TEST BLOG AIBC

AIBC Summit leverages latest tech with inaugural virtual event

Posted by Katy on Oct 8, 2020 4:06:06 PM

AIBC Europe Virtual Expo takes AIBC Summit into the digital age with a focus on the high potential of emerging tech

SiGMA Group is excited to announce the launch of their November event, AIBC Europe Virtual Expo. The online event, which runs from the 24th to 25th, will focus on the European tech and gaming marketplace.

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Crypto wallet BRD surges to 6 million users

Posted by Luke Scerri on Oct 8, 2020 11:29:38 AM

LatAm and India's growing interest in crypto is reflected in the BRD wallet as it reaches 6 million users

On October 6th Zurich-based mobile cryptocurrency wallet BRD announced that they now had more than six million users worldwide, due to the ongoing growing number of users in India and Latin America, driving the company to predict that they'll have 10 million users by 2021.

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CoinCodex Giveaway: The Top 5 Crypto Listing Website Is Giving Away 250 USDT!

Posted by Maria on Oct 7, 2020 5:17:45 PM

What is CoinCodex? 

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Shanghai's Blockchan-powered notaries

Posted by Luke Scerri on Oct 6, 2020 12:13:39 PM

China-based notaries use Blockchain to handle thousands of clients

Since its launch last January, 40 firms have used Shanghai's blockchain-powered notary platform to handle over 3,000 cases. The notaries use a platform called Hui Cun, which essentially stores data from pictures, videos, to screen recordings through the blockchain network, which are then used for litigation purposes.

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Can Blockchain support a digital Euro?  

Posted by Luke Scerri on Oct 6, 2020 8:44:30 AM

Estonia’s Central Bank Eesti Pank undertaking research on the possibility of Blockchain supporting the Euro.  

Last Friday in a news release, Eesti Pank announced an initiative that will calculate if KSI Blockchain is a suitable supporting system for a central bank digital currency (CBDC) The Estonian government already considers KSI as a substantial part of the country's e-government system, and so this research will be carried out with help from Guardtime, the Estonian company that developed the KSI Blockchain. 

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Online-based Blockchain-ran hospital in China 2021

Posted by Luke Scerri on Oct 2, 2020 4:02:09 PM

China plans to have an online-based hospital up and running by 2021 

Chinese health administrators have announced that they’re launching an online-based hospital for a few months to give operators the time to include and manage a variety of blockchain-powered technologies.  

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Australian Government's Covid recovery plan includes investments in Blockchain 

Posted by Luke Scerri on Oct 1, 2020 3:35:37 PM

Corona Virus continues to accelerate government interest in digital technologies as Australia announces budget to invest in Blockchain-related tech 

Last Tuesday, Australian Prime Minister Scott Morrison just announced that in next week’s budget plans, the government is including digital technologies as part of its Covid-19 recovery plan, setting aside around A$800 million for the project. The government intends to invest in tech in the hope of creating new jobs and facilitate and secure interaction with government services.  

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MedTech Maldives introducing Covid-19 test card

Posted by Luke Scerri on Oct 1, 2020 8:20:58 AM

MedTech Maldives introducing a new way of testing Covid-19 from Abbott pharmaceuticals

MedTech Maldives just introduced COVID-19 antigen test cards, a form of technology that delivers COVID test results in 15 minutes without any other form of equipment. Produced by Abbott pharmaceuticals in the U.S, this BinaxNow COVID-19 Ag Card will assist the government in controlling the situation and ensure the protection of public health.  

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European Commission passes first ever legislation concerning crypto assets

Posted by Luke Scerri on Sep 29, 2020 3:37:46 PM

As more and more people adopt crypto assets, the EC is working on some legal perimeters for its member states

In 2018, the second Global cryptoasset Benchmarking Study estimated the number of identity-verified crypto users at about 35 million users. One of the most recent studies at the Cambridge Centre for Alternative Finance recently revealed that there are now more than 100 million people who currently own Bitcoin or several other blockchain-based assets around the world, totaling to a 189% increase in users. The study also showed that this surge was very much due to the activity in the Asica-Pacific, the Americas, North America and Europe.  

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$150 million withdraw from KuCoin as company gets hacked

Posted by Luke Scerri on Sep 28, 2020 1:12:03 PM

A considerably large amount of tokens were withdrawn from KuCoin's hot wallets last Friday at around 19:05 UTC

This weekend Singapore-based cryptocurrency exchange KuCoin announced that it had a mega hack saying how a threat actor entered its systems and emptied its funds. The hacker did so through what are known as hot wallets which are essentially cryptocurrency management apps that are online. The company revealed that they detected the hacker after some particularly big withdrawals from its hot wallets. Users tracked some of the stolen funds to an Etherium address which shows that the loss is currently estimated at a minimal of $150 million 

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