Dubai’s Department of Economic Development, or “Dubai Economy,” and the Dubai International Financial Centre are working to expand their Know Your Customer platform to financial institutions across the United Arab Emirates. The DIFC made the planned project expansion known via an announcement published on its website on April 6. According to the communique, both organizations have signed…
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United States aerospace and defense contractor Lockheed Martin has signed an agreement with SyncFab, a Silicon Valley distributed manufacturing platform, to streamline supplier capabilities across Switzerland, offering yet another tangible use case for blockchain technology. Under the new agreement, SyncFab will provide Lockheed Martin with direct access to its parts procurement and supply chain platform,…
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The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis. As more companies and organizations explore what the integration of blockchain technology can…
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Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified 8-K form filed with the United States Securities and Exchange Commission revealed MicroStrategy’s decision to dispense with cash bonuses and instead use Bitcoin to compensate those on the company’s board. The…
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A set of non-fungible tokens is set to be issued by the United States’ leading trading card maker Topps in partnership with Major League Baseball and MLB Players Inc. Topps’ flagship annual baseball card collection, now to circulate in NFT form, reflects the company’s pivot towards a digital transition and awareness of the growing and significant…
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