Feb 12, 2019 at 10:02
LALA Launches ARAX - Most Advanced Multi Currency Crypto Wallet
11/02/2019 Singapore: LaLa World, a Singapore based FinTech organization, launched its multi- cryptocurrency wallet today. The wallet, christened ARAX, supports multiple Blockchains, coins, and tokens natively. Arax Wallet will address the absence of utility of cryptocurrencies which has impeded global adoption of these digital assets.
Feb 07, 2019 at 15:46
Simplification Decree: Italy Accelerates Blockchain & Smart Contract Adoption
Italy will be the first country in the world to give legal value to technologies that are entirely based on distributed ledgers such as blockchain technology and smart contracts, according to the sentiments of Bianconi and Sarzana experts and the thorough analysis by the Chamber’s study service. The process of certifying a copyrighted work or framing a rental contract will be eased, Start Magazine reports.
Less Knowledge about Blockchain Amongst Senior Business & Company Executives
The Global Blockchain Business Council (GBBC), the leading association for the blockchain ecosystem, conducted research on Tuesday, January 22, 2019, and discovered that around 63% of institutional investors think that senior executives have poor and less knowledge on blockchain technology. Just 7% depicted their blockchain understanding as “good,” and 30% saying it is “average,” according to the report by Thefintechnews.
Italy: GDO Insignia Blockchain Certified Goods, Agro-Foods Being the Favorite
The blockchain technology, as a major tool used for large-scale certification of goods on market, is unleashing an undercover bonanza. To compete are the major brands of global organized distribution, which are equipped with internal ecosystems based on blockchain. They have positioned their activities, with a view to spreading the technology, which has made the boom of the cryptoasset, ensuring transparency and unchangeable shared data.
FCA: UK Regulator Inquires 67 Cryptoasset Firms
The U.K disclosed that it has rolled out a total of 67 different inquiries into cryptoasset firms, out of which 49 were successfully closed and 18 are still ongoing. To boot, the U.K government has ratified that it is poised for action to offer more aid to the Financial Conduct Authority (FCA) to assist regulate the cryptocurrency sector.