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Tokenization of Real Life Assets through Blockchain: A New Trend in 2018

Asset Tokenization Using Blockchain: A New Trend in 2018?     In the beginning of December 2017, the president of Venezuelan and high-level government officials announced about their plans of issuing “petro” cryptocurrency that will be backed by 5.3 billion barrels of oil worth US$267 billion. Regardless of those news of government-oil backed cryptocurrency coming […]

Application of Blockchain Technology for KYC

Application of Blockchain Technology for KYC   The inception of blockchain technology manifested through Bitcoin, a peer-to-peer digital cash scheme where digital currency is transferred on a purely peer-to-peer basis, without the need of intermediary. Blockchain is a unique mix of several breakthroughs, including cryptography, distributed ledger technology and smart contracts.  These technologies enable the […]

Blockchain Technology – The Future “Beating Heart” of the Financial Sector

Blockchain Technology – The Future “Beating Heart” of the Financial Sector   Financial institutions around the world find themselves continually challenged by the emergence of innovative digital financial technologies that demonstrate new ways to deliver value across the entire financial value chain. Blockchain is just such a disruptive innovation. This technology that first became known […]

Chinese Social Network RenRen ICO Shutdown Within a Week After Governmental Intervention

RenRen ICO Shutdown Within a Week After Governmental Intervention To download the full article please visit with the following link.   Renren (NYSE:RENN) , formerly known as the Xiaonei Network, is a Chinese social platform that provided varies services such as peer connection, games, and livestreaming. At the beginning of 2018, RenRen released its white paper, […]

David Hong interviewed by Lawless Tech

State of the Chinese Regulations and Industry Insights from the Leading Chinese Legal Practitioner   Director of Business Development at Heyi Blockchain, has been interviewed by Lawless Tech. To access the full article please visit with the following link.     @lawlesstech February 10, 2018 China has a long tradition of blocking unwanted foreign websites by […]

Smart Contracts 101: Will It Replace Lawyers

Smart Contracts 101: Will Smart Contracts Replace Lawyers (By Charlotte Lian)   Introduction Smart Contracts and distributed ledger technology (‘DLT’) are gaining increasing levels of attention from a variety of industries that perceive it to be an efficient way to simultaneously cut costs through automation while also increasing the security of industry practices. Deceptively named, […]

Governmental Adoption of Blockchain: Part I

Governmental Adoption of Blockchain: Part I (By Johnny Hong)   Blockchain for Efficiency and Security Numerous nations across the globe are turning to technology to help optimize how governments operate and how they interact with their citizens. Estonia’s e-Government allows e-ID holding residents to perform actions ranging from voting to filing taxes to accessing medical […]

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