Weekly Blockchain News 10/18/19-10/25/19

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Weekly Blockchain News 10/18/19-10/25/19

Seven articles on blockchain and data security and eight articles on the commercial applications of blockchain have been provided in the attached spreadsheet. Overall, it has been a very eventful week in the blockchain space. The articles we located can be found in this spreadsheet

Blockchain / Data Security

  • HTC releases a cheaper blockchain phone — HTC released the Exodus 1s, a cheaper version of its Exodus blockchain phone. Although the version has lower specifications than Exodus, it is now capable of running a full Bitcoin node.
  • University of Malta offers a Master’s degree in blockchain — The University of Malta has started offering a master's degree in blockchain technology called Blockchain and Distributed Ledger Technology.
  • Morgan Creek Digital has so far raised $61M for its second blockchain fund; targeting $250M — Morgan Creek Digital, a subsidiary of Morgan Creek Capital Management, has raised $61 million for its second fund investing in blockchain technology in just 6 days after starting the offering, with the final funding target set at $250 million.
  • CZ Claims Vladimir Putin To Be The Most Important Person In Blockchain — Changpeng Zhao, the CEO of the largest cryptocurrency exchange in the world, named Vladimir Putin as the most influential person in the blockchain industry and hinted that Russia could adopt cryptocurrency regulations in the near future.
  • How innovative blockchain technology is transforming telecom industry — A report by ITProPortal provides insights into how blockchain technology is being used in the telecommunications industry and lists various problems that the technology might be able to solve in the future.
  • Blockchain could destroy banks in London and impact tax collection, warns McKinsey senior advisor — John Straw, a senior adviser at McKinsey's London branch, warned that as blockchain technology continues to develop, it could threaten the existence of banks and therefore reduce tax revenue in the UK.
  • China's Xi urges acceleration of development of blockchain technology — China’s President Xi Jinping said, “[We must] clarify the main direction, increase investment, focus on a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation.”

Commercial Applications of Blockchain

  • The Chainsmokers co-found blockchain-ticketing startup Yellowheart — The Chainsmokers, an American DJ and production duo, co-founded a startup that aims to solve the problem of illegal concert ticket transfers.
  • LG, SK Telecom, Samsung to launch Korean blockchain identity platform this year — A consortium formed by LG, SK Telecom, Samsung Electronics and four of the five largest banks in South Korea announced that it will launch a blockchain identity platform near the end of 2019.
  • SMBC, Bangkok Bank complete blockchain trade finance test on Marco Polo Network — Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and Mitsui & Co (owner of Bangkok Bank) completed a test of a real cross-border trade between Mitsui and Indonesia’s Indorama Ventures on the Marco Polo blockchain network.
  • Opera 54 builds blockchain into browser — Opera integrated a cryptocurrency wallet that enables access to multiple blockchain services in its latest Android release.
  • TCS launches blockchain-based multi-brand customer loyalty platform on R3’s Corda — Tata Consultancy Services launched a blockchain-based multi-brand customer loyalty platform that makes uses digital tokens as loyalty points, making them fungible.
  • ING applies digital notary to blockchain transactions — ING Bank created a "zero knowledge proof" notary service to validate blockchain transactions on the R3's Corda blockchain without seeing their contents, solving a major obstacle for the wider adoption of the network.
  • Mobility company teams with blockchain groups for automated payments — Greyp, a mobility company and electric bike maker, partnered with two blockchain companies to create a system of automatic payments for its vehicles.
  • SoftBank, IBM to develop cross-carrier blockchain payments — SoftBank partnered with IBM to develop a blockchain system for mobile-phone customers to pay locally using their devices when traveling abroad.

Pop Culture This Week (10/19/2019 – 10/25/2019)

Research Strategy

Twitter does not have an explicit API to track retweet counts. The social media platform does not allow outside entities like statistics and analytics websites to track the retweets and other statistics for any timeframe longer than 24 hours. Therefore, determining the most retweeted tweet for the past week was impossible due to technical limitations. Media outlets and pop culture websites track the most retweeted tweets of all time, but that information is not relevant for the past week. Therefore, we have provided the most retweeted tweet for the end of the week, 10/25/2019, because that information is the only relevant publicly available information.