Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto firms is planning to pay Klein/Johnson Group, a bipartisan lobby group, to assist the crypto and blockchain community…

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JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28. Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development…

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Report: Blockchain Technology Could Reduce Uncertainty in Foreign Trade

In its new policy brief, the Austrian Research Center International Economics (FIW) has examined the possible effects of digitization, including blockchain technology, on the export economy, Cointelegraph auf Deutsch reports today, September 28. The report was prepared by Bernhard Dachs from the Austrian Institute of Technology on behalf of the Austrian Federal Ministry for Digital…

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Public Records Show US Government Tripled Investment in Blockchain Analysis Firms in 2018

New research into publicly available records shows that U.S. government agencies have tripled their investment in blockchain intelligence firms this year, according to a Diar report published September 24. As Diar outlines, blockchain analysis can be used by financial institutions or banks to track compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. The analysis…

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Major US Dairy Co-Op Pilots Blockchain Technology for Food Supply

Dairy Farmers of America (DFA), a U.S. national milk marketing cooperative, has teamed up with food fintech startup ripe.io to pilot a blockchain-powered project aimed at improving the food supply chain, according to an announcement published September 25. DFA is a cooperative owned by dairy farmer-members in 48 states, the net income of which totalled…

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JPMorgan Blockchain Platform Onboards 75 Multinational Banks to ‘Keep Payments In-House’

JPMorgan has expanded its blockchain payment platform to over 75 multinational banks. The goal of the participants’ combined efforts is to fight off competition from outside of the banking sector, Financial Times reports September 25. Speaking to the publication, analyst Jason Goldberg said the Interbank Information Network (IIN), under development since October 2017 on JPMorgan’s…

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Can the Blockchain and Token Economics Fix Privatizations?

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice. In our Expert Takes, opinion leaders from inside and…

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Walmart Requires Certain Produce Suppliers to Deploy Blockchain Technology

U.S. retail giant Walmart and its division Sam’s Club, a membership-only retail warehouse club, will require suppliers of leafy greens to implement a farm-to-store tracking system based on blockchain tech, Reuters reported September 24. The end-to-end traceability system is based on distributed ledger technology (DLT) developed by computing giant IBM. According to the report, Walmart…

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Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments

Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20. According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, setting the stage for a more widespread use of blockchain in the country’s banking…

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Spain to Develop Blockchain Tech Application for Transparency in Forestry Industry

The Spanish Ministry of Agriculture, Fisheries and Food plans to apply blockchain technology to develop the forestry industry, local news outlet EuropaPress reported September 21. The operating group, entitled ChainWood, aims to improve the traceability and efficiency of the wood supply in Spain by implementing blockchain technology in industry logistics. ChainWood is a group of…

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Russian Raiffeisen Bank Branch Issues Digital Mortgage Using Blockchain

A Russian subsidiary of Raiffeisen Bank International has issued an electronic mortgage using local blockchain platform Masterchain, local business newspaper Kommersant reports Monday, September 24. The document containing data on the parties in the transaction, the credit loan and its duration, and the property purchased was published in a decentralized depositary system (DDS). The DDS…

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IBM Awarded Patent for Autonomous Self-Servicing Devices Within Blockchain-Based IoT System

IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent and Trademark Office (USPTO) September 18. IBM first unveiled a proof-of-concept (PoC) for ADEPT in partnership with Samsung…

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US Tech Firm Eyes Blockchain Supply Chain Solution for Major Chinese Ports

U.S.-based technology company Ideanomics has partnered with the Asia-Pacific Model Electronic Port Network (APMEN) Trade Tech Co. to streamline supply chains with blockchain tech, a press release reports Thursday, September 20. Together with APMEN Trade Tech Co., Ideanomics aims to leverage blockchain and what it calls “super artificial intelligence” to cut out “layers of middlemen”…

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South Korean Gov’t Pledges Support for Blockchain Startups to Facilitate Industry Growth

The Korean Ministry of Science and Information Communications Technology (MSICT) has pledged further support to facilitate the growth of the domestic blockchain industry, Business Korea reported September 21. Second Minister of Science and ICT Min Won-ki held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what…

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US Congressman to Introduce Bills Supporting Blockchain Technology, Cryptocurrencies

U.S. Rep. Tom Emmer (R-MN) is planning to introduce three bills to support blockchain technology and cryptocurrencies, according to a press release published September 21. The three upcoming bills are entitled the “Resolution Supporting Digital Currencies and Blockchain Technology,” the “Blockchain Regulatory Certainty Act,” and the “Safe Harbor for Taxpayers with Forked Assets Act.” The…

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Dutch Supermarket Giant Adopts Blockchain to Make Orange Juice Production Transparent

Albert Heijn, Holland’s largest supermarket chain, has revealed it is using blockchain to make the production chain of its orange juice transparent, International Supermarket News reports September 21. Albert Heijn will reportedly launch the new blockchain system in partnership with its supplier, Refresco. To give customers’ maximum information about the source of Albert Heijn’s own-brand…

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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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