During the Covid-19 pandemic where congregating is a very big risk to our health, cryptocurrency has become a godsend to gamblers because it provides the unmatched social distancing required in the fight against coronavirus.
A trademark crypto-war is afoot in the United States District Court for the District of Columbia. Safex, a blockchain engine for ecommerce, won the first battle by successfully obtaining emergency relief which requires the defendants Safeth LTD., and its principals Joey “Crypto” Lathus and Cynthia Lathus to immediately stop using the Safex name and logo in connection with their competing cryptocurrency.
The health institutions in South Korea are using every available tool to fight Coronavirus disease. The most recent technological alternative is using a blockchain app system to track Covid-19 contacts in different parts of the country.
Thailand has been very supportive of the development and application of blockchain technology in recent years. Its Energy Ministry is now launching fresh research to ascertain the use of blockchain technology in its palm oil sector.
On April 24, The governor of Kentucky endorsed a six-member Blockchain Technology Working Group charged with the responsibility of examining the applicability of blockchain technology for safeguarding the various utility sectors including electricity, water, telecom, and more.
The Agricultural Bank of China (ABC), one of China’s state-owned banks released something which appeared to be the beta version of the anticipated Central Bank Digital Currency (CBDC) after a screenshot of the app was widely circulated on WeChat, the country’s equivalence of Facebook.
On April 10, HTC disclosed a plan to support its flagship blockchain phone, EXODUS 1s, with a Monero mining feature. This signifies a start of mobile mining, which holds a promise to bring power costs down and make cryptocurrency mining more decentralized.