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South Korea Will Focus ‘Positive Aspects’ of Cryptocurrency, Soften Policy

  South Korean regulators and officials are likely to relax their approach to regulating cryptocurrencies, starting with classifying them as ‘financial assets’. There’s a July deadline looming for G20 nations after policymakers called for recommendations for regulating cryptocurrencies, seen as ‘financial assets’ by the economic leaders from the world’s twenty largest economies. South Korea’s regulators, however, have...

Amazon-Ethereum 0

Amazon partners-up to offer easy Ethereum-based blockchain software

Amazon is moving further into blockchain with a new partnership that will bring more distributed ledger services to its Amazon Web Services cloud computing platform. Following our recent reports on Amazon adding blockchain-based templates to its AWS (Amazon Web Services) cloud computing service, Tuesday saw it making another announcement aimed at making it easier for its customers...

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HTC is working on a ‘blockchain phone’

A few weeks ahead of its latest flagship announcement, HTC  just revealed another piece of hardware. While the Taiwanese company has consolidated much of its mobile offerings in recent years, it announced today at the Consensus 2018 blockchain conference in New York that its upcoming Exodus handset is embracing everyone’s favorite tech buzzword. So, what makes a phone a blockchain...

Toys R Us Embraces Blockchain To Save Company 0

Toys R Us Embraces Blockchain To Save Company

They did it for the children. Amid plans and proceedings underway for liquidation, Toys R Us found a silver bullet in its quest for salvation. With one simple stroke of a digital pen, so to speak, the toy icon changed its name to Blockchain R Us. And the money came rolling in, to the tune of $7 billion...

IBM takes Cryptocurrency Seriously 0

IBM takes Cryptocurrency Seriously

Talking about cryptocurrencies in public has begun only in recent times. Earlier, fear engulfed while discussing Bitcoins, Ethereum, Ripple or any other cryptocurrencies. But this scenario is changing with time. From 2017, people started talking about crypto, it flourished, and big enterprises are willing to look into cryptocurrency and blockchain to have a strong stance on its usage and...

Blockchain will make AI smarter by feeding it better data 0

Blockchain will make AI smarter by feeding it better data

We’ve heard — probably too much — about how cryptocurrencies like Bitcoin shift financial power away from governments and big banks to individuals. Blockchain technology is also democratizing artificial intelligence (AI). Businesses of any size will soon be able to offer the sort of personalized recommendations that are currently the province of giant retailers like...

To Russia with Bitcoin: Hotels Will Accept Cryptocurrency During the World Cup 0

To Russia with Bitcoin: Hotels Will Accept Cryptocurrency During the World Cup

The world’s biggest sporting event is just a few months away and fans are flocking to online websites to book their seats in Russia. Luckily for crypto users, Kaliningrad, one of the cities hosting the matches, is now offering cryptocurrency payments for hotel rooms. Buying Business Travel Russia reported that Apartments Malina has teamed up with the...

Will Blockchain Disrupt Government Services? 0

Will Blockchain Disrupt Government Services?

About 2 years ago I attended an IBM workshop where they were talking about how Blockchain was going to revolutionize the world.  Within 2 years, I have seen many technological advances in the Blockchain industry. In a previous article I spoke about how blockchain technologies can help keep Mining Companies more accountable.  I described how some of these...

Car Manufacturers Cash in on Cryptocurrency 0

Car Manufacturers Cash in on Cryptocurrency

The movie Back to the Future may be wrong when it said that in the future, “We don’t need roads.” Apparently, if the action of these car manufacturing giants is to be believed, we may still have roads and these roads are going to be filled with cars that give out and reward drivers with...

Seoul Mayor Prepares City to Embrace Blockchain Technology 0

Seoul Mayor Prepares City to Embrace Blockchain Technology

Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications. Korea Re-Embraces...

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