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Liechtenstein’s Union Bank AG to issue security tokens and stable coin

Liechtensteins Union Bank AG last week announced plans to issue its own security tokens in alignment with the countrys regulatory authority FMA. This will be closely followed by its Union Bank Payment Coin a stable coin...

Technology
MetLife trials blockchain-based automated health insurance solution

LumenLab, MetLife Asias Singapore-based innovation center, is testing a blockchain-based automated insurance solution. Called Vitana, it is the first health insurance product using blockchain technology to trigger an...

Technology
Shanghai Stock Exchange and insurance industry players partner to tap blockchain potential

The Shanghai Stock Exchange (SSE), the fourth largest stock exchange in the world by market cap, is seeking to bring blockchain technology to the insurance and pension industries, CoinTelegraph reported referring to report...

Technology
Hyundai-backed Hdac Technology signs MOU with blockchain real estate startup DREAMChain

Hdac Technology AG, a blockchain-based IoT contract platform backed by Hyundai, has signed a memorandum of understanding (MOU) with Dream Global Partners, establishing the foundation of a comprehensive collaborative...

Technology
U.S. Customs and Border Protection to trial blockchain technology

The U.S. Customs and Border Protection (CBP) is going to test blockchain potential in verifying North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates, American Shipper...

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South Korea’s Chuncheon city partners with blockchain startup Swytch to reduce carbon footprint

Chuncheon, the capital of Gangwon Province in South Korea, is collaborating with Austin-based blockchain startup Swytch to reduce carbon emissions and drive economic and environmental sustainability in the city. Founded...

Technology
Digital Currency and Blockchain Weekly Round-up – August 17th, 2018

South Korea to raise investment in big data, blockchain and sharing economy to over 1 trillion won in 2019 The South Korean government has announced its big investment plans for blockchain and other cutting-edge...

Technology
Chinese online retail giant JD.com launches blockchain platform for enterprise customers

Chinese ecommerce giant JD.com today announced the launch of a new blockchain platform that will cater to enterprise customers. Dubbed JD Blockchain Open Platform, the platform will enable enterprise customers to build,...

Technology
China UnionPay, Bank of China partner to explore blockchain and big data

​Bank of China (BOC), a leading state-owned commercial bank in China, is partnering with financial services corporation China UnionPay (CUP) to joint explore blockchain technology and big data for applications in payment...

Technology
BMO, Ontario Teachers' Pension Plan pilot blockchain technology for fixed income issuance transaction

BMO Capital Markets, the investment banking subsidiary of Canadian Bank of Montreal, is working on a blockchain pilot together with leading pension fund investor Ontario Teachers Pension Plan. The pilot involved...

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