Blockchain Adoption

Recently, Rhino Data published a report concerning blockchain investment and financing in 2019. The report was released in collaboration with Xinhua Finance. The report includes a list of startups related to cryptocurrencies in China getting funding. As per the report, in 2019, the number of investment and financing deals recorded was 245, and there was an aggregate of 3.5 billion USD in investments by some. The value is approximately half of what got recorded in 2018. Of all the investments,…

Recently, ChainSecurity became a partner of PwC’s branch in Switzerland. The objective of the partnership is to enhance the services offered by PwC. As per PwC’s spokesman, there was no acquisition, but ChainSecurity teams joined the firm. The teams include the core delivery and development teams. A press release published on the 5th of January 2020 pointed out that PwC hopes to become the leading company in smart contracts auditing through the ChainSecurity team that joined the company. ChainSecurity Responsibilities…

Based on recent reports, the Enterprise Blockchain platform's launch has been confirmed following its launch by Ant Financial. The platform's primary focus is directed at enterprises and is termed as "Ant Blockchain Open Alliance," which is generally an Alibaba affiliate.  Comments by the Ant Financial Group Vice President  Following the Ant Financial Group vice president's review, Jiang Guofei made it on the 8th of January. He stipulated the full operational chain's expected to launch that was presided by the beta version launch…

CaixaBank is considered the leading bank in Spain, which recently developed new features approving access to blockchain technology by its customers. On the 3rd of January, the financial institution introduced, We.trade, in its services based on blockchain technology. We.trade falls under the management of IBM, introduced in the year 2017. A total of 15 consortium financial bodies from all over Europe fueled the creation of the ecosystem. The We.trade Platform  The platform's major function, based on its development and implementation…

Paul Veradittakit, a Pantera Capital partner, has influenced the digital currency market and blockchain technologies through hedge fund investments and venture capital contributions. Following his recent insights based on significant concepts primarily related to cryptocurrency, he shows his great interest in the crypto market. He is also seen to propose his comments and thoughts on this year's projections.  Veradittakit Comments on Cryptocurrency Predictions From his point of view, he had an in-depth understanding of the major events that happened concerning the digital currency…

The National Intellectual Property Administration (NIPA) of China continues to clarify the specified guidelines following those that apply for the blockchain patent concerning the implementation of the plans made by the 1st of February.  The NIPA announcement days ago based the review of guidelines and its patent applications that were to be reflected in the latest technologies such as dealing with big data, artificial intelligence, business methods and rules, and even blockchain.  Based on the revisions made, the guidelines' inclusion followed on a device…

On the 30th of December 2019, Turkish Takasbank announced the launch of a BiGA Digital Gold, which is a physical gold-backed transfer system based on blockchain. Takasbank is Turkey’s central clearing and settlement house, which offers principal counterparty clearing services for some BIST markets designated by some agencies and the Board of Turkey. Other financial institutions in Turkey also participated in the launch of the BiGA Digital Gold Platform. The country announced its plans to introduce national blockchain infrastructure some…

An exchange-traded fund (ETF) recently sent an application to the China Securities Regulatory Commission. Penghua fund filed for the ETF proposal on the 24th of December, intending to monitor publicly listed stock performance from blockchain business. The fund’s approval would make it the pioneer ETF targeted on blockchain in China. The news was highlighted on the 26th of December by SSJ, a Chinese government journal. Many Blockchain Industries Get Listed on Blockchain 50 Index The Shenzhen Stock Exchange also announced…

The ministry of power in India is offering blockchain training across various cities in the country, with its government’s permission. People will learn about blockchain technology, its applications, smart contracts, cryptocurrencies, and mining. The ministry arranged a program known as Blockchain Technology, which will hold at various NPTI locations. Three of the training will happen in January, February, and March in Nangal, New Delhi, and Shivpuri. The NPTI is in charge of the program, and the All India Council for…