India drafts up a national strategy on blockchain

Application potential in different domains such as governance, banking and finance, cyber security India’s Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as governance, banking, finance, and cyber security. MeitY has supported a…

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Bank of China branches complete blockchain-based finance transaction

Facilitates automation of trade processes, enhances the service quality of cross-border trade and the efficiency of trade finance for corporations. Bank of China (Hong Kong) (“BOCHK”), in collaboration with Bank of China Guangdong Provincial Branch and Shenzhen City Branch, has completed the first batch of blockchain-based cross-border trade transactions and…

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Bank of Thailand launches Government savings bond on IBM Blockchain Technology

US$1.6B US in government savings bonds were sy sold within two weeks of launch Bank of Thailand (BOT), the central bank, has launched one of the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the secured IBM Cloud, the platform allows…

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Singapore says blockchain payments project ready for commercial rollout

Blockchain-based payments network that could enable faster and cheaper international settlements. SINGAPORE (Reuters) – Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday, adding that the next step was a commercial rollout. The final phase of the years-long ‘Project Ubin’…

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BCB Blockchain chooses JustCo for APAC expansion

Collaboration comes ahead of BCB’s plans to expand further into the region Singapore-based Building Cities Beyond (BCB) Blockchain has signed workspace provider, JustCo, as part of its efforts to accelerate innovation, strengthen communities and bring forth collaborative opportunities. The collaboration comes ahead of BCB’s plans to expand further into the…

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