Companies

Blockchain technology has found applications in many industries, even the most unexpected. A recent study revealed that blockchain is going to become a disruptive force in the automotive sector. A major breakthrough is expected to happen within the next three years.

A Singaporean company is trying to find a permanent solution for locating data after a plane has crashed. This comes after flMH370 went missing. Flight MH370 carrying 239 people on board was reportedly coming from Kuala Lumpur to Beijing on Saturday March 8, 2014.  There is no available data about what really occurred since the information was kept on the plane in a device called the black box.

It’s now more than 12 months since rumours about how one of the giant financial institutions such as banks, and investment companies, would come out and open up a Bitcoin (BTC) business, and that expectation has thus far produced no significant results.

Ethereum (ETH) co-founder, Joseph Lubin, calls “the Cryptobottom of 2018.” He said this via a tweet on December 21, 2018. Last week was so fertile for most cryptos since their prices registered a significant surge and majority broke their resistance levels that were set previously.

All businesses operating in Italy that use crypto will not enjoy the full importance of decentralised economy. Firms based on the digital currency mechanism or using crypto won’t be qualified to register their commercial enterprises with Business Register. The Italian court judge made a ruling in a decree number 7556/2018 late November, 2018.

Italian authorities have come out to prohibit the sale of two dodgy crypto investments operating in the country for three months in an attempt to safeguard the local investors. The Commissione Nazionale per la Societa e la Borsa (CONSOB) is similar to the U.S SEC and is currently Italy’s main financial regulator.

LinkedIn has published its annual “Emerging Jobs Report” analyzing the data from Economic Graph and job opportunities companies posted on the social platform. It turned out that the top place is taken by the role of blockchain developer, as its demand has risen by 33 times over this year.

As very many bitcoin miners in the world have attempted to close down their mining equipment, other miners are doing everything possible to find alternative means of surviving. Iran has come out to attract overseas miners because of its $0.006 cost for each kilowatt consumed in one hour. This makes it one of the low-cost power activity in the country.

Digital asset institutional investors will soon be able to safekeep their holdings on a standardised, resilient, compliant and automated custody platform operated by Onchain Custodian (ONC), a Singapore company supported by Onchain.