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Indian IT Giant Tech Mahindra Launches Blockchain Platform to Protect Content Creators from Piracy

Tech Mahindra, an Indian multinational company providing information technology services and business process outsourcing to companies, has launched a distributed ledger technology (DLT) solution called the Blockchain Based Contracts and Rights Management System (bCRMS). The solution is powered by IBM’s Hyperledger-based blockchain network and is designed to protect the intellectual property of content creators, make

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Data Suggests Crypto Trading Volume Declined by Almost 50% in June 2020

Gold Coin Falling down a red Arrow

Trading Volume on cryptocurrency exchanges suffered a massive decline in June 2020, with the spot trading volume being the worst hit.  Crypto Spot Trading Volume Shrank in June Amid DEX ATH According to figures published by cryptocurrency data analytics provider CryptoCompare, crypto exchanges saw a significant decline in trading volume in June. Crypto spot volume

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DeFi Boom Almost Doubles Ethereum Active dApp Users in Q2 2020, Report Says

DeFi in Early Stages of Growth and Development, Yet the Potential is Glaringly Obvious

Dapp.com, a leading decentralized application (dApp) analytics platform, has released its Q2 2020 Dapp Market Report showing the big winners and losers in the world of decentralized finance (DeFi). Brave Browser’s Basic Attention Token (BAT) is the most used token in DeFi, while Ethereum attracted the highest number of dApp users in Q2, 2020. The

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Crypto Firms Turn to Government Loans as Pandemic Strikes, Critics Not Pleased

Documents this week showed billion-dollar crypto firms, the likes of ConsenSys, CipherTrace, Bittrex, and Tron, applied for public loans in the U.S. to protect against capital erosion. However, critics aren’t pleased. The Anti-Government Government Club Over 75 companies in the blockchain and cryptocurrency space – from sub-sectors like exchanges, general services, wallets, and security –

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Leading Steel Company Adopts VeChain-Powered Infection Risk Management Solution

Luxembourg City-headquartered steel manufacturing firm ArcelorSteel has adopted VeChain-powered My Care solution to mitigate the risk of COVID-19 infection at the workplace, DNV GL tweeted recently. ArcelorSteel to Use My Care to Maintain Workplace Safety Leading steel manufacturing firm ArcelorSteel is implementing the My Care application to manage COVID-19 associated infectious risk. Specifically, the firm

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UK Regulator Approves Kraken-Owned Cryptocurrency Derivatives Platform

Crypto exchange Kraken’s UK-based subsidiary – Crypto Facilities – has bagged the coveted Multilateral Trading Facility (MTF) license from the UK financial watchdog, the Financial Conduct Authority (FCA). First Crypto Firm to Obtain the MTF License In a first, Crypto Facilities, also known as Kraken Futures, a subsidiary of one of Europe’s largest cryptocurrency exchanges

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Afghan Government to Use Blockchain in Fighting Fake Drugs, Here’s How

Afhgani Building Wrapped in Blockchains

Blockchain startup Fantom has partnered with the Afghanistan Ministry of Health and major pharmaceuticals in the country to leverage distributed ledger technology (DLT) in the fight against counterfeit medical products.  Fantom Smart Medicine to Improve Afghan Health Sector According to a blog post published by the Fantom Foundation on Monday (July 6, 2020), the blockchain

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Chinese Courts Tap Blockchain Technology to Monitor Sealed Properties

China Hammer Law Blue Gold Red

The Executive Bureau of the People’s Court in the Haidian District of Beijing has used a blockchain-based electronic seal to secure a building in Chaoyang district from unauthorized access. The electronic seal sends notifications to the relevant authorities in real-time whenever there’s illegal access to a sealed property, reports Global Times on July 5, 2020.

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Expedia Teams up with Travala to Bring Crypto Payments to 700k Hotel Bookings

Travel booking giant Expedia partnered with crypto-travel platform Travala.com today, allowing users to book over 700,000 accommodations with Bitcoin and other cryptocurrencies. Pay with BTC, ETH, XRP, others  As per a press release, the billion-dollar valued American firm will partner with Australia’s Travala to bolster crypto payments across its hotel booking verticals.  Expedia Group is

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Binance Smart Chain to Activate Chapel Testnet, Rialto to Be Destroyed

In a bid to launch a decentralized chain that is fully compatible with Ethereum running in parallel with the Binance Chain, Binance has today announced the Chapel test network for the Binance Smart Chain (BSC) to replace Rialto, a testnet which was launched in May as per July 6, 2020 update. The Chapel Test Network to Replace

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