Tag Archives: Adoption

Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash

Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20. In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto players — those… Read More »

China: Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported by Blockchain

Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud services, and the Internet of Things (IoT). Ping An Insurance Group is one of the world’s leading financial and insurance corporations, and their subsidiary’s announcement was reported on Nov. 20 by People’s Daily, China’s official state run press service.… Read More »

Catalan Government Considers Blockchain for Public E-Voting System

The head of the Catalan government‘s citizen participation council states that the authority is considering blockchain for the community’s voting system, Spanish daily newspaper La Vanguardia reports Monday, Nov. 19. Earlier in October, the Generalitat of Catalonia approved a preliminary bill to establish an e-voting system for residents abroad in major elections and other voting processes in the… Read More »

Russian Authors’ Society to Launch Blockchain Platform for Intellectual Property Loans

Major NGO the Russian Authors’ Society (RAO) will launch a blockchain-based financial platform for intellectual property-secured loans, according to Russian news outlet TASS Nov. 16. RAO’s CEO Alexander Sukhotin revealed that the project, dubbed CoFi, is at its final stages of development and is set to be launched in the first quarter of 2019. The platform intends to… Read More »

China’s IT Ministry Calls for ‘Acceleration’ of Blockchain Standardization

A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelerate” the development of standards for the blockchain industry. The text has been authored by the Ministry of Industry and Information Technology (MIIT)’s Zhou Ping, who is also secretary general of the China Blockchain Technology and Industry… Read More »

Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid

Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19. KEPCO is a $15.9 billion market cap corporation in which the South Korean government and state-controlled bank hold a majority stake; it has a “virtual monopoly” over power… Read More »