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Showing posts with the label Blockchain & Cryptocurrency

[CUBE NEWS] Seoul City to Invest 1.2 Million Dollars in Building Smart City | 서울시, 스마트 시티 조성에 1조 4000억원 투자

Seoul City is expected to transform itself into a smart city with 50,000 IoT sensors operated by 2022. On April 13, Seoul Mayor Won-soon Park announced his plan to invest 1.4 trillion won (≒ 1.2 million USD) by 2022 to create a smart city.
The core of smart city stressed by Mayor Park Won-soon on the same day is big data. The plan was to expand to 'smart administration' that collects urban data with 50,000 IoT sensors and establishes optimal policies for citizens' needs. In particular, the company said it will also establish a 'private, and public big data platform' by 2020 for joint use with private big data companies such as finance, distribution, portals and telecommunications.

In the transportation sector, the company will introduce 'IoT Shared Parking System' that checks whether a car can be parked in real time with IoT technology, including the world's first 5G Converged Self-driving Test Bed, and 'AI Taxi' service that connects drivers an…

[CUVE TV] Ep.2 part.1 What is Blockchain ?! | 블록체인이란 무엇인가 ?!

[CUBE NEWS] NH Nonghyup Bank, Launches the First ‘P2P Financial Certificate Blockchain Service’ | NH농협은행, 한국 은행권 최초 ‘P2P 금융증서 블록체인 서비스’ 출시

NH Nonghyup Bank recently launched 'P2P Financial Certificate Blockchain Service' for the first time in bank industry. "P2P Financial Certificate Blockchain Service" is a service that allows you to view the certificate of principal and interest receipt of investors of P2P finance (interpersonal transaction) through the application with NH smart bill.

The certificate of principal and interest receipt is a document that records the investment principal and interest to be paid by the P2P financial institution to the investor. It is now e-mailed or faxed by the investor or posted on the web page. Technology has made it easier and more convenient for users to check their investment rights through app.
Richard Biggs, CEO of Cube Intelligence, said: "Recently, we have been using blockchain technology in a variety of fields such as medical, healthcare, automotive, and finance. "Cube Intelligence will continue to strive to develop safe and convenient technologies bas…

[CUBE NEWS] Held Cube Tokyo meetup

March 26, Held Cube Tokyo meetup (Near Cube Tokyo office) About 30 participants participated in this event, and Cube had time to explain the business in Japan.
Cube Box, Cube Car, Autonomous Valet Parking were introduced, and had time to network and discuss ways to collaborate in the future.
Participants were government officials and construction workers, as well as former diplomats who were strongly influential throughout Japan. Further information about the attendees might be disclosed in case of future cooperation announcements.

지난 3월 26일 큐브 인텔리전스가 일본 도쿄 사무실을 중심으로 밋업을 진행 했습니다. 본 행사에는 약 30명 정도의 참가자가 참석하였으며, 큐브가 일본에서 하고자 하는 사업 내용에 대해 설명하는 시간을 가졌습니다. 
특히 Cube Box와 Cube Car, Autonomous Valet Parking에 대한 설명이 주를 이뤘으며, 참가자들과 네트워킹을 하며 향후 협력할 수 있는 방안 등에 대해 논의하는 시간을 가졌습니다.
참석하신 내빈으로는 일본 전국적으로 영향력 있는 전직 외교관을 비롯하여 정부 관계자, 건설사 직원 등이 있었습니다. 자세한 참가자에 대한 정보는 추후 협력 소식 등이 있을 경우 해당 관계에 대해 공개하도록 하겠습니다.

[CUBE NEWS] ‘Real Values’ in Blockchain Business After the 'Bubble' Popped | 거품 걷히니 보이는 블록체인 사업 속 숨겨진 옥석

In the global blockchain market, venture capitalists have invested about $3.9 billion in the past year. Investments are expected to continue to grow in the blockchain industry, and worldwide blockchain-related enterprises are expected to generate sales of approximately $6 billion by 2020 and $20 billion by 2030.
In this situation, the recent cryptocurrency market is a time when the bubble is bursting and the good blockchain technology and businesses are discovered. Particularly in many places, attempts to combine with various industries such as finance, security, medical, public, logistics, distribution, and energy are taking advantage of the blockchain technology that can reduce transaction costs and prevent forgery of data. The industry that exploits the advantages of this blockchain technology will affect everyday life from economic and social systems to lifestyle, and it is expected that it will bring big changes in users' daily lives.

Cube Intelligence is also investing in the …

[CUBE NEWS] KakaoTalk to Reveal Blockchain Wallet in June?

A blockchain based cryptocurrency wallet will be installed in June in KakaoTalk, a "national messenger in South Korea", which is used by about 44 million people in Korea. When the crypto wallet is added to KakaoTalk, all users of KakaoTalk now have a crypto wallet and can transfer digital assets as easily as sending cash like KakaoPay.

According to related personnel in the related industry, Kakao will install a crypto wallet in KakaoTalk along with the start of commercial service of blockchain network "Klaytn", which is being developed by the blockchain subsidiary Ground X. Klaytn commercial service is expected to start at the end of June.

"Klaytn is working as a crypto wallet," said several Klaytn partners who are developing a blockchain-based service with Klaytn. "KakaoTalk, which is already used by the entire nation, is best suited to use as a crypto wallet. " Users of existing KakaoTalk users can easily access the wallet by simply upgrading th…

[CUBE NEWS] Korean Financial Sector Is Now in a ‘Blockchain Wave’

Companies such as major asset management, investment, banking, and securities companies, which are at the center of the Korean financial sector, are speeding up the introduction of blockchain technology. To this end, major companies have been registered in lectures held by blockchain experts such as the Blockchain Investment Research Institute and the Korea Blockchain Association.
Listed companies are asset management institutions such as Korea Investment Management, Eugene Asset Management, and Hi Asset Management, financial institutions such as Korea Securities Depository, Korea Investment Corporation, Credit Finance Association and KB Securities, Hanwha Investment and Securities and Kiwoom Securities, and first financial banks such as Shinhan Bank, Kookmin Bank, KDB Industrial Bank, etc.

According to officials in the financial industry, Woori and KEB Hana Bank are considering a way of introducing blockchain technology into their own cryptocurrency or membership point system. The reas…

[CUBE NEWS] The Cryptocurrency Market Attracting the Attention of Governments around the World

In addition to the cryptocurrency business plans of global corporations that are being announced recently, the interest in cryptocurrency is increasing in various governments around the world such as Hong Kong, France, Singapore, and Japan.
First, in contrast to the passive United States, France is approaching strategically for the development of block chains and cryptocurrency. Recently, France is actively taking ICO into the system. The French government approved the "Action Plan for Business Growth and Transformation (PACTE)" legislation that allowed ICOs in September 2018, and the new legislation contains a significant easing of regulation to allow small-medium enterprises to grow.

 The Hong Kong Financial Futures Commission (SFC) has announced the issuance of licenses to Crypto Fund management companies. It is a showing of willingness to take the crypto fund into the system and manage it. As future digital assets become a new asset class, experts say that Hong Kong could…

[CUBE NEWS] Professor Ferguson at Harvard, a world-renowned economic historian, said, "I thought wrong, cryptocurrency is not a delusion.”

A world-renowned economic historian who was known as skeptical of cryptocurrency has recently revised his previous remarks and is now talking about the future of cryptocurrency.
On March 7 (local time), according to the ‘Cointelegraph’, Niall Ferguson, a world economic historian and Harvard professor, commented on cryptocurrency, "My past critics on cryptocurrency based on blockchain was my misjudgment. Cryptocurrency was not a delusion," he said.
Ferguson, who attended the 'AFR Business Summit' hosted by Australian Financial Review (AFR) in Australia, told this story at a private occasion.
Professor Ferguson, who has predicted the economic crisis from the historian's point of view and explained the new symbiotic relationship between the United States and China with the term "Chimerica," is also well known for the author of ‘The Ascent of Money’.
Ferguson said, "I may have made this prejudice about the knowledge of the monetary financial history I hav…

[CUBE NEWS] Samsung vs LG, the Beginning of Smartphone Wallet War?

Many of our readers and blockchain enthusiasts might have read the news that Samsung Electronics unveiled 'Galaxy S10 Unpacking' on February 20 (local time) in San Francisco, USA.
It was the ‘Galaxy Fold’ that got the biggest attention on the day. The foldable phone that naturally folded inside was more than enough to elicit participants' exclamation. It was a total intensifier of Samsung’s technology that they have accumulated so far.

And another, with this distinctive innovation that caught everyone's attention, Samsung quietly introduced a new cryptocurrency wallet. It is the 'Samsung Blockchain Keystore' which is mounted on the Galaxy S10.
Blockchain Keystore means the base where you can use or store cryptocurrency. Samsung Electronics is registering trademark rights to the European Patent Office in 2018, and it is the feature that attracted attention as 'Samsung cryptocurrency wallet'. It was the moment when rumors turned out to be truth.
But until two…