TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Korean government announces 2020 funding plan for blockchain projects
The Korea Internet and Security Agency (KISA) is going to support multiple blockchain-focused projects in 2020 with 10.5 billion won (approximately $9 million) in funding, CoinDesk reported.
· Technology
- Former FATF executives join blockchain network Shyft’s advisory board
Josee Nadeau, former head of the Canadian delegation to the FATF, and Rick McDonell, former FATF executive secretary, are the latest to join Shyft’s board of advisors.
· People
- Inter-American Development Bank to trial blockchain technology for land registries
The Inter-American Development Bank (IDB), the main source of multilateral financing in Latin America, is embarking on a two-year project that aims to land titling and registrations on a blockchain.
· Technology
- Inxight/Scanetchain enters into partnership with Global blockchain conference Blockshow
Scanetchain has recently announced that the company has entered into an official partnership with Blockshow earlier this month. The decentralized application ‘Inxight’ created by Scanetchain will be providing AR scan …
· Business
- Deutsche Telekom subsidiary to launch Blockchain as a Service marketplace in 2020
T-Systems, a subsidiary of leading German telecom firm Deutsche Telekom, has announced that it will offer a Blockchain as a Service marketplace to its business customers, starting next year.
· Technology
- Crypto exchange Bittrex to launch new Liechtenstein-based trading platform, close Bittrex International
Leading cryptocurrency exchange Bittrex has announced that it will be shutting down Bittrex International, which is operated out of Malta, on October 29.
· Business
- Blockchain startup R3 files trademark lawsuit against competitor over ‘CORDA’ brand
Blockchain firm R3 is suing O(1) Labs Operating Corporation for launching a decentralized blockchain protocol under ‘CODA’ trademark, which it claims is “confusingly similar” to its ‘CORDA’ trademark.
· Business
- Tech Mahindra teams up with Quantoz to offer blockchain-as-a-service for secure digital payments
Indian IT firm Tech Mahindra has partnered with Netherlands-based blockchain startup Quantoz to offer Blockchain-as-a-Service for secure digital payments.
· Technology
- Blockchain travel verification startup Zamna secures $5M in seed funding
Blockchain travel verification startup Zamna has secured $5 million in a seed funding round led by LocalGlobe and Oxford Capital, TechCrunch reported.
· Business
- Beowulf Offers HackerOne $100,000 Bounty to Break Its Blockchain Layer
Decentralized cloud network Beowulf has enlisted the services of cybersecurity firm HackerOne to attempt to hack the company’s blockchain layer. By inviting hackers to join a bounty to hack Beowulf’s system, the block…
· Business
- Digital Currency and Blockchain Weekly Round-Up – October 25th, 2019
Four US financial regulators join UK FCA-led global fintech sandbox The Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), Office of the Comptroller of the Currency (OCC) and th…
· Technology
- Crypto exchange Huobi Japan secures $4.6M from FPG
Regulated cryptocurrency exchange Huobi Japan has raised around 500 million yen (approximately $4.6 million) from Financial Products Group (FPG).
· Business
- Kakao’s blockchain platform Klaytn onboards OKEx, Huobi Wallet and more partners
Klaytn, a global public blockchain platform developed by Kakao’s subsidiary Ground X, has announced the onboarding of a number of new partners.
· Business
- Korean blockchain startup Coinplug raises $6.4M from Mirae Asset Venture Investment, KB Investment
South Korean blockchain firm Coinplug has raised 7.5 billion won (~ $6.4 million) from venture arms of a number of Korean financial institutions, bringing the total funding to over $12 million to date.
· Business
- Bakkt announces plan to launch options on its bitcoin futures on December 09
Intercontinental Exchange's (ICE) crypto platform Bakkt has announced that it will launch options contract for bitcoin futures on December 09.
· Business
- Four US financial regulators join UK FCA-led global fintech sandbox
Four U.S. financial regulatory authorities have joined the Global Financial Innovation Network (GFIN), a global fintech sandbox led by the UK Financial Conduct Authority (FCA).
· Technology
- US CFTC transforms its fintech research lab ‘LabCFTC’ into independent office
LabCFTC, an initiative launched by the U.S. Commodity Futures Trading Commission (CFTC) to promote responsible fintech innovation, is being upgraded as an independent office, CoinDesk reported.
· Regulation
- SIX, Fenbushi Capital and others back crypto trading infrastructure provider SIBEX’s $1.8M seed round
SIBEX, a Switzerland-based startup that leverages blockchain technology to enable peer-to-peer (P2P) crypto trading, has secured CHF 1.78 million (~$1.8 million) in its seed funding round.
· Business
- Binance and HashKey Pro list Blockstack’s Stacks Tokens
Blockstack’s Stacks token has been listed on Binance, the world’s largest crypto-exchange by market volume, and HashKey Pro, the institutional exchange of leading Hong Kong fintech group HashKey.
· Business
- IBM, TBCASoft and SoftBank partner to allow telecom companies adopt cross-carrier blockchain solutions
U.S.-based blockchain firm TBCASoft, Japan-based SoftBank, and tech giant IBM are teaming up to transform the telecommunications industry with cross-carrier blockchain solutions.
· Technology
- Indian IT firm TCS streamlines fragmented loyalty programs using R3's Corda blockchain platform
Indian IT giant Tata Consultancy Services (TCS) has launched a blockchain-based multi-brand customer loyalty platform using R3’s Corda platform.
· Technology
- Congress grills Facebook’s Mark Zuckerberg over Libra cryptocurrency and trust issues
Facebook CEO Mark Zuckerberg faced members of Congress on Wednesday, October 23, on the social media giant’s plans to launch its own cryptocurrency.
· Regulation
- Blockchain solutions provider PeerNova secures $31M in latest funding
Enterprise software company PeerNova has secured $31 million in a strategic funding round led by an existing investor, Mosaik Partners.
· Business
- Blockchain Media Alliance officially launches to connect global media industry
More than 50 blockchain media companies and affiliates gathered under one roof on October 21 in Seoul, South Korea to launch a new initiative aimed at transforming the media industry.
· Business
- Digital Currency and Blockchain Weekly Round-Up – October 18th, 2019
US Fed actively looking and debating digital currency issuance: Dallas Fed President Robert Kaplan A Fed official has recently said that the central bank was in fact “actively looking at and debating” the possibility …
· Technology
- Telegram’s claim “Grams will not be security once TON Blockchain launches” is insufficient, argues SEC
In a new filing, the U.S. Securities has responded to Telegram’s counterclaim, arguing that the messaging giant is likely to violate federal securities laws again.
· Business
- US Senator comes out in support of Facebook’s crypto, finds hostility towards Libra “puzzling”
A US lawmaker has condemned the letter sent by Senators Brian Schatz and Sherrod Brown in which they warned Visa, Mastercard, and Stripe “to proceed with caution” over their involvement in the Libra project.
· People
- IBM, Raw Seafoods partner to digitize scallops supply chain using blockchain
Tech giant IBM has announced a new initiative to digitize the supply chain for scallops using blockchain technology.
· Technology
- India’s Reliance Industries reveals blockchain plans for Bill of Lading and Letter of Credit transactions
Reliance Industries, an Indian multinational conglomerate, plans to digitize two important documents involved in the exchange and transport of goods using blockchain technology.
· Technology
- Crypto exchange Upbit operator Dunamu to launch OTC trading platform for unlisted securities
Dunamu, the operator of South Korean cryptocurrency exchange Upbit, is planning to launch a comprehensive over-the-counter (OTC) trading platform for unlisted securities.
· Business
- Stablecoin initiatives highlight shortcomings in cross-border payments: G7 Working Group
A G7 working group has said that global stablecoins (GSCs) can pose challenges to the international monetary system, while also noting their potential to facilitate a more efficient global payment system.
· Insights & Views
- Telegram calls SEC’s emergency injunction “unreasonable”, argues gram tokens are not securities
Messaging giant Telegram has filed a response to the U.S. Securities and Exchange Commission (SEC), which obtained a restraining order last week against the company alleging that it conducted an unregistered token sal…
· Business
- Bermuda to develop blockchain-based national ID system with Shyft and Perseid Network
The government of Bermuda has teamed with Shyft Network to develop a blockchain-based national identity system.
· Technology
- Samsung SDS partners with Tech Mahindra and Pega to launch blockchain-based traceability solution
Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, is teaming up with Indian IT firm Tech Mahindra and American software company Pega to launch a blockchain-based traceability solution.
· Technology
- Telegram proposes to postpone TON blockchain project launch to April 2020, seeks investors’ consent
Messaging giant Telegram is looking to push back the launch of its TON blockchain project to April 30, 2020, from the initial deadline of October 30, 2019.
· Business
- Beowulf Blockchain to Transform the Teaching and Training in the Field of Medicine
The 1st International Health Informatics Conference (HEALTHINFO I) was organized at the University of Technology of Ho Chi Minh City with the theme “Gearing towards the Future Solutions for Smart Hospitals in Vietnam”…
· Technology
- Burj Khalifa owner Emaar taps JPMorgan’s Quorum blockchain for new rewards and loyalty platform
Dubai-based property developer Emaar, best known as the firm behind the world’s tallest building, Burj Khalifa, is going to launch a blockchain-based referral and loyalty platform later this year.
· Technology
- Towo Labs secures investment from Xpring to develop XRP hardware wallet firmware
Ripple’s investment arm Xpring has made an investment in Swedish crypto startup Towo Labs. The amount of investment has not been disclosed.
· Business
- US Fed actively looking and debating digital currency issuance: Dallas Fed President Robert Kaplan
A number of central banks around the world, including the People’s Bank of China (PBoC), the Swiss National Bank (SNB), Eastern Caribbean Central Bank (ECCB), and Sweden’s Riksbank, are exploring digitized versions of…
· Technology
- EY launches blockchain solution to enhance public fund management
Global auditing giant EY has launched a new blockchain solution to help improve the financial management of public funds by governments.
· Technology