Australian Border Force to work with Singapore on blockchain-based cross-border trade

The Australian Border Force (ABF) has launched a trial with Singapore Customs to use blockchain technology for enabling simpler cross-border trade.

The project, alongside Singapore Infocomm Media Development Authority (IMDA), will use blockchain to test digital verification systems.

As regular readers of this publication will know, the Australian government has put an extensive roadmap in place to explore how the country can capitalise on blockchain technologies. The...

MIT paper says blockchain may ‘introduce additional problems’ for voting systems

A scathing report from researchers at the Massachusetts Institute of Technology (MIT) has noted moving from internet voting to blockchain-based voting may be 'going from bad to worse.'

The paper was authored by Neha Narula, director of MIT's digital currency initiative (DCI), Sunoo Park, Ronald L. Rivest, one of the creators of RSA encryption, and Michael Specter. The authors argued studies were 'inconclusive' with regard to online voting, potentially even increasing...

AP News publishes US presidential election results on blockchain for first time

As votes continue to be counted for the US presidential election - and some parties fear voting fraud - the Associated Press (AP) news agency has been publishing the results on blockchain for the first time.

The publisher is distributing race calls to Wiki-based online encyclopedia Everipedia, which has been using the EOS blockchain to generate edits and store information. Everipedia also looks to use an incentive system by providing editors with cryptocurrency.

In a...

Voatz says its blockchain voting platform complies with federal guidelines

Mobile voting provider Voatz has announced its platform is compliant with federal voting system guidelines, after 'comprehensive' testing by an independent lab.

Pro V&V, a software and systems third party test laboratory, authored a 47-page report which concluded that Voatz 'meets the applicable requirements set forth for voting systems' according to US Election Assistance Commission (EAC) guidelines.

The testing, which took five months, assessed Voatz in various...

China unveils blockchain committee with Huawei, Baidu execs and industry CEOs aboard

The central government of China has announced the membership of its national blockchain committee to help bring about standards in distributed ledger technologies.

The 71-strong group, according to a release published on April 13, includes various government staff, academics from technological institutes, as well as business. Senior executives from Huawei, Baidu and Tencent are on the list, as well as CEOs of blockchain and DLT startups in China, including Li Wei, CEO of Hangzhou...

ASX postpones launch of blockchain stock exchange programme amid Covid-19 pandemic

The Australian Securities Exchange (ASX) has announced the postponement of the launch of its blockchain stock exchange platform, the Clearing House Electronic Subregister System (CHESS), due to the current coronavirus outbreak.

In a press statement, the company said: “In light of recent events, ASX is re-planning the implementation of the CHESS replacement system. We are conscious of the importance of providing a new schedule, and the need to get the valuable input of CHESS...

Rhode Island General Assembly introduces blockchain bill

The Rhode Island General Assembly has introduced a bill, called the Rhode Island Economic Growth Blockchain Act, which aims at encouraging the state’s economy by ensuring that its regulations are friendly to blockchain innovators and providing a comprehensive regulatory technology sandbox.

The Rhode Island Economic Growth Blockchain Act revolves around four main areas: an economic growth blockchain act; setting regulations for the sale of hemp; regulation of virtual and digital...

Kaspersky unveils new blockchain-based voting machine – reports

Blockchain - voting

Kaspersky Lab has introduced a voting machine based on Polys, a blockchain-based online voting system.

Kaspersky’s new voting machine would work like distributed ledger technology wherein the votes would be encrypted and the link between the voters would be verified, after which they will be able to confirm their vote that has been recorded on the blockchain.

The new system would aim to help reduce the possibility of fraud by verifying voters, as they would be able to...

Tech Mahindra and Telangana government launch blockchain accelerator program

India-based IT service firm Tech Mahindra has launched an inaugural accelerator program called T-Block Accelerator for Telangana Blockchain District in partnership with the state government and IBC Media, an innovation management firm.

According to the company, the initiative is focused on startups that have a strong blockchain use case, boosting the growth of startups and contributing to overall industry growth.

With the help of this initiative, Tech Mahindra will...

Australia to ramp up blockchain efforts with new government roadmap

The Australian Government has put together a roadmap document suggesting how the country can capitalise from blockchain technologies in five years’ time.

The document outlines various areas where blockchain technologies could benefit Australia. For instance, product counterfeiting and substitution cost the Australian food and wine industry more than AU$1.68 billion in 2017 alone. Overall, the roadmap advocates use cases around data redundancy, information transparency, data...