Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association

Several leaders in banking, payments and politics are joining the Chamber of Digital Commerce, a major voice for the blockchain industry in Washington, D.C. On Wednesday, the Chamber of Digital Commerce announced the addition of Visa, Goldman Sachs and Six Digital Exchange (SDX) to its executive committee.

You Can Now Get Ethereum NFTs Inspired by The Godfather

The collectibles are officially licensed, paving the way for Hollywood to enter the blockchain industry.

Filecoin: Understanding the Complex Crypto System Meant to Rival AWS

Filecoin and its FIL token might be the most complex thing the blockchain industry has ever brought to market.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.

Blockchain needs to walk before it runs to DeFi

Before we run to build more DeFi products, let’s first walk to improving the underlying infrastructure. Decentralized finance has become the fastest-growing sector of the blockchain industry.

Why Asia is the Epicenter of Blockchain Growth

In the last few years, the blockchain industry has shifted from being a rather niche market mostly comprised of experimental technologies and fledging protocols, to a multi-billion dollar industry full of fintech unicorns and novel platforms that promise to disrupt traditional finance and practically every other industry.

‘Exclusive mining’ could have negative implications for the Blockchain industry, say experts

A new mining concept is facing criticism in the blockchain sphere. Dr Elias Strehle of the Blockchain Research Lab and Lennar Ante of the University of Hamburg recently warned that blockchain nodes engaging in exclusive mining “have no incentive to forward new transactions to their peers.” They speculated that crypto miners may instead be incentivized to keep transactions confidential “in the hope of being the only one who can earn the associated transaction fees.” Exclusive mining, which is a type of collusion between a transaction initiator and a single miner or pool, uses private channels to confirm transactions rather than broadcasting them on the public blockchain.

Residents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum

Zug. The Swiss canton of Zug – the heart of the nation’s burgeoning crypto and blockchain industry – will be allowed to pay tax bills of up to USD 109,670 in bitcoin (BTC) or ethereum (ETH) from February 2021. Per Bloomberg, the canton’s tax authority has sealed a deal with crypto custody firm Bitcoin Suisse, which is headquartered in Zug.

Binance joins ‘Blockchain for Europe’ association

Binance is now an official blockchain advocate in Europe alongside Ripple. Blockchain for Europe, a major European association advocating for the balanced regulation of the blockchain industry, has welcomed the world’s largest cryptocurrency exchange. Binance, the biggest exchange by daily trading volume globally, has joined Blockchain for Europe, the association announced on Sept.

Japanese Regulator Hints at ‘New Laws’ for Crypto Industry + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Japan’s top financial regulator, the Financial Services Agency (FSA), has spoken about possible forthcoming regulatory changes for the crypto and blockchain industry in the second half of FY2020,

Japanese Government Urges Blockchain ‘Cooperation’ + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Japanese finance minister and deputy prime minister Taro Aso has addressed the country’s blockchain industry, asking for the sector’s “cooperation,” and speaking about the

An online hackathon to tackle global pandemic related challenges with blockchain technology! 

A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon.

Indian State of Telangana Is Interested in Using Blockchain for E-Voting

The State Government of Telangana may develop a blockchain e-voting platform for state and national-level use. The Southern Indian state of Telangana may soon develop and test a blockchain-based electronic voting system to facilitate remote voting. Speaking at a webinar conducted by the Election Commission of India and Tamil Nadu E-Governance Agency, the Principal Secretary of Information Technology Jayesh Ranjan suggested that the state may initially experiment with blockchain e-voting on a small scale and later widen the implementation. Members of the Election Commission of India, Ministry of Electronics and IT, India’s citizen engagement platform MyGov and blockchain industry leaders were also a part of the webinar. The members of the webinar discussed the possible use of blockchain technology in deploying an e-voting platform for Indian states, reported local news outlet Deccan Chronicle. Ranjan said that the state government may persuade smaller bodies such as civil societies, neighborhoods, and sports associations to conduct internal elections using their blockchain-based e-voting platform.  Depending on the possible use-cases observed through these smaller experiments, they may move ahead and convince other state governments to use the blockchain platform.

Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards

Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them. In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers.

Chinese Schools Can’t Keep Up With Demand for Blockchain

The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs. The head of the Digital Economy Development Research Center at the Beijing-based Communication University of China, Sun Daojun, said the first batch of “blockchain graduates” will start courses later this year and complete their studies in 2024. In the context of the latest Baidu’s Superchain whitepaper press conference, Sun told Mars Finance he believes that the Chinese blockchain industry is developing fast, but the educational sector “is seriously lagging” behind the demand of new professionals. The Chengdu University of Information Technology announced the official launch of the "Blockchain Engineering" undergrad course in March.

The ICO Collapse Taught Projects How to Avoid Reprisals, MEW Founder Says

The collapse of the initial coin offerings provided invaluable lessons on how to avoid a similar fate, MEW’s Kosala Hemachandra says. The boom of the initial coin offerings defined the blockchain industry in 2017 and the first half of 2018 as capital flowed to finance many new projects and the associated services. Ahead of Ethereum’s five year anniversary, Cointelegraph interviewed Kosala Hemachandra, the founder of MyEtherWallet.

Blockchain audit service brings security to China's blockchain industry

Beijing Certificate Authority is the only certificate authority approved by the Certification and Accreditation Administration of China (CNCA) to work in the financial sector.

Japanese Otaku Coin Association Welcomes New Leadership

An organization that provides a community currency for fans of Japanese anime just gained two new directors from Dentsu and Hakuhodo. Formed to connect fans of Japanese animation, the Otaku Coin Association has announced leading figures from the anime and the blockchain industry will join its leadership team. According to a July 27 article in Japanese news outlet AdverTimes, executives from Dentsu Japanimation Studio and the Hakuhodo Blockchain Initiative will be joining the Otaku Coin Association (OCA) as new directors.

China's BSN wants to integrate 100 public blockchains in 2020

The Blockchain Service Network aims to connect the fragmented blockchain industry, providing a one-stop hub for dapp developers.

Title Token for Blockchain Estate Registry, Part 1

Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology. Since 2015, the blockchain industry has generated a variety of economic concepts and supported them with relevant technologies: initial coin offerings, initial exchange offerings, security token offerings, data access object, permissioned ledgers, stablecoins, decentralized finance, etc.

Why Interoperability Is the Key to Future Innovation and Adoption

Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into. For years, tribalism has plagued the blockchain industry.

In COVID-19’s Wake, the New Normal Creates Crypto Opportunities

In a global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency. The COVID-19 pandemic has been a challenge for everyone, but it has created many opportunities for us in the blockchain industry.

Report: Big Four Firms to Become 'Crucial Part' of DeFi Ecosystem by 2030

DeFi will see a number of bullish developments over the long term, the latest dGen report alleges. Big Four accounting firms like KPMG and Deloitte will become an important part of the decentralized finance — or DeFi — in the coming decade, according to Berlin-based non-profit think tank dGen.  In its report titled “Decentralised Finance: Usecases & Risks for Mass Adoption,” dGen focuses on what it calls “the hottest topic in the blockchain industry today.”  According to dGen, although DeFi is still in its infancy, it “could leapfrog the current FinTech industry, providing a new structure of financial services” in the years to come. The researchers back this thought up by making a number of bold predictions regarding DeFi.  In their view, it will become a trillion dollar industry and “provide income for thousands of gamers, streamers, and influencers” by 2030. It

The Future of Blockchain Technology as An Investment Opportunity

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The blockchain industry not only attracts the public’s attention but also continues to obtain investments from institutional investors.

Crypto funding post-coronavirus: where are the VCs?

Funding in the blockchain industry has all but flatlined in the wake of the coronavirus pandemic, but some see opportunities ahead.

Interview: Colin Steil Offers an Insight Into the Cartesi Project

The Cartesi project has been making waves in the crypto and blockchain industry as it aims to make dApps more practical and scalable so that it can meet the ever-evolving real-world requirements.

Cardano Becomes 6th Largest Cryptocurrency As Charles Hoskinson Pushes for Unity in Emerging Blockchain Industry

Charles Hoskinson is confident that Cardano (ADA) will secure its spot as a leading smart contract platform after the cryptocurrency surged to become the 6th largest by market cap.

ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $18M+ in US ‘PPP’ Bailout Loans

At least 45 crypto and blockchain startups, ranging from Bittrex to the Electric Coin Company, received US Paycheck Protection Program loans, new filings show.