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Circle has joined industry body Global Digital Finance as a founding member to develop global rules and best practices for crypto firms.

ICON has recently been working with the Seoul government to release 3 blockchain apps, dealing with identification, voting, and S-coin payments.

Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning. SBI Holdings’ “S Coin” The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and settle payments of products on their smartphones. The translated release reads: “In this demonstration experiment, for SBI group employees, we will construct a mechanism that allows cashless settlement at ‘eating and drinking establishments’ in Roppongi 1-chome Izumi Garden Tower where SBIH resides, ‘Stamp Certification’. Through this demonstration experiment, I would like to study further possibilities and usefulness of block chain / distribution register technology in settlement field and lead to cashless promotion.” This new experiment will be conducted by the tech startup Orb and the fintech company Glory. Japan’s SBI Holdings says that it has installed its S coin on an automatic cash machine that was designed by Glory. The platform accepts credit cards and other payment means for its users to top up their smartphone wallets with S coins. SBI states that the S Coin platform has been specifically designed for the issuance of digital currencies that can be tailored for specific purposes. The press release states that the trio of firms will use this trial to see if it can meet the needs of numerous things envisioned. >> Cryptocurrency in India: Supreme Court to Hear Final Petitions Against the RBI Bitcoin Ban Japan’s SBI Holdings Looking Ahead After the trial, SBI looks to expand and promote the electronic currency settlement. The trio looks to create a cashless society by offering various settlement infrastructures. The company is looking at the shift in the fintech market and how users are using their smartphones more as payment devices, such as with Apple Pay. Featured Image: Depositphotos/© mrsiraphol Previous Juventus Football Club Will Launch Its Own “Fan Token” Next 3 Altcoins That Have Potential To Be The Next Ethereum Or Bitcoin If You Liked This Article Click To Share

Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event CryptoFinancing (Europe’s first ICO event now branded Tokenomicon) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat Ad honorem – Honorary Ph.d – Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation 4.0 programme. Chevalier (Knight) – Ordre des Arts et des Technologies at Crypto Chain University and on advisory board of Advisory Board Member of International Decentralized Association Of Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member at U.S. Blockchain Association. Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San Francisco, Santa Clara, Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich His network is global and extensive. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications.  He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

A token or an ICO token is an entity with a value specified by the issuer of that token. Suppose if that token is for a fashion boutique then that token can be equal to one dress or in case of high tech-startup, the value can be the licence for a year

Achieving consensus using blockchain technology can be achieved in many ways. The Hedera Hashgraph project is taking a unique approach. Its mission is to establish trust between parties without having to know the other party. The platform has some interesting selling points which could introduce positive changes moving forward.

One of the key aspects of cryptocurrency is decentralization. Distributed ledger technology and virtual currencies allow people to gain control of their economic actions. One of the highlights of this incredible technological revolution is that the average person can invest in some major projects via ICOs (initial coin offerings). However, things are changing as the little guy is starting to get squeezed out.