BLOCKCHAIN EMBASSY

By Mark Smalley | http://bce.asia

How using Blockchain for student certificates slashes admin costs

Once upon a time, showing up for a job interview empty-handed would have caused quite a number of raised eyebrows. But one day, it may become the …

Bitcoin Startup Blockchain Raises $40 Million Series B

Bitcoin wallet software provider Blockchain has raised $40m in Series B funding.<p>Investors in the round included Digital Currency Group, GV, Lakestar, …

Bitcoin

US Government Seeks Blockchain Solutions for Contract Bidding System

The US government’s main logistical agency is looking at blockchain as a way to re-envision its contract review process.<p>According to a request for …

Bitcoin

Litecoin's Price Tops $50 to Set New All-Time High

Spurred by a sudden exchange listing, the price of the cryptocurrency litecoin hit a new all-time high today above $50.Source

Bank of Thailand Governor Heralds Blockchain's Coming Impact

The Bank of Thailand has issued new remarks that highlight its evolving thinking on blockchain and distributed ledgers.Source

Bitcoin

Illinois Government Sponsors Month-Long Blockchain Hackathon

The state of Illinois is continuing to engage with blockchain innovators, this time by throwing a month-long hackathon.Source

Bitcoin

IBM Announces Blockchain Truck-Tracking Solution with Colombian Partner

IBM has struck yet another notable deal in Latin America.<p>Announced today, a partnership between IBM and AOS, a Colombian provider of logistics …

Bitcoin

Cambodia's Central Bank Pushes Ahead with Blockchain Payments Trials

The National Bank of Cambodia has said it will continue to develop interbank payment solutions using blockchain tech.Source

Bitcoin

Porsche Names Winner of Blockchain Startup Contest

German automaker Porsche has revealed the winner of a blockchain startup competition first announced in April.<p>As CoinDesk reported at the time, …

Startups

No ICO: Hedge Fund Numerai Releases Blockchain Token Without the Funding

A new blockchain token will hit the market today, but you won't be able to buy it in an ICO.<p>As criticism mounts for so-called initial coin offerings …

Bitcoin

UN Leaders Urge Blockchain Startups to Collaborate on Identity

Representatives of the UN are calling for blockchain firms and others to collaborate on better identity solutions.Source

Bitcoin

Diving into blockchain use cases: Wholesale energy trading

Blockchain technology is gaining momentum in the energy sector. In our latest State of the Market, we tried to give a first overview of this …

Bitcoin

Accenture, Microsoft team up on blockchain-based digital ID network

NEW YORK (Reuters) - Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.<p>The companies unveiled a prototype …

Bitcoin

'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot

As hardware sales fall, Cisco is now pushing even deeper into blockchain, seeking efficiency benefits and improved profits from the tech.Source

Bitcoin

Universities add blockchain to course list

Demand for talented individuals far exceeds the available supply

Bitcoin

US, Kenya, Singapore: AIG Completes Multinational Blockchain Insurance Test

American insurance giant AIG has made what appears to be its first foray into blockchain, completing a trial with Standard Chartered today.Source

Even Coffee Farmers Are Moving Their Businesses Onto The Blockchain

Coffee farmers now have the opportunity to take out the middlemen with an automated machine that determines the quality and cost of their crops

Coffee

IOTA's Tangle meets Internet of Things requirements better than any blockchain

IOTA is a co-founding partner of new IoT consortium, the Trusted Internet of Things Alliance.<p>It's not surprising that Internet of Things (IoT) …

Internet of Things

Thomson Reuters is making a blockchain push

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>At a time when financial institutions (FIs) are increasingly building blockchain technology proofs of concept (POCs), data providers have begun capitalizing on this boom by …

FinTech

The crazy new way this start-up raised $153 million in just three hours

You’ve heard of initial public offerings of stock? Well, there’s now a new, and potentially explosive, way to raise capital for your business: the initial coin offering.<p>The upside of the ICO? There’s no filing requirements, no Securities and Exchange Commission rules, no quarterly reporting and no …

Bitcoin

Venezuelans Are Seeking a Haven in Crypto Coins as Crisis Rages - Bloomberg

Crypto coins’ gyrations require nerves of steel, but to an increasing number of Venezuelans, they’re the safest currency they can own.<p>Demand for …

Cryptocurrency

PwC Principal: Cryptocurrencies Could Power New Economy

A keynote speech at a New York blockchain conference today saw a notable financial executive discuss the potential benefits of cryptocurrency.Source

Bitcoin

Digital Coins Are So Hot They’re Selling Them Like an IPO - Bloomberg

David Vorick, 24, is one of those techies with a plan to change the world. His startup runs a data storage service called Sia, similar to those of …

Bitcoin

Coinbase exchange has outage due to high trading volume

NEW YORK (Reuters) - Digital currency exchange Coinbase said on Monday it was experiencing an outage due to an increase in traffic and trading volume.<p>One of the world's largest digital currency companies with operations in 32 countries, Coinbase engineers and support teams have been working to keep …

Cryptocurrency

UAE’s Emirates Islamic Bank Launches Blockchain Check Service

A trial that examines how blockchain could play a role in paper check management is moving forward at Emirates NBD.Source

$150 Million: Tim Draper-Backed Bancor Completes Largest-Ever ICO

The initial coin offering (ICO) for the Bancor project has collected more than $150mm worth of ethers at then-current prices.Source

Bitcoin

Delaware Blockchain Stock Bill Advances Ahead of Major Deadline

Delaware has moved a step closer toward enshrining recognition of blockchain-based stocks in state law.Source

Bitcoin

Russian Central Bank Group Prepares 'Masterchain' Ethereum Fork for Testing

Russia's financial incumbents are moving ahead with work on a new distributed ledger platform designed for enterprise use.Source

Bitcoin

Europe's Executive Arm Launches New Blockchain Study Group

The European Commission (EC) is launching a new blockchain research project focused on non-financial applications of the technology.<p>Called …

Bitcoin