Tag Archives: DLT

Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto

Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto

The recently launched Korea Blockchain Enterprise Promotion Association has called on the state to adopt crypto and blockchain technology, local news agency Korea Joongang Daily reports Aug. 8. According to the report, the blockchain association has filed a demand with the government to regulate the new technology to benefit from its opportunities instead of focusing on its negative “short-term side effects.” […]

Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus

Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus

Litecoin (LTC) founder Charlie Lee tweeted July 29 that he will be an advisor for HTC’s new smartphone Exodus, which will support LTC and the Lightning Network (LN). In acknowledging Lee’s new advisory position, HTC tweeted: “One small step for @SatoshiLite. One giant leap for blockchain.” As previously reported by Cointelegraph, HTC is seeking to enter the crypto space with a mobile device […]

Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. NASSCOM Promotes Blockchain In India for Its Potential for Economic Growth […]

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

On July 4, 2018, the Parliament of Malta approved a regulatory framework for blockchain technology, making Malta one of the most ‘blockchain-friendly’ countries in the world. Cointelegraph talked to Simon Schembri, a partner at Ganado Advocates — one of the leading Maltese law firms that was involved in drafting the legislation — about what it means for […]

Bank of England To Test Blockchain Features For New Payment System

Bank of England To Test Blockchain Features For New Payment System

The Bank of England is undertaking a proof-of-concept (PoC) to understand how the renewed Real Time Gross Settlement (RTGS) service could be capable of interacting with Distributed Ledger Technology (DLT), according to the bank’s statement on March 27. Real Time Gross Settlement systems are special payment systems where the transfer of funds is conducted between banks in […]

Taipei Partners With IOTA To Become A Blockchain-Powered Smart City

Taipei Partners With IOTA To Become A Blockchain-Powered Smart City

Taipei, Taiwan is seeking to become a smart city by utilizing the power of Distributed Ledger Technology (DLT), or Blockchain. The city has chosen to partner with IOTA, the inventors of the so-called Tangle technology for the Internet of Things (IoT), to provide a number of new technology features for residents. Wei-bin Lee, Commissioner of the Department of Information Technology in Taipei […]

Bitcoin Takes All? Enterprise Blockchains Need Time, Too

Bitcoin Takes All? Enterprise Blockchains Need Time, Too

Last week I described how bitcoin, as a deflationary currency, encourages delayed gratification. Now there’s evidence that bitcoin’s straight-laced twin, enterprise blockchain technology, requires such an attitude as well. Overshadowed by the bitcoin price action, the enterprise use case  – and one of its most prominent evangelists – scored a major advance last week. But it was a hard-won […]

European Central Bank Calls for DLT Post-Trade Interoperability

European Central Bank Calls for DLT Post-Trade Interoperability

Researchers at the European Central Bank (ECB) have published a new research report on the impact of distributed ledger technology (DLT) on the harmonization of post-trade settlement systems. Released by the Advisory Group on Market Infrastructures for Securities and Collateral late last week, the 134-page report examines the technology’s possible effect on a variety of services that […]