Alibaba’s Ant Financial to Launch Blockchain Backend-as-a-Service Platform

Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21. The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology Exploration Conference (ATEC) in Hangzhou yesterday. The new BaaS platform is being launched…

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Consortium of Swiss Investors Launch Blockchain Incubator with $100 Million Goal

Switzerland-based consortium Crypto Valley Venture Capital (CV VC) has launched a blockchain incubator with a $100 million goal, swissinfo.ch reported September 20. CV VC has reportedly launched its initial incubator dubbed “Genesis Hub” in the canton of Zug, also known as Switzerland’s Crypto Valley. The Crypto Valley Association was founded as a government-backed consortium in…

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New York University Offers Major in Blockchain Technology

New York University (NYU) has reportedly become the “first” university in the U.S. to offer students a major in blockchain technology, CBS New York reported September 18. The program will reportedly be provided by the NYU Stern School of Business, which was also a pioneer in offering undergraduate courses in cryptocurrencies and blockchain. Professor Andrew…

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Copyright on Blockchain, Explained

Can someone post one of my photos or illustrations on blockchain without permission? Not right now… but this could change in the future. The reason why it isn’t possible at the moment is merely technical. Scaling problems (something we’ve reported extensively on at Cointelegraph) mean there’s a limit to the amount of data that can be…

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The 5 biggest blockchain myths, debunked – TechRepublic

The distributed ledger technology Blockchain has proven to be the larger value of cryptocurrencies, with the potential to revolutionize almost every industry. However, many myths around what the technology actually is and how it works are preventing businesses from understanding its potential impacts and applications. "Blockchains are being used to revolutionize all sorts of industries,…

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‘Not High-Performance’: Tradeshift CEO Prudent on Blockchain Supply Chain Potential

Digital invoicing startup Tradeshift CEO Christian Lanng countered “hype” over blockchain’s role in supply chains Wednesday, September 19, telling CNBC the technology “wasn’t ready yet.” In an interview at the World Economic Forum in Tianjin, China, Lanng highlighted the use cases for blockchain in areas such as identity and certifications, but argued supply chains were…

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Switzerland to Exchange Blockchain Regulatory Experience With Israel

Switzerland and Israel have agreed to share their experience on regulating the blockchain industry, Reuters reports Monday, September 17, citing both countries’ high-ranking officials. Switzerland’s Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser have recently visited Israel to officially request access to the local markets for Swiss banks. As…

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American National Standards Institute to Address Blockchain at Upcoming Forum

The American National Standards Institute (ANSI) will discuss blockchain and artificial intelligence (AI) issues at its next Legal Issues and Joint Member Forum, according to an announcement published September 17. The ANSI is a U.S.-based private non-profit establishment that is comprised of over 125,000 companies, with international organizations, academic and governmental bodies, and corporations among…

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Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System

South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16. Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank,…

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