Blockchain Challenge Launched By Singapore’s Infocomm Media Development Authority

Announcements, Blockchain | March 30, 2018 By:

Singapore’s Infocomm Media Development Authority (IMDA) is launching a blockchain challenge that will reward successful projects with funding.

The IMDA is a statutory board of the Singapore government under the Ministry of Communications and Information (MCI). IMDA regulates the telecommunications and media sectors to safeguard consumer interests while fostering a pro-business environment.


Ford To Use Cryptocurrency For Car-To-Car Communication System

Announcements, News | March 30, 2018 By:

Detroit-based car maker Ford Motors has been granted a patent by the US Patent and Trademark Office (USPTO) for a crypto-fueled technology designed to facilitate “vehicle-to-vehicle cooperation to marshal traffic.”

According to the patent, the intended utility of the new technology is the alleviation of traffic congestion through communication between vehicles to facilitate the cooperative coordination of “platoons” of vehicles.


Blockchain’s Quantm Allows Investors To Own A Piece Of Your Home

Blockchain, FinTech, Investing, News | March 29, 2018 By:

Quantm Real Estate is a network for a membership-based real estate marketplace built on blockchain technology that facilitates the primary issuance and secondary trading of investment tokens backed by fractional equity interests in single-family residences.

The QuantmRE Network buys a small part of its members’ home equity in a shared equity transaction.


Crypto Exchange Upbit Offers Reward For Reporting Fraudulent Crypto Schemes

News | March 29, 2018 By:

South Korean cryptocurrency exchange Upbit has launched a program to reward users for identifying fraudulent multi-level cryptocurrency schemes and initial coin offerings (ICO).

Upbit, which is backed by South Korean chat giant Kakao, said that the number of illegal multi-level and Ponzi fraud cases has been increasing and its new system will attempt to “prevent damage due to fraud.” It is encouraging its users to participate in the new reward program in order to create a sound cryptocurrency ecosystem.