When Everyone is Suddenly into Blockchain..

– The Australian federal agency is developing a national blockchain that will allow businesses to carry out transactions based on smart legal contracts.

Indeed, the Commonwealth Scientific and Industrial Research Organization (CSIRO) confirmed on Wednesday that its research arm, Data61, is working with law firm Herbert Smith Freehills and IBM to conduct a pilot for a new platform called the Australian National Blockchain (ANB):

[Great initiative! ]

-The Hong Kong government released a talent list on Tuesday that covers a range of 11 professions that are now eligible to receive bonus marks when experts in these areas apply for the city’s Quality Migrant Admission Scheme (QMAS) as a new immigration policy.

One of the areas is dedicated to “innovation and technology experts in..” including artificial intelligence, robotics, biometric technologies, industrial/chemical engineering, and Blockchain technology!

[interesting.. ]

Ant Financial, a payments affiliate of e-commerce giant Alibaba, is poised to launch its own blockchain-as-a-service platform next month, alongside a rice-tracking application intended to tackle counterfeit products…

[yeah sure, right after banning OTC trading..why not! ]

-A new survey from Deloitte found that 40 percent of executives from the telecom, media, and technology (TMT) space want to invest millions in blockchain research during the next year.

Published Tuesday morning, the findings – included in a report from the Deloitte Center for Technology, Media & Telecommunications – form part of a wider look into how the technology could be applied to those business sectors.

[We’ll be looking forward to witnessing that unless of course, the executive board changes its mind or members..]

-The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) are looking for ways to use blockchain to create a secure platform for selling tokenized securities.

In fact, Technology firm Anquan, consulting giant Deloitte and stock exchange operator Nasdaq will work with the MAS and SGX to develop a Delivery versus Payment (DvP) platform for tokenized assets, including tokenized digital currencies and securities assets, according to a press release. The DvP platform will be able to simultaneously transact the securities asset being traded with the funds being used to pay for it.

[now that’s impressive and very blockchain-like ]

-In its most recent update for entrepreneurs wishing to set up businesses in the U.K., the Department for International Trade announced that Entrepreneur First (EF), a pre-seed investment company, is now also funding blockchain startups. EF is one of the government-recognized organizations that can endorse firms for entrepreneur visas.

According to the post, startups with “high growth potential” can apply for an entrepreneur visa to launch its business in the U.K. To be qualified for the visa, the entrepreneur must receive funding of at least £50,000 (approximately $64,000) from an organization that is approved by the U.K. government:

[WOW UK, some substantial improvement in terms of “Openness”  ]

-S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data and paperwork connected to the process for refueling planes.

The airline said in a release on Monday that it trialed the application with its fuel supplier, Gazpromneft-Aero, and Alfa-Bank, Russia’s largest private bank, on a domestic flight based out of the Tolmachevo International Airport:

[Blockchain is in the Air! ]

.-Australia’s Commonwealth Bank (CommBank), which was selected as the sole arranger of the issuance by the World Bank early in August, said the bond is to be transacted on Aug. 28, as reported by Reuters on Thursday.

Engineered to bring a 2.2 percent return, the two-year bond – dubbed “Bondi” – is the first exploration by the World Bank into using blockchain as the supporting technology for automating the issuance process among multiple parties.

[okay, that’s enough for today..I mean, we’re talking actual bonds and World Bank here! ]



Wejden Khachaa

Marketing/Finance Bachelor, worked in several tech start-ups at a young age, her passion for blockchain and her firm belief that it will change the world one day inspires her to write about related topics.

Leave a Reply

Your email address will not be published. Required fields are marked *