IBM Issued Patent for DLT-Supported Data Sharing and Validation

Tech giant IBM has been awarded a patent for a mobile data sharing method that involves a distributed ledger. Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.…

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South Korean Hospital to Create Blockchain Medical Data Management Platform

Blockchain medical tech startups Longenesis and Insilico Medicine and South Korean hospital Gil Medical Center will jointly create a blockchain-based health data management solution. Blockchain-powered medical data marketplace Longenesis and biotechnology company Insilico Medicine have entered into an agreement with South Korean hospital Gil Medical Center to create a blockchain-based health data management solution. The…

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BlockFi Now Has Over $53 Million in Client Crypto Under Management

Crypto wealth management and lending company BlockFi now has over $53 million in client crypto assets under management. BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23. In the announcement, BlockFi also states that it…

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Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests

An analyst stated that he bought one bitcoin through his TD Ameritrade account, although he later found the trade was not real. The world’s second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22. Twitter personality…

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IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight

As the IMF and the bosses of central banks gather to talk digital money, concerns of stability and institutional trust dominate the discussion. The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of the International Monetary Fund (IMF) joining forces with the World Bank to launch…

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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new…

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IDC Report: Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022

Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022. Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to an April 23 report from United States-based market research firm International Data Corporation (IDC). IDC’s Worldwide Semiannual Blockchain Spending Guide provides…

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Unconfirmed: Japanese Regulator Conducts Flash Inspection of Huobi Japan, Fisco Exchanges

The swoop, which reportedly happened last week, was in response to management changes, sources told Reuters. Japan’s financial regulator has reportedly investigated two domestic cryptocurrency exchanges to check consumer protection and legal compliance, Cointelegraph Japan reported on April 23. According to anonymous source originally speaking to Reuters, the investigation by the Financial Services Agency (FSA)…

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Japan to Provide G20 With Solution for Crypto Regulation

Japan is preparing to share its experience regarding cryptocurrency regulation with finance ministers and central bank governors from other G20 countries at the upcoming summit which it will host in June. According to local media, Japanese regulators have a solution for crypto regulation to offer the G20 countries. Also read: Indian Supreme Court Postpones Crypto…

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