• Market Cap: $266b

  • Oct 20, 2020

The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.

The New York Department of Financial Services (NYDFS) Invites Digital Asset Firms to a 'TechSprint' to Digitize Reporting Process

The New York Department of Financial Services (NYDFS) has invited several digital asset firms for a 'TechSprint' aimed at digitizing the process of submitting regulatory reports by these digital asset firms.

China's Digital Currency (DCEP) to be Tested on Japanese Toy Vending Machines

China is currently at the forefront of the development of a national digital currency, where it has already completed the development of the digital asset and is currently in a testing phase of the digital yuan.

Bank of Thailand Issued $1.6B in Government Savings Bonds Using IBM's Blockchain Solution

The Thailand government is quite progressive when it comes to adopting nascent technology like blockchain, which is evident from its recently announced blockchain program for government bonds' issuance.

Binance.US Joins Chicago DeFi Alliance to Foster the Development of Decentralized Finance

Up and coming United States-based crypto exchanged, Binance.US, is the latest to become a member of an alliance that focuses on decentralized finance or DeFi.

BitMEX Sets Up Blockstream's Bitcoin Satellite System to Verify Transactions Without the Internet

One of the globe’s most popular crypto derivatives exchanges, BitMEX, has announced the installation of a Blockstream Bitcoin Satellite System, which will operate a node without the need for an internet connection.

Blockchain Travel Site, Travala, to Integrate Binance Smart Chain To Its Platform

Travala.com, a popular travel and hotel booking platform with access to 230 countries, has partnered with Binance to integrate its local blockchain called Binance Chain. The integration aims to bring in more decentralized solution...

Jay Z & Will Smith Backed Blockchain Dev Startup, Alchemy, Launches Public Full Suite Toolkit

Alchemy, a widely used Ethereum dApp building toolkit, launches its public suite allowing all developers on Ethereum to build dApps using the platform.

PBoC Bank Adds The Capital of China's Sichuan Province To Its Fintech Initiative

People's Bank of China (PBoC) has added a new city to its official list for fintech supervision pilots

South Asia Gateway Terminals, First Private Srilankan Terminal Joins Blockchain Platform TradeLens

South Asia Gateway Terminals(SAGT) has become the first private Sri Lankan container terminal to join hands with a blockchain trade platform TradeLens, which is run jointly by IBM and Maersk.

US DoE Awards $1M Grant to Firm Studying Potential Blockchain Use Cases in Energy Sector

The U.S. Department of Energy (DOE) has awarded more than $1 million in grant for InfoBeyond Technology LLC, a blockchain-focused software company.