Chevron and Shell have successfully digitalized industry balloting using the blockchain

Chevron and Shell have successfully digitalized industry balloting using the blockchain

Chevron and Shell, the heavy hitters of the group of 10 major global oil and gas firm have successfully digitalized industry balloting using the blockchain. A blog reported that the OOC (Oil & gas blockchain consortium) guided a blockchain-based system for Authorization for Expenditure (AFE) balloting in partnership with Canadian technology provider Guild one successfully. On Dec 18th an announcement […]

United States Securities Exchange Commission (SEC) published companies waiting to meet full public reporting requirements

United States Securities Exchange Commission (SEC) published companies waiting to meet full public reporting requirements

The United States Securities Exchange Commission (SEC) has published that it is looking for different ways to spread the classification of “accredited investor,” with powerful major implications for capital formation of companies waiting to meet full public reporting requirements. The amendments and who gets to be accredited The regulator is searching for public commentary on amendments to its category of […]

Zero-Knowledge Proof (ZKP) blockchain by British auditing giant

Zero-Knowledge Proof (ZKP) blockchain by British auditing giant

EY, British auditing giant has discharge a new iteration of its Zero-Knowledge Proof (ZKP) blockchain, that intends to cut transaction costs by ninety percent. A Zero-Knowledge Proof is a digital protocol that allows information to be shared between the two participants without making use of any associated information or a password in the transaction. EY discharged its third-generation Zero-Knowledge Proof […]

President of Iran has proposed to make a Muslim crypto as one of a number of means to confront the economic dominance of the U.S.

President of Iran has proposed to make a Muslim crypto as one of a number of means to confront the economic dominance of the U.S.

According to a report by the Associated Press(AP),Hassan Rouhani, Iranian President, commenting at an Islamic conference in Malaysia on December 19, summoned Muslim nations to encourage monetary and trade cooperation and to cut their dependence on United States dollar. New Muslim cryptocurrency to confront “United States economic hegemony” As Rouhani proved that United States economic sanctions are the “prime tools […]

Australia’s Minister for Broadband advisory board for an insurance-focused blockchain firm.

Australia’s Minister for Broadband advisory board for an insurance-focused blockchain firm.

The former Australia’s Minister for Broadband, Communications and the Digital Economy is now chairman of the advisory board for an insurance-focused blockchain firm. Day by Day is centered on the making of a blockchain-based asset registry management podium which intends to innovate insurance inventories and to accelerate the progress of claims in the industry. According to a Decemner 18 report […]

Solarisbank the Berlin-based fintech company has set up a subsidiary to supply a custody solution for digital assets.

Solarisbank the Berlin-based fintech company has set up a subsidiary to supply a custody solution for digital assets.

SolarisBank’s fleshly established subsidiary, solaris Digital Assets GmbH that can offer customers with an application programming interface (API)-accessible platform which supplies access to the complete range of solarisBank’s digital white-label banking services according to an announcement on December 11. No need to apply for a license The announcement farther reads that solaris Digital Assets can operate in compliance with the […]

Deceitful initial coin offering (ICO) charged by SEC

Deceitful initial coin offering (ICO) charged by SEC

The U. S Securities and Exchange Commission (SEC) has charged the founder Shopin, Eran Eyal, with orchestrating a deceitful initial coin offering (ICO). According to a press release on December 11, the Securities and Exchange Commission alleged that the entrepreneur and his company swindled hundreds of investors in an Initial Coin Offering that raised more than 42 million dollars from […]

Bakkt has introduced the first regulated Bitcoin (BTC) options

Bakkt has introduced the first regulated Bitcoin (BTC) options

Bakkt, the InterContinental Exchange (ICE)’s digital asset platform has introduced the first regulated Bitcoin (BTC) options and cash-settled futures in the United States. Bakkt is currently utilizing its physically settled Bitcoin contracts as a benchmark to create complementary products, according to an announcement on December 9. Bakkt’s monthly finance will be a benchmark for other new products. Bakkt COO Adam […]

Bank of China has purportedly issues twenty billion yuan( 2.8 billion dollars) on a blockchain

Bank of China has purportedly issues twenty billion yuan( 2.8 billion dollars) on a blockchain

Blockchain technology adoption rate in China continues to impress as the Bank of China has purportedly issues twenty billion yuan( 2.8 billion dollars) in blockchain based special monetary bonds for small and micro-enterprises. According to Sina Finance, a local news outlet, in early December the funds are explicitly used to issue loans to these Chinese small and micro-sized firms to […]