Inshorts

The University of California, Berkeley and Bitmark will conduct the research studies focused on secure data sharing. According to coindesk, both of the research projects will be funded by Bitmark. Study participants will contribute data about their diabetes remission using Bitmark's tech. A second study will focus on whether the availability of solutions based on the technology would encourage more involvement from test subjects that are contributing personal health data.

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Mining company Project Spokane will receive more than $400,000 grant from Montana officials. According to Montana’s government website, Project Spokane is a data center that provides blockchain security services for the bitcoin network. Montana’s Governor Steve Bullock plans to bolster local businesses with job stimulus funding. According to the governor, more than $1 million will be distributed to innovative companies within the region.

Nevada Senate passed a bill 398, which prohibits tax on blockchain technology. By this document, the Senate recognizes smart contracts as legitimate and binding. Based on the protocol of the Senate Committee On Judiciary, a board of county commissioners should not introduce any legal restrictions on the use of distributed ledger technology.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. 

New Hampshire governor passed a bill that will make digital currency traders’ lives easier. According to the text of the bill, the new rules exempt persons conducting business via transactions in virtual currency from the state's money transmitter regulations. The law goes into effect as of the 1st of August.

BitCart stops supporting bitcoin and switches to dash. According to newsbtc, the cryptocurrency gift card platform states that the company’s decision to end support for bitcoin payments is influenced by extremely slow transaction confirmation and settlement speeds. Increasing dash adoption among BitCart customers combined with the cryptocurrency’s increasing value has made the company prefer dash over bitcoin.

Fujitsu develops blockchain software for secure corporate data distribution. According to Cointelegraph, the new blockchain-platform is based on Hyperledger Fabric technology and is designed for decentralized and secure data exchange between different organizations. Fujitsu aims to expand this software and commercialize it during 2017.

A group of European government agencies partners on a new digital currency surveillance project. According to Coindesk, the initiative, dubbed "Tools for the Investigation of Transactions in Underground Markets", or TITANIUM, backed by €5 million in funding from the European Union, will be conducted over the next three years. Participants include Interpol, Interior Ministries from Spain and Austria, Finland's National Bureau of Investigation, and University College London, among others.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. 

The People’s Bank of China is planning on regulating the cryptocurrency ICO market. According to CoinTelegraph, the corresponding announcement has been made by Yao Qian, head of Digital Currency Research Institute at People’s Bank of China. ICOs have offered Blockchain startups and projects an easy method of raising capital without the existence of mediators. In the past few weeks experts have begun to discuss the legality of ICOs and how they may run into conflict with the government agencies.