PBoC’s 5-year development plan highlights focus on blockchain innovation – Report

The People's Bank of China (PBoC) has recently released the details on its upcoming five-year development plan for the country’s financial sector. The PBoC, in particular, aims to encourage the active development of innovative technologies including blockchain and artificial intelligence (AI), CoinDesk reported. In addition, it also intends to strengthen the research on fintech applications in regulations, cloud computing, and big data.

US Navy to explore blockchain potential in 3-D printing

The Naval Innovation Advisory Council, the innovation arm of the United States Navy, is going to conduct a number of experiments to explore blockchain potential in Additive Manufacturing (AM), commonly known as ‘3-D printing’. In an online post, LCDR Jon McCarter, a member of the FY17 SECNAV NIAC, said that the technology underpinning the cryptocurrency Bitcoin, could revolutionize Naval Additive Manufacturing, finance, and logistics writ large, among others.

New Shenzhen-based research lab to combat fraud using blockchain and AI

A number of Chinese universities and think tanks came together on Monday, June 26, to establish a research lab in Shenzhen to focus on blockchain, artificial intelligence (AI), big data, and other cutting-edge technologies. The initiative is being supported by the Chinese Academy of Sciences, the Shenzhen Institutes of Advanced Technology and Zhaolian Finance, CoinDesk reported.

Telangana and Andhra Pradesh spearhead blockchain adoption in India – Report

A number of Indian states are ramping up efforts to bring blockchain technology to e-governance, The Economic Times reported. According to the report, Telangana and Andhra Pradesh are leading the race to adopt blockchain, while efforts are also made by the state governments in Karnataka, Gujarat, and Maharashtra. The state governments are reaching out to blockchain startups in order to protect their data from cyber-attacks.

Ukraine to trial blockchain-based land registry system in October

The government of Ukraine has announced its plans to test blockchain implementation in the land registry system. As reported by Interfax-Ukraine, the pilot project is expected to be launched in October. The announcement was made at a government meeting held last week. Maksym Martyniuk, First Deputy Agricultural Policy and Food Minister, said that the project aims to digitize auctions for leasing state land.

Conferences/ Events:

U.S. government to host inter-agency blockchain forum on July 18

Industry experts to discuss blockchain and object capabilities at The Next Frontier Symposium

Blockchain Live announces block.one as headline sponsor

Switzerland holds ‘Blockchain Competition 2017’ in Crypto Valley, invites applications

Research studies

World Economic Forum calls for multi-stakeholder consensus on blockchain technology

Consortium News, Partnerships and More:

Blockchain ad network AdEx partners with video entertainment publisher Stremio

R3 tests Euro Commercial Paper issuance on Corda DLT platform with member banks

NEM.io Foundation teams up with Blockchain Global to drive global expansion

Hyperledger Fabric publishes first release candidate of v1.0.0

European banks select IBM to build blockchain trade finance platform for SMEs

Digital Currency and Blockchain Initiatives:

SBI Remit, SCB and Ripple launch blockchain cross-border remittance payments

LG CNS taps blockchain for digital finance business

Nvidia to launch graphic cards for cryptocurrency mining

Port of Antwerp runs blockchain pilot for efficient container handling

Daimler AG and LBBW jointly utilize blockchain for financial transaction

Intuit QuickBooks integrates blockchain payment platform Veem for cross-border payments

Hospitality Financial and Technology Professionals to form Blockchain Technology Task Force

BTCC to launch new cryptocurrency exchange ‘BTCC DAX’ with support for Ethereum Classic

AEON Financial Service and IBM Japan to develop blockchain-based financial platform for Asian Market


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