Crypto News Oil Platforms 

Thai Oil and Gas Firm Develops Blockchain-Based Renewables Platform

“Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) are jointly building a blockchain-based renewables platform” writes Ana Alexandre for cointelegraph.com. The new product will also be compliant with the International Renewable Energy Certificate (I-REC) Standard, which certifies renewable energy sources.EWF CEO Jesse Morris said that the blockchain-based platform will help to connect supply and demand for the certificates.The United States Department of Energy awarded a $1.05 million grant in August to organizations working to commercialize a blockchain-based energy transaction platform. Source: cointelegraph.com

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Crypto News 

Blockchain-Based App Gives Firms an Alternative to Pricey Online Ads

“Sessia also offers an easy-to-use e-shop builder that gives offline companies the chance to quickly start selling their wares online” writes Connor Blenkinsop for cointelegraph.com. According to Sessia, too many projects are struggling to preserve their profit margins because of the highly competitive, expensive nature of online advertising. Source: cointelegraph.com

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Crypto News Platforms 

Waves Platform and The Abyss to Jointly Launch Blockchain-Based Games Marketplace

“Open source blockchain platform Waves and blockchain game distribution platform The Abyss will jointly launch a blockchain-based marketplace of digital goods and in-game items” writes Ana Alexandre for cointelegraph.com. The integration of Abyss Tokens with Waves blockchain will allow game developers to incorporate Abyss Token operations directly into their Waves-based games.In a blog post published on Sept. 5, The Abyss revealed its collaboration with the Waves Platform, aimed at the development of a blockchain-powered marketplace of tradable goods and in-game items.At the time, a The Abyss spokesperson commented on the…

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Crypto Markets News Platforms 

Google’s Cooperation Agreement With Ubex Gives New Meaning To Blockchain-Based Programmatic Advertising

“The blockchain-based Ubex platform has reached a new milestone in the integration of its product into the global advertising ecosystem by signing a cooperation agreement with Google” writes Press Release for ccn.com. The cooperation agreement with Google involves the display of ads from Ubex advertisers on Google Ads channels with an audience reach of up to 90% of global internet users.By being included in the list of Google Ads’ official partners, the Ubex advertising platform will be able to display ads on over 50 billion apps downloaded via Google Play.With…

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Crypto News 

Swiss FINMA warns blockchain-based business models should not circumvent existing rules

“The guidance on virtual asset service providers (VASPs) concerns blockchain service providers such as exchanges, wallet providers and trading platforms” reports financefeeds.com. It requires that the existing rules on combating money laundering also apply to such service providers.FINMA notes that blockchain-based business models cannot be allowed to circumvent the existing regulatory framework.If the customer is conducting an exchange (fiat-to-virtual currency, virtual-to fiat currency, or virtual-to-virtual currency) and an external wallet is involved in the transaction, the customer’s ownership of the external wallet must also be proven using suitable technical means.Unlike…

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Crypto News 

Unity Unveils Patent for Blockchain-Based, Uniquely Identified In-Game Token System

“The Danish parent company of game engine developer Unity has applied for a patent related to in-game cryptocurrency tokens, documents from the United States Patent and Trademark Office revealed on March 5” writes William Suberg for cointelegraph.com. Unity Technologies, whose software its CEO says is used by about half of the world’s video games, is now targeting missing links in the in-game token market. “There are currently no known ways to assign objects (both physical and virtual) to unique identifiers and allow those objects to be altered, transferred, swapped, exchanged,…

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Crypto News 

Ruling Russian Political Party Launches Blockchain-Based E-Voting

“The ruling party of the Russian Federation, United Russia, has launched a blockchain-based platform for electronic voting, local news agency TASS reported on March 6” writes Ana Alexandre for cointelegraph.com. The primaries are a straw vote held by United Russia for nominating party candidates at all levels for the general elections.Last month, the city council of Moscow, Russia’s capital city, submitted a bill to use blockchain technology for an electronic voting system. Source: cointelegraph.com

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Crypto News Platforms 

Major Saudi ATM Provider Partners With Blockchain Identity Platform

“Saudi automated teller machine (ATM) provider Alhamrani Universal (AU) has collaborated with blockchain identity platform ShoCard to develop a blockchain-based biometric ATM, according to a press release published on Feb. 27” writes Ana Alexandre for cointelegraph.com. Recently, global computer tech giant Oracle announced the expansion of features on its commercial Oracle Blockchain Platform, including identity management and data integration features, such as enabling the integration of blockchain transaction history with other data resources.The collaboration will see AU and ShoCard create a new type of an ATM combining blockchain technology and…

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Crypto News 

Mark Zuckerberg mulls blockchain-based Facebook log-in as a more secure option

“CEO Mark Zuckerberg is mulling the use of decentralized technology for his social media behemoth” writes Aaron Hankin for marketwatch.com. Bypassing an intermediatory is the cornerstone of blockchain technology.On Feb. 4, Cheddar reported that Facebook had acquired the team behind Chainspace, a London-based blockchain startup. Source: marketwatch.com

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China: Guangdong Province to Use Blockchain-Based Electronic Tax Invoices for E-Commerce

“By using a blockchain-based electronic invoice platform, the taxation authority will reportedly improve the efficiency and transparency of the invoice services, the publication underlines” writes Max Yakubowski for cointelegraph.com. Guangdong Province, one the most populated region in China, has opened the first blockchain electronic invoice service for customers and merchants, planning to extend their experience to the large-scale e-commerce field.The Guangdong Municipal Taxation Bureau will implement an electronic invoice platform based on blockchain for the e-commerce industry, local Chinese news outlet Southern News Network reported on Feb. 18. As Cointelegraph…

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