Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products

Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16. Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car manufacturer. SEAT’s turnover reportedly reached a record figure of 9.552 billion…

You Can Now Buy Bitcoin at Some Grocery Stores in the US

You Can Now Buy Bitcoin at Some Grocery Stores in the US The crypto curious will soon be able to dip their toes into bitcoin while grocery shopping. Bitcoin ATM company Coinme is partnering with coins-to-cash converter Coinstar to allow bitcoin purchases through Coinstar kiosks in a number of U.S. states, the companies announced Thursday. At launch,…

MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’ A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is being funded by Distributed Technologies Research (DTR) — a non-profit organization based in Switzerland,…

WWF Launches Blockchain Tool to Track Food Along Supply Chain

WWF Launches Blockchain Tool to Track Food Along Supply Chain World Wildlife Fund-Australia (WWF-Australia) has announced the launch of a supply chain tool that uses blockchain to allow businesses and consumers to track food items, according to a tweet today, Jan. 17. The platform, dubbed OpenSC, is the product of a partnership between WWF-Australia and BCG Digital Ventures (BCGDV) — the global corporate…

Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients

Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. Following a successful pilot of its blockchain-powered eB/Ls platform that lasted for over a year,…

University of Bahrain Will Issue Diplomas on the Blockchain Employing Blockcerts

University of Bahrain Will Issue Diplomas on the Blockchain Employing Blockcerts The University of Bahrain will issue diplomas on the blockchain, English-language local media Trade Arabia reports on Jan. 13. According to the aforementioned article, the university employs the Blockcerts open standard in partnership with Learning Machine, a startup providing a system to issue verifiable official records using a blockchain-anchored…

NASA Publishes Proposal for Air Traffic Management Blockchain Based on HyperLedger

NASA Publishes Proposal for Air Traffic Management Blockchain Based on HyperLedger The United States National Aeronautics and Space Administration (NASA) has proposed an air traffic management blockchain, according to a paper publishedon the agency’s official website on Jan. 10. The proposed system would employ an open-source permissioned blockchain to enable secure, private and anonymous communication with air traffic services. The document…

India: Central Bank Report States Crypto Does Not Threaten Financial Stability

India: Central Bank Report States Crypto Does Not Threaten Financial Stability The Reserve Bank of India (RBI) has stated that cryptocurrencies currently pose no threat to financial stability in its recent financial report, published Dec. 28. The document entitled “Report on Trend and Progress of Banking in India 2017-18” reads: “[C]rypto-assets do not pose risks to global financial stability currently. The…

South African Government Establishes Crypto Assets Regulatory Working Group

South African Government Establishes Crypto Assets Regulatory Working Group A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2. Tito Mboweni — the South African finance minister — declared: “It is anticipated that, following broad industry comment and participation, the crypto assets…

Fortnite Merchandise Store Starts ’Exclusively’ Accepting Monero as Payment Method

Fortnite Merchandise Store Starts ’Exclusively’ Accepting Monero as Payment Method Retail Row, the merchandise store for the online video game Fortnite, has started “exclusively” accepting Monero (XMR) as a cryptocurrency payment option, Monero tweeted Jan. 1. Fortnite is an online video game released in July 2017 and developed by Epic Games, which reportedly accounts for more than 125 million…

Corporate Blockchain Adoption Reaches 44%, Says Survey

Corporate Blockchain Adoption Reaches 44%, Says Survey Indian telecoms giant Tata Communications named the key barriers to blockchainadoption for businesses globally, in a survey published Dec. 12. Part of a survey on emerging sectors — dubbed ‘The Cycle of Progress’ — Tata’s report noted concerns around costs, security and privacy as the “key adoption barriers for business decision makers”…

Litecoin Foundation to Sponsor UFC Title Fight in Bid to Increase Crypto Adoption

Litecoin Foundation to Sponsor UFC Title Fight in Bid to Increase Crypto Adoption The Litecoin Foundation will sponsor an event of the Ultimate Fighting Championship (UFC) mixed martial arts organization, according to an announcement published Dec. 26. In the statement, the foundation said that it has become the “Official Cryptocurrency Partner” of the UFC light heavyweight title fight between…