blockchain Blockchain News thailand 

Thailand Revenue Department to Track VAT Payments using Blockchain

In 2014, the Revenue Department of Thailand had arrested many individuals and investigated about 60 companies for defrauding the department out of $18.29 million worth of baht in value-added taxes (VAT). Since and before, the department has been unable to track a majority of such tax defaulters, losing billions of dollars in the process. So could blockchain be the solution that could minimize tax frauds? The director-general of the Revenue Department believes it can. Ekniti Nitithanprapas, in his latest comments to the Bangkok Post, revealed that their department is conducting a…

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ADX blockchain Blockchain News ICO 

Abu Dhabi Bourse Issues Thought Paper as It Eyes Crypto Transition

Twitter Facebook LinkedIn Abi Dhabi Securities Exchange (ADX) on Tuesday issued a paper on crypto and distributed ledger infrastructure, Emirates News Agency reported. The “thought paper,” according to the $135 billion Bourse, identifies the technical and operational standards required to issue crypto-assets. It specifically assists financial institutions that are undergoing a transition from conventional asset issuance to more encrypted asset issuance. Rashed Al Blooshi, Chief Executive of ADX, confirmed that their latest announcement has appeared in response to the growing development of blockchain infrastructure in the region. He acknowledged how their…

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blockchain Blockchain News Ethereum News 

Milestones of ConsenSys-Led Ethereum Tools: Truffle, Infura, MetaMask

Twitter Facebook LinkedIn Ethereum co-creator Joseph Lubin-led ConsenSys, the largest blockchain software development firm in the world based in New York, has created three of the most widely utilized Ethereum products over the last several years. To many new cryptocurrency users and investors, ConsenSys, which houses nearly 1,000 developers, is unrecognized. But, day-to-day users of various blockchain projects are well versed in the work ConsenSys has done to improve the infrastructure of the blockchain ecosystem. At DevCon hosted in Prague, Czech Republic, ConsenSys founder Joseph Lubin presented the world’s most…

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Ajit Pai bitcoin blockchain Blockchain News netneutrality regulation 

Net Neutrality Killer Ajit Pai Casts an Eye over Regulating Blockchain

The man who killed net neutrality in the US is racing-up with innovations like blockchain to effectively regulate them. Ajit Pai, the chairman of the US Federal Communications Commission (FCC), said that his office would be looking into the emerging technologies for their potential impact on the telecom sector. Naming artificial intelligence, machine learning, and quantum computing alongside blockchain, the 45-year old telecom regulator added that their regulatory frameworks would evolve according to the growth of the firms in these “dynamic industries.” “We don’t have jurisdiction over these firms, but…

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blockchain instawallet Paymium 

Crypto Wallet Blockchain Files Complaint Against Copycat Website

Cryptocurrency web wallet provider Blockchain has filed a complaint in a U.S. federal court alleging attempted deception by a copycat website. In a blogpost, Blockchain — whose website is hosted at — identifies the platform,, as a deliberate impostor that is attempting to rebrand itself in order to continue in its usual insincere practices from years back. Deliberate Attempt to Mislead Blockchain’s major concern over this development as reported includes the fact that the establishment is confusing customers and misleading them into thinking that they are “Blockchain”. This…

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blockchain Blockchain News DLT education 

University of Malta Launches €300,000 Blockchain Scholarship Fund

Malta continues to take the lead in the cryptocurrency and blockchain sector with an interesting new development in the educational sector. The University of Malta and the Malta Information Technology Agency have signed an agreement where a fund of EUR300,000 will be made available for those students who wish to pursue their studies in blockchain and distributed ledger technology in the forthcoming academic year. The fund will be available for those students who will be specialising in ICT, law, finance and engineering. The scholarship fund, which will be split over…

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alibaba Bitcoin Opinion blockchain jack ma 

Bitcoin? Not For Me: Alibaba Founder Jack Ma

Get Trading Recommendations and Read Analysis on for just $39 per month. Chinese business magnate Jack Ma is confused by bitcoin and is not interested in learning more about the emerging cryptocurrency asset class, even though his company is pouring significant resources into blockchain development. Speaking with CNBC, the founder and executive chairman of tech conglomerate Alibaba, said that he was repeatedly asked about bitcoin at the World Internet Conference, which was held this week in Wuzhen, China. “I said honestly, I know very little about it, and I’m…

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