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UK Ministry of Justice explores DLT potential to secure digital evidence

The U.K. Ministry of Justice is exploring how it can use blockchain technology to secure digital evidence, CoinDesk reported. Deputy director Balaji Anbil said that the objective is to use the technology to simplify...

Technology
Universal Protocol Alliance: Blockchain at Berkeley, Uphold, Brave, and Cred team up to enable interoperability of digital assets

Leading blockchain and cryptocurrency organizations have teamed up for a new initiative Universal Protocol Alliance to help distributed ledger technology and cryptocurrencies achieve mainstream adoption. As...

Technology
Kenya mulls to tap blockchain technology for elections

Kenyas electoral agency is seeking to tap into blockchain potential to offer real-time results, according to Bloomberg. The Independent Electoral and Boundaries Commission (IEBC) Chairman Wafula Chebukati told the media...

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World Bank to settle A$100M blockchain bond this month

The International Bank for Reconstruction and Development (IBRD), or the World Bank, is going to settle a blockchain-based bond worth A$100 million (US$73.16) million on August 28, Reuters reported. Earlier this month,...

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Bank of Thailand taps R3’s Corda DLT platform for wholesale central bank digital currency

The Bank of Thailand (BOT) has announced that it is developing a wholesale central bank digital currency (wholesale CBDC) using R3s Corda platform. The central bank has officially unveiled Project Inthanon aimed at...

Technology
National Research Council of Canada launches Ethereum blockchain explorer

The National Research Council of Canada (NRC) has officially announced the launch of a new blockchain explorer. The Ethereum-based blockchain explorer has been developed by Bitaccess using the Catena Blockchain Suite,...

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RiskBlock Alliance picks EY as blockchain security and risk services provider

The Institutes RiskBlock Alliance, a blockchain consortium for the risk management and insurance industry, has announced EY as the primary service provider for blockchain-specific cybersecurity and risk management...

Technology
Four telecom giants team up to trial blockchain

Telecom giants CBCcom, PCCW Global, Sparkle and Tata Communications are teaming up for a Proof of Concept (PoC) aimed at demonstrating fast commercial interactions and settlements using blockchain technologies. The PoC...

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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...

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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...

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