The press release mentioned that the currency is part of a broader initiative to grow the local fin-tech sector and will be presented during the BVI Digital Economy symposium.  …

Cisco Patent will Secure 5G Networks with a Blockchain

Cisco, the world’s one of Network tech giants has won a patent detailing how it could leverage blockchain to secure the data in 5G telecommunication networks. The company submitted a patent application in June 2018 for a blockchain platform that can be natively integrated into wireless networks. The filing from the U.S. …

American Citizen Jailed For Training North Korea

American prosecutors have arrested Virgil Griffith, who traveled to the Democratic People’s Republic of Korea (DPRK) to make a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions. According to the announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and charged with conspiring to …

Russia Considers Ban on Using Cryptos As Means of Payment

Russia has planned to ban the use of cryptocurrencies to pay for goods and services. According to a report, multiple sources allegedly familiar with ongoing discussions at the country’s central bank, financial regulator and Ministry of Finance in support of a ban. As of now, cryptocurrencies can be used for e-commerce …

Indians Will Have National Blockchain Strategy

The Indian government has planned to launch a national blockchain strategy to expand the technology’s adoption in the country. According to the report, India’s Ministry of Electronics and Information Technology (MeitY) said that it sees the potential of blockchain technology and the need for the development of a shared infrastructure to …

France to Improve Financial System with Blockchain

French central bank’s first deputy governor has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe. While speaking at the AFME Annual Capital Markets Technology and Innovation Conference on Nov. 21, Denis Beau, the first deputy governor of Banque de France, highlighted the issue of policy frameworks that could …

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