CryptoDaily Newsletter by BCFocus >> 17.05.2018 >> Vol.23 8691
Bitcoin News
May 17, 2018 at 7:11 PM


Korea Customs Service to initiate tests for Blockchain-based Customs Clearance System

Korea Customs Service (KCS) has come up with a project that is based on custom clearance system. The system uses Blockchain technology. To test its functionality for practical usage for future usage KCS is hiring importers and exporters for the same purpose. Read more

Santander and Broadridge completes their first practical use of blockchain for investor voting

One of the largest bank in Eurozone, Spanish banking group Banco Santander and global Fintech leader Broadridge Financial solutions announced the completion of first practical use of blockchain for investor voting at the annual general meeting (AGM). Read more

HMM Collaborates with Oracle to develop smart shipping

To accelerate the transformation of the shipping industry shipping companies are collaborating with tech giants.Hyundai merchant marine (HMM) announced partnered with California based software company Oracle. The major aim of this collaboration is to store HMM’s data to the cloud. They were in search of a global tech partner from the beginning of this year so as to migrate its data servers to a cloud-based system and to implement Blockchaintechnology to the shipping platform. Sources reveal that according to a spokesperson from the company, Yoo Chang-Keun insisted for collaboration as implementing this technology. Oracle perfectly fitted into the criteria which the company ideated. Read more

French Finance Minister is open to Cryptocurrencies, gives “total and determined support” for it

Bruno Le Maire, the Finance Minister of France revealed his deep interest in cryptocurrency and gave his “total and determined support” for it. Le Maire stated, “I was new a year ago, but now I’m passionate. It took me a year. Let us educate our fellow citizens to make France the first place for blockchain and crypto-assets innovation in Europe.” He stated this during a meeting with Alex Stachtchenko. Alex is the co-founder of Blockchain Partner. Read more

President of Kazakhstan insists on having ‘globally accepted’ regulations for Cryptocurrency

Recently, President of Kazakhstan Nursultan Nazarbayev has made a powerful statement regarding cryptocurrency. He has stated that countries across the globe should come out with certain guidelines and regulations for the digital currency operations. Read more

Aurora Chain Joins Public Blockchain Race

Aurora, public blockchain organized a press conference in Seoul marking the blockchain's global launch. Aqua Zhao Aurora's founder announced the blockchain network Aurora is scheduled to go live today. journalists from every corner of the world attended the conference. Read more

Cambridge University’s first crypto academic ‘Garrick Hileman’ joins

Cryptocurrency data resource and wallet provider hired Garrick Hileman, one of the top 35 most influential economists in the U.K. and Ireland. It was announced in a blog post on their official website yesterday. He has joined the team as Head of Research. Read more

Monaco’s New Update: Cryptocurrency Wallet App for “Best Financial Decisions”

Monaco, a digital platform designed for payments and cryptocurrency trading has recently unveiled about the addition of a new Wallet app to the old app.The cryptocurrency wallet app is very useful for the users who are looking forward for a safe and channelized process for cryptocurrency trading. The app provides the convenience to buy, exchange or sell digital currency easily. Read more

Sberbank and MTS issue Russia’s first commercial bond deal on NSD blockchain platform

State-owned Russian banking and financial services company Sberbank and largest mobile operator in Russia, Mobile TeleSystems MTS have developed and conducted the first Russian issue of commercial bonds via smart contracts. The operation was carried out utilizing blockchain platform which was developed by National Settlement Depository (NDS). NDS’s technology is based on HyperLedger Fabric 1.1. Read more

Internet of Blockchains Gets First Proof-of-Concept

Parity Technologies and Web3 Foundation have joined hands together to introduce the first proof-of-concept of interoperability protocol named as Polkadot. Polkadot is a protocol that permits independent blockchains to share information. It is a heterogenous multi-chain technology aimed towards the future. Read more

Securities and Exchange Commission Launched a Fake ICO Website for Investor Education

The U.S. Securities and Exchange Commission adopted a new way to educate investors about fake ICOs by launching a fake ICO website HoweyCoins. The press release by SEC states, "The SEC set up a website,, that mimics a bogus coin offering to educate investors about what to look for before they invest in a scam. Anyone who clicks on “Buy Coins Now” will be led instead to investor education tools and tips from the SEC and other financial regulators." Read more

Nokia To Allow Consumers To Monetize Their Data with Blockchain

Streamr has built an open source platform for the free and fair exchange of the world’s real-time data. Finnish telecom biggie Nokia and California based OSlsoft have joined hands together with Streamr to allow users to monetize their real-time data with the help of blockchain. Read more

ICON and LINE collaborate to build blockchain network

LINE, Japan's largest messaging app with a userbase of 200 million users, has joined hands with ICON, 1.6 billion dollar blockchain project to introduce Unchain - to build Line's blockchain network. Unchain would develop decentralized applications by utilizing the resources at ICON. The ICON Network has an eclectic mix of institutions ranging from financial institutions, insurance companies, hospitals, universities and more. Read more

KNOWNSEC 404 blockchain security team warned the smart contract JSON-RPC interface

smart contract is a computer protocol designed to digitally facilitate, authenticate, or enforce the negotiate an agreement. Smart contracts facilitate credible transactions without third parties. These transactions are trackable and immutable. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994. Read more

Indian Government collaborates with ImpactPPA to generate 50 million jobs

At Consensus 2018 blockchain summit, ImpactPPA announced the company had been roped in as the blockchain technology partner for a significant economic development project in India. ImpactPPA is an ethereum based decentralized energy platform built to disrupt renewable energy finance and accelerate clean energy production. The government initiative, Bhartiya Harit Khadi Gramodaya Sansthan (BHKGS), which roughly translates to the “Indian Green Cotton Textile Village Development Organization,” hopes to generate up to 50 million jobs for women from various states in India. Read more


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