Monday's blockchain, news encrypted by Asia and beyond


The Chinese cryptographic miners lose the dreams of the Hong Kong IPO: A report by the Nikkei Asian Review says that the probability of Hong Kong quotations for the Chinese encryption giants Bitmain and Ebang are fading due to "regulatory obstacles and market volatility" while another bitcoin Chinese miner, Canaan, has let expire his IPO application in Hong Kong last Thursday. China dominates the global mining of Bitcoin, but since the beatings of Beijing in recent months, Bitmain, Canaan and Ebang have tried to commercialize themselves as chip makers involved both in the AI ​​and in the blockchain as a crypt. This news of IPO seems to indicate that this strategy does not work.

"Blockchain rice tracker" debuts in Cambodia: The international NGO Oxfam has launched a project based on the blockchain called BlocRice, which aims to increase the bargaining power of farmers in negotiations with buyers and to make the supply chain more transparent. Now in a testing phase, the project plans to connect local farmers, through "smart" contracts, with rice exporters in Cambodia and buyers in the Netherlands. It is not the first social initiative based on blockchain in Asia. Blockchain was also used to address the "unbanked" problem in Papua New Guinea, offering blockchain-based financial services to people without bank accounts and was used to monitor rations in refugee camps.

PwC launches the Hong Kong blockchain accelerator: PwC and Loopnest are launching a blockchain acceleration program in Hong Kong. Loopnest will provide guidance on business blockchain models and security token offerings while PwC Hong Kong covers governance, risks, controls, fees and compliance. The "Big Four" company began to take a lot of interest in the blockchain recently and a September report published by PwC on health care and ledger suggested that half of the world's health organizations are working on blockchain projects.

Blockchain used to track an art sale of $ 323 million: The Christie auction house has just sold the art collection of entrepreneur Barney A. Ebsworth for $ 323 million and has used blockchain to record sales transactions. The collection included pieces by Edward Hopper, Georgia O & # 39; Keeffe, Charles Demuth, Joseph Stella, Charles Sheeler, Willem de Kooning and Jackson Pollock, and although blockchain was used in gallery events before, it never happened at this level of price. The auction was carried out via a secure digital register managed by Artory which claims to use blockchain to bring "a new level of trust to the market".

Keep reading

[ad_2]Source link