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Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.

AICPA Publishes a Practice Aid for Digital Assets

AICPA Publishes a Practice Aid for Digital Assets

The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem as it has availed a practice aid to help in crypto accountancy. The practice aid is founded on professional experience and literature from members of the Digital Assets Working Group.

What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook

What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook

Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars, a leading Swedish car manufacturer, has invested in Circulor, a London-based blockchain company majoring in industrial supply chains. It sealed the deal through its venture capital investment arm called the Volvo Cars Tech Fund.

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Exclusive: Neo Founder and Onchain CEO Da Hongfei on the Future of the Digital Economy with Blockchain

Blockchain.News interviewed Da Hongfei, the founder of the Neo blockchain, to understand more about the development of blockchain in China.

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.

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