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A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Telenor Microfinance Bank and Malaysian fintech firm Valyou have partnered to offer the service to that will operate between Malaysia and Pakistan. The service is expected to enhance the efficiency and speed of remittances from
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Waves (WAVES), a blockchain platform centered around a multi-currency wallet that features a decentralized exchange (DEX), has partnered with Tradisys to release a Christmas-themed game that demonstrates the utility of Waves smart contracts in gaming. We're launching #blockchain-based #Waves #Christmas game! It's an excellent showcase of how Waves #smartcontracts and Waves Keeper can be used in the […]
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Two weeks ago, Fortnite creator Epic Games announced a new game store that boasts a generous 88% revenue share with game publishers, a major bump from the 70-80% currently offered by Steam. Now, Robot Cache, a blockchain-based game platform founded back in January, is preparing to hit the market, with the explicit aim of pulling developers and gamers […]
Blockchain voting could soon be a reality in South Korea if the trial on a system based on distributed ledger technology turns out successfully. According to The Korea Times, the development of the blockchain-based voting system will be completed in December. The system which is the brainchild of South Korea’s National Election Commission and the
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Mythical Games, a brand new startup that recently exited stealth mode, has raised $ 16 million to develop a line of PC, mobile and console games on EOS (EOS), the blockchain platform known for its delegated proof-of-stake (DPoS) consensus model. According to a report by TechCrunch, Mythical is led by a group of gaming industry veterans, with backgrounds at Blizzard, Activision […]
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IBM has filed a patent for a blockchain-based system which will prevent players of augmented reality games entering physical spaces that are undesirable. They cite as examples “high-risk locations, culturally sensitive locations, locations marked by property owners.” Augmented reality is a technology which adds layers to physical reality. An example is Zombie GO, an AR
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In a press release published earlier today, DMG Blockhain announced that it will build a blockchain based supply management platform for the Cannabis industry. Using DMG’s platform, producers, distributors, retailers, shippers, regulators, and others in the Cannabis supply chain will be able to ensure product traceability, safety, and transparency when it comes to the Cannabis business. The platform is set to deploy in Canada first, and later expand globally.
What is DMG Blockchain?
Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities. A promising sign for what the future may hold.
As one of the founders of the Interbank information network, ANZ plays a key role in the process of incorporating blockchain technology. Although it remains to be seen if this bank will ever use DLT for a commercial product, one cannot deny the opportunities which loom on the horizon. ANZ has an ongoing partnership with IBM to build a blockchain infrastructure as well. Exploring different options will yield the best results in this growing industry.
Forex trading platform TigerWit has announced a new partnership with Liverpool Football Club and the launch of a new blockchain-based trading app that gives clients access to access to key global markets and trade FX, indices, commodities and metals. Under the terms of the partnership, TigerWit becomes the ‘Official Foreign Exchange Trading Partner of Liverpool FC’ in
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Tsukuba is now the first Japanese city to test a voting system that incorporates blockchain technology.
According to the Japan Times, a new online voting system that incorporates blockchain has been introduced to let citizens vote for different social contribution project proposals.
Project proposals included the creation of new cancer diagnostic technology, the introduction of a “mystery solving game” for cheap entertainment, and the construction of a system to help manage outdoor sporting competitions.
Civil, a blockchain-based journalism startup, promises a comprehensive solution to create a “decentralized marketplace for sustainable journalism” by directly supporting content creators, fighting “fake news,” and removing advertising from the news experience. While Civil’s goal –– to flip the current journalism model on its head –– is ambitious, the team has already recruited a network of newsrooms and has secured $ 5 million from ConsenSys to build their product.
The State of Online News in 2018
It’s hard to verify the trustworthiness of online news in 2018. From fake news spread through social media networks such as Twitter to “deepfake” videos of President Obama circulating on YouTube, consumers must be ever vigilant when they’re looking to catch up on recent events.
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. With blockchain technology deemed a key component of Industry 4.0, and the global videogame industry valued at over $ 100 billion and set to grow to over $ 128 billion
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Despite the fact that the overall cryptocurrency market has declined with around 70 percent since January 2018, interest in blockchain-based technology grows stronger. Yet another major company, UPS, demonstrates its serious intentions for implementing DLT in its operations.
UPS Boards the Blockchain Bandwagon
The shipping giant UPS has filed an application for a patent with the US Patent & Trademark Office.
The company seeks legal protection for a system which takes advantage of blockchain-based technology for storing different types of information within a distributed ledger network. The data includes details about the package’s destination, its actual movement, as well as transportation plans and others of the kind. The patent reads:
New York realtors looking to avoid hiccups in their commission payouts can now turn to blockchain-based smart contracts. The first real estate commission split was brokered earlier this summer in Manhattan’s ritzy SoHo neighborhood by New York-based Bapple Realty.
Enabled through data uploaded onto the Zap platform, the seller divvied up a $ 3,400 commission — paid in Ethereum tokens — to pay the brokerage and the agents involved in the transaction.
Bapple itself is no stranger to blockchain technology and the use of cryptocurrencies. In 2014, the firm agreed to an $ 18,000 rent and commissions payment with bitcoin. With the current deal, the infusion of blockchain technology within the real estate industry becomes more solidified.
ARTiFACTS, creator of a blockchain-based platform for scholarly research, have formed a partnership to advance the use of blockchain in scholarly communications with Innovative Education Services (ies), the Asia-Pacific based consulting firm focused on enhancing quality and global visibility of Asian-Pacific scientific research. Under this partnership, ARTiFACTS and ies will work together to expand the use of blockchain technology to help academic institutions, their researchers, and funding organizations throughout the Asia-Pacific region improve speed, collaboration, access, transparency and attribution in scholarly research.
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration.
By using the Bancor Network, disadvantaged communities in Kenya will be able to create digital currencies that can hold one or more balances in a connected way such that integrated currencies can be swapped for one another without needing a counterparty.
Bancor will launch the new currencies by contributing capital from the proceeds of its $ 153 million token sales in 2017.
Amid the meteoric rise of the global freelance economy, entrepreneurs, creative nomads and independent teams are becoming a large majority of today’s workforce. As this new model for work develops, establishing productive working systems between contractors, businesses and talent becomes a key component to success.
For many businesses, managing the dynamics of an already dynamic ecosystem can seem arduous. The first place to start when designing a working system within such a dynamic environment is to address data points that must be verified as true for a working system to successfully function. These data points include worker’s level of competence, trust and likelihood of completing a job.