Shenzhen’s stock exchange, one of the biggest exchanges in the Asia-Pacific region, announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies. This new platform was created as part of the Beijing Regional Trading Center. The report also indicated that the platform will be co-piloted with the Beijing Fourth Board Market, or BFBM — the city’s regional equity market. Both groups expect to “reduce the cost of information asymmetry, standardize corporate equity management, and better play the function of market equity financing” by integrating blockchain technology. Ge…
Tag: BlockchainPowered
The US Dept. of Transportation Is Investigating Blockchain-Powered Delivery Drones
The U.S. Department of Transportation recently publicized its effort to further harness blockchain in the world of drones. “Blockchain technology is being looked on to deliver a framework that can be used by stakeholders in the commercial drone industry,” the government agency said in an April 15 report, noting benefits in areas such as security, ID management, conflict management, flight authorization and air traffic management. Drones have vast potential The U.S. Department of Transportation listed a number of use cases for drones, also known as unmanned aircraft systems, or UASs. From…