Blockchain in Health Insurance: More Accuracy, More Transparency and More Efficiency February 21, 2019

The evolving relationship between blockchain tech and the health sector has already been thoroughly documented, yet something that’s received less attention is the increasing role blockchains are set to have in the health insurance industry. This industry was worth over $600 billion in 2017 in the United States alone, while calculations suggest that as much as $375 […]

Chinese Tech Giant Baidu Launches Blockchain OS to Support DApp Development February 14, 2019

Chinese search engine and web services company Baidu has launched its Baidu Blockchain Engine (BBE), an operating system designed to facilitate decentralized application (DApp) development. The news was officially announced by Baidu’s cloud computing unit, Baidu Cloud, on Feb. 14. Baidu Cloud states that it considers an open source, commercialized platform to be “the only […]

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report February 12, 2019

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the […]

Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System January 31, 2019

Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers to create projects which promote social good, the press release notes. ETHDenver — set to take place February 15-17 in Denver, Colorado — […]

Insurance Giant Aetna Partners With IBM on Blockchain Network for Healthcare Industry January 25, 2019

United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients globally, Aetna has reportedly issued a joint statement with IBM clarifying that the blockchain system will be designed to streamline insurance claims processing and […]

StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal January 24, 2019

The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24. The bank reported that the blockchain solution — developed by blockchain startup Distributed Ledger Technologies — had enabled an […]

Multi-Blockchain Crypto Collectible Game Integrates TRON and Promises Unique Updates December 29, 2018

Blockchain Cuties, a decentralized crypto collectible game already available on two blockchain platforms — Ethereum (ETH) and EOS — has recently added a third platform based on the decentralized protocol TRON. Blockchain Cuties has announced that the TRON version of the game will have unique content, including Cuties, items and probably locations. Future of DApps […]

From “Obsolete” Blockchain to Bitcoin at $1 Mln: Predictions of 2018 December 28, 2018

The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors being far too optimistic about the future of digital currencies. Some of the premonitions — especially related to BTC’s price by […]

UN Partnership to Roll Out Blockchain-Based Telemedicine, Telepsychology in East Africa December 27, 2018

The United Nations Office on Drugs and Crime (UNODC) will reportedly partner with blockchain-based telemedicine and telepsychology firm doc.com to expand free basic healthcare services across Eastern Africa. News of the partnership was shared with Cointelegraph in an email on Dec. 26. In an officially sealed letter signed on Dec. 20 by Amado Philip de […]

Ex-CIA Official Claims Blockchain Is ‘Biggest Threat’ to Future of US National Security December 25, 2018

Andrew Bustamante, reportedly a former CIA intelligence officer, has claimed blockchain is “super powerful stuff” that represents a threat to America’s national security. Bustamante, who specializes in publishing life-hacks based on his knowledge of espionage, made his elliptical remarks in a subreddit thread on Dec. 22. Bustamante is also reportedly a United States Air Force […]

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO December 16, 2018

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price […]

Blockchain Incubator Binance Labs Releases First ‘Batch’ of Blockchain Projects December 15, 2018

Binance Labs, the venture wing of the largest cryptocurrency exchange Binance, has released its first “batch” of blockchain projects from its Incubation Program, according to a press release shared with Cointelegraph on Dec. 14. Binance Labs is an initiative that seeks to help early-stage blockchain and digital assets projects and entrepreneurs through direct investments and […]

Europe Takes Serious Steps Towards Blockchain Adoption December 14, 2018

After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum, aimed to support European cross-border engagement with […]

Decentralized Browser Brave Becomes Default on HTC Blockchain Smartphone December 11, 2018

Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. at the end of 2010, according to TechCrunch. The company’s market share began […]

Blockchain Policy Development in China Concentrated in Three Cities December 8, 2018

Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within […]

US Dept. of Homeland Security Takes Interest in Investigating Blockchain Transactions December 4, 2018

The U.S. Department of Homeland Security (DHS) is seeking information about investigating and analyzing blockchains, including those used for privacy coins, according to a pre-solicitation notice published Nov. 30. DHS has released a proposal, which invites interested parties to comment and design applications for blockchain forensic analytics in respect to emerging cryptocurrencies. The proposal also […]

Austrian Blockchain Center for Multidisciplinary Research Established in Vienna December 1, 2018

The COMET Centers, which are coordinated by the Austrian Research Promotion Agency (FFG), have approved the Austrian Blockchain Center (ABC) in Vienna, according to a Nov. 29 press release. ABC involves 21 scientific institutions, 54 companies, 17 associated participants, and 16 international institutions and companies. According to the release, the research center will be multidisciplinary […]

Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030 November 28, 2018

The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030. “Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and challenges that must be […]

US Dept. of Defense Research Arm to Host Permissionless Blockchain Workshop November 26, 2018

The U.S. Defense Advanced Research Projects Agency (DARPA) will host a two-day blockchain workshop in February, according to an official request for information (RFI) posted Nov. 19. DARPA, the research arm of the U.S. Department of Defense, is looking to to investigate technologies for distributed consensus during a workshop “tentatively scheduled for February 14 and […]

BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019 November 22, 2018

Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20. The representatives of two Spanish banking groups were invited to an E.U. blockchain roundtable held in Brussels by Mariya Gabriel, the commissioner for Digital Economy and Society, and Roberto Viola, director […]

SWIFT India Partners With Fintech Firm for Blockchain Pilot November 21, 2018

SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the efficiency and security of financial products, according to a press release published Nov. 20. SWIFT India is a joint venture established by SWIFT SCRL (Society for Worldwide Interbank Financial Telecommunication) and a number of major Indian […]

West Virginia Secretary of State Reports Successful Blockchain Voting in 2018 Midterm Elections November 17, 2018

The Secretary of State of the U.S. state of West Virginia Mac Warner reported a successful first instance of remote blockchain voting in an official announcement Nov. 15. Warner stated that in the 2018 midterm elections, 144 military personnel stationed overseas from 24 counties were able to cast their ballots on a mobile, blockchain-based platform […]

Blockchain Set to Change the Face of Commercial Real Estate As We Know It November 12, 2018

The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be. Major drawbacks of […]

Bank of America Has the Most Blockchain Patents, But Is It Actually Going to Use Them? November 5, 2018

On October 30, Bank of America (BofA) added yet another cryptocurrency-related patent to its collection of more than 50 applications filed within the same field. The second-largest bank in the US has been leading in the informal blockchain patent race, sidestepping such players as IBM and Alibaba. However, that does not mean that BofA is […]

Chinese Retail Giant JD.com Launches Blockchain Research Lab October 31, 2018

Chinese retail giant JD.com is further gaining a foothold in blockchain technology by launching a research lab for blockchain in partnership with two technology institutes, according to an announcement published Oct. 30. Jingdong Group (JD.com) is a leading Chinese e-commerce company, controlling roughly 30 percent of the business-to-consumer online market in China with 314 million […]