Today's Hot Topics

Washington Acknowledges Blockchain Records as Legally Valid

Wahington DC has just passed a bill that recognises and protects the legal status of electronic records in regards to distributed ledgers like blockchain. The bill in question is a substitute senate bill 5638 that was signed into effect by Governor Jay Inslee at the end of April. The original version of the bill had its first reading by the Washington State legislature on 25th January this year. The bill has now been passed with a 96-1 vote and will go into effect in July 2019. However, this new law has a catch that prevents discrimination against electronic records which...

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Hoskinson Launches Enterprise Blockchain Framework For Ethiopia

The founder of Cardano and the CEO of IOHK, Charles Hoskinson announced the launch of an enterprise framework that looks to provide financial services to billions of people living in African countries. Dubbed as Atala, IOHK’s framework is intended to serve as a solution provider for developers, companies and governments looking to integrate new products. Speaking to Forbes’ Rachel Wolfson, Hoskinson said: “Atala is an enterprise framework similar to Hyperledger Fabric. However, the point is to be a solutions provider for governments in need of a municipal currency or a supply chain management system. This requires a type of framework...

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Singapore Hosts 3rd Blockchain For Finance Conference

Singapore once again signals its importance in the Asia Pacific region when it hosts the leading conference for banks and financial institutions looking to implement Blockchain technology. The event held on 7th – 8th May in the swanky Novotel Singapore is ideally situated in the historic riverside district of Clarke Quay, only a short stroll from Chinatown. The conference aims to provide a mix of discussion including looking ‘beyond the tech’ at the non-technical challenges hindering wide-scale adoption including industry education, legal concerns and the uncertainty about regulation.  The audience is made up of 300 senior banking executives who are...

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How Blockchain Could Boost Global Shipping Companies Like FedEx

The recent Blockchain Global Revolution was held in Toronto Canada where the FedEx, CIO Rob Carter called on governments to integrate mandated blockchain standard for the worldwide shipping industry. He claims that this would allow authorities to better track the provenance of goods and help combat the trafficking of counterfeit items and illegal goods. So where Carter says FedEx isn’t an organisation to push for more regulatory control, he thinks that mandated blockchain standards would be incredibly helpful, as they would digitise the information-packed paper trail. “There’s an incredible amount of information moving with an international package. An incredible amount...

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Blockchain Integrated For Civic Pay Vending Machine Services

Several Vending machine providers that have an installed base of more than a million built vending machines have signed up for Civic Pay. if you haven’t heard of Civic Pay, then let us give you a quick summary. The blockchain payment platform combines identity and age verification, QR code mobile payments, loyalty and rewards. The Civic Pay platform uses the identity and age verification, payment and rewards process into a single transaction. In order to use this vending machine, customers must initially go through a one-time online identity verification check using a document providing proof of their date of birth....

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