Month: May 2020

Alibaba Group, the massive China-based e-commerce giant, has reached a deal on the 28th of May, 2020, with its affiliate, Ant Financial, and China Merchants Port, the biggest port operator in China. This deal will allow for the development of a platform based on a blockchain network, which will then be used in a variety of different use cases.

Pushing For Advancements In Networks

Through coverage from a local media outlet, the platform was explained to allow its logistic companies, buyers, sellers, customs, banks, and tax officials to conduct imports and exports through contactless digital transactions.

The companies themselves will push for an in-depth integration of blockchain technology within the port industry at large. The overarching goal in this move, is to become the world’s first digital port with a blockchain-based, open collaboration network.

Aiming To Spread Data Across Whole Supply Chain

The report went into detail, stating that … Read more

BitBuy, a cryptocurrency exchange based in Toronto, will be offering complete insurance on all Bitcoin deposits, CoinTelegraph has reported on.

According to a press release shared with the publication, this insurance will be held in cold storage and is doable thanks to the group’s partnership with Bitcoin custody provider Knox.

Speaking on the matter is Alex Daskalov, the CEO of Knox, who had said:

“The funds that Bitbuy are transferring into our custody system are insured for the full value of the holdings, and this is effective immediately.”

As is always the case with cryptocurrency, the more security, the better. That said, this security shouldn’t be complex. Knox knows this, and is reliably building a space for users to store their assets.

Dean Skurka, the head of finance and compliance at the group, says:

“Knox has never lost Bitcoin, and this is an event with an especially low expectation. … Read more

Blockchain education is beginning to get more ground across educational institutions, and Australia is the latest country to embrace the trend.  RMIT University, a research and educational institution in Australia, announced that it launched two postgraduate courses in blockchain and cybersecurity. As the announcement explained, the courses will be coming in partnership with tech giant IBM, cybersecurity company Palo Alto Networks, and local independent innovation hub Stone & Chalk. 

Meeting the Increasing Demand for Cybersecurity and Blockchain Professionals

IMB has built a name for itself in the blockchain sector, with several innovations to boast of across the space. As RMIT’s press release explained, the courses will tentatively begin in October 2020, and should run for about nine months. The university explained that it launched the course in response to a growing demand for expertise in both fields as the global business landscape continues to shift online.

The announcement cited an … Read more