LG to launch own blockchain—the Monachain
Through its subsidiary, LG has created a blockchain-powered service that provides logistics capabilities for finance, communication and manufacturing firms.
Articles By Erik Gibbs:
Blockchains will fuel industrial revolution, Wall Street analyst predicts
Federated Investors VP Steve Chiavarone calls blockchain one of five “key technologies,” along with AI and the Internet of Things, that will drive the next industrial revolution.
Court junks RBI injunction over crypto exchange ban
At least 11 cryptocurrency exchanges in India had requested an injunction against the Reserve Bank of India, but that has now been denied by the country’s Supreme Court.
Russian regulators clarify position on cryptocurrencies, crowdfunding
The rapid increase of companies entering the space is now forcing regulators in Russia to try and catch up, and two bills in the works could help provide some legal guidance.
Bitmain’s crypto mining rival plans $1-billion IPO
Canaan Creative, China’s second-largest mining hardware manufacturer, hopes to capture a large chunk of the market and is preparing to launch an initial public offering on the Hong Kong Stock Exchange.
UK’s Centrica turns to blockchains for greener energy
Centrica has begun trialing blockchains using distributed ledger technology to enhance the company’s Local Energy Market under its Exergy program.
Ukraine sees crypto an ‘integral part’ of economic, financial relations
Cryptocurrency could soon become a recognized financial instrument in Ukraine.
Marshall Islands makes cryptocurrency legal tender
Marshall Islands is reportedly looking to offer a proprietary digital currency, which would be legal tender alongside the local fiat currency.
Ex-Goldman Sachs exec: Global crypto is coming, but it won’t be BTC
Gary Cohn sees a future that accepts a global digital currency solution. However, he doesn’t believe that BTC will be that solution, calling, instead, for a cryptocurrency that is “more easily understood” by consumers.
US SEC needs to attend blockchain, cryptocurrency boot camp
It would be a good idea for staff at the U.S. Securities and Exchange Commission to attend, at a minimum, a cryptocurrency and/or blockchain boot camp so they can fully comprehend the business.
Oracle to launch blockchain products
California-based Oracle will release a “platform-as-a-service” product before the end of May, and follow it up in June with decentralized ledger-based applications.
Will Schneiderman’s resignation be good for crypto exchanges? It’s possible
New York Attorney General Eric Schneiderman abruptly resigned on Monday, and the first question that came to mind was whether the resignation would alter the course of cryptocurrencies in the state.