Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI

Opposition party members in the Luxembourg parliament are demanding specifics from the prime minister on a proposed e-government plan, according to a report by the Luxembourg Times on May 24. The plan reportedly centers on the implementation of blockchain technology, as well as artificial intelligence (AI) in government administration. The seat of the newly-created government position Minister for digitalization, Marc Hansen, said there will be an emphasis on improving data storage and transmission in the government with blockchain technology. Laurent Mosar, a prominent member of the opposition Christian Democrats party,…

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces, lifestyle magazine Robb Report reported on May 24. Founded in 1755, Vacheron Constantin is recognized as the world’s oldest watch manufacturer. The company plans to issue a paper and digital certificate to each of its vintage watches, and will use blockchain tech to integrate additional information into the certificate, including a complete history of the product and manufacturer. Vacheron Constantin reportedly said that blockchain will help fight counterfeiters and guarantee authenticity of its…

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24. A 51% attack occurs when someone controls the majority of mining power on a Proof-of-Work blockchain network. This means that the majority block verifier can prevent other users from mining and reverse transactions. While many have assumed that a 51% attack would be carried out with malicious intent, the above case happened as the two mining pools attempted to prevent an unidentified party from…

Blockchain Browser Brave Tests Crypto Tips for Twitter Users

Blockchain browser Brave is testing a new tipping function for social media platform Twitter on its Nightly version, it announced in a tweet on May 23. The post reads that users of Brave Nightly — the testing and development version of blockchain-based browser that blocks ads and website trackers — will have access to the browser’s new feature for tipping tweets with the Brave Rewards program. The feature is designed to award content creators with Brave native digital tokens, basic attention tokens (BAT). A related announcement on the project’s website…

E-Commerce Giant Alibaba to Integrate Blockchain Into Intellectual Property System

Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said that Alibaba is in the process of upgrading the filing of intellectual property rights by utilizing blockchain. Alibaba is planning to fully implement the technology in September, after which it will be expanded to digital copyright protection, including visual content. The system will purportedly allow electronic deposits from international brands to directly link…

Maltese Government Awards 19 Blockchain Scholarships Using DLT Fund

The Maltese government has awarded 19 students blockchain scholarships worth a total of 160,000 euro ($179,000), local publication the Malta Independent reports May 23. The scholarships were granted by Silvio Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, using the $351,000 scholarship fund that was set up by Malta Digital Innovation Authority (MITA) and the University of Malta in August 2018. According to the Malta Independent, all the awardees will further apply for a Master’s degree in blockchain and distributed ledger technologies (DLT), with separate groups of students…

State Street’s Blockchain Lead Departs to Build Data Privacy Startup

Moiz Kohari, State Street’s global chief technology architect, has traded his position at the custodian bank for a move into the startup world, he told CoinDesk. Kohari helped kickstart the bank’s wide-ranging technology transformation program structured on a bedrock of distributed ledger technology (DLT) from the point he joined State Street in September 2016. Prior to that, he spent five years as head of technology innovation for London Stock Exchange Group. While Kohari and the co-founders of his new project are officially in stealth mode, he said that at a…

PBoC’s Fintech Research Institute Is Hiring Blockchain Experts

A fintech research institute set up by the People’s Bank of China looks to be widening its blockchain development efforts. The Shenzhen Fintech Research Institute has just announced a total of 29 job openings via the recruitment website Lagou.com, three of which focus on blockchain-related expertise. Specifically, the institute is looking for a blockchain development engineer, a blockchain architect and a senior technical expert, who will be responsible for developing and optimizing a distributed network that will be capable of delivering “large scale transactions.” Based on the recruitment information, the…

PewDiePie Boosts Blockchain Streaming Platform with 67% Subscriber Spike

By CCN: Sweden’s Felix Kjellberg AKA PewDiePie, YouTube’s most popular streamer, has been up and running on cryptocurrency startup DLive for a little over a month and is already drawing in the crowds. DLive’s subscriber numbers are already up 67% since PewDiePie joined the platform. The company has not released official numbers regarding Kjellberg’s specific impact but it’s safe to say that most of their success can be attributed to Mr. Pie’s exclusive streaming deal. Signing established streamers will be key to stealing market share from current players like Twitch.…

Bitfury Partners With Kazakhstan-Based Financial Hub to Cooperate on Blockchain Projects

Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21. Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana International Financial Centre (AIFC) will apply Bitfury’s blockchain expertise in creating projects and promoting new startups on a global scale. In turn, Bitfury plans to launch data centers in Kazakhstan to gain exposure and cooperate with the Nur-Sultan city administration, as well as support the development and promotion of distributed ledger technology…