Technology News

China’s Central Bank Supports Latest Blockchain-based Financial Platform

The People’s Bank of China (PBoC) will be the next institution to adopt block technology. The country’s central bank has recently assisted in the launch of a test run by Guangdong-Hong Kong-Macao Great Bay Area Trade Finance Blockchain Platform in Shenzhen.

LG’s Telecom Company to Explore Blockchain Cross-Border Payments for Overseas Travelers

LG Uplus is working with several partners across Japan, Taiwan, and the U.S. to launch an equally secure, robust, and scalable blockchain-based overseas payments platform for cellular carriers.

Binance Officially Launches Fiat Exchange Testing in Singapore

Crypto exchange titan Binance has officially begun its private beta testing of a crypto-fiat exchange in Singapore on September 18.

Is Oregon the Next Blockchain Hub?

The Oregon Blockchain Venture Studio is pushing Oregon to Blockchain prominence. Top companies like Intel, Nike and New York-headquartered advertising firm R/GA will organize and host its incubator program.

Blockchain Art Collective Unveils Blockchain-Based System for Cataloging Artworks

New York’s Blockchain Art Collective (BAC) has recently unveiled a "holistic blockchain-based system" capable of registering physical artwork.

Gold Mining Uses 20x More Energy than Bitcoin Mining

Bitcoin mining is known to be an energy-intensive process, but gold mining uses more than twenty times the energy.

ECB is Not Introducing a Central Bank Digital Currency

European Central Bank (ECB) president Mario Draghi clarified that the central bank has no plans of introducing a digital currency in the near future.

SoftBank Announces Blockchain-Based Payment System

Japan-based tech firm SoftBank has revealed the creation of a cross-carrier mobile payment service powered by the blockchain.

Ohio Local Government Explores Development of Blockchain-Based Personal Identity System

Columbus, Ohio — The city of Dublin is exploring the feasibility of introducing a Blockchain-based personal identity system in the local government. 

New Powerful ASIC Miners Coming to Ethereum

Former head Bitcoin mining chip creator at Canaan Creative Chen Min introduces a new project aimed at creating crypto mining machines known as the Linzhi.

Upbit CEO Says Exchanges Need to Screen New Listings

Upbit CEO warns that cryptocurrency exchanges have to screen new coin listings.

Hong Kong Jewelry Retailer to Adopt Blockchain-Based System for Tracking Diamonds

Hong Kong investment holding company Chow Tai Fook Jewellery Group has disclosed plans of using a blockchain-based system for tracking diamonds.

Vault Unveils Digital Wallet for Crypto Collectibles

Crypto startup Vault has unveiled a new digital wallet for storing non-fungible tokens and other crypto collectibles, slated to be rolled out on Apple’s App Store.

Google Unceremoniously Removes Top Crypto Wallets from Play Store

Affected by Google’s move are Bitcoin.com’s Bitcoin Wallet, BitPay, and BitPay’s CoPay.

Crypto Exchange Puts Final Nail on BitConnect Coffin

TradeSatoshi, the last remaining cryptocurrency exchange that circulated Bitconnect’s token, has officially delisted BCC from its trading platform.    
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