Day: December 7, 2020

Singapore’s National Research Foundation Invests $9M in Blockchain Innovation

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A Singapore government research department has launched a new program intended to advance commercial applications of blockchain within the city-state. According to a report by The Strait Times on Monday, the S$12 million (US$8.99 million) program from the National Research Foundation (NRF) will support research and development of real-world use cases for the technology. The Singapore Blockchain Innovation Programme is expected to interact with up to 75 companies ranging from multinational corporations, large enterprises and IT firms to come up with 17 blockchain-based projects. The initiative will see those projects…

German bank launches crypto fund covering portfolio of digital assets

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German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on  FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional investors who want to invest in a portfolio of crypto assets, including Bitcoin (BTC), Ether (ETH) and Stellar (XLM). The fund will pursue a passive investment strategy, with a crypto allocation ratio based on market cap and other criteria. According to the company, the portfolio will cover 85% of the total crypto…

Thai tax collectors to streamline revenues with blockchain tech in 2021

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Thailand’s tax collection agency will use blockchain technology to streamline tax payments next year. The Excise Department will use blockchain to improve its revenue collection in lieu of actually raising taxes as the Thai economy still makes a gradual recovery.  According to a report by the Bangkok Post, director-general Lavaron Sangsnit underscored that new policies should not affect the domestic economic recovery and that raising taxes could stunt the still fragile situation.  The government aims to collect 530 billion baht ($17.5 billion) for the fiscal year 2020, 3.3% less than…

SpaceX Launched New Dragon Capsule to Resupply International Space Station

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Dragon will arrive at the station and dock at the Harmony module’s space-facing port just over 24 hours after the launch. After it lands at the space station, there will be two Dragon vehicles attached to the laboratory for the first time. US aerospace company SpaceX has successfully launched its Dragon capsule to the International Space Station (ISS) to complete its 21st Commercial Resupply Services (CRS) mission. The redesigned capsule delivered Christmas presents for the Space Station and its crew as well as supplies to continue the research at the…

Thai Excise Department Will Deploy Blockchain Tech to Boost Tax Collection

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Thailand’s Excise Department is hoping the integration of a blockchain system can help it boost revenues and assist the nation’s economic recovery. According to a report by the Bangkok Post on Monday, the department will implement a system to make tax receipt collection more efficient, rather than raising taxes. The Excise Department, which falls under the purview of the country’s Ministry of Finance, is responsible for taxes on sales of certain goods and commodities manufactured or sold in the country. Lavaron Sangsnit, the department’s director-general, said raising existing taxes would…

Telegram Botlarıyla Coinbase Hesabınıza Bedava Koin Kazanın

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #coinbase #telegram #bedavakoinkazan 🚀🚀Xlm – Xrp – Uni – Litecoin – Yfi – Ethereum Coinbase Musluğu 🔘XLM : 🔘Yeni Eth : 🔘Litecoin : 🔘Uniswap : 🔘Xrp : 🔘Yfi : 🔘Eth: 🔘Dash : 🔹Telegram Gruplarına Katıl 🔹Coinbase mail adresinizi yazın 🔹Coinbase mail adresinizi yazın. Min rakamda ödemeler anında yapılır. 🔹Verilen değerler düşük çok normal adı üzerinde musluk kripto paralara yeni başlayan her arkadaşım bunlardan başlamıştır. 🔘Coinbase Üyelik : ⚠️Ödemeler coinbase hesabınıza yapılır. Gmail ile kayıt olunuz. Botlara Mail adresinizi belirtmeniz yeterlidir. 🚀Arkadaşlar Özellikle…

Shanghai Star Market Records its 200th IPO With Newtouch Software

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The approach to getting business on the Star Market is yielding fruits as the growth of companies making entry therein has skyrocketed in relation to the other stock exchanges. China’s Shanghai Star Market also known as the country’s experimental stock board has recorded its 200th company with its Initial Public Offering (IPO). According to a CNBC report, the company which debuts on the Shanghai Star Market is Newtouch Software and it ranks as the 200th firm coming on board the July 2019 launched index. Modeled after the United States NASDAQ…

Ripple Sells $15 Million Worth of Its Stock Holding in MoneyGram

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Ripple has offloaded 2,264,113 MGI shares i.e. 33% of its stake as per the latest filing with the US SEC. The blockchain startup hasn’t given any specific reason for this decision. San Francisco-based blockchain startup Ripple has liquidated a significant part of its stock holding in payments and remittance giant MoneyGram International Inc (NASDAQ: MGI). Last Friday, December 4, Ripple filed with the US Securities and Exchange Commission (SEC) and informed the regulator of selling 2,264,113 shares of MoneyGram (MGI). Thus, with the stock sale, Ripple liquidated a total of…

Japanese City to Trial Blockchain Voting System

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A Japanese city is turning to blockchain technology to allow residents to vote online in local elections. According to an announcement on Thursday, Tokyo-based blockchain firm LayerX and digital ID solutions provider xID have teamed up to build a “safe and convenient” voting platform for the city of Kaga in Ishikawa Prefecture. The city hopes the initiative will address some concerns with voting online and make it more convenient for elderly people living in more remote parts of the jurisdiction to vote on city policies. LayerX has developed an e-voting…