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Tag Archives: State

West Virginia to Become First US State to Allow Blockchain-Based Mobile Voting

Following a pilot earlier this year, the state of West Virginia will become the first jurisdiction to allow its citizens serving in the armed forces overseas to vote using a smart phone application. The service provided by blockchain startup Voatz has already come under substantial criticism, however. Is Online Security Good Enough to Allow Digital Remote Voting? West Virginia will ...

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Indian State Government Launches Country’s First ‘Blockchain District’

The government of the Telangana, a southern Indian state, is partnering with a major IT firm to establish a district exclusive to blockchain startups in the state’s capital city. The Telangana State Information Technology, Electronics and Communication Department (ITE&C) has inked a memorandum of understanding (MoU) with multinational IT services giant Tech Mahindra to establish what is being billed as ...

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The State of Distributed Computing in Cryptocurrency

Distributed Computing is a concept which denotes the practice of utilising an interconnected network of systems to provide their combined power to remote users – but how is blockchain revolutionising this concept in 2018? Centralised Distributed Computing According to Statista: the present market leaders in the so-called ‘Public cloud software as a service (SaaS)’ market in 2017 were comprised entirely ...

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Australian State Government Invests in Crypto Startup to Promote Regional Tourism

The state government of the Australian province of Queensland will issue a grant to a crypto startup as part of over $8.3 million of innovation funding, according to an official announcement published August 1. According to the government statement, the TravelbyBit digital currency payments platform for the travel and tourism industry is one 70 companies that will receive Advance Queensland ...

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Indian State Embraces Blockchain Technology to Mitigate Fraud in Government

The Indian state of Telangana looks primed as a blockchain technology forerunner in the subcontinent. On July 26, 2018, state officials signed MoUs with various blockchain startups and consultants to augment the use of the burgeoning technology in administrative services. Bringing Transparency to State Administration As reported by Business Standard, Telangana’s I.T. and Industries head Jayesh Ranjan noted the implementation ...

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Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov’t Services

The Indian state of Telangana announced it will sign several memoranda of understanding (MoUs) with blockchain firms as to eventually implement the technology in state applications, local Indian news agency the Business Standard reports July 26. Telangana IT Secretary Jayesh Ranjan revealed that the state is planning to enter into MoUs with a number of blockchain-focused firms in order to ...

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South Carolina State Regulators Withdraw Enforcement Actions on Two Blockchain Startups

The Securities Division of the Office of the Attorney General of South Carolina has removed cease-and-desist orders against two blockchain startups, according to public documents published July 26. Today’s order removed a cease-and-desist order filed by the South Carolina Attorney General’s office against shipping platform ShipChain for violating the state’s securities statutes on May 21. Regulators initially accused the firm ...

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The State Bank of Vietnam Suspends Import of Crypto Mining Hardware

The Vietnamese central bank, the State Bank of Vietnam (SBV) announced it will suspend the import of cryptocurrency mining hardware, according to local news agency Viet Nam News July 19. The move followed an official request from the Ministry of Industry and Trade (MoIT), which suggested a temporary ban of imports of crypto mining machines, the volume of which reportedly ...

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Crypto to Expand Mobile Payments to Rural Networks Without State Control

China, which is on its way to becoming a cashless society, highlights how cryptocurrencies could be used for all global payments. However, the overreaching control of the Chinese state shows why cryptocurrencies are needed to maintain the financial freedom of citizens. Mobile Payments Used in Rural Villages Roughly two-thirds of China’s population use WeChat to make everyday payments by scanning ...

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