Water

China: Loudi City Mayor Promotes Blockchain to Fight Crime

Source Node: https://cointelegraph.com/news/china-loudi-city-mayor-promotes-blockchain-to-fight-crime
Time Stamp: August 10, 2020 6:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime.At a meeting of Loudi’s Municipal Public Security Bureau on Aug. 10, Mayor Yang Yiwen responded to reports on the progress of a trial blockchain project that is currently being conducted by the bureau and a local technology firm. The project combines blockchain technology with multi-party computing and big data to improve trusted data exchange and information traceability across a collaborative network. This network unites telecommunication network operators, banks and

South Korean Beachgoers Can Now Use Bitcoin to Pay for Services

Source Node: https://cointelegraph.com/news/south-korean-beachgoers-can-now-use-bitcoin-to-pay-for-services
Time Stamp: August 8, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use.According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches of Busan in South Korea famous with tourists.The program will allow people to pay for water sports-related activities, life jackets, and even parasol rentals, among others, with Bitcoin (BTC), Ethereum (ETH), along with MCI and WAY

Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

Source Node: https://bitcoinist.com/why-klaytn-and-link-will-catalyze-blockchain-adoption-in-asia/?utm_source=rss&utm_medium=rss&utm_campaign=why-klaytn-and-link-will-catalyze-blockchain-adoption-in-asia
Time Stamp: August 4, 2020 12:23 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both