– UAE aims to transform 50% of government transactions into blochchain platforms by 2021
– Sirin Labs has released its blockchain smartphone, the FINNEY
– SEC Chairman Jay Clayton has said he wants to see better market surveillance and custody for cryptocurrencies
– Huawei Cloud has announced the global launch of its Blockchain Service (BCS)
The United Arab Emirates government has unveiled two national initiatives focusing on strengthening the country’s positions in emerging technologies such as blockchain and artificial intelligence. It also aims to transform 50% of government transactions into blochchain platforms by 2021.
***
Sirin Labs, the blockchain startup funded by nearly $157 million in initial coin offering (ICO) proceeds, has released its much-anticipated blockchain smartphone, the FINNEY.
The smartphone has built-in cold storage crypto wallet, provides token conversion service, offers offers a marketplace for decentralized applications (DApps), and costs $999.
***
The Securities and Exchange Commission (SEC) Chairman Jay Clayton has said he wants to see better market surveillance and custody for cryptocurrencies before being “comfortable” with a bitcoin ETF.
***
Huawei Cloud, the cloud services arm of Huawei Global, has announced the global launch of its Blockchain Service (BCS).
The BCS was launched for commercial use in China earlier this year, and it is now available to a global audience. The service helps enterprises and developers to create, deploy, and manage blockchain applications.