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South Korea Budgets $880 Million for Tech Including Blockchain

The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.

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China's Communist Party Publishes Blockchain Tech 101

China's Communist Party is moving to make blockchain literacy the norm with the publication of a guide book for officials and members.

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West Virginia to Offer Blockchain Voting Statewide in Midterm Elections

After a pilot conducted in May, West Virginia is expanding use of a blockchain voting app to all 55 of the state's counties.

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Indian State Partners with Mahindra to Build 'Blockchain District'

An Indian state is working with Tech Mahindra to build a new district within the state capital dedicated to incubating blockchain startups

Hyderabad, India. Credit: Shutterstock

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$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out

A major Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support.

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South Korea Plans Tax Perks for Blockchain Startups

South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.

Korean won

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US Government Backs Decentralized Energy Grid With $1 Million Grant

A blockchain-focused solar power startup based in Colorado has received a grant of nearly $1 million from the U.S. Department of Energy.

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Florida Is Creating Its Own Crypto Czar

Florida's chief financial officer has created a new "crypto czar" to oversee regulation of the cryptocurrency and ICO space.

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Factom Blockchain Project Wins Grant to Protect US Border Patrol Data

The Department of Homeland Security has awarded a grant to blockchain project Factom for live testing a platform for securing camera and sensor data.

CCTV

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Chinese City Causes Confusion with Digital Asset Exchange Proposal

A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

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