Shell, BP Back Blockchain Platform to Modernize Commodities Trading Oil industry giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry by the end of 2018. VAKT Global, the consortium building the platform, revealed the news at a digital commodities summit hosted by…
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Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13.In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth…
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Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial Australia’s federal science agency and one of the biggest commercial banks in the country say they have completed a successful trial of a prototype blockchain app that aims to make money “smart.” The Commonwealth Scientific and Industrial Research Organization’s (CSIRO) Data61 division and Commonwealth Bank of Australia…
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