Blockchain Gaming versions to be LAUNCHED by ‘Atari’

Major giant game company Named ‘Atari’ famous for its video games like Packman and Tetris announced that they will produce and publish blockchain version of two popular games “RollerCoaster Tycoon Touch” and “Goon Squad”  globally, excluding China, Hong Kong, Taiwan, and Macau.
As previously reported, this February Atari saw its share price skyrocket by over 60 percent after announcing that it would be investing in cryptocurrency. This year, the firm also created its own digital currency, the Atari Token, and partnered with an online crypto casino.
With this new Blockchain Technology, a new era of Blockchain gaming has been started.

India’s Telecom Regulator Completes Mobile Blockchain Pilot with IBM

The Telecom Regulatory Authority of India (TRAI) has completed blockchain pilots with tech giant IBM to improve mobile data records.

The TRAI, India’s telecom regulator, along with major telecom providers, have completed tests with tech firms such as IBM in order to explore blockchain’s benefits in improving mobile network systems such as mobile number portability (MNP) and the Do Not Call Registry (DNC).

Sriram Raghavan, vice president of IBM Research, claimed that the company has carried out proof-of-concepts and pilots with “all the major telecom providers,” as well as the TRAI.

In late May of this year, the TRAI first announced its plans to implement blockchain in order to prevent malfeasance in the telecom industry.

 

Three cities gets its blockchain policy development

BeiShangGuang — has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within the country. Meanwhile, 11 projects are concentrated in three areas: Beijing , Shanghai  and Guangzhou. The publications states: “Blockchain technology [is aimed] to serve the real economy, focusing on the balance between innovation, regulation and security, and clarifying the bottom line of financial stability and information security.”

New decentralized exchange preview is out

Binance is the world’s largest cryptocurrency exchange. They revealed a second preview of its forthcoming decentralized exchange (DEX) in a video on december 4. The project is part of the wider Binance Chain initiative. Through this, the executives of the organization plan to support “millions” of crypto assets. Binance CEO Changpeng Zhao confirmed additional features like one-second block time for transactions and the ability for users to control their own funds. Decentralized exchange platforms differ from traditional exchanges in foregoing centralized databases and storage, with users instead controlling their private keys themselves. It contains a fresh user interface, wallet and block explorer for DEX

Airforce grad school sees a twist in education

U.S. Air Force Institute of Technology (AFIT) is the graduate school for the U.S. Air Force. They have developed a educational tool on blockchain for supply chain management. The report proposes that “blockchain will revolutionize […] the digital infrastructure for future supply chains.” AFIT states that blockchain’s “potential opportunities can be huge but not limited to, giving supply chain participants greater confidence in the digital records of their products, and efficiently preventing the “unscrupulous” re-use of substandard materials by immutably tracking their origin, production, and due disposal.” The Institute reportedly worked alongside SecureMarking to design the educational application.

The European union favours blockchain now!

Seven southern European Union member states have publihsed a declaration with the need for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4. The declaration was reportedly commenced by Malta and signed by six other member states, FranceItalyCyprusPortugalSpain and Greece, at the meeting of EU transport ministers in Brussels on Tuesday. The participating governments said that DLT –– one kind of which is blockchain –– could be a “game changer” for southern EU economies.

Blockchain’s phenomenal impact on german businesses

According to a recent survey,about one third of big businesses in Germany consider blockchain technology as fruitful as the Internet. With the addition of artificial intelligence (AI) and the Internet of things (IoT), blockchain technology is one of the current three areas of development with “tremendous potential,” the survey reports. Conducted by a German Federal Association focused on Information Technology, Telecommunications and New Media (Bitkom), the survey revealed that overall, 15 percent of German companies think blockchain will “change society and the economy as much as the Internet.” Larger companies, with 500 or more employees have probability which is twice as likely to hold that opinion, at 36 percent.

Strong enough to handle large sums

Switzerland’s Financial Market Supervisory Authority has published that Crypto-asset companies can now apply for licenses to handle as much as 100 million Swiss francs ($100 million) in public deposits under new regulations. Blockchain and cryptocurrency-related businesses that are granted the fintech licenses to manage large amounts of investor funds “may not invest” or “pay interest” on the deposits. Finma has also released a strict fiduciary and operational requirements for applicants. The license application must contain a detailed justification. The license application must contain a detailed justification and all relevant information must be documented, and changed documents must also be submitted with changes tracked.

New York Finacial regulator sanctions blockchain system

The Department of Financial Services of New York (NYDFS) has amended a blockchain-based digital platform given by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo told today that the department amended New York-based Signature Bank to offer its digital payment platform Signet in the state. The approved system reportedly uses blockchain technology to enable the bank  clients to “transfer ‘Signets’ to make payments with absolutely no transaction fees, at any time of the day, year-round.” The system reportedly allows funds “to be transferred in real-time between two commercial clients of Signature Bank, avoiding any dependence on a third party.” 

IOTA explains the profusion of ignorance and the iota of consideration the audience has over blockchain

The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain Development Kit (XDK), a programmable sensor device and IoT prototyping platform, in partnership with IOTA. A number of definitions for IoT exist, of which Ernst and Young (EY) describes it in the simplest terms: “The Internet of Things (IoT) describes the connection of devices — any devices — to the internet using embedded software and sensors to communicate, collect and exchange data with one another.” The industry has taken off significantly in recent years and estimations and predictions of its future growth and impact abound on the internet.