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Government


The Chinese government moving to make blockchain literacy the norm across public offices with the publication of an explainer for officials and members of the Communist Party. Released by the publishing house of the People’s Daily – the party’s news outlet – the book is titled “Blockchain – A Guide for Officials”, according to a …

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West Virginia is rolling out a blockchain-based mobile voting app to all of the state’s 55 counties so that military personnel stationed abroad can more easily cast their ballots in the midterm elections. CoinDesk previously reported that the state piloted the blockchain app in May for deployed military staff and their dependents from Harrison and Monongalia …

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A state government in India is working with a multinational IT services giant to build a district within the state capital dedicated to blockchain startups. The IT department of the Telangana state government on Friday signed a Memorandum of Understanding (MoU) with Tech Mahindra, a publicly listed firm with headquarters in India, that will see …

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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. A news report from China Business Journal on Thursday said the Hangzhou city government has required Xiong’An (or Grandshores) Blockchain …

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The South Korean government has announced a plan to revise the current tax rules to widen benefits for companies that focus on the development of nascent technologies, including blockchain, as part of the country’s push for innovation growth. Announced Wednesday, after a meeting of ministers from eight government agencies working on economic policy, tax rates are …

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The U.S. Department of Energy (DoE) has announced it will award a grant of nearly $1 million to a blockchain startup in a move aimed to advance the development of a decentralized energy grid. The Colorado-based Grid7 is one of 95 grant recipients announced by the DoE on Monday, which all won the second phase of the …

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Florida is set to have its own cryptocurrency czar. The Sunshine State’s chief financial officer, Jimmy Patronis, said in a statement Tuesday that he has created a new position to supervise the state’s cryptocurrency industry. He explained that the new overseer will be tasked with enforcing applicable regulations to protect investors from potentially malicious actors. “Florida …

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The U.S. Department of Homeland Security (DHS) has awarded a grant of $192,380 to blockchain project Factom to support beta testing of a platform aimed to secure data from Border Patrol cameras and sensors, the agency announced Friday. “The early phases of Factom’s work has informed architecture choices and design decisions inherent in integrating blockchain …

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The municipal government of Chongqing city, China, is mulling the formation of a “blockchain digital asset exchange,” but no one is quite sure what it means. On Thursday, the Economy and Information Committee, an economic development agency that forms part of the Chongqing government executive body, published five measures the city will take to advance blockchain …

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Australia’s Department of Home Affairs (DHA) is looking to blockchain technology to provide secure and transparent international trade and supply chain management. The department is hoping to modernize international trade management in the country and is pushing for a pan-governmental framework for emerging technologies, including blockchain, AI and the internet of things, to provide real-time …

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China’s government auditor thinks blockchain can “open up a window” to a more streamlined data storage. In an article published Tuesday on its website, the National Audit Office of the People’s Republic of China discussed using blockchain to alleviate the bottleneck caused by its current data storage infrastructure. At present, the office is responsible for a …

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China State Grid Corporation, the country’s state-owned electricity utility monopoly, is looking to blockchain technology to advance its plans for an “Internet of Energy.” In a patent application filed to the China State Intellectual Property Office in November last year and released last week, the energy giant has detailed its exploration of a blockchain-powered system …

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A new Chinese blockchain fund has $1.6 billion available to invest in innovative startups – 30 percent of which is backed by a city government. Dubbed Xiong’An Global Blockchain Innovation Fund, the new initiative was announced Monday at the opening ceremony of a new Blockchain Industrial Park in Hangzhou – a Chinese city noted for …

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The government of Mexico has been quietly working on a project to track bids for public contracts using blockchain, a government official revealed Tuesday. Speaking at a tech conference in Jalisco, Mexico’s national digital strategy coordinator Yolanda Martinez detailed Blockchain HACKMX, a project she said has been in production since last September. The system was …

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Alec Ross was a senior advisor for innovation to former Secretary of State Hillary Clinton and is the author of “Industries of the Future.” He is now seeking the Democratic party’s nomination for governor of Maryland. I’m running for governor. And I believe in the blockchain. Those are two sentences that you’ve probably never seen together. …

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Singapore’s government is launching a challenge that will reward successful blockchain projects with funding. In an announcement Thursday, Singapore’s Infocomm Media Development Authority (IMDA) said the challenge aims to boost blockchain innovation as part of a wider goal of the digital transformation in the city state. According to the fact sheet for the challenge, the bureau …

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Malaysia’s central bank hinted it is planning to integrate Blockchain in its banking sector, its deputy governor revealing ongoing development work in a speech Thursday, March 22. Speaking at the Asian Banker Digital Finance Convention 2018 in Kuala Lumpur, Bank Negara Malaysia’s (BNM) deputy governor Jessica Chew Cheng Lian announced that nine domestic banks had …

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China’s Ministry of Information Technology and Industry has put blockchain standardization high up on its list of priorities for 2018. According to an official announcement on Friday, the ministry’s Information and Software bureau has outlined seven major areas of focus in its 2018 agenda, four of which will cover standardization initiatives that relate to the blockchain …

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The US Securities and Exchange Commission (SEC) is preparing to examine up to 100 hedge funds that deal with cryptocurrencies, a person familiar with the matter told WSJ March 22. The initiative is separate from the dozens of cryptocurrency probes, which mainly target companies the SEC suspects of running afoul of securities laws via Initial …

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A Dutch court classifies Bitcoin as a “transferable value” after the court ruled in favour of a plaintiff who was owed 0.591 Bitcoins (BTC), according to a court document published March 20.   The claim was filed in a Dutch court by Mr. J.W. de Vries on 2 February 2018 against Koinz Trading BV, a non-public …

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