Blockchain technology news

Jul 12, 2019 at 09:27
Global Tech Giant LG to Expand its Blockchain Outreach
Electronic giant LG plans to expand its presence in the blockchain space. The company recently applied to register a new brand name to handle its activities. The new subsidiary will be charged with handling e-wallet for cryptocurrencies. Furthermore, the company’s IT subsidiary recently announced plans for adding food distribution services to its Monachain blockchain.
Jul 11, 2019 at 12:16
Blockchain has Numerous Applications for Cybersecurity
Blockchain Technology applications in cyber security range from data protection, decentralization, resistance to attacks among others. General digitization is associated with a heap of risks that developers and entrepreneurs need to be aware of. Although the full potential of the technology is yet to be explored, it is already preventing many cyber crimes across the world.
Jul 10, 2019 at 13:20
Fidelity Delves into Bitcoin, Cryptocurrency and Blockchain
A giant firm offering investment management services such as mutual funds, annuity management and fund platforms to both private and institutional investors, Fidelity International, is trying to explore Bitcoin, cryptocurrency and blockchain technology further, and this could see Bitcoin gain a lot of traction.
Jul 08, 2019 at 13:21
Nestlé to Use Blockchain for Milk and Palm Oil
The Swiss global food and drink firm Nestlé has announced a blockchain-based project that will take shape in the Italian food sector starting with milk and palm oil.
Jul 06, 2019 at 10:24
Republic of Cyprus to Draft Blockchain & Cryptocurrency Regulations in 2019
The Republic of Cyprus is going to draft blockchain and cryptocurrency regulations this year, according to the Ministry of Finance. Minister Harris Georgiades is optimistic the regulation draft will be completed very soon and will play a big part to revolutionize the finance industry in the country, Financial Mirror reports.
Jul 04, 2019 at 14:48
Health Science Students to Explore Blockchain
As the world continues to shift from analogue to digital, people have started to go for new innovations that are still unexploited. Now, the health science students from the University of New Haven are trying to explore blockchain technology to solve industry problems. Scientists are working with a giant healthcare firm to test how distributed ledger technology (DLT) could play a significant role to address challenges that are currently hitting the healthcare sector.
Jul 03, 2019 at 09:13
Berkeley City to Issue Blockchain Municipal Microbonds
The city of Berkeley, California, plans on issuing municipal microbonds based on blockchain technology. The Microbond Initiative is focusing on issuing bonds which are pocket-friendly – minimum of $25 – so that members of the community could directly invest in feasible public projects. The initiative is expected to proceed through a request for data that will invite the sector to bring forth qualified applications.
Jul 02, 2019 at 14:10
Goldman Sachs CEO Thinks Blockchain is the Future of Payments
With all eyes now on revolutionary novelties including blockchain, bitcoin, and distributed ledger technology, the CEO of Goldman Sachs Group, David Solomon, believes blockchain tech is the new wave of the future, according to a recent report by Les Echos, a French daily newspaper.
Jul 02, 2019 at 13:17
India: RBI Develops a Blockchain Platform for Banking
The Reserve Bank of India (RBI) develops a blockchain-based platform for banking starting with its R&D branch. The distributed ledger tech (DLT) platform is going to host a wide spectrum of blockchain applications beginningovel  in 2020. The blockchain-powered platform will serve financial institutions including banks and will start with the RBI’s R&D branch. The new platform is generally for DLT use case for the government in financial banking.
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