Blockchain/Bitcoin

Samsung and IBM Collaborate to Strengthen Blockchain Ecosystems

During IBM’s annual conference focused on technology and business, Samsung SDS announced it is continuing its collaboration with IBM in support of advancing Hyperledger Fabric, an open source cross-industry blockchain technology, with recent code contributions, research and a new white

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FinFabrik Concludes Seed Round Led by BitMEX Ventures

 FinFabrik, a Hong Kong-based fintech startup focused on issuance, market making, and trading of digital assets has raised an undisclosed amount in seed funding. BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading Ltd., is the lead investor. FinFabrik

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Facebook Got Data Privacy Wrong, but Could it Get Blockhain and Fintech Right?

It is becoming more apparent that the financial services industry is being reshaped by bigtechs, or the big technology players such as Google, Apple, Facebook, Amazon and Alibaba, which are leveraging data and consumer insights to offer a unique, personalized

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Hong Kong Gets its First HKD Backed Stablecoin

Bitspark, a cryptocurrency money transfer platform, has launched Sparkdex.HKD. The company claims that is the world’s first market-ready cryptocurrency pegged to the Hong Kong Dollar (HKD). “Until now, US Dollar stablecoins have dominated the market but there are other national

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3 Reasons Why Korea is Shaping up to Be A Blockchain Hub

When talking to South Koreans, the word “blockchain” has become a household buzzword. Most people have heard of it via the mainstream local media, especially when there was a massive fervor around bitcoin and cryptocurrencies towards the end of 2017.

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Where to Buy Cryptocurrencies in South Korea

While the global cryptocurrency fervor has abated throughout the course of 2018 following bitcoin’s parabolic rise in the year prior, investors in South Korea into continue to trade cryptocurrencies via large cryptocurrency exchange gateways. In South Korea, there are a

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DBS Launches Blockchain Trade Platform for the Automotive Sector in China

DBS Bank announced that it has partnered with one of China’s largest automotive logistics companies, China Capital Logistic Co. Ltd alongside blockchain provider, Wanxiang Blockchain, to launch an automotive blockchain platform connecting car manufacturers, exporters, logistics carriers and car dealerships.

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New Study Highlights Price Manipulation, Scams and Fraud in Crypto Market

A new report by finance and accounting professor Paul Barnes released in November 2018 explores the cryptocurrency market, highlighting its susceptibility to speculative bubbles, manipulation, scams and fraud. The paper, which was presented at a blockchain and cryptocurrency conference organized

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First Industry-Wide Use of Blockchain-Based Authentication in Motor Insurance

CryptoBLK in collaboration with The Hong Kong Federation of Insurance (HKFI), launched a Motor Insurance DLT-based Authentication System (MIDAS), the first motor insurance platform in Asia using blockchain technology in production to verify the authenticity of motor cover notes/policies. Verification of

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WTO: Blockchain Holds Great Opportunities for International Trade But Challenges Remain

Blockchain is perceived by many as the next big game-changer in trade, promising to enhance the efficiency of processes and help trade move closer to becoming paperless. However, the challenges to overcome are equivalent to the opportunities offered by the

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