New Report “Bringing Blockchain Into Government” Aims to Assist Federal Government with DLT Apps

2019-6-11 20:11

Can Blockchain-Powered Apps Improve Routine Government Procedures? According to a recently published report, the Data Foundation and IT firm ‘Booz Allen Hamilton’ have put forth a number of guidelines in order to help the US Federal government implement various blockchain initiatives within its existing digital framework.

The research piece titled “Bringing Blockchain Into Government: A […].

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French Government Recommends $570 Million USD Investment In Blockchain Via Report

French Government Recommends $570 Million USD Investment In Blockchain Via Report Looks like France is set to invest in the blockchain technology soon. A new report made by the government of France has affirmed that the government should invest at least half a billion Euros (around $570 million USD) on state-level blockchain projects from 2019 […]

2018-12-14 23:59


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South Korean Government Pledges to Support Domestic Blockchain Projects

South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive growth to domestic blockchain industry.

2018-9-23 23:00


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IBM partners with Australian Gov’t to use blockchain for data security in $740 Million Deal

IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs.

2018-7-6 00:31


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South Korea legitimizes Blackheine business with major new classification standards

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps)

2018-7-5 19:23


FSA Denies Plans to Make Changes to Regulations Governing Cryptocurrency Exchanges

Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system.

2018-7-5 16:39


Used Blockchain to Rebuild Societal Trust and Saved 8 Billion, Report tell UK Governor

UK housing minister Eddie Hughes released a report into blockchain July 4, calling on the government to “show leadership” by making the technology and its benefits a priority. The report, ‘Unlocking Blockchain,’ makes several key proposals, using state projects currently underway in Estonia as the standard authorities should follow at home. “The state should focus

2018-7-4 18:26


THEKEY Enters into Cooperation with Chinese Government on Research into Social Insurance Blockchain Applications

The commercialization and application of social insurance data is facing an as yet unresolved dilemma. On one hand, social insurance data is strictly regulated by the PRC’s “Social Insurance Law” and cannot leave the custody of the government, can never be downloaded, and can never be seen by unauthorized persons. On the other hand, the […]

2018-7-3 23:54