[ad_2][ad_1] Reports say Venezuelan state-owned electricity company Corpoelec is disconnecting bitcoin mines in Carabobo state on the orders of the authorities. The power outages come amid reports that the government and Corpoelec officials are planning to meet with mine operators. According to a report citing an anonymous source, the goal …
Read More »China’s leading state-owned bank uses Blockchain to sell $ 3 billion worth of bonds
[ad_2][ad_1] China Construction Bank, one of the nation’s four large state-owned banks, partnered with a Hong Kong-based fintech company Fusang launch the sale of $ 3 billion worth of debt securities using blockchain in hopes of reducing the costs of services traditionally associated with financial intermediaries. The digital bonds, which …
Read More »KfW, test institute of the German state-owned bank, Blockchain app for the management of public finances in Burkina Faso
[ad_2][ad_1] The main German state bank KfW and the Burkina Faso Ministry of Finance will test a blockchain application for public finance management, according to a statement published on Monday 17 December. KfQ, ranked in 2017 as the third largest bank in the country by total assets, had already signed …
Read More »Singapore's state-owned investment company supported R3 as part of the blockchain and AI-focused strategy
[ad_2][ad_1] Singapore State Investment Company Temasek Holdings Pte has invested in blockchain enterprise software companies and the global banking consortium R3, according to a Bloomberg report on 22 November. Temasek is an investment company owned by the government of Singapore, which has declared that its portfolio focused on Asia will …
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