Tracking

Another Sentence for a Fraudster: A Programmer from Romania Faces 5 Years Behind Bars
Jul 11, 2020 at 12:36
News
Another Sentence for a Fraudster: A Programmer from Romania Faces 5 Years Behind Bars
A programmer of Romanian origin named Silviu Balaci was sentenced to five years behind bars and a fine amounting to $250,000 for running the BitClub Network mining scam.
Amazon Acquires Patent for DLT-Based Product Tracking System
Jun 01, 2020 at 12:41
News
Amazon Acquires Patent for DLT-Based Product Tracking System
The distributed ledger technology (DLT) product authentication system patent filed by the United States e-commerce company Amazon has been approved by the US Patent and Trademark Office (USPTO). Their new platform aims to provide ‘digital trust’ to the product supply chain (SC).
Cryptocurrency and Law Enforcement Agencies Make Peace To Combat Human Trafficking Together
May 17, 2020 at 13:26
News
Cryptocurrency and Law Enforcement Agencies Make Peace To Combat Human Trafficking Together
Cryptocurrency companies and law enforcement agencies join forces to battle human trafficking. A new consortium of cryptocurrencies was launched in late April within the Anti-Human Trafficking Intelligence Initiative (ATII).
Blockchain Technology to Strengthen Trust in Second Hand Markets
May 05, 2020 at 08:22
News
Blockchain Technology to Strengthen Trust in Second Hand Markets
Since the launch of cryptocurrency and its underlying technology, blockchain, many were puzzled as to how it would revolutionize various sectors of the economy. Now, businessmen have found a new use case for blockchain technology in the sale of used mobile phones.
Blockchain Could Save the Global Supply Chain Post-COVID-19
Apr 28, 2020 at 15:05
News
Blockchain Could Save the Global Supply Chain Post-COVID-19
During the COVID-19 pandemic, the necessity to boost supply chain becomes critical, as shipment delays, especially if it concerns medical equipment, might cost someone’s life. Probably that is the reason for some organizations thinking blockchain technology could be the saviour of the ageing global supply chain infrastructure.
Top 10 Cryptocurrencies in the Red, Bitcoin Lingers at $7,000-$7,100 Level
Apr 20, 2020 at 15:46
News
Top 10 Cryptocurrencies in the Red, Bitcoin Lingers at $7,000-$7,100 Level
Many popular cryptocurrencies, including Bitcoin (BTC), have opened the week in the red and BTC has receded to a little bit over $7,000 after it touched $7,300 mark. However, the market prices are on the right track to rally.
South Korea: Blockchain will Make Sure Politicians Fulfill Their Promises
Apr 11, 2020 at 08:16
News
South Korea: Blockchain will Make Sure Politicians Fulfill Their Promises
The election to the National Assembly, which is normally held once every four years, is coming on April 15, and it has attracted a lot of people's attention. As previously it has been difficult to track electoral promises, now they will be recorded on the blockchain to make politicians actually fulfil them.
Cryptocurrency and Blockchain Might be Applied in the Italian Energy Industry
Mar 08, 2020 at 11:34
News
Cryptocurrency and Blockchain Might be Applied in the Italian Energy Industry
Italian energy sector is is exploring the potential of blockchain and distributed ledger technology for its potential to transform and improve the industry. The country starts a project that would allow Italians to pay utility bills with cryptocurrency.
Tax Experts Suggest Gradual Income Tariff Imposition on Bitcoin
Feb 28, 2020 at 09:22
News
Tax Experts Suggest Gradual Income Tariff Imposition on Bitcoin
Some tax experts in South Korea suggested that they first adopt low-level transaction taxes for the practical application of cryptocurrency taxation, and then gradually switch to applying capital gains tax. In the absence of a cryptocurrency-related bill, it is difficult to track all of the trading profits of investors, so it is reasonable to initially introduce a trading tax that proves only the existence of a transaction.
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