Blockchain: Last Week Updates. #SDdigest
Find out the latest updates and trends in the world of digital assets through our #SDdigest.
South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed the ‘Future Micro Grid’. It will create an ‘open energy community’ that will bring together elements of existing microgrid technology with a blockchain implementation.
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members. The shipper is developing its own digital cash, pegged to the U.S. dollar to avoid wild swings in value.
The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies.
The Malaysian Ministry of Education is turning to blockchain technology to combat degree fraud in order to maintain the integrity and reputation of universities in the Southeast Asian country. This has seen the ministry unveil an issuance and verification system for university degrees based on the NEM blockchain. Malaysia’s Ministry of Education said:
IBM and Columbia University announced the introduction of two new blockchain startup accelerators as critical components of their center for research, education, and innovation in blockchain technology and data transparency. The joint venture will provide 20 entrepreneurs and blockchain network founders worldwide with access to the assets, knowledge, and support they need to build sustainable blockchain businesses and enterprise-grade blockchain networks.
French Prudential Supervision and Resolution Authority (ACPR) has granted permission for tobacco shops in the country to sell bitcoin from January 1, 2019. Commenting on the choice of tobacco shops as a vehicle for selling bitcoin, Adil Zakhar, one to tobacco shops director for strategy and development, said:
Realizing the need to safeguard the reputation and integrity of Malaysian universities, the Ministry of Education has taken a decisive action to prevent such degree fraud which also cheats and unfairly disadvantages genuine students.
Tobacco shop owners are the best channel as they are trusted by customers and they are used to sell vouchers such as credit for mobile phones.
The University of Tokyo opens up a blockchain course called “Blockсhain Innovation Donation Course” at its graduate engineering school, thanks to an $800,000 donation from a consortium that includes the Ethereum Foundation and Japanese banking juggernaut Sumitomo Mitsui.