The Pandemic Is Prompting Asian Countries to Adopt Blockchain

The Corona pandemic prompted many Asian countries to adopt blockchain technology to secure their data via the Internet against hackers and cyber thieves, according to a report from the Nikkei Asian Review. This increase in adoption comes as The Business Research Company said the global blockchain market is expected to hit $15.88 billion in 2023….

PayPal and Venmo to Roll Out Crypto Trading

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter. Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto. “My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo,” a well-placed industry source told CoinDesk. “They are going to have some sort of a built-in wallet functionality so you can store it there.”

EY Japan To Use Blockchain To Fight Counterfiting of Japanese Sake and Fruits

EY Japan, the Japanese branch of global accountancy firm Ernst & Young, has announced plans to launch a blockchain system for tracking Japanese sake and fruit and preventing the sale of fraudulent or counterfeit products. According to Asian Nikkei Review, EY Japan’s SAKE Blockchain will be rolled out across Asia once the threat of the…

The Push for Adopting Hydrogen Fuel Cell Vehicles HFCV in Singapore

As Singapore seeks to move away from its dependence on gas towards renewable energy sources like solar, the transport sector is similarly undergoing the same shift towards alternative fuel sources. Alongside the increasing electrification in the transport sector, there has been renewed interest in the use of Hydrogen fuel cells vehicles, a move which may…

MetLife’s Blockchain Health Insurance Product Vitana Eliminates Claim

MetLife Asia’s Singapore-based innovation center, LumenLab, has begun testing the world’s first, automated insurance solution using blockchain technology to offer pregnant women financial protection in case of gestational diabetes, without ever needing to make a claim. The experimental product, known as “Vitana,” is Singapore’s first dedicated insurance product for gestational diabetes – a condition affecting…

Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…

Crypto Exchange Binance Is Setting Up Shop in Singapore

Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month. The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: “#Binance Singapore will come online in April. It will be our next Fiat…

Lessons For Forever – Jim Rogers

One of the most dangerous things you can do as an investor is to make money – because of what you might do next. And… has the world’s debt been put to good use? It doesn’t seem that way. Those are a few of the messages of legendary investor (and fellow Singapore resident) Jim Rogers,…

Singapore Emerges as Premier Blockchain Development Destination

Singapore is charging ahead as one of the most forward-thinking blockchain development zones on the planet. A recent survey from PwC found that respondents in Singapore had the highest level of trust in blockchain, at 37%. The city-state also has seen a massive influx of blockchain-focused investment capital this year, and a very supportive stance…

Moving back

Finally, moving back to India over the weekend.  Bringing to an end my 11 year old saga in Singapore 😉  Lots of packing done over the past 2-3 weeks.  Never knew that relocation was so tiring. Updates will be slow in the meantime (not that I have been any active in the past few months…

Universal Studios Singapore – 2012

Before leaving Singapore, i thought i would go around and see the last one place I hadn’t yet visited.  So off we went to the Universal Studios during the Chinese New Year weekend.  Contrary to what i feared, it was an overcast sky the whole day and had a cool breeze, so walking around wasn’t…

Return 2 India

The first major decision of 2012.  Yup its time for me to close my 11 years old chapter here in Singapore and move back to India.  It hasnt been an easy decision to take, but ya it took time to come to this.  Have been thinking about it for more than 2 years now.  The…