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Blockchain spending in Asia Pacific, excluding Japan, (APEJ) is expected to reach nearly US$523 million in 2019, an increase of 83.9% from the US$284.8 million spent in 2018, according to the latest findings from the International Data Corporation (IDC)’s Worldwide Semiannual Blockchain Spending Guide. IDC, a provider of...
The Asia Pacific (APAC) subsidiary of Chinese energy firm Narada Power Source is teaming up with Singapore startup Electrify to deploy blockchain and Internet-of-Things (IoT) solutions for energy trading and tracking across APAC. Electrify has built a marketplace for electricity retail that uses blockchain technology to provide increased transparency and...
Bitspark, a bitcoin remittance startup headquartered in Hong Kong, has signed a Master Agreement with Vitaxel Group to enter the Malaysian market. The partnership will enable customers in Malaysia to access Bitspark's full services at local money transfer outlets and provide an option for individuals to utilize mobile payments. Founded...
The Commonwealth Bank of Australia (CBA) has partnered with think tank organization the Coalition of Automated Legal Applications (COALA) to run blockchain workshops in Sydney. The conference, called the Sydney Blockchain Workshops, will bring together regulators, policy makers and technologists to better understand the upcoming opportunities and challenges of blockchain...
Fintech investment in APAC has skyrocketed this year. Nearly US$3.5 billion has been invested so far; almost three times more than in 2014, according to a new report from Accenture. Entitled "Fintech Investment in Asia-Pacific set to at least quadruple in 2015," the report examines current fintech investments and predicts...