Hub

The South Korean government is actively adopting disruptive innovations including blockchain and distributed ledger technology (DLT) within various industries. It seems the country wants to follow in the footsteps of Japan and Switzerland to become a global tech hub.

Cryptocurrency hub Kick Ecosystem has launched its new exchange, KickEX. Licensed and regulated in the European Union, the exchange specialises in advanced trading features suitable for both beginners and professionals.

Despite being small in size, Liechtenstein is actively exploring and developing its blockchain and cryptocurrency industry.

The Reserve Bank of India recently announced cryptocurrency is not banned in the country but advised citizens not to rely on it. At the same time, the country seems to be much more friendly towards blockchain, launching a hub in Bengaluru.

The East African Community has continued to show optimism in developing emerging disruptive technologies including blockchain and distributed ledger technology (DLT).

Twenty years since the introduction of cloud computing, Small and medium Enterprises are Embracing technology Globally. In Italy, many firms adopted technology to improve business efficiency. IBM introduced business hubs focusing on integrating computing for Small and medium-sized businesses in Italy.

In today’s world banks are a mandatory link in the chain of our financial interactions. Banks are unavoidable hubs that are involved in any operation, be it a personal money transfer to a friend or a large scale enterprise deal. But as any hub – banks are centralized. Does it mean that banks have unrestricted access to your hard earn funds? The short answer is – yes, it does.

Malta plans to use a Blockchain-based approach to register rental agreements, according to Prime Minister Joseph Muscat. As the government is trying to bring new rent reform, an announcement has been made that the reforms are going to be completed soon, where all rental agreements will be properly registered on an effective Blockchain network. Malta has for long been considered as a blockchain hub in Europe and the world at large.

Philippines Department of Trade and Industry (DTI) recently signed a Memorandum of Understanding (MoU) with a United States startup, Monsoon Blockchain Storage Inc., to enhance the effectiveness of the technology implementation.