Blockchain Technology


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Messaging Giant WeChat Suspends Third-Party Blockchain App

China's social messaging giant WeChat has halted a third-party blockchain mini-tool running inside the application, citing a violation of rules. 

wechat

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China's Security Ministry Touts Blockchain for Evidence Storage

China's Ministry of Public Security has developed a blockchain system aimed to more securely store evidence collected during police investigations.

(chinahbzyg/Shutterstock)

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Facebook's David Marcus to Lead New Blockchain Research Unit

Facebook is reportedly launching a team dedicated to blockchain technology, which will be spearheaded by Messenger's vice president David Marcus. 

facebook

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12 Chinese Banks Say They Deployed Blockchain in 2017

Nearly half of the 26 publicly listed banks in China said they deployed blockchain applications in 2017.

construction bank

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ICBC's First Blockchain Patent Is Now Public

Industrial and Commercial Bank of China, a major state-owned bank, is exploring how to verify and share users' certificates on a blockchain.

ICBC China

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Singapore to Speed Up Blockchain Patent Approvals

Singapore's IP Office is shortening the grant process for fintech related patent applications, including those focusing on blockchain payment.

singapore

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Fitch Ratings: Blockchain Is a Potential 'Game-Changer' for Insurers

Fitch Ratings published a report Wednesday noting that blockchain can be a long-term solution to issues facing the insurance industry today.

Insurance

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#MeToo Movement Turns to Ethereum to Evade Censorship

Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship.

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China's Official Government Auditor Is Looking at Blockchain Solutions

China's National Audit Office thinks blockchain streamline its data storage operations.

beijing government

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Korea's SK Telecom to Build Blockchain for Identity and Asset Exchange

SK Telecom has announced plans to launch a blockchain-based platform aimed to simplify payment and subscription processes.

SK Telecom