Korea Customs Service to tap blockchain technology to prevent fraud and smuggling
Mar 08, 2018 03:59 am UTC| Digital Currency
The Korea Customs Service is looking to tap into the potential of cutting-edge technologies such as artificial intelligence (AI), big data, and blockchain in order to improve its customs administration, The Korea Herald...
Bloxian Technology teams up with R3 to develop solutions on Corda blockchain platform
Mar 08, 2018 03:10 am UTC| Digital Currency
Bloxian Technology, an Australian firm aiming to connect enterprises to blockchain, is teaming up with R3 to develop innovative products and solutions for commerce on its Corda blockchain platform. Founded in 2017,...
French multinational Carrefour launches blockchain solution for food traceability
Mar 07, 2018 11:07 am UTC| Digital Currency
French multinational retailer Carrefour has announced the launch of, what it claims, Europes first food blockchain. According to the official release, the blockchain solution is already being used for free-range...
Ripple and Japanese banks develop blockchain-powered payments app ‘MoneyTap’
Mar 07, 2018 10:17 am UTC| Digital Currency
Blockchain startup Ripple is working with a number of Japanese banks to develop a smartphone application that will enable customers to settle transactions instantly, at any time. Called MoneyTap, the mobile app is...

FxWirePro: ETH/USD breaches 100-DMA support, good to go short on rallies
Mar 07, 2018 09:28 am UTC| Digital Currency
ETH/USD is trading lower on Wednesday as it broke below 100-DMA support. It is currently trading at 781 levels at the time of writing (Kraken). On the upside, the pair faces resistance at 810 (1h 20-SMA) and a break...
Venezuela’s Asamblea Nacional declares petro cryptocurrency unconstitutional
Mar 07, 2018 08:33 am UTC| Digital Currency
Asamblea Nacional, a Venezuelan lawmaking body, has declared that the issuance of petro cryptocurrency is unconstitutional. President Nicolas Maduro announced plans to launch a cryptocurrency in late 2017. The pre-sale...

BoA Merrill Lynch and Microsoft enter into pact as to prove how blockchain can revamp trade finance
Mar 07, 2018 07:02 am UTC| Digital Currency Research & Analysis Insights & Views Fintech
Lets just glance through above diagram to know the basic understanding of export lifecycle before we head towards the core part of this write-up. Right from the process of execution of sale deed through shipment,...