– Forbes will publish its content on a decentralized network
– The Swiss Financial Market Supervisory Authority has issued the country’s first cryptocurrency asset management licence
– The United Arab Emirates will permit ICOs as a fundraising method for domestic companies
– IBM has launched blockchain-based food supply chain network
International business media outlet Forbes has partnered with blockchain-based platform Civil to publish its content on a decentralized network. The partnership will allow Forbes to experiment with and better understand how publishing content on the blockchain can increase trust with audiences.
The Swiss Financial Market Supervisory Authority (FINMA) has issued the country’s first cryptocurrency asset management licence, allowing Crypto Fund, a subsidiary of Zug-based Crypto Finance AG, to offer cryptocurrency investment services to institutional clients.
The United Arab Emirates has announced plans to introduce new rules that would permit initial coin offerings (ICOs) as a fundraising method for domestic companies.
Intended for introduction in 2019, the new rules would allow firms to raise capital via crypto token sales as an alternative to traditional methods such as IPOs.
IBM has launched blockchain-based food supply chain network, IBM Food Trust. European supermarket giant Carrefour has already joined the network.
“The blockchain-based cloud network offers participating retailers, suppliers, growers and food industry providers with data from across the food ecosystem to enable greater traceability, transparency and efficiency,” the official announcement says.