Information Technology

News on Information Technology in Crypto Industry

Blockchain-enabled IT Innovation Introduced by the Moscow Government

Blockchain-enabled IT Innovation Introduced by the Moscow Government

The municipal government of Moscow have revealed their plan to launch a blockchain-powered city innovation cluster on this coming summer of 2019. The platform will allow the participants to search for the potential partners to learn about their products and equipment, it was confirmed by the Head of the Department of Business and Innovation of Moscow, Alexey Fursin.

Coinsquare Layoff More than 40 Employee

Coinsquare Layoff More than 40 Employee

A message has been posted on LinkedIn by the Head of Talent for Coinsquare, Martin Hauck regarding the company’s plan to layoff approximately 40 employees. Hauck in the post has explained, “In an effort to assist those affected, we’ve shared profiles this way. In the event, your company is hiring, or in a position to support them, message me directly…”

LocalBitcoins.com Attacked by Hacker Last Weekend

LocalBitcoins.com Attacked by Hacker Last Weekend

A well-known peer-to-peer platform, LocalBitcoins have recently announced that they have been attacked by the hackers last weekend. In a post on Reddit, “We would like to inform that today 26.01.2019 at approximately 10:00:00 UTC, an unauthorised source was able to access and send transactions from a number of affected accounts.”

Microsoft Japan Partners with DLT Company to Accelerate Blockchain Adoption

Microsoft Japan Partners with DLT Company to Accelerate Blockchain Adoption

A collaboration has been established between Microsoft Japan with a blockchain firm named LayerX to accelerate the adoption of blockchain technology in the country. The goal of the collaboration is to integrate the blockchain technology into the citizen’s daily lives. Japan has also stepped-up its strategy to lead the blockchain industry in the Asia continents and around the world.

Walt Disney Partners with Verizon Collaborate for 5G Technology

Walt Disney Partners with Verizon Collaborate for 5G Technology

A partnership has been established between Verizon Communications and Walt Disney Studio In exploring the 5G technology possibility of implementation in the entertainment and media industry. The collaboration made will enable the Disney’s StudioLab to use Verizon’s next-gen 5G wireless network which has been launched to force cities since last year.

Sepior & Japan’s SBI Collaborate to Develop Secure Wallet

Sepior & Japan’s SBI Collaborate to Develop Secure Wallet

A collaboration has been made between Sepior ApS and the SBI Group in developing a secure online wallet for Japan’s first bank-backed, government licensed cryptocurrency exchange. CEO of Sepior, Ahmet Tuncay explained, ”… SBI Virtual Currencies operates the first bank-backed, government-licensed cryptocurrency exchange in the most active cryptocurrency trade region in the world.”

Bloom Eyes Expansion Plan for Southeast Asia

Bloom Eyes Expansion Plan for Southeast Asia

A money transfer company headquartered in the Philippines, Bloom established a partnership with a fin-tech firm to adopt the innovative technology of blockchain for its Southeast Asia expansion. The CEO Stevie An explained, “Bloom is a trustworthy company and has never had a problem in the past two-and-a-half years with more than 100,000 remittance transactions to the Philippines.”

OmiseGo Visions to Expand Op to Asia-Pacific Region

OmiseGo Visions to Expand Op to Asia-Pacific Region

The firm visions to develop an open payment platform and decentralised exchange on the Ethereum public blockchain based in Thailand have revealed their plan to expand the business into the Asia-Pacific region. OmiseGo has also shared in their official website that its platform aims to enable financial inclusion and interoperability through the public, decentralized OMG network.”

Top Guns to Resign From Bitmain

Top Guns to Resign From Bitmain

The top executives of a mining firm headquartered in Beijing named Bitmain, Jihan Wu and Micree Zhan was rumoured to resign from their position due to poor financial performance. In an interview Bitmain commented, “Thank you for your attention, but we have no words at this point in time. It would be better if you refer to the prospectus.”

Australia Crypto Firm Denies Allegations

Australia Crypto Firm Denies Allegations

A Sydney-headquartered cryptocurrency firm, Power Ledger has denied the allegation on manipulating social media accounts. Its founder Jemma Green explained, “The means by which they did so were outside of our control, and we made it clear that our core supporters who believed in the project and the future of renewable energy were the main audiences for this program.”