The Queen Likes Blockchain – And I’m Convinced It’s No Empty Gesture

Blockchain technology isn’t exactly the first thing you’d associate with the 94-year-old monarch, Queen Elizabeth of the United Kingdom. However, a blockchain journal from the British Blockchain Association has caught the Queen’s eye. Validation and support from such a prominent figure will certainly not harm the fledgling industry. When I think of publications and projects that could potentially catch the eye of the Queen, blockchain isn’t something that comes to mind. Yet, this is exactly what happened. The British Blockchain Association decided to send Her Majesty an edition of the…

VIC Rewards and XcelTrip bring blockchain enabled Vitality Packages to consumers

This is a press release. CEO of XcelTrip, Mr. Gyanendra Khadka, and Dr. Richard Satur, CEO of VIC Rewards, are joining hands and e-Commerce platforms in partnership to dominate the worldwide Medical- Tourism Marketspace! Together, the business-duo plan to create synergy to take on the ASEAN, Indian and Korean wellness and vitality digital marketspace. Currently, the two companies are working in tandem to raise the stakes and bring consumer wellness value to the aforementioned markets. The partnership between XcelTrip and VIC Rewards is a unique and promising one. To understand…

DTCC Calls on Banks and Regulators to Help Address Blockchain Security Issues

The Depository Trust & Clearing Corporation (DTCC) wants the financial sector to form a consortium alongside regulators to reduce risks associated with blockchain. In a white paper published Wednesday, the New York-based post-trade financial services firm said participants in the financial sector should work to establish a set of “agreed-upon standards” that could address some of the security concerns surrounding the tech. “In light of the speed of digital transformation within the financial services sector, DTCC calls for a coordinated strategy for the development of a principles-based framework to identify…

Mastercard and Ripple’s Xpring Join Industry Group to Promote Blockchain Education

Mastercard has joined a working group that supports blockchain education and research in universities around the world. Blockchain accelerator MouseBelt announced Tuesday it has welcomed 11 founding members into its Blockchain Education Alliance. In addition to the card network, the new members include the innovation arms of payments startup Ripple and crypto exchange Binance; and representatives from Neo, KuCoin and ethereum scaling solution Matic Network. They will join the 13 companies, including Stellar, TRON and Wanchain, that became part of the alliance when it was announced in October. The Blockchain…

ChainUP Launches EXUP, An Independent Brand of Blockchain Financial Derivatives

ChainUP has launched EXUP a new financial derivatives technology platform for digital assets to empower the blockchain financial ecosystem. 14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially launched EXUP, an independent brand of blockchain financial derivatives, creating a new financial derivatives technology platform for digital assets. EXUP is committed to providing customers with secure, stable and efficient blockchain financial derivatives services. Its highly stable and reliable matching engine has been created to [em]power the financial ecosystem on blockchain, through a distributed…

Australian Government Eyes Business Benefits in New National Blockchain Roadmap

The Australian government recently unveiled plans to ramp up innovation through blockchain technology with an updated national roadmap, released Feb. 7. The Ministry for Industry, Science, Energy and Resources has formulated a new national strategy aimed to capture the potential value generated via business-related blockchain activity, with a particular focus on supporting global supply chain management systems and tracking. The 52-page roadmap focuses on three main areas including “regulation and standards,” “skills, capability and innovation” and “international investment and collaboration.” The plan comes as a revision to March 2019’s blockchain…

How Blockchain Will Track Taxes (and Tax Cheats)

Tomicah Tillemann is the chairman of the Global Blockchain Business Council and, at Davos this year, he was interested in taxes. He spoke to Michael Casey at his council’s event at the World Economic Forum. “We were really fortunate yesterday to announce a new collaboration with Ernst & Young and MIT. Together with New America, my organization, we’re going to be working together to tackle the very tough challenge of tax around the world,” he said. “Tax, obviously, is on its face about the most boring topic imaginable, but it…

‘One Network, Many Chains’ – The Case for Blockchain Interoperability

The man who wrote Mastering Bitcoin, Andreas Antonopoulos, is anything but a bitcoin maximalist. At the Blockstack Summit in San Francisco in October, he spoke about a subject that’s already proving to be one of the most-watched topics going into 2020: inter-blockchain communication (IBC). “I find it astounding after all this time that people still try to follow this idea of ‘winner takes all.’ One coin to rule them all. One chain above all else. We’re coming for ya. The flippening,” Antonopoulos said.  The “flippening” is the conviction that ethereum’s…

UK Cricket Club Will Issue this Season’s Tickets Over a Blockchain

A county cricket club in the U.K. is to use blockchain-based ticketing for all domestic and international fixtures played at its home ground in 2020. According to a report Friday from industry magazine, TheTicketingBusiness, Lancashire Cricket Club developed the new solution in partnership with the blockchain ticketing provider TIXnGO. The new blockchain tickets are said to be entirely traceable, unique to the purchaser and nearly impossible to counterfeit. The system also includes a new facility that simplifies the process of transferring or reselling tickets. Following 18-months of development, the new…

Hyperledger to Explore How Blockchain Can Help World Meet Climate Goals

Hyperledger has announced a new working group at Davos that will explore how blockchain can help the world meet climate goals set out in the Paris Agreement. The enterprise blockchain consortium launched the Hyperledger Climate Action and Accounting Special Interest Group (SIG) during the World Economic Forum (WEF) Annual Meeting. Said to be the first of its kind, the Climate SIG will enable participants to share ideas and findings on how distributed ledgers can help governments and companies coordinate on reducing global emissions. “DLTs are central to the creation of…