Following a pilot earlier this year, the state of West Virginia will become the first jurisdiction to allow its citizens serving in the armed forces overseas to vote using a smart phone application. The service provided by blockchain startup Voatz has already come under substantial criticism, however.Is Online Security...
American troops serving overseas will be able to cast their votes in West Virginia through a mobile voting platform based on blockchain technology in the federal elections in November 2018. The mobile voting platform, Voatz, will use facial recognition software to match each user’s “selfie-style video of their face” to...
While the market saw a collective decline of over 10% as the speculative mania surrounding the Bitcoin ETF deflated, positive developments in this budding industry were still prevalent all throughout the past week.The NYSE’s Parent Company Is Set To Launch Cryptocurrency Platform On Friday morning, cryptocurrency investors awoke to a...
The state government of the Australian province of Queensland will issue a grant to a crypto startup as part of over $8.3 million of innovation funding, according to an official announcement published August 1. According to the government statement, the TravelbyBit digital currency payments platform for the travel and tourism...
The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new...
A PwC Switzerland executive said that among the various types of digital assets, only digital currencies are can reasonably be used at present, according to a post on the PwC website July 31. In the post, Roland Stadler, Senior Manager and Data & Analytics Specialist at PwC Switzerland, claims...
UK fintech firm Billon has signed a letter of intent (LOI) with international financial services tech provider Fidelity National Information Services Inc. (FIS) to integrate blockchain tech solutions, according to a July 31 press release. Billon refers to itself as a “civilized blockchain” company, meaning that it implements blockchain to...
The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it had issued a loan worth around $300,000 backed by a piece...
The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, Foodnavigator-Asia reports July 30. The Sustainable Sugar Project, led by the Queensland Cane Growers Organization, will use blockchain technology to track the provenance of sugar supplies to Australia. The initiative known as the Smart Cane Best...
The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Blockchains and cryptocurrencies are still young. The ones in actual operation still have a range of teething problems and weaknesses, while they also lack the widespread adoption that would forcibly accelerate their development and...