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Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch

Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch

With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.

EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech

EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech

EOS Dublin, an EOS block producer and EOSIO blockchain developer, has partnered with ConsolFreight, a leading operator in the digitised Freight Forwarding industry. Together, they have conducted a Proof of Concept (POC) for the freight forwarding industry using blockchain. This development is hailed as the new intersection between Fintech and FreightTec

MediLiVes Healthcare Platform Launches App

MediLiVes Healthcare Platform Launches App

MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, is to launch its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering medical practitioners and patients on a single digital platform.

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

South Korean tech giant Samsung has announced a new revolutionary turnkey security solution to secure cryptocurrency transactions on its smartphones and tablets. Cryptocurrency transactions are one of the primary purposes of Samsung’s new Secure Element chip, which is expected to be available in Q3 2020. The solution involves a Secure Element (SE) chip S3FV9RR, which is Common Criteria Evaluation Assurance Level (CC EAL) 6+ certified. The new SE chip along with enhanced software is designed to offer higher protection for tasks including booting, isolated storage, mobile payment, and other applications.

Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens

Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens

A new report reveals that the CPMI will list out a criterion for the design of wholesale digital tokens in terms of their usage in whole transactions.

What Will Gary Gensler’s Confirmation to The Role of SEC Chair Mean for The Crypto Industry?

What Will Gary Gensler’s Confirmation to The Role of SEC Chair Mean for The Crypto Industry?

SEC chairman nominee Gary Gensler testified before the Senate Banking Committee as part of his confirmation hearing.

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.

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