transparency News

Legislators in the United Kingdom have embarked on new legal reforms to afford authorities more power for crypto regulations. Lawmakers say they seek to bear down on kleptocrats, organised criminals and terrorists. UK Parliament receives Bill for stronger crypto regulations…

Blockchain technology is an open, shared ledger system that makes transaction authentication very safe and reliable. As materials, goods, components, and funds move through the manufacturing supply chain, blockchain technology can be used to make the process more transparent, scalable,…

Payments fintech company Circle revealed a breakdown of the assets backing the dollar-pegged stablecoin USDC, as part of efforts to ensure transparency and accountability.  Assets Backing USDC Stablecoin  In an attestation report by major accounting firm Grant Thornton, the company…

Finland-based shipping company, Viking Line, recently became the world’s first shipping firm to receive verification from Vechain-backed international registrar and classification society DNV GL.  Viking Line Makes History With DNV GL’s My Care Verification The shipping company announced the news…

CoinMarketCap, a market capitalization tracker, announced in its sixth Anniversary blog post on May 1, 2019, that it will be removing exchanges from its calculations that fail to provide necessary data. Behind the Story Established in 2013 by a solo…

The Commonwealth Bank (CBA) announced on July 30, 2018, the successful completion of a test shipment utilizing blockchain technology to track the end-to-end supply of an almond crate. Almonds Meet Blockchain As stated in an official post, CBA sent over…