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Indian Engineering Students Develop Blockchain-based Smart Voting System

Indian Engineering Students Develop Blockchain-based Smart Voting System

Three Computer Engineering Students have created a Blockchain-based Voting System which will allows casting of votes online, instead of the manual means of standing in a poll.

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Visa, a prominent card payment solution provider, has developed a blockchain-driven system dubbed LucidiTEE that seeks to enable multiple parties to compute large-scale private data jointly. This is touted to happen in such a way that policy compliance is guaranteed even if the input providers are offline.

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System

Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System

Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

The central bank of Brazil is looking to provide a 24-hour payment system with a speed capacity of 10 seconds via the use of mobile apps, internet banking, and ATMs. Code named PIX, it is set to directly rival the use of cryptocurrency in the country.

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.

IOTA Creates Payment System Compatible With Any App or Game

IOTA Creates Payment System Compatible With Any App or Game

A developer has revealed that IOTA, a distributed ledger protocol created by the IOTA Foundation, has been integrated into a payment system, which can be utilized in any app or game. Expressly, it functions seamlessly on all platforms, cush as Xbox one, WebAbb, Windows, Android, Playstation 4, Linux, and iOS, among others.

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.

Charles Hoskinson: Cardano’s New Voting System Will Make ADA the Most Valuable Cryptocurrency

Charles Hoskinson: Cardano’s New Voting System Will Make ADA the Most Valuable Cryptocurrency

IOHK, the blockchain engineering company behind the Cardano blockchain, will develop a voting system that will make its ecosystem hard fork resistant.

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation.

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