Seoul’s Artbloc to Offer High-End Art Using Blockchain-Based Fractional Ownership

A Korean start-up will be fractionally selling two works by David Hockney in September. Gangnam, Seoul-based Artbloc this month acquired Focus Moving, 2018 and Pictured Gathering with Mirror, 2018. It will be issuing 8,500 tokens for the former and 5,000 for the latter and offering the tokens during an event to be held at Lounge […]

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These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, […]

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South Korea’s Shinhan Brokerage to Offer Blockchain-Based Securities Lending

Shinhan Financial Investment will soon be offering peer-to-peer (P2P) stock lending via the blockchain. When the new service is introduced this year, individuals will be able to borrow and lend securities with other individuals directly, rather than going through an intermediary. The Economic News and other local Korean media reported the news. Securities lending and borrowing transactions are […]

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Apple Patent Filing Hints at Blockchain Use

A new patent application from U.S. electronics giant Apple points to the potential use of blockchain within a prospective system for creating and verifying timestamps. In an application released by the U.S. Patent and Trademark Office on Thursday, Apple details a program able to certify timestamps by combining aspects of blockchain technology with Public Key […]

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