The Standard Bank of South Africa has planned to move to its private permissioned DLT payment system according to an announcement made on the 28th of February. The movement is made by the bank to facilitate the overseas payment for its corporate client for their foreign exchange trade. The major bank of South Africa aims […]

The German cabinet has announced that they will be announcing the blockchain strategy of the country by the mid of 2019. The announcement was made seeing the budding number of fintech enterprises in the country. The government has asked for advice from various blockchain companies so that they understand the benefits and disadvantages of the […]

Two major tech companies in Japan have teamed up together to work on blockchain technologies in the education sector, the idea behind this partnership is to stop the duplication of educational records. As per the declaration done by Fujitsu Research Institute, Sony Global Education, Inc., and Fujitsu Limited, will introduce a field trial to assess […]

According to a report published on 27th February, the London Stock Exchange Group (LSEG) has invested in a London based blockchain startup Nivura. The startup is known for being the world’s first company to issue automated crypto bonds. Both the companies had jointly accepted the investment. But the amount invested by LSEG is undisclosed. Nivura […]

The mobile phone company of Taiwan, HTC continues to innovate its smartphone applications, they have adopted the blockchain expertise and have launched their new android phone HTC Exodus. The newly launched mobile phone will support various decentralized applications as announced by the company on the 26th of February. HTC has also announced that they have […]

The Korean government had decided to invest more than USD 1 billion for the development of Fintech and blockchain startups by 2022 for the capital city of Seoul. As per the official announcement published on 18th February. As per the announcement made on Monday, the government will use the Seoul Innovation Growth Fund to help […]

The largest economy of Europe, Germany has joined the bandwagon to explore the blockchain technology for various industries. As per the sources, the government of the country has opened the consultation process to understand the potential of the blockchain technology so they can come up with a policy before the summer. The tech hub Berlin […]

One of the leading telecom company of South Korea KT corporation has been given the opportunity to create a local virtual currency for the South Korean city of Gimpo. As reported by the local media ZDNet published on the 14th of February. In today’s world cryptocurrency is getting introduced to the financial ecosystem in various […]

It was announced by the Banking giant HSBC that the price of settling the foreign exchange trades has reduced by quarter after using the blockchain based technology. Speaking to the Reuter, the chief operating officer of HSBC FX told that the platform had helped them to save about 25% percent of the cost compared to […]

IBM announced about their plans to explore the blockchain technology in clinical traits with partner Boehringer Ingelheim in a conference held in Orlando city of Florida, on February 12th, 2019. Boehringer Ingelheim, a pharmaceutical company, is committed towards healthcare innovation, their partnership with IBM will mark the first-time usage of blockchain in clinical traits setting […]