Verification

This year, DeFi continues to be popular, and several DeFi-related concepts have become goldmines. The most prominent one is oracle.

To mark the occasion of reducing the KYC requirements, KickEX exchange is organising a mass trading contest with prizes for 100 the most active traders, starting 21st of July.

As of now, sharing content on the Internet is quite a problematic industry. Content creators often face stealth of their work, difficulty while copyright verification, onfair royalty distribution, etc. The reason for this is the centralized nature of most content sharing platforms.

Many medical suppliers are considering employing blockchain technology to meet the increasing demand for medical equipment amidst the COVID-19.

Beijing's first blockchain electronic ordinary invoice was issued in the parking lot of Hanwei International Plaza, marking Beijing's tax service entering the age of blockchain.

As the Special Money Act passed the South Korean National Assembly's plenary session, the Enforcement Decree is in full force.

One of the largest convenience store chains, Narvesen, and Lietuvos spauda kiosks have begun trading Bitcoin vouchers in Lithuania. These coupons can be easily exchanged by customers to Bitcoin on the Internet without ID verification.

OECD developed a set of anti-money laundering methods that covers manipulations with digital currencies as well as fiat currencies. Such measures include adequate verification of customers for transactions exceeding $1,000, sanctions for legal violations, and registering the subjects that provide crypto related services.

The Malaysian Ministry of Education (MoE) is now using Blockchain to fight degree fraud in order to maintain the reputation and ethics of universities across the country. Malaysia itself is ranked among the top five Asian Nations when it comes to the field of education.