The United Arab Emirates and its neighbor Saudi Arabia launched a government-backed cryptocurrency to facilitate cross-border payments. The launch was part of a seven-point co-operation plan that was unveiled on Jan. 20th. Apart from cryptocurrency development, the rest of the plan includes a sort of customs union, which allows Saudi and Emirati small and medium-sized enterprises…
Hyperledger has launched a new tool for blockchain developers – a modular cryptographic library aimed to reduce work duplication and bugs.
Entertainment behemoth Sony Corporation announced Monday the development of a blockchain-based tool for the management of the rights to intellectual property such as music, videos, and written works. Sony: We Built a Blockchain for Music, Video Rights https://t.co/dqZkLr8Wiv pic.twitter.com/87JT5KCYqJ — Backbone (UK) (@BackboneUK) October 15, 2018 Sony: Blockchain ‘Lends Itself to Rights Management’ The immutability…
Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.