UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan By Cointelegraph


© Reuters. UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace the journey of beef from Kansas to Japan, the firm announced on Nov. 11.

As announced by UPS, the jointly-delivered shipment involved a blockchain partner network developed by HerdX. Meanwhile, UPS provided its visibility tool that integrates with HerdX’s blockchain technology and records live updates, registering details throughout the journey.

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Huobi Chain Blockchain Completes Planned Open Source Developer Rollout By Cointelegraph


Huobi Chain Blockchain Completes Planned Open Source Developer Rollout

Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed.

In a press release shared with Cointelegraph on Nov. 12, Huobi said that Huobi Chain, which it unveiled in June, was now available to any GitHub developer.

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Police Arrest Founder of Blockchain Startup That Raised Over $80M By Cointelegraph


Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M

Dutch police have arrested the founder of blockchain game development startup Komodore64 that allegedly raised 78 million euros ($86 million) from investors, business-focused news outlet Sprout reported on Nov.

Komodore64 — which launched in June with the objective to create a game platform where transactions are tracked on blockchain — appeared to be a fraudulent scheme that deceived both investors and its own employees. The project and its native crypto coin K64, which have reportedly secured roughly $86 million in investments, have declared bankruptcy.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot By Cointelegraph


Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine.

The development is unsurprising given that at the end of October SAFE deputy head Lu Lei said that there are plans to use blockchain and AI in cross border financing with particular attention devoted to risk management applications.

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Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret By Cointelegraph


Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret

When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines have revolutionized warfare, and so have missiles and nuclear weapons — but shared digital ledgers?

Former NATO Secretary General Anders Fogh Rasmussen, for one, told Cointelegraph that he agrees with India’s minister when he was asked about blockchain’s possible military uses:

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How Will China Pursue Xi Jinping’s Blockchain Adoption Plan? By Cointelegraph


How Will China Pursue Xi Jinping’s Blockchain Adoption Plan?

After President Xi Jinping called to speed up the development of blockchain technology in the country on Oct. 24, blockchain-related news from China just keeps on coming as the country is seemingly eager to beat the United States (or any other country) in the race to implement blockchain initiatives. For this purpose, a special regulatory body has been created to monitor over 700 local decentralized projects, and any articles containing anti-blockchain statements are now banned.

The country’s authorities have studied the possibilities of distributed ledger technology for some time. However, at the beginning of last week, the blockchain policy in China took a more aggressive course. During a Politburo Standing Committee session, the head of state called on government institutions to immediately begin implementing a program to integrate blockchain into the country’s economy and its IT sector.

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WEF’s Mining Blockchain Initiative Aims for ‘Industry-Wide Trust’ By Cointelegraph


WEF’s Mining Blockchain Initiative Aims for ‘Industry-Wide Trust’

Last week, the World Economic Forum teamed up with seven major mining and metals firms to develop responsible sourcing and sustainability practices using blockchain.

Specifically, the “Mining and Metals Blockchain Initiative” will include building an inclusive blockchain platform, which will ostensibly help to increase “transparency, efficiency or improve reporting of carbon emissions” across the industry. So, is blockchain a truly good fit for mined resources?

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10th-Largest Indian State to Release Policy for Blockchain and AI By Cointelegraph


10th-Largest Indian State to Release Policy for Blockchain and AI

The Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence (AI).

On Oct. 31, local news outlet The Times of India reported that Tamil Nadu, the 10th-largest state in India, is working on separate policies for blockchain and AI which could be released as soon as the next 10 days.

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Australian Stock Exchange Wants Oversight of Blockchain Trading System By Cointelegraph


Australian Stock Exchange Wants Oversight of Blockchain Trading System

The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities.

Reuters reported on Oct. 30 that stock exchange Chi-X Australia is concerned that a new blockchain system implemented by the Australian Securities Exchange (ASX) — Chi-X Australia’s sole competitor — could present an unfair advantage.

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Deloitte Integrates QEDIT’s Privacy Tech Into Its Blockchain Platform By Cointelegraph


Deloitte Integrates QEDIT’s Privacy Tech Into Its Blockchain Platform

Big four auditing firm Deloitte integrated the privacy developed by cryptography startup QEDIT into its qualification information blockchain platform Eduscrypt, a press release shared with Cointelegraph on Oct. 29 reveals.

Per the release, the announcement was made at the ZKProof Community Event in Amsterdam today.

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