Technology

The Bank of Korea Launches Digital Currency Pilot

  • The new CBDC pilot will look into the technological and legal issues of replacing fiat cash with a digital equivalent.
  • Though still skeptical, the Bank of Korea wishes to be prepared should there be a shift in "domestic and external conditions".
South Korea's central bank. Reuters

  • The new CBDC pilot will look into the technological and legal issues of replacing fiat cash with a digital equivalent.
  • Though still skeptical, the Bank of Korea wishes to be prepared should there be a shift in "domestic and external conditions".

GrainChain to Grow on a Global Scale, Shifts to Symbiont Assembly

  • It is expected that Symbiont's Assembly will provide the much needed scalability and privacy features demanded by the modern market.
  • Recently GrainChain closed a $8.2m funding round led by Medici Ventures.
Huobi CEO Leon Li Lin. Handout

Huobi Chain Officially Available For Beta Testing

  • Huobi Chain is a high-performance DeFi chain for regulator-friendly financial entities.
  • The new chain supports high-volume transactions, user-deployed smart contracts and a big variety of cross-chain asset management services.
Bitmain Antminer S9.

Bitmain Introduces The New Antminer S19, S19 Pro Models, Shares Specs

  • The new supercomputing Antminer S19 and S19 Pro models come in two variations.
  • The new Antminers include an improved circuit architecture and new firmware.

Nornickel’s Metal Tokenization Platform Enters Testing Phase

  • Called Atomyze, the new blockchain-based platform will help Nornickel tokenize 10% of its overall sales volume.
  • Based on IBM's Hyperledger Fabric, the platform will help make the metals sales process easier and more flexible.

The National Stock Exchange of Australia to Build New DLT Platform

  • The new platform will be a joint venture between the owner of the NSE of Australia, NSX Limited, and iSignthis.
  • Called ClearPay, the platform will compete with the Australian Securities Exchange, and offer same-day delivery versus payment (DVP) settlement.

Sweden to Begin One Year Tests of its CBDC

  • Participants in the pilot project will hold their e-krona's in a digital wallet, and make payments, deposits and withdrawals through a mobile app.
  • The bank has also said that if the e-krona is ever released to the public it would not replace cash, but complement it.

QANplatform Integrates Chainlink Oracles To Interact With Off-Chain Data

  • This integration solves a serious issue, known as the “oracle problem”, because there is a lack of blockchain platforms that can interact with external data.
  • Another valuable addition that comes with the integration is the inclusion of decentralized security.

Alibaba Subsidiaries Provide Blockchain-Powered Solutions to Ease Coronavirus Panic

  • Business and local governments are working together to reduce the coronavirus epidemic with Alibaba playing the main role.
  • Many employees are encouraged to work from home as there is a risk that the epidemic may spread again after March 17.

Tael Ecosystem Obtains Medical License, Enters Vital Industry Sector

  • Tael is focused on protecting consumers in the medical industry where no fake products should be sold.
  • The Tael Ecosystem includes more than 360 technology-protected products, available in every Chinese province.

U.S. Federal Reserve Now Open To The Idea Of CBDC, Researches DLT

  • The U.S. Federal Reserve has followed the example of 80% of the world's central banks, and started researching the potential use cases o DLT.
  • The sudden change in stance is probably due to concerns over privately issued digital currencies.

Coronavirus Spread Can Be Observed Via Acoer Application, Powered by Hedera Hashgraph

  • The Coronavirus HashLog dashboard provides info on the number of confirmed cases and the deaths and recoveries per hundred infections.
  • This is a great example of how DLT technologies can serve the healthcare and public health areas.

United Arab Emirates Are Using Blockchain For Their Health Data Platform

  • Blockchains have the ability to prevent data theft, while also allowing access to essential data when necessary.
  • The UAE have implemented a blockchain solution for their health data platform, following Estonia's positive example.

TokenSoft Introduces Self-Managed Investment Accounts Platform for Security Tokens

  • The new platform will be very convenient to use and will also provide compliant security token standards.
  • With time all TokenSoft customers' security tokens will be supported with preference to issuer/investor demands.