Toronto Stock Exchange Adds a New Blockchain ETF

Starting today, The Toronto Stock Exchange will list a new blockchain based ETF on their platform. ETF, which stands for ‘Exchange traded fund’ is “a marketable security that tracks an index, a commodity, bonds, or a basket of assets”. Unlike mutual funds, an ETF trades like a common stock on a stock exchange, and experience price changes throughout the day as they are bought and sold. The Horizons Blockchain Technology and Hardware Index ETF, which will join similar ETF’s from Harvest Portfolio Group Inc. and Evolve Funds Group Inc, aims…

India to Embark on Nationwide Blockchain Infrastructure Platform: Report

Niti Aayog, the Indian government’s think tank, is reportedly set to launch IndiaChain – a nationwide blockchain infrastructure that will enable both government and private companies to build applications on the platform The National Institute of Transforming India (NITI Aayog), India’s primary policy institute and think tank, is readying the launch of a ‘massive blockchain project’, dubbed ‘IndiaChain’, that will be deployed as an interoperable platform to allow private developers and companies to build blockchain-powered applications in the public domain, FactorDaily reports. The influential government think tank is also working…

Major Philippine Bank Taps IBM for Blockchain Remittance from Japan

The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Speaking to reporters on Thursday, RCBC first senior vice president Manny T. Narcisco revealed that the banking giant is developing the blockchain platform to enable cheaper and faster remittances for overseas Filipino workers (OFWs) in Japan. “For the OFWs in Japan, [this service] will make remittance faster and cheaper as we will collect less fees,” the senior bank official was quoted stating by…

Reality Shares Launches World’s First China Blockchain ETF

In an effort to take advantage of China’s innovation in the cryptocurrency sphere, asset management firm Reality Shares launched the first ever blockchain ETF for the country. The company says their goal is to “democratize the world’s best investing ideas.” According to a news release on June 20th, the Reality Shares Nasdaq NexGen Economy China ETF (Nasdaq: BCNA), will focus on Chinese companies committed to “developing, researching, supporting, or utilizing blockchain.” Investors can either speak with a financial advisor about adding the ETF to an account or invest directly on…

Brazil’s Central Bank Unveils Blockchain Data Exchange for Regulators

Brazil’s central bank has unveiled details of a newly-developed blockchain platform that will be used to facilitate information exchange between the country’s financial regulators. Dubbed ‘Pier’, the blockchain was developed by the Banco Central do Brasil (BCB)’s own IT department and will be used to share data securely between the central bank and other domestic regulators, the BSB said in an announcement. Specifically, Pier will allow for data exchange between the BCB, the Securities and Exchange Commission of Brazil, the Superintendence of Private Insurance and the National Pension Funds Authority.…

IBM Launches a Free Blockchain Program for Students in India

The rise of blockchain technology is fueling demand in relevant skill sets, with institutes and countries around the world launching educational initiatives. The latest to introduce such a program is the Indian state of Tamil Nadu. In collaboration with American technology giant IBM, India’s National Programme on Technology Enhanced Learning (NPTEL) launched a 12-week online course on blockchain architecture, design and uses, on June 19, 2018. The authority noted the benefits of blockchain technology, and acknowledged UpWork’s Skills Index for Q1 2018 which considers “blockchain skills” as the most “in-demand…

Active Blockchain Projects in Use? Logistics is Overtaking Finance

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Many predicted that finance would be among the first innovators in blockchain. Harvard Business Review concluded that education about blockchain is no longer lacking in finance as it is in industries like manufacturing, predicting we’ll see finance projects finished first. Part of that statement is true. Manufacturing has indeed fallen behind in understanding blockchain, but they’re much faster to move when they start. For example, the executive team of Saint-Gobain, a manufacturing giant located in 67 countries, recently met…

Brussels Airport Unveils Blockchain App for Tracking Cargo Movement

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Brussels Airport has launched an application based on blockchain technology meant to assist in tracking cargo movement from ground handlers to freight forwarders. The application will work in conjunction with BRUcloud, the open data management platform of Brussels Airport that is hosted on the cloud. BRUcloud, which is based on the data technology of Nallian — a supply chain collaboration platford aimed at the business-to-business market — was launched in 2016 for Brussels Airport’s cargo community. The blockchain-based app…

Denver Post Exiles Launch Blockchain-based Newspaper

Open Positions at CCN: Full Time and Part Time Journalists Wanted. A group of journalists who left The Denver Post over conflicts with the paper’s owner has joined a blockchain based startup that hopes to operate 1,000 publications this year, according to The New York Times. The former Denver Post staffers will partner with a startup called Civil Media Company, whose sole investor is ConsenSys, a blockchain technology company founded by Joseph Lublin, co-founder of Ethereum. The new publication will have a website with data written into a blockchain. Civil Media…

Ripple Donates $2 Million to Texas University’s Blockchain Initiative

Open Positions at CCN: Full Time and Part Time Journalists Wanted. One of 17 institutions chosen for Ripple’s $50 million academic pledge, the University of Texas at Austin will receive $2 million from San Francisco-based industry giant Ripple. The McCombs School of Business at UT will receive $2 million from Ripple over the next five years to fund research at the institution’s Blockchain Initiative program, a report by university student newspaper The Daily Texan has revealed. McCombs hosted its first blockchain conference in April 2018 to much interest among faculty…