Blockchain 

Ho Chi Minh City to Develop Blockchain Regulations for Smart Cities

Ho Chi Minh City will develop a blockchain-oriented regulatory framework for the development of smart cities.  Tran Vinh Tuyen, Vice Chairman of the Ho Chi Minh’s People’s Committee, announced the news during the sixth annual international conference of Saigon High-Tech Park (SHTP), Viet Nam News reports Nov. 11. At the same event, the SHTP, an incubator for high tech businesses, signed a memorandum of understanding with South Korea’s CBA Ventures to promote the research and application of blockchain technology. Le Bich Loan, a senior exec at the Saigon Hi-Tech Park’s…

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Blockchain 

Blockchain May Kill Off the City of London and NHS

According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future.  He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this could result in a breakdown of the United Kingdom’s tax system, and ultimately the demise of the country’s National Health Service.  The straw that breaks the camel’s back Straw sees a huge potential for disruption if a scalable blockchain-based financial system gains popularity: “Let’s say that somebody actually does produce a…

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Blockchain 

City of São Paulo to Use Blockchain Registry for Public Works

The municipal government of São Paulo, Brazil, is going to use a blockchain registry for its public works projects. The Municipal Secretariat of Urban Infrastructure and Works contracted blockchain firm Construtivo to implement a blockchain solution for city hall, Cointelegraph Brasil reports on Sept. 1. Better transparency after past inefficiencies  The city has decided to implement a blockchain solution for public works after poor conditions forced the closure of several bridges and roads, despite significant public investment in their construction. According to Marcus Granadeiro, president of Construtivo, the platform will…

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Blockchain 

Manchester City FC Reveals New Partnership to Tokenize Its Players

English Premiere Leage football club Manchester City (Man City) has announced a partnership with South Korean blockchain football gaming startup Superbloke. Fans can support players through blockchain Under the partnership announced by Man City on Aug. 26, Superbloke incorporates the club’s players into its blockchain-powered soccer game FC Superstars enabling fans to support the athletes through online gaming. Following the partnership, Superbloke becomes Man City’s official blockchain-based Gacha partner in Korea, Japan and South East Asia, as the club announced. FC Superstars is an online collectible decentralized application (DApp) where…

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Blockchain 

New Blockchain-Based Smart City Project Planned for Cambodian Capital

A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital. As Tech in Asia reports on August 14, the 100-hectare mixed-use development in Phnom Penh encompasses residential properties, offices, retail centers, schools and a large-scale exhibition hall: it counts 10,000 business tenants and a daily population of 190,000. Limestone emerged from the first round of startups in the Singaporean government’s blockchain Tribe Accelerator, backed by government agency Enterprise Singapore.  Digital passports and wallets At the heart of the Phnom Phen…

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Blockchain 

Seoul to Release Native City-Wide Crypto as Part of Smart City Development

In a bid to transform into a blockchain smart city, Seoul, South Korea is planning to launch its own digital currency by November 2019. To facilitate engagement in the city’s governance As Australian finance-focused media outlet Finder reported on Aug. 7, the South Korean capital is looking to release a native city-wide digital currency dubbed S-coin, the objective of which will be to encourage citizens to participate in governance, facilitate cooperation between citizens and collect information. People will receive S-coins when using public services or fulfill their citizenship obligations such…

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Bitcoin 

Leicester City FC Renews Partnership With Crypto Investment Platform

On Aug. 2, English Premier League football club Leicester City FC announced the renewal of its partnership with multi-asset and cryptocurrency investment platform eToro.  EToro’s second season with the Foxes The Foxes’ head of partnerships Harj Hir added: “Our relationship with eToro last season was a really positive one so we’re pleased to renew the partnership and continue our work with such an exciting, innovative industry leader. The global reach of eToro is huge and we hope to further strengthen our relations with them as we embark on our second…

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Ethereum 

South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency

Busan, South Korea’s second most-populous city after Seoul, is considering the launch of a local cryptocurrency, Korean tech news publication ETnews reports July 1. According to the report, Busan city authorities are seeking to develop a blockchain-based digital currency project in collaboration with BNK Busan Bank, a subsidiary of local holding company BNK Financial Group. Specifically, Busan is reportedly developing a crypto project in the form of stablecoin, a cryptocurrency pegged 1:1 to the local currency in the BNK Busan bank account. By issuing a local digital currency, Busan expects…

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Blockchain 

Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China

Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20. According to the report, the smart city—dubbed “Innova City”—will be built with tech using PlatON’s blockchain infrastructure, for purposes like interfacing with city resident ID cards as well as monitoring driving behavior. The report includes a statement from Chief Innovation Officer at Wanxiang, Vincent Wang, who goes into more detail on such applications, saying: “Imagine a smart transit system that…

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Bitcoin 

Riviera Beach City Council Agrees to Pay $600,000 in BTC to Ransomware Attackers

The city council of Riviera Beach, Florida has agreed to pay nearly $600,000 worth of Bitcoin (BTC) to regain access to data encrypted in a hacker attack, the New York Times reported on June 19. On May 29, the city experienced “a data security event” when a police department employee opened an allegedly infected email attachment, which eventually resulted in the online system breakdown. The hackers allegedly encrypted government records, blocking access to critical information and leaving the city without an ability to accept utility payments other than in person…

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