Tag "Blockchain"

5 Recent Stories Shaping Korea’s Blockchain Ecosystem

South Korea’s attempts to put itself on the map in the world of blockchain seem to be bearing fruit more and more lately. Increasingly, South Korean banks and tech firms are ramping up blockchain adoption in a big way with

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News Summary: Facebook’s Libra Crypto Project Sparks Fear and Criticism

Last week, Facebook unveiled plans for a new cryptocurrency called Libra. Set to launch as early as 2020, Libra will be a stablecoin fully backed by a reserve of real assets. The goal, it says, is to avoid high fluctuations

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Bitspark Co-Founder Claims SWIFT Is Hindering Innovation

George Harrap, CEO and Co-founder of Hong-Kong based blockchain remittance startup, Bitspark, has outed SWIFT for hampering fintech from driving innovation in the money transfer sector in his new e-book He argues that the remittance sector is ripe for disruption. However,

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One Year Later, Cathay Pacific’s Rewards Programme Happy with its Blockchain Port

In May last year, the Cathay Pacific Group, via its rewards programme Asia Miles, launched an app utilising smart contracts via blockchain. The campaign at the core of the new platform was a newly launched Asia Miles dining promotion in

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Hong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder

After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe, a local player in the blockchain scene with a focus on bringing the technology to SMEs in Hong Kong. Steven

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How is China’s Smallest Province Hainan Attracting Fintech Giants Like Tencent

Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and transform the location into a free trade port by the year 2025, Internet giants and fintech firms are flocking in.

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7 Upcoming Fintech, Digital Finance, Blockchain Events in China- 2019

China continues to lead the fintech revolution, and unsurprisingly, be a preferred location for fintech and blockchain-focused events in the region. The following events are some of the top upcoming fintech, digital finance and blockchain conferences to take place in

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Facebook Got Data Privacy Wrong, but Could it Get Blockchain 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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11 Upcoming Fintech Events in Hong Kong and Shenzhen in 2019

Fintech continues its momentum in Asia. In the first half of 2018, fintech companies in the region raised US$16.8 billion in funding with China and India dominating the top 10 deals, and blockchain and artificial intelligence (AI) remaining key priority

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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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