Two energy divisions of German tech giant Siemens have joined a blockchain-driven energy platform to promote the use of decentralized technologies in the sector, according to a press release published Wednesday, Nov. 21. According to Siemens, its Energy Management and Power Generation Services departments are partnering with open-source, scalable blockchain...
The South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University to collaboratively work on the development of blockchain talents, says a Tezos official press release published Nov. 21. The new agreement between the Tezos Korea Foundation and Digital Society Research Center at...
A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions. DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with token holders. In time, the exchange hopes to...
Major U.S. crypto mining and blockchain firm Giga Watt has filed for bankruptcy on Monday, Nov. 19, Washington daily newspaper Wenatchee World reported yesterday, Nov. 20. The top-five crypto mining firms entrant has reportedly filed for Chapter 11 protection in the Eastern District of Washington bankruptcy court, claiming that the...
Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19. The expert at the crypto and blockchain-focused venture capital startup has maintained his pro-Bitcoin (BTC)...
The University of Tokyo will launch a blockchain course following a donation of nearly  $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21. In a Nov. 20 press release, SMBC lists five more contributors, apart from itself and the...
The South Korean government will use blockchain technology for tracing beef and providing consumers with information from the food supply chain, Yonhap News Agency, the largest news agency in South Korea, reported yesterday, Nov. 20. Blockchain technology has been implemented into the pilot program that is to be launched jointly...
Kakao Corp, a major South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies, Seoul-based media outlet News1 reported Nov. 21. According to the article, Kakao Corp established the brainchild of Kakao subsidiary Ground X, the corporation’s blockchain platform Klaytn, in...