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VeChain has announced a partnership with DNV GL and Renji Hospital to launch the world’s first intelligent Tumor Treatment Center. A Comprehensive Medical Blockchain Solution The Intelligent Tumor Treatment Center (ITTC) is a blockchain solution that combines DNV GL’s professional services with VeChain ToolChain technology. The blockchain solution will cover the entirety of the tumor treatment procedure in Renji Hospital. ITTC will bring transparent, efficient, and traceable medical management capabilities backed by VeChain ToolChain. Patients will be able to have…

Blockchain platform Ontology has announced that it is building a solution on Polkadot blockchain. As per a press release, Ontology explained that it has partnered with Parity technologies to integrate its Decentralized Identity (DeID) solution on the Polkadot network. The Decentralized ID solution will help Ontology have better access to cross-chain compatibility on the Polkadot blockchain. The Parity Asia team will undertake the development of DeID as part of the partnership. Eric Wang, an executive at Parity technologies, believes that…

PoolTogether, the well-known zero loss lottery protocol, has announced the V3 version of its protocol. According to a blog draft shared with Decrypt, the protocol will start to accept more assets, allow developers to build on top of it, and become fully decentralized with the V3 version. The protocol will also see a transition from its team to Chainlink VRF (Verifiable Randomness Function) for randomly choosing the winner. What is PoolTogether? PoolTogether is a protocol that promises a zero-loss lottery…

Global peer-to-peer Bitcoin trading platform Hodl Hodl has just announced a Bitcoin-backed lending platform. With this announcement, the platform has become a true non-KYC platform for lending and borrowing cryptocurrencies. The platform has managed to bypass know-your-customer (KYC) procedures and, at the same time, not acting as a custodian. No Custody - No KYC - No Fiat With this announcement, the platform showcases its Hierarchy of DeFi with three main properties - No custody, No KYC, No fiat. The first…

South Korean giants SK Telecom has announced a wallet's launch to store administrative documents on the blockchain. A wallet to store Korean administrative documents As local news outlet NewsTomato explains, the wallet will be used to host certificates that prove that a Koran citizen has administrative documents. This may include health information, Proof of address, insurance certificates, National ID, etc. Once stored in the company’s blockchain wallet, document certificates can be released to institutions that need them. The telecoms firm…

Proton Labs, the developer of Filecoin Network, has announced a partnership with ConsenSys. With this collaboration, Filecoin will be integrated with every aspect of Ethereum. The partnership has also set a path for a web app and API for Filecoin's decentralized storage marketplace on ConsenSys's Codefi Activate. Activate by Codefi Networks is a platform to facilitate the launch of decentralized networks. While also providing user participation through a web app and APIs. The long history of partnership - Conensys &…

PayPal is set to allow users to make transactions using cryptocurrencies, according to multiple reports today. According to a press release on Reuters, users will be able to use cryptocurrencies starting in early 2021. PayPal believes that the new service would encourage the global use of virtual currencies. Also, it hopes to prepare its payment network for the new CBDCs that will be issued by central banks globally. US account holders will be the first to experience this new service…

With the ongoing legal battle against the US authorities, cryptocurrency derivatives giant BitMEX announced today that traders using the platform have just two weeks to verify their accounts. Since its launch in 2014, the Seychelles-incorporated exchange allowed customers to trade even without verification. But in August, BitMEX revealed that it would implement a mandatory Know-Your-Customer (KYC). This requires both new and existing users to submit their personal information for checks.  No Verification, No Withdrawal When BitMEX initially announced its User…

The Central Bank of the Bahamas (CBOB) today officially introduced its own central bank digital currency (CBDC), the “Sand Dollar.” This makes the Bahamas one of the first countries in the world to launch a CBDC beyond a pilot program. The information was shared during a webinar broadcast on Facebook via the dedicated Sand Dollar page. Today, the 386,000 inhabitants of the archipelago can create a digital wallet on their smartphone and carry out transactions. The entire Sand Dollar ecosystem…