Bill Clinton, a popular and former U.S. President took the stage as the keynote speaker at the Swell conference organized by Ripple where he aired his views regarding the cryptocurrency industry, blockchain technology and his opinions on current market regulations. During the event held in San Francisco, President Clinton who was joined by former white house adviser Gene Sperling; gave his seal of approval to crypto as he advised lawmakers against seeking to overly regulate…
The United Nations is set to give Sierra Leone a helping hand as it launches the Kiva project intended to use blockchain technology to help civilians get banked. The not for profit project will be developing over the next 3 years with the aim of getting the unbanked onto a basic financial platform. The country which has a limited credit infrastructure comprising of a solo credit bureau serving only 2000 customers throughout the country, will…
The Dubai Department of Finance (DoF) in conjunction with Smart Dubai Office (SDO) has launched a blockchain-powered payment system to enable the Dubai government handle transactions and staff payments in real-time; as well as ensure accuracy and transparency in its various government agencies including the Police, Roads and Transport Authority, Dubai Health Authority and other parastatals. The new blockchain platform termed ‘Payment Reconciliation and Settlement System’ is expected to improve the current redundant process…
Italian Serie A champions, Juventus have become the latest soccer club to join the fan token frenzy. The club announced today the launch of the ‘Juventus Official Fan Token’ in a multi-year partnership with blockchain company Socios.com. The token which is designed to serve the club’s 60 million global fan base is aimed at evolving the Juventus club-fan engagement relationship as well as creating an intimate fan experience with a particular focus on millions of…
Korean customs are set to become considerably faster as the country’s custom authority announced the partnership with Samsung to develop a blockchain based customs platform. Allowing items to move considerably faster the authority also noted the potential to crackdown on fraud due to the decentralized nature of blockchain technology. The South Korean Customs service has officially drawn up a memorandum of understanding to signal the beginning of the partnership. While not a legally binding contract…
World renowned and French football giants, Paris Saint-Germain (PSG) have unveiled plans to launch their own cryptocurrency which would pitch them as the first football club to do so. The move which was revealed by club officials involves a partnership deal with Malta-based Blockchain platform, Socios.com and is aimed at developing the world’s first Fan Token Offering (FTO) for football supporters. The Ligue 1 club owned by Qatar state investment firm and known for its…
Blockchain evidence will now be legally viable in courts in China. As part of recent changes, using evidence from a Blockchain and using the ledger to help verify facts and claims, will be accepted. This comes as internet courts were also established recently to help settle claims of a digital nature. Internet courts are the latest development in the legal landscape as China attempts to reform the current landscape to accommodate for the ever expanding…
Over the past months and at present, the tiny European nation of Malta (smallest EU member and Island) has become a mainstream attraction and hub for cryptocurrency activities. This revelation comes with a host of activities which evidently prove this point; from favourable crypto legislation, government backing, Blockchain technology utility and influx of crypto firms, crypto real estate buys and much more; the nation looks set to be the World’s foremost and most friendly cryptocurrency…
XinFin a non profit organization and Blockchain startup is set to expand its hybrid Blockchain initiative to Africa. This move comes after series of meetups in Asia, Europe and the United states with a recent Africa meet up held in Zimbabwe on September 01,2018. XinFin’s mission statement in partnership with different international governments is tailored towards improving the deficit in global infrastructure with the aid of Blockchain technology and establishing secure cum transparent transactions for…
North Korea is set to join an elite group of world countries looking towards the crypto sphere as it prepares to host its first ever International Cryptocurrency and Blockchain Conference. The conference which is slated for October 1 to 3, 2018 will play host to Cryptocurrency and Blockchain experts, professionals and industry leaders from around the world in the capital city of Pyongyang. Through the event, North Korea is widely expected to exhibit its Blockchain…