Can Blockchain Save Anime? Startup to Protect the Culture from ‘Unavoidable’ Decline

A Japan-based blockchain platform says the country’s beloved anime industry is at an impasse. While the number of global fans for this distinctive, inimitable animation style has been growing exponentially, artists face “a harsh work environment with very little incentive.” Twilight Coin fears that, if this trend continues, it is unavoidable that both the quality…

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South Korea to Triple the Budget for Blockchain Projects Compared to 2018

The South Korean government has agreed to invest $35 million in next year’s budget to develop blockchain technology and industry related to distributed ledger technology (DLT), South Korea's largest economic information service company Korea Economic Daily reported Nov. 8. South Korea’s government has held a meeting on industry related to DLT and blockchain technology with…

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Japan’s Shinsei Bank, Nippon Wealth Form Business Alliance with Blockchain Startup ConsenSys

Japan’s Shinsei Bank has signed a Memorandum of Understanding (MoU) with blockchain startup ConsenSys to widen its exploration of the technology’s applications for finance, Cointelegraph Japan reports Nov. 8. According to an English-language press release published the same date, the MoU entails a business alliance between Shinsei Bank, Hong Kong-based restricted license bank Nippon Wealth,…

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IBM and Seagate Launch Blockchain-Based System to Fight Counterfeit Hard Drives

IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8. The project will reportedly use IBM’s Blockchain Platform to help manufacturers, integrators, and business partners better authenticate the provenance of hard disk drives. IBM and Seagate’s…

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Japanese Cybersecurity Group Debuts Blockchain Scan Tool, Partners With ConsenSys Diligence

A cybersecurity subsidiary of Japan’s Nomura Research Institute (NRI) unveiled a new blockchain security alert tool in a press release Nov. 8, also confirming a partnership with U.S. blockchain software company ConsenSys. With the tool, dubbed the “Blockchain Security Monitoring Service,” NRI SecureTechnologies (NRI ST) said it aimed to increase security in blockchain implementations, informing…

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Malta-based exchange launches security token

A Malta-based cryptocurrency derivatives exchange known as LXDX has launched a security token offering for a security token that will be backed by both equity and dividends. The company plans to issue 5 million security tokens each priced at 1 euro. The holders of the security tokens will buy ownership rights in the company and…

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US CFTC Chairman: DLT Can Help Regulators Better Oversee Markets

The U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said in a speech Nov. 7, that technological advances, including Distributed Ledger Technology (DLT), could help regulators better oversee trading markets. Giancarlo delivered his speech titled “Quantitative Regulation:  Effective Market Regulation in a Digital Era” at the FinTech Week conference at Georgetown University Law School.…

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Bit.ly Says It ‘Does Not Block Cryptocurrency Sites,’ Fixes Links For Andreas Antonopoulos’ Book

On November 3, renowned Bitcoin advocate, Andreas Antonopoulos, took to Twitter to claim that URL shortening service, Bit.ly (Bitly), had blocked crypto-related links from his upcoming book. Cointelegraph has reached out to Bitly, and learned that the links “had been inadvertently blocked,” while the company has reportedly resolved the issue. Nevertheless, crypto-related bans still exist…

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Report: Companies Dropping The Term ‘Blockchain’ Due to Hype Around Technology

A new report from Forrester Research states that some companies are stopping to use the term “blockchain” because they think it is overhyped, business magazine Fortune reported Nov. 6. In the report dubbed “Predictions 2019: Distributed Ledger Technology,” analysts purportedly found that companies have started to withdraw “blockchain” in favor of “distributed ledger technology” (DLT).…

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BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has carried out a blockchain-based syndicated loan of $150 million, U.K.-based global financial news agency Finextra reports Wednesday, Nov. 7. The syndicated bank transaction has been conducted on a private blockchain network through a group of three funding banks including French banking group BNP Paribas, Japan’s…

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‘Free Transactions Cleared in Five Seconds’: Platform to Help Businesses Use Blockchain

A startup is aiming to attract social networks, gaming companies and mobile payment providers through a “full-service platform” that eliminates the headaches associated with using blockchain technology to reach customers. Aerum says its offering is geared towards entrepreneurs and businesses that create DApps (decentralized apps) based on the Ethereum protocol. According to the company, its…

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China’s Central Bank Issues Warning Against Blockchain Investment ‘Bubble’

China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment, Reuters reported Nov. 6. The PBoC, which is known for its anti-cryptocurrency stance, has reportedly advised that the government strengthen its supervision of “speculation, market manipulation and other irregularities,” which it claims are common in domestic blockchain…

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OneAlpha Blockchain Report Suggests Positive Trajectory for the Industry, After a “Cleansing” Bear Market

An October report published by OneAlpha suggests that Bitcoin has gained strength following the 2018 correction. Moreover, based on their findings, they posit that the bear market has had a “cleansing effect” on the crypto marlet, as the bust drove out speculators and “[lowered] valuations to a more sensible level.” Based in Israel, OneAlpha is…

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Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain

The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets, reports the Emirati government news agency WAM Nov. 6.                                 The document was reportedly issued in collaboration with the Central Securities Depositories and under the auspices of the International Securities Service Association, ISSA. In publishing…

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Port Authority of Valencia Joins Maersk, IBM Blockchain Project for Shipping

The Port Authority of Valencia (PAV), Spain, has integrated into the TradeLens platform, a blockchain ecosystem jointly developed by IBM and shipping giant Maersk, according to an official announcement published Nov. 5. Launched in August 2018, the TradeLens platform applies blockchain technology to global supply chains. The product aims to improve trade efficiency and security,…

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OpenFinance CEO: Security Tokens Could Bring Institutional Investors into Crypto

Juan M. Hernandez, CEO of OpenFinance Network, recently took to Medium to articulate how security tokens could legitimately act as a gateway to bring institutional investors into the cryptocurrency sphere. The reason for their current caution, says Hernandez, is due to an unclear regulatory atmosphere, which doesn’t apply to security tokens. Why Institutional Investors Have…

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