CZ & Elon Musk Advocate Blockchain Transparency in Government Spending

Key Takeaways: CZ & Musk came out with a suggestion for using blockchain to monitor all transactions made by the government in the name of controlling the state budget. Blockchain-based The post CZ & Elon Musk Advocate Blockchain Transparency in Government Spending appeared first on CryptoNinjas.

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Government Still Sees Blockchain As “Wild West” Says Blockchain Australia

Blockchain Australia is displeased with the way its government is treating the crypto industry locally. According to the association, the government is judging the industry through malicious scammers and actors who’re tarnishing its image through their activities.

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Tehran Government Bans Iran Blockchain Association

The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development.

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Australian government’s digital business plan includes $5M for blockchain

Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million.

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Isle Of Man Government Agency Forms New Blockchain Office and Digital Regulatory Sandbox

Many countries in the world are starting initiatives to support the blockchain technology lately. Now, the government from the Island of Man, a self-governing British dependency, has decided to promote the blockchain in the country by creating a new blockchain hub in the country, the Blockchain Office. According to the government, this is a key […]

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ICON Collaborates With the Seoul Government On 3 Blockchain Apps

The South Korean blockchain project ICON gains momentum with new projects involving the Seoul Metropolitan Government. This week at… The post ICON Collaborates With the Seoul Government On 3 Blockchain Apps appeared first on Invest In Blockchain.

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The Impact of Blockchain for Government: Insights on Identity, Payments, and Supply Chain

How can blockchain benefit government?

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How the Maltese Government Aims to Make Malta the World’s Blockchain Hub

According to Forbes, Malta, the European island between the North African Coast and the central Mediterranean Sea, has become a globally-recognized country for its business-friendly and innovative regulations in the blockchain and cryptocurrency industry.

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China $1B Funded Blockchain Says Government Didn’t Pullout

A $1 billion Chinese blockchain fund launched in April has denied a report that local government will pull out its originally planned funding support following a recently leaked recording involving a former partner of the fund.

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Catalonian Government to Develop Plan for Blockchain Technology Integration

Catalonia’s government will work on a strategy to implement blockchain across all public administrative activities

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Saudi Arabia Partners with IBM to Use Blockchain for Better Government Services

The government of Saudi Arabia remains steadfast in its determination to rely on Distributed Ledger Technologies to strengthen the progress of its economy. On July 11, 2018, the ITP news portal reported that the municipality of Riyadh had partnered with IBM to implement a series of blockchain technologies in various administrative and economic areas.

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Riyadh Municipality Partners with IBM to Develop Blockchain for Government Services

Riyadh municipality in Saudi Arabia has partnered with IBM to jointly design a blockchain strategy to improve services in the government sector

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Blockchain Meeting for Fintech leads: Bitcoin and Blockchain conference will be held in Malta

Why Malta The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies.

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Magic Blockchain Dust

This one really threw me for a loop this morning… Firstly, kudos to the Australian Government for embracing and exploring opportunities in blockchain. But some people are wondering is how blockchain can improve government services.

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Digital Isle of Man Joins the British Blockchain Association

One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).

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Proposal In Spanish Parliament To Introduce Blockchain To Improve Governance

In the wake of today’s news that a major political party in Spain has submitted a blockchain-related proposal to the Spanish Parliament. The proposal recommends that the government introduce blockchain to improve governance “with the aim of improving internal processes and [providing] traceability, robustness and transparency in decision making”.

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Spain Aims to Bring Government onto the Blockchain

Partido Popular, the ruling party within Spain’s four-party political system, submitted a blockchain-focused proposal to the Spanish Congress of Deputies aiming to promote the integration of blockchain technology into the governance structure of the country.

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IBM partners with Australian Gov’t to use blockchain for data security in $740 Million Deal

IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs.

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South Korea is Drafting New Blockchain Industry Classification Standards

South Korea Announces New Classification Standards for The Blockchain Industry and Legitimizes It It seems like the battle for legitimacy that the blockchain and cryptocurrency industry is facing in South Korea seems to be near its end.

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IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

IBM has signed a five-year $740 million deal with the Australian government to bring blockchain and other new technologies to “many, many government agencies”

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Maltese Parliament Passes Three Blockchain Bills into Law

The Maltese Parliament has passed three bills into law that establish a regulatory framework for the country's blockchain sector, Malta Today reports. Just last week, the Parliament “unanimously voted” to approve these bills in its second reading.

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South Korea legitimizes Blackheine business with major new classification standards

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps)

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Member of Parliament Urges UK to Embrace Blockchain After Highlighting Its Benefits

A British MP is urging the U. K. government to embrace blockchain after detailing its benefits and highlighting how it could “empower individuals. ” Walsall MP Eddie Hughes has gone all-out in his detailed and long report promoting blockchain in hopes that the U.

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FSA Denies Plans to Make Changes to Regulations Governing Cryptocurrency Exchanges

Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system.

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IBM To Be Part Of A Blockchain Revolution In Australia

According to reports out today, the Australian Government have agreed on a $740 Million (A$1 Billion) contract between the government and tech giants, IBM. The contract is set to allow IBM to explore blockchain technologies and implement findings within the Australian political structure over the next five years.

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South Korea Legitimizes Blockchain Industry With Major New Classification Standards

The South Korean government is drafting major new industry classification standards for blockchain to serve as a basis for policy making, promotion and regulation

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IBM Wins $740M Contract for Blockchain, Tech Services to Australian Govt

IBM will implement blockchain and automation technologies in Australian government agencies under a $740 million contract.

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UK Gov’t Show Leadership as a new report by embracing Blackhaven Technology

The report offers appointing Chief Blockchain Officer and an international blockchain competition. In a report published on July 4th, Eddie Hughes called on the government to “show leadership” by making the technology and its benefits a priority.

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New Report Calls UK Gov’t Show Leadership by Embracing Blockchain Technology

A lawmaker in the U. K. published a report giving recommendations about blockchain development to the British government. The report offers appointing Chief Blockchain Officer and an international blockchain competition.

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Spain’s lawmakers are banning the use of the governor during the reign of the governor

Spain’s ruling party believes the government should utilize blockchain to operate the country’s public administration more efficiently. Last week, 133 deputies from the Popular Party submitted a blockchain-related proposal to the Congress of Deputies, the lower chamber of the Spanish Parliament.

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Spain's Lawmakers Push for Blockchain Use in Governance

Spain's ruling party submitted a proposal encouraging the government to adopt blockchain technology in managing public services.

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Presidential Decree Places Legalization of Cryptocurrencies on the Table in Uzbekistan

Economy & Regulation The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins.

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Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins.

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India to Trial Blockchain for Fertilizer Subsidy Management

India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC).

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UK Government Body Completes Pilot Tracking Beef Supplies on the Blockchain

The U. K. ’s Food Standards Agency (FSA) has recently completed a pilot in which it successfully tracked beef supplies using blockchain technology. It is believed to be the first time that the innovation underpinning Bitcoin and other cryptocurrencies has been used to guarantee compliance within the food sector.

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British MP Calls for UK Blockchain Chief in New Report

A U. K. MP has called on the government to appoint a Chief Blockchain Officer in a new report that backs the technology to be used in government. ‘Unlocking Blockchain’, which was distributed to all MPs, also argues for a blockchain competition to establish London as a blockchain hub.

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The UK government must appoint a ‘chief bureaucrat’ lawmaker

A lawmaker in the U. K. has called for the government to advance the use of blockchain in the public sector. In order to pursue applications that rebuild social trust and boost transparency in government, Eddie Hughes, a member of Parliament from the U.

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Uk Government Should Appoint ‘chief blockchain officer’ Says Lawmaker … A lawmaker in the . has called for the government to advance

A lawmaker in the U. K. has called for the government to advance the use of blockchain in the public sector. In order to pursue applications that rebuild social trust and boost transparency in government, Eddie Hughes, a member of Parliament from the U.

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Used Blockchain to Rebuild Societal Trust and Saved 8 Billion, Report tell UK Governor

UK housing minister Eddie Hughes released a report into blockchain July 4, calling on the government to “show leadership” by making the technology and its benefits a priority. The report, ‘Unlocking Blockchain,’ makes several key proposals, using state projects currently underway in Estonia as the standard authorities should follow at home. “The state should focus

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New Class of Bank for Blockchain and FinTech Planned by Bermuda

Government of Bermuda will amend Banks and Deposit Companies Act to allow innovation in the industry.

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Government of Bermuda Becomes a Crypto-friendly Nation With Their ICO Bill

The Bermuda Government, recently, passed a Digital Asset Business Act and an ICO Bill. The Government felt compelled to make changes to their Banking Act because they wanted to create a new class of banks that could work with emerging FinTech, cryptocurrency and blockchain startups.

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Blockchain “could” save the UK government billions of pounds and reshape social structure, a new report claims

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UK Government Should Have A Chief Blockchain Officer, Lawmaker Says

A U.K. lawmaker proposes the government should appoint a public-facing blockchain chief officer in order to boost blockchain adoption in the country.

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UK Government Should Appoint 'Chief Blockchain Officer' Says Lawmaker

A lawmaker in the U.K. has called for the government to advance the use of blockchain in the public sector.

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Lausanne Tests Blockchain Voting after Successful Poll in Zug

The implementation of blockchain in public polls is in line with government plans to introduce eVoting in Swiss legislation.

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Cardano [ADA] Spreads Its Influence in Asia and Africa

Input Output HK, a blockchain start-up that develops the Cardano blockchain, is taking the distributed ledger platform to several developing countries in Asia and Africa. In May this year, the company signed a memorandum of understanding with the government of Ethiopia to take its agriculture practices to the blockchain.

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Bermuda to build a new class to serve Bermuda and Blackhunshi companies

The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2.

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THEKEY Enters into Cooperation with Chinese Government on Research into Social Insurance Blockchain Applications

The commercialization and application of social insurance data is facing an as yet unresolved dilemma. On one hand, social insurance data is strictly regulated by the PRC’s “Social Insurance Law” and cannot leave the custody of the government, can never be downloaded, and can never be seen by unauthorized persons. On the other hand, the […]

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UK Food Standards Agency In Successful Blockchain Trial

The UK Food Standards Agency (FSA) are a branch of the government that focus on ensuring and enforcing food standards regulations to vendors of food. Within this, they are responsible for ensuring the safety and quality of food served, but also the safety and hygiene of the conditions in which the food is made.

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