China unveils blockchain committee with Huawei, Baidu execs and industry CEOs aboard

The central government of China has announced the membership of its national blockchain committee to help bring about standards in distributed ledger technologies.

The 71-strong group, according to a release published on April 13, includes various government staff, academics from technological institutes, as well as business. Senior executives from Huawei, Baidu and Tencent are on the list, as well as CEOs of blockchain and DLT startups in China, including Li Wei, CEO of Hangzhou...

ASX postpones launch of blockchain stock exchange programme amid Covid-19 pandemic

The Australian Securities Exchange (ASX) has announced the postponement of the launch of its blockchain stock exchange platform, the Clearing House Electronic Subregister System (CHESS), due to the current coronavirus outbreak.

2020欧洲杯投注盘口In a press statement, the company said: “In light of recent events, ASX is re-planning the implementation of the CHESS replacement system. We are conscious of the importance of providing a new schedule, and the need to get the valuable input of CHESS...

Rhode Island General Assembly introduces blockchain bill

2020欧洲杯投注盘口The Rhode Island General Assembly has introduced a bill, called the Rhode Island Economic Growth Blockchain Act, which aims at encouraging the state’s economy by ensuring that its regulations are friendly to blockchain innovators and providing a comprehensive regulatory technology sandbox.

The Rhode Island Economic Growth Blockchain Act revolves around four main areas: an economic growth blockchain act; setting regulations for the sale of hemp; regulation of virtual and digital...

Kaspersky unveils new blockchain-based voting machine – reports

Blockchain - voting

2020欧洲杯投注盘口Kaspersky Lab has introduced a voting machine based on Polys, a blockchain-based online voting system.

Kaspersky’s new voting machine would work like distributed ledger technology wherein the votes would be encrypted and the link between the voters would be verified, after which they will be able to confirm their vote that has been recorded on the blockchain.

The new system would aim to help reduce the possibility of fraud by verifying voters, as they would be able to...

Tech Mahindra and Telangana government launch blockchain accelerator program

2020欧洲杯投注盘口India-based IT service firm Tech Mahindra has launched an inaugural accelerator program called T-Block Accelerator for Telangana Blockchain District in partnership with the state government and IBC Media, an innovation management firm.

According to the company, the initiative is focused on startups that have a strong blockchain use case, boosting the growth of startups and contributing to overall industry growth.

2020欧洲杯投注盘口With the help of this initiative, Tech Mahindra will...

Australia to ramp up blockchain efforts with new government roadmap

The Australian Government has put together a roadmap document suggesting how the country can capitalise from blockchain technologies in five years’ time.

The document outlines various areas where blockchain technologies could benefit Australia. For instance, product counterfeiting and substitution cost the Australian food and wine industry more than AU$1.68 billion in 2017 alone. Overall, the roadmap advocates use cases around data redundancy, information transparency, data...

Chinese courts are increasingly using blockchain to help settle legal cases

china blockchain court cases legal

According to a report from Xinhua news agency, smart courts in China are increasingly making use of a number of innovative technologies such as artificial intelligence and blockchain in order to settle millions of pending legal cases. 

The report also highlighted the fact that more than 3.1m litigation activities in China from March to October were settled through the blockchain and AI-powered smart internet courts. 

What happens in these ‘courts of the future’ is...

Uruguay and Liechtenstein make moves in blockchain adoption for government use cases

2020欧洲杯投注盘口More governmental murmurings are afoot when it comes to blockchain deployments, with Uruguay and Liechtenstein, two countries with previous in this field, announcing new initiatives.

2020欧洲杯投注盘口The Uruguay Digital Party is entering into an agreement with blockchain platform provider Aeternity to build a system whereby blockchain technology could be used for internal voting and ‘optimise the participation processes of citizens.’

“The application of democratic governance that...

Janak Kalaria, ICF: On getting the processes right in integrating blockchain for governments

Blockchain technology has the potential to change a variety of industries through its transparency and security. With one eye on the leaks, misinformation and skulduggery enveloping the UK right now, government is a key example of an industry ripe for change.

Like many other industries, it is not merely a case of flicking a switch; the various bulwarks have to be broken down, initially through pilots and tests, before moving to greater rollouts.

Plenty of initiatives...

New Jersey brings blockchain task force programme into law

2020欧洲杯投注盘口Phil Murphy, the governor of New Jersey, has signed two bills which would bring about a blockchain initiative task force into law.

2020欧洲杯投注盘口The bills, 2297 and A5111, will establish the New Jersey Blockchain Initiative Task Force and create the Innovation District Designation Program respectively.

The task force will not only just be focusing on blockchain technology alone, but will also highlight the opportunities and risks associated with use of blockchain and distributed...