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The Chinese city of Guangzhou is looking to provide to blockchain projects. It’s focusing specifically on public blockchain projects that don’t have an associated cryptocurrency token. According to a document published by the region, they will contribute to two projects a year. Any public project without a partnered asset will be able to receive $1.4 million…
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Blockchain spending around the world is expected to grow by 2022. According to a recent report conducted between 2018 and 2019, the United States is expected to increase its Blockchain spending by 280%. Other regions are also expected to spend larger amounts on distributed ledger technology (DLT). Blockchain Spending To Grow Around The World As…
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The People’s Bank of China, otherwise known as the country’s Central Bank, is going in on blockchain to some degree, we’ve learned from documents from the country. Essentially, the regulatory body there is looking to certify all sorts of products that take advantage of the technology among other emerging FinTech. This certification will be aptly named…
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Ripple, the company behind the popular, banking-centric XRP cryptocurrency, has just opened up an office in Washington D.C., reports Forbes. On top of this, the company’s Global Head of Government Relations is representing the company in the Blockchain Association. Worth noting even more is the fact that Craig Phillips has joined the Ripple Board of…
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Blockchain technology is used for much more than as a payment solution, as many are coming to realize. In fact, three students at one Indian University, Malla Reddy Engineering College for Women, have put together a blockchain ‘smart voting system’ that will help citizens vote online, reports the Hindu Business Line. One student, Shivani, shared…
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HTC, a smartphone manufacturer, recently launched a device called the HTC Exodus 1s – a cheaper, more affordable version of its original Exodus, considered a “blockchain phone” that can run decentralized applications (dApps), run a full Bitcoin node, and much more. This phone will only cost $250 which is relatively cheap in the smartphone world…
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China Construction Bank (CCB), one of the largest state-owned banks in China, launched an improved version of its blockchain-based BCTrade platform. The solution gained popularity in the last 18 months after being released. China Construction Bank Enhances Blockchain Platform According to a recently released report, China Construction Bank’s BCTrade platform processed more than $53.5 billion…
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Erik Finman, a Bitcoin millionaire, is starting an investment fund to pay money to blockchain projects, as reported by CoinDesk. They’re calling the project Metal VC, and it’s taking advantage of Finman’s cryptocurrency, Metal Pay, as well. As of now, they’ll focus on smaller, micro-investments alongside first-come angel investments. On top of this, the money…
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The Bank of America is bringing on an expert to help them build and take advantage of the Ripple blockchain technology created by Ripple Labs, according to a job posting on LinkedIn. Interestingly, it’s possible that they might have already brought that person on, considering that the application states it’s no longer accepting anyone. Regardless,…
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Hdac, the crypto subsidiary of Hyundai, is expected to invest $10 million in blockchain-based systems, including decentralized application (dApps) services, a token compensation ecosystem, and more. The information was recently released by the local news site Fn News. Hyundai’s Hdac to Invest $10 Million In The Blockchain Industry According to the report, Hdac wants to…
