Apple Taps Blockchain to Ethically Manufacture Your iPhone, Macbook

When you think of Apple, you think iPhone, iPad, or even privacy concerns. You probably don’t think conflict minerals used in the manufacturing of its devices or how blockchain could prove the cure for an ethical supply chain. Well, you should. The tech giant has filed a report with the U.S. Securities and Exchange Commission indicating it is studying ways to implement Blockchain in some form or fashion. Reading Between The Lines Apple submitted a filing called the “Conflict Minerals Report; Summary of Apple’s Commitment to Responsible Sourcing.” In the report, Apple did not say in any straightforward way that

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Germany Explores Blockchain Strategy as Bitcoin Wars Heat Up

Germany ― Europe’s largest economy ― may be hopping on the bitcoin bandwagon as it explores how to deploy blockchain across various industries. The German government has launched a consultation process in a bid to formulate a comprehensive blockchain strategy before the summer begins. Berlin is a tech hub that’s home to 170 startups that could use blockchain, the technology underpinning bitcoin. Government sources told Reuters that industry groups and companies have been invited to offer their recommendations for incorporating blockchain to bolster the German economy. Sources say there is keen interest from tech investors and market participants from a wide

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Mass Adoption is Coming: The Biggest US Automaker Turns to Blockchain to Help Save Millions in Identity Theft

General Motors Financial has partnered with blockchain company Spring Labs to help reduce identity theft. It’s a move that could potentially save the car maker millions of dollars in fraud costs. As CCN previously reported, 95% of carmakers expect to use blockchain technology in the next three years, but General Motors is leading the pack. The partnership will see GM Financial, the finance branch of General Motors, join Spring Labs’ Spring Founding Industry Partners Program. The initiative is designed to advance the role of blockchain in data sharing. This is a huge nod towards real-world adoption of blockchain technology. Very

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Here’s How the Gov’t of Seoul is Using a Public Blockchain in the Real-World

The government of Seoul is using ICON, the largest blockchain project in South Korea by valuation, to process information, issue documents, and conduct a wide range of administrative tasks. On February 8, the Seoul Metropolitan Government moved forward with its plans to develop a blockchain ecosystem with the people of Seoul by creating the Seoul Blockchain Governance Team. The Seoul Blockchain Governance Team is composed of 40 college students, 30 normal residents, 20 blockchain developers, and 10 industry experts. The team will develop, test, and deploy distributed ledger-based systems in the upcoming months for the government. Ultimately, the Seoul Metropolitan

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“The Crypto Bear Market Won’t Last” – Anonymous $200 Million Ethereum Trader Talks to CCN

A mysterious trader who made international headlines when he turned a $200 million profit trading Ethereum in a single month has agreed to speak with CCN regarding his latest investments and his outlook on the crypto market in general. With his identity hidden from authorities, the trader goes by the moniker 200M_trader. An early investor in crypto who started buying Bitcoin in 2011, 200M_trader brought the hefty sum of $55 million to the table when he started trading Ethereum and managed to turn that into $283 million within 30 days. CCN got in touch to ask about how hard the

“The Crypto Bear Market Won’t Last” – Anonymous $200 Million Ethereum Trader Talks to CCN by CCN

Marshall Islands to Issue Physical Banknotes for World’s First Decentralized National Digital Currency

The Marshall Islands will soon circulate physical banknotes representing the world’s first decentralized national digital currency. This is happening under an agreement with Tangem, a Swiss maker of blockchain-enabled smart card wallets for cryptocurrencies. “We are excited to partner with the Republic of the Marshall Islands to do something that has never been done before: issue a digital currency as official legal tender,” Tangem co-founder Andrey Kurennykh gushed in a statement. Smart Card with Microchip and NFC Antenna The physical banknotes will take the form of a smart card powered by a blockchain-enabled microprocessor. Tangem says its technology enables users to

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Nasdaq Just Gave its Biggest Nod to Cryptocurrency Yet

By CCN.com: Leading a $20 million Series B round of funding in capital market blockchain technology company Symbiont could arguably be Nasdaq’s biggest crypto play to date. It comes right after Nasdaq CEO Adena Friedman gave further clues to Nasdaq’s commitment to cryptocurrency and blockchain adoption this week. It could also mean Nasdaq will create

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Tron CEO Justin Sun Wants to Prove Crypto Is Not a Scam: Hires Former SEC Official

By CCN.com: Tron founder Justin Sun is out to prove that crypto is not a scam ― despite hyperbolic emotional protestations by haters that it is. To this end, Sun hired a former SEC employee to be the first compliance director for Tron, a blockchain platform for supporting smart contracts and high throughput. Sun believes that

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Did Bitcoin Cash Fail? 500 Days Since the Fork, it Looks Like it Did

Nearly 17 months after the contentious fork that gave birth to Bitcoin Cash, it may be safe to say that the entire purpose of the fork may have been defeated, rendering Bitcoin Cash as little more than just another altcoin. An examination of the available 500+ days worth of data on the bitcoin cash blockchain

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U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

United States Congressman Tom Emmer (MN-06) this week reintroduced a bill designed to provide regulatory clarity for cryptocurrency companies. Tagged the ‘Blockchain Regulatory Certainty Act’, it was initially introduced on the floor of the house in September 2018 alongside two other cryptocurrency-related legislative namely  a House resolution to express support for cryptocurrency and blockchain technology, and the Safe Harbor for

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