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Binance Is Being Targeted Global By Regulators; Rolls Out CipherTrace Traveler For Compliance With Travel Rules

The day has finally come where Binance is being targeted by several countries’ regulators for operating an exchange without proper oversight in their eyes, which allows money laundering and illegal futures trading. Binance has recently been put under scrutiny by the U.S., UK, Singapore, Thailand, Canada, Japan, India, and now they can add the Cayman… Read More

Central Bank of Thailand Helps Issue World’s First Blockchain Saving Bonds

With support from IBM, the Central Bank of Thailand has launched the first blockchain-based platform in the world which allows the issue government savings bonds. Approximately a $1.6 million USD in government savings bonds have been issued during the last two weeks through this channel. This is the result of a tight collaboration between several parties…. Read More

Blockchain Helps Trace Thai Rice – and Makes the System Much Safer

The Thailand Trade Policy and Strategy Office recently revealed a plan to incorporate blockchain technology in tracking exported agricultural goods to enhance its credibility. One of the first products to be tracked with the blockchain platform would be organic rice. The proposal is undergoing the budget approval stage, and TPSO is putting more effort discussing… Read More

Blockchain Health Passports Demonstrate Dangers of Centralized Authority

A recent blockchain-powered app that allows the storage of medical records for verification, especially COVID-19 tests, is clearly not what the creators of Bitcoin had in mind when they developed blockchain technology. The AOKpass appears to be the thin end of the wedge for a much higher level of centralized authority. Developed by Perin, the purpose… Read More

Power Ledger Expands Global Renewable Energy Marketplace

Recent blockchain-based developments from Power Ledger enable the renewable energy technology it has been working on to be applied to different areas in the power generation ecosystem. A recent announcement revealed that the Australian blockchain company Power Ledger is working on the launch of a marketplace targeting trading renewable energy certificates (RECs) across Asian regions,… Read More

Thailand’s Central Bank Takes a Close Look At DeFi Use Cases

Smart contracts and decentralized finance (DeFi) became a hot topic in Thailand blockchain industry when the national central bank expressed interest in applying these innovations to the Digital Baht, Thailand’s digital currency. The news is based on statements made by Vijak Sethaput, an executive at the central bank, in an interview chaired by the global… Read More

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