Tag Archives: Blockchain

No More Cooked Blocks – Mainstream Auditors Enter the Fray

According to the Wall Street Journal, the firm will start auditing various companies’ Blockchain systems. The accounting giants will be able to facilitate the launch of Blockchain services and then
monitor transactions validated by distributed ledger technology (DLT). The mechanics is pretty simple. As a company’s Blockchain processes and stores transactions, PwC will also record each
transaction allowing its clients to view and test transactions. Continue reading No More Cooked Blocks – Mainstream Auditors Enter the Fray

14 Thai Banks Back Blockchain Platform

Fourteen Thai banks have joined forces to create the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain platform, Thailand’s central bank
announced on Monday. The country’s top banks – Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornbank – will all participate in the initiative, which utilizes the Linux Foundation’s
Hyperledger Fabric as a technology platform. Continue reading 14 Thai Banks Back Blockchain Platform

200 ICOs Waiting To Launch On New Blockchain Exchange

Gibraltar has already attracted “200” prospective ICOs ahead of the planned launch of its Gibraltar Blockchain Exchange (GBX), an official announced March 20. Speaking to Financial Times, GBX chief
executive Nick Cowan said that companies have shown huge interest in launching token sales under the British Overseas Territory’s band-new regulated ICO environment. “GBX has to date been approached by up to 200 applicants seeking to launch their ICO through the Gibraltar Blockchain Exchange,” he said. Continue reading 200 ICOs Waiting To Launch On New Blockchain Exchange

US Federal Trade Commission Creates Blockchain Working Group

The US Federal Trade Commission (FTC) has created a Blockchain Working Group to identify and target fraudulent schemes which affect the FTC’s consumer protection and competition missions, according to a blog post published on the agency’s website March 16. Continue reading US Federal Trade Commission Creates Blockchain Working Group

Bitfury Gains Government Approval For $35 Mln Norway Datacenter

Blockchain technology company Bitfury announced it will open an “energy efficient” datacenter in Norway March 20 in a deal with the blessing of the government. In a blog post, the business confirmed it would open two sites around the town of Mo i Rana, investing 274 million kronor ($35 mln) in infrastructure and hiring 30 employees. Continue reading Bitfury Gains Government Approval For $35 Mln Norway Datacenter