Blockchain News

Facebook’s parent company Meta has recently been granted a range of new patents in the US which reveals new details about its plans for building out technologies for the metaverse.

The South Korean government has pledged to spend USD 7 billion on public projects this year, a figure that will include blockchain spending. The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,” which will receive billions of dollars’ worth of further investment in the years up to 2025.

The South Korean central bank, the Bank of Korea (BOK), has officially begun testing its prototype digital KRW.

Within a little more than a year, Celo aims to become the fastest among EVM-compatible chains, while improved smart contract functionality is expected as well.

The Japanese IT giant Fujitsu is to embark on a blockchain technology-powered payment project at a major new commercial center in Saitama, some 30km from Tokyo.

Two Japanese firms have developed a blockchain-powered alcohol trading platform that they claim will allow alcohol-loving customers the opportunity to buy, sell, hold and haggle over barrel-loads of luxury liquor – just like trading crypto.

China’s blockchain technology ambitions may be even greater than once thought – with a media outlet claiming to have seen evidence of the Chinese Communist Party (CCP)’s blockchain planning.

The South Korean mobile carrier SK Telecom (SKT) has announced the launch of a blockchain-powered ID and authentication certificates service.

What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Financial – could well be back on at some point in the future, the nation’s central bank boss has hinted.

A largely state-run Russian energy firm is set to launch an energy buying platform that makes use of blockchain technology – but is seeking help from the private sector to carry out its plans.