Global: 62% of Auto Execs Believe Blockchain Will Disrupt Industry within 3 Years

CCN
The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate...

South Korea: Samsung Could Be Developing Its own Blockchain Phone

TNW
There might be another name joining HTC and Sirin Labs as makers of blockchain smartphones, and it’s one of the world’s largest phone manufacturers, Samsung. Earlier this week, Samsung submitted three European trademark requests for blockchain-based smartphone features, spotted by Galaxy Club. The three...

US: Exploring the Chances of a Facebook Cryptocurrency

The past few days has seen several publications and crypto enthusiasts notice that the popular social media giant of facebook has advertised 5 job vacancies related to blockchain technology. The open positions are all based in the company’s headquarters of Menlo...

Global: Mastercard Applies For New Patent for Anonymous Blockchain Transactions

CCN
Mastercard, the company who have gone through the entire process of laughing, fighting, and then embracing Bitcoin (and then attacking it again), have applied for another new patent in the blockchain space. Their last one was in regards to — we’re not making this...

South Korean: South Korean Bank Wants to Use Blockchain to Reduce Human Error

TNW
South Korea‘s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions. The bank purportedly implemented this system at...

Global: IBM and Abu Dhabi National Oil Company (ADNOC) Successful in Blockchain Supply Chain...

With the recent announcement of the near abandonment of the Organisation of the Petroleum Exporting Countries (OPEC), the major oil producers are already reeling. What has hardly helped matters is the crashing oil prices. In such a milieu these nations have...

US:US Congressman is Working On a Bill To Exempt ICOs and Cryptos From Securities...

United States Congressman Warren Davidson from Ohio has announced plans of introducing legislation that will regulate ICOs (Initial Coin Offerings) and cryptocurrencies as a different asset class thus exempting them from current securities laws. Mr. Davidson represents Ohio’s 8th...

Global: How GG World Lottery Brings Transparency to Global and National Lotteries

NEWSBTC
In 2017 alone, the global lottery industry saw upwards of $273 billion in revenue, generated through ticket sales. It’s undoubtedly a tremendous market but a far cry from what it could potentially be. GG World Lottery and the Current...

South America: Blockchain Comes to Latin America Through Partnership of Major Banks

Countries in Latin America will be able to experience the benefits of blockchain for themselves thanks to a collaboration between Itaú Unibanco and Standard Chartered. Blockchain’s allure continues to grow. It is being used in a range of various industries...

China: China’s Huawei Cloud Launches Blockchain Service

Huawei Cloud, a global provider of information and communications technology (ICT) infrastructure and smart devices, announced on Thursday it officially launched its Blockchain Service (BCS) for global use earlier this month, after launching the service for commercial use in China earlier this...

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Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...