November 13, 2019

UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

November 13, 2019 boss

American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace the journey of beef from Kansas to Japan, the firm announced on Nov. 11. As announced by UPS, the jointly-delivered shipment involved a blockchain partner network developed by HerdX. Meanwhile, UPS provided its visibility tool that integrates with HerdX’s blockchain technology and records live updates, registering details throughout the journey. U.S. Embassy and Japanese officials…

Speculators Rely on Bitcoin ahead of Blockchain

November 13, 2019 boss

After trending lower in the prior sessions, now Bitcoin has managed to move higher and is in the process of forming a bullish candle. Bitcoin comes first, ahead of blockchain, for speculators who look towards the year 2020 cryptocurrency situation. Its apparent several platforms have received support funds to create enterprise blockchains which mostly have launched out in 2019. However, the interest of speculators for such projects has waned out as they look towards fresh ideas on tokenization and cryptocurrency. This is a result of the shift in focus to…

EToro’s Platform EToroX Lists Dash and Seven Stablecoins

November 13, 2019 boss

EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX) and Hong Kong Dollar (HKDX) alongside U.S. dollar-backed tokens USDC and Tether (USDT). The addition brings the number of assets tradeable on the cryptocurrency exchange up to 26. Doron Rosenblum, managing director at eToroX, commented: “We see the addition…

Venezuela President Maduro Is Not Pro-Crypto, He Just Likes Petro

November 13, 2019 boss

Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological fair. He seemed perplexed as to what exactly a hardware cryptocurrency wallet is supposed to do. Still, Maduro, device in hand, turned to the camera and proclaimed that cryptocurrencies — his country’s own digital currency, Petro, in particular — are important for Venezuela’s economic future. Trezor officials soon clarified that they had nothing to do with the stunt, and that the company had no official resellers in the country. The…

HSBC, SGX and Temasek Explore Distributed Ledger Tech in Asian Bond Market

November 13, 2019 boss

Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying tokenized securities and smart contracts, HSBC Singapore announced Nov. 13. While Asia’s fixed income markets continue to grow, bond issuance and servicing processes remain inefficient, according to HSBC. This is purportedly due to the absence of a single platform for…

Dutch Police Bust CEO of Blockchain Game Firm, Komodore64 – €78 million Gone?

November 13, 2019 boss

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Dutch Police Bust CEO of Blockchain Game Firm, Komodore64 – €78 million Gone?

November 13, 2019 boss

The Digital Money Revolution | CCG

November 13, 2019 boss

The rapid pace and sheer scale of innovation in digital currencies and mobile payments indicates that a monetary revolution is forthcoming. The choice for governments and central banks is whether to stand in front of a train that is gaining steam, or get on board and reap the benefits. How radically will digital currencies change our methods of exchange and the way that we think about money? With innovation in digital payments barreling ahead, these questions are now commanding the attention of the World Economic Forum and other international institutions.…

VeChain Price Surges 120% After Chinese Newspaper Mentions the Crypto

November 13, 2019 boss

China’s largest newspaper refers to crypto asset VeChain as integral in the “From French Farms to Chinese Plates” food safety initiative. In a continuation of pro-blockchain sentiment, the People’s Daily publicize how blockchain is helping to restore consumer confidence in China’s food industry. Food Scandals In China The Chinese food industry is suffering a crisis of confidence. And scandal after scandal continues to highlight the weak controls in place that fail to protect the public. Perhaps the most internationally recognized story relates to melamine found in baby milk powders in…

BeeTech Announces Saving Customers $14 Millions via RippleNet

November 13, 2019 boss

The CEO and co-founder of BeeTech has announced that the company helps customers save millions of dollars via its payment remittance service, which is powered by Ripple. Brazilian financial services and fintech company BeeTech has announced that its cross-border payment service in partnership with Ripple, is helping its customers save over $14 million incurred in transaction fees, every year. Since becoming a member of RippleNet in 2018, BeeTech has tackled a lot of its challenges surrounding its core business of sending and receiving international payments. The company was co-founded in…