Blockchain Technology

Blockchain Technology

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Reinsurance Giants Tap Blockchain for Data Transparency Boost

A group of reinsurance giants in China are jointly developing a blockchain system aimed to reduce data disparities in the industry.

Insurance

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Blockchain Can Legally Authenticate Evidence, Chinese Judge Rules

A court in China's Hangzhou city has ruled that evidence authenticated with blockchain technology can be presented in legal disputes.

gavel with yuan

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Spain's Securities Market Watchdog Completes Blockchain Test

A pilot test was successfully conducted for a Spanish-backed blockchain project to increase the efficiency of registering issuances.

Spain

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China's Crypto Ratings Index Puts EOS in Top Slot, Drops Bitcoin

China's Global Public Chain Assessment Index has released its second monthly evaluation of blockchain networks – with perhaps surprising results.

Trophies, cups, awards

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Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund

A South Korean government agency has announced a plan to boost blockchain adoption in the country.

seoul

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Chinese Banks to Put Credit Blacklist on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

suning

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Banks' Blockchain Budgets Spiked 67% in 2017, Survey Finds

Blockchain budgets at global banks' increased sharply in 2017, pushing combined annual spending to $1.7 billion, according to a new survey.

calculator

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JD.com's Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain.

JD

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Kakao, Korean Government to Solve Social Problems with Blockchain

Kakao's blockchain subsidiary has announced it will work with a government-backed agency to develop blockchain projects focused on social services.

kakao

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Korean Banks Can Use Blockchain to Verify Customer IDs from July

A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.

mobile banking