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Blockchain is spreading – let’s get that right. With each day passed, more and more companies are becoming interested in the technology, and we discover more and more practical uses. Just look around, and you will see that all of the major events in the world of blockchain are revolving around London. All of the…
According to an official statement from the Russian State Pension Fund (PFR), the organization is looking to go blockchain when it comes to the employment contracts within the structure. The idea behind this is to use smart contracts as a bridge between employees and employers. This is a very logical move as the PRF is…
China’s relationship with blockchain and cryptocurrencies is still not very positive, however, a big progress has been made recently with the Chinese government investing in different blockchain technologies for various purposes. However, there is another strike coming for all the blockchain users in the country. Namely, China’s central government is working on a new regulation…
Thai government decided to start testing blockchain technology in order to prevent any tax fraud through VAT claims. As reported by the Bangkok Post the governing body i.e. the Revenue Department is looking to employ blockchain in order to track VAT payments. In the official statement, they are hoping that Thailand will become the first…
Blockchain for Europe is the name of the new blockchain organization formed by four blockchain companies: Ripple, Fetch.AI, NEM and Emugo/Carando. The goal of the new organization is to familiarize and explore the potential of blockchain for usage within the european Union. The organization hosted a summit in November, on which stakeholders from different industries…
For the people who do not fully understand cryptocurrencies and how they work, they are somewhat of a mystic dodgy world through which illegal activities are carried out. However, if you are familiar with crypto you surely know that they are 100% legitimate and that even they are a subject to tax. Regardless of the…
There has been a lot of criticism going to Ticketsmaster recently due to many fans not being able to get tickets as they would sell out immediately and then appear on licensed resale sites. The situation escalated to the extent where performers would ask the holders of the tickets to go to the doors with…
Gary Cohn, the former economic adviser in the White House who left Trump’s administration in March is getting involved in blockchain. Spring Labs, a company that uses blockchain to store and share credit data between banks will welcome Cohn as their new adviser. It is reported that the former White House adviser is very interested…
Last Friday, the Supreme Court of China ruled that digital evidence which is of relevance to a legal dispute that has been stored and authenticated by blockchain technology will now be accepted as a valid evidence in court. The new court decision has been made effective immediately. The Internet court in China are now legally…
One of the biggest cryptocurrency trading platforms, Bittrex is de-listing Bitcoin Gold due to the recent hacking attack that caused the exchange to lose over half a million USD according to some sources. The hacking attack didn’t involve Bittrex only, but also several other exchanges, with a reported total of $18 million in Bitcoin Gold…
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