🗞 Trump White House Doubles Down on US Commitment to Blockchain
"With artificial intelligence and blockchain, the [White House] is exploring a whole range of forward-leaning capabilities that might be helpful to government," Margie Graves, acting federal chief information officer at the Office of Management and Budget (OMB), said at the event.
Read more & Source: https://www.coindesk.com/trump-white-house-doubles-us-commitment-blockchain/
🗞 Korean Media Giant Buys 65% Of Bitcoin Exchange Korbit For $80 mln
Korea’s second largest cryptocurrency exchange Korbit has sold to media giant NXC for up to $80 mln.
NXC, which owns online games platform Nexon, has now confirmed the deal which local media previously reported on earlier this week.
“NXC has been reviewing and investing in startups with digital idea and technology and this investment was made with our positive view on the growth cryptocurrency industry,”
Read more & Source: https://cointelegraph.com/news/korean-media-giant-buys-65-of-bitcoin-exchange-korbit-for-80-mln
🗞 In Bitcoin Testbed Venezuela, 1 Bolivar Now Equals 1 Satoshi
Venezuela’s Bolivar (VEF) is now worth just one satoshi as hyperinflation takes an ever deeper hold in the struggling country.
The latest ‘exchange rate’ stems from listings for p2p trading platform LocalBitcoins Thursday, uploaded to Reddit by eagle-eyed community members.
Read more & Source: https://cointelegraph.com/news/in-bitcoin-testbed-venezuela-1-bolivar-now-equals-1-satoshi
🗞 Nasdaq Teams with SEB for Blockchain Mutual Fund Trading Trial
Nasdaq and Sweden's SEB bank are partnering to trial blockchain for mutual fund trading.
Focusing on the Swedish market, the distributed ledger platform aims to allow participants to trade in real time, thereby simplifying the market's complex, often paper-based transactions.
Read more & Source : https://www.coindesk.com/nasdaq-teams-with-seb-for-blockchain-mutual-fund-trading-trial/
🗞 Blockchain Powers Shift To Decentralization In Media
There are some notable examples of projects that seek to build a working decentralized social environment using Blockchain-powered solution. Some of them are already operational, while others are still under development or seeking funding through ICO’s and token sales.
One of the most remarkable examples in this area is Steemit, which has been operational for more than a year. It is a system built around community-driven posting, evaluation, and curation of content, based on the Steem Blockchain.
Read more & Source: https://cointelegraph.com/news/blockchain-powers-shift-to-decentralization-in-media
🗞 Hyperledger Blockchain ‘Shadows’ Canadian Bank’s International Payments
The Royal Bank of Canada (RBC) is using Blockchain-based Hyperledger for its US - Canada interbank settlements.
In exclusive comments to Reuters Thursday, Executive Vice President for Innovation and Technology Martin Wildberger said the technology had been “shadowing” the bank’s legacy transaction monitoring ledger for “several weeks.”
Read more & Source: https://cointelegraph.com/news/hyperledger-blockchain-shadows-canadian-banks-international-payments
