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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.

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.

How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

Industrialization and urbanization, the very things that have been adding so much to our countries, are now killing them. The World Health Organization says that at least 4.2 million people die each year because of air pollution.

TRON Credited with Powering Record USDT Growth

TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

Coronavirus Tracking and Surveillance May Have Consequences for the Protection of Personal Data Privacy

Coronavirus Tracking and Surveillance May Have Consequences for the Protection of Personal Data Privacy

The World Health Organization (WHO) has recently stated that the coronavirus pandemic is “accelerating,” as 20% of the world’s population goes into lockdown in an attempt to curb the spread of the virus. People are told to stay at home as the world is entering a critical week, with over 381,761 cases confirmed around the world at the time of reporting.

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

The US government, through its federal agency the Food and Drug Administration (FDA) mandated with protecting the country’s food supply and public health, has earmarked blockchain as one of the technological innovations that will prompt traceability and a food safety culture.

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. With €15,000 in prizes available, blockchain experts, developers, and other tech enthusiasts will compete in a battle of innovation from September 5 to October 3, 2020.

Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?

Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?

IBM’s Rapid Supplier Connect leverages the existing IBM’s blockchain platform, Trust Your Supplier, which is a blockchain-based trusted digital identity and supplier information that simplifies the supplier onboarding and supplier management processes while reducing risks. IBM is allowing qualifying suppliers to use Rapid Supplier Connect free of charge until August 31. New York’s largest nonprofit healthcare group, Northwell Health recently joined IBM’s Rapid Supplier Connect Network, a blockchain project that aims to tackle the disrupted healthcare supply chains caused by the coronavirus pandemic.

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

The Singaporean administration teamed up with a local startup to establish a blockchain-powered digital health passport to boost medical records management.

UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

The Ministry of Health and Prevention in the UAE has launched a blockchain-based system aiming to boost productivity among health practitioners by reducing time and costs.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

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