Hub

Philippines Department of Trade and Industry (DTI) recently signed a Memorandum of Understanding (MoU) with a United States startup, Monsoon Blockchain Storage Inc., to enhance the effectiveness of the technology implementation.

Georgia has concluded a new partnership with engineering firm  IOHK to turn the country into a blockchain hub. The Memorandum of Understanding was made on June 17, and will make the county’s Ministry of Sports, Science & Education apply a variety of 3G blockchain-supported initiatives.

The Most Serene Republic of San Marino, a country located on the Italian Peninsula, has finally approved the cryptocurrency and blockchain regulations that will be governing all the innovations and operations related to this technology. A new committee was also formed so as to develop the country’s position as the globe-top hub for innovative technologies. The country is preferably placed to become a worldwide hub.

Ireland is being seen as the next potential leader as far as the field of Blockchain technology is concerned. As a matter of fact, the majority potential citizens have already started to construct a strong foundation to make the initiative flourish.

Ohio, a state of the US, gave the world John Glenn, the Rock & Roll Hall of Fame and the Wright Brothers and, it is also planning to stake its claims as the “Silicon Valley of Cryptocurrency,” as soon as possible. Ohio – which is also well known by its official nickname “The Buckeye State” is optimistic that crypto and blockchain technology will more significantly reinforce the economy to better standards. Recently, these bulls allied in the fields of investments, innovation, public policy and education. Innovation has played a big part to obscure the bear market of digital currencies especially Bitcoin (BTC). Ohio is more likely to change its official nickname (motto) to ‘The BTC State.’

Representing itself as a true blockchain hub, Malta has been a home country to many crypto enthusiasts. One of them has put up for sale his ancient mansion that cost nearly $3 million. The palazzo is located in the country’s capital, Valletta, and can only be bought for virtual coins.

The Maltese government is creating its own Crypto and Blockchain tech regulation in advance of the Malta Blockchain Summit, driving towards its primary goal of becoming the world hub for Blockchain-based innovations.

British lawmakers said on Wednesday, September 19, 2018, that the digital currency market requires immediate regulations. The government should take an extra step to secure retail investors from unstable prices, technical vulnerabilities and set U.K to turn into a world leader in the Crypto sector, given its stead as a financial hub.

Nasdaq, the globe's second-biggest stock exchange, is purportedly considering adding tools to its Analytics Hub which will aid users in forecasting the price trends of Cryptos. Introduced in 2017, Nasdaq's Analytics Hub applies Natural Language Processing (NLP) and machine learning to ascertain information on social media platforms.