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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Blockchain 

‘Smart Dubai’ Initiative Receives a Boost as DAG Platform Comes On Board

A DAG blockchain platform that can operate as the IT infrastructure for smart cities has announced a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum — paving the way for an operational presence in Dubai. The Fantom Foundation says its protocol is designed to operate as the information technology infrastructure for smart cities that will make the lives of people living in urban areas easier — enhancing everything from health care and education to traffic management and environmental sustainability. Recently, the Unites Arab Emirates unveiled its “Smart…

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Ethereum 

Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET

Developers can now write smart contracts in C# on Microsoft’s .NET architecture. Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft’s .NET architecture, according to a press release shared with Cointelegraph on July 3. The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts in the programming language C#, a general-purpose language originally developed by Microsoft within its development platform .NET. This will purportedly allow enterprises to deploy smart contracts on one underlying general-purpose…

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Bitcoin 

Crypto Platform Launches Smart Trading Feature to Speed Up Process of Buying and Selling

A crypto platform has unveiled a new Smart Trading feature that enables existing strategies to be executed with ease — cutting down the steps required to complete a trade so that users can react faster to ever-changing markets. Through Kryll, crypto enthusiasts can easily choose the exchange they wish to use for buying or selling cryptocurrency, their desired trading pair and the amount they wish to transact. From here, buy targets and stop-losses can be added instantly. For those who wish to embark on more complex strategies, an advanced mode…

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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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Blockchain 

Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability

Blockchain software firm Digital Asset has partnered with Amazon Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by a Cointelegraph correspondent at the IMN Synchronize Europe Conference in London on June 18. The partnership will enable multi-platform DAML support for various blockchain networks, notably including Hyperledger Fabric and blockchain consortium R3’s Corda, both specifically cited in the press release. Introduced in April 2016, DAML is an expressive language designed for financial…

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Blockchain 

Enigma’s Ethereum-Based Private Smart Contract Testnet Goes Live

The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11. Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network once Enigma has been implemented on the mainnet. The newly launched network reportedly enables privacy for general computations, which enables DApp developers to create secure applications, according to the post. The author of the…

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Blockchain 

Honda And GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20. As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. Specifically, the companies intend to develop data retrieval methods between electric vehicles and smart grids, which will purportedly enable electric vehicles owners to earn fees from storing power in car batteries and exchanging it with…

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Blockchain 

Cryptocurrency and Smart Contracts Will For Sure Enter Into Society, Says Senior UK Lawyer

One of the United Kingdom’s most senior lawyers said in a speech on May 2 that cryptocurrency and smart contract use will inevitably begin, but regulations are needed. Addressing the University of Liverpool School of Law and the Northern Chancery Bar Association, Sir Geoffery Vos, Chancellor of the High Court, dedicated time to exploring necessary changes in order for smart contracts and crypto assets to become widespread. “My starting point is to ask why smart contracts have taken so long to become ubiquitous,” he began. Vos continued: “We have been…

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