Blockchain Innovation Centre by Fujitsu to open in Brussels

The new venue is going to be hub for partnerships and collaborations on blockchain projects and explore its potential
22 March 2018   414

Fujitsu announced the opening of Blockchain Innovation Centre in Brussels on March 21. The centre is supposed to gather Fujitsu external partners under one roof and have them team-up to tackle issues with the potential of the blockchain technology. The addressed ssues will range specifically beyond just finances, for instance logistics, real estate ownership, voting ID and smart contracts.

Belgium is the ideal place to establish an international competence center such as the Fujitsu Blockchain Innovation Center. Belgium is located in the center of Europe. Moreover, Belgium’s economy is driven by innovation. Furthermore, our people have great language skills, which make them great collaborators in any multinational company or international project. It is important that all levels of government continue to actively work with innovative companies to sustain the overall economic fabric in Belgium.

 

Kris Peeters

Deputy Prime Minister of Belgium

 

Among the possible applications, one particular area of expertise is very attractive to Fujitsu - Smart Cities. The area considers a full circle of development from design to implementation with attention not only to technology, but also different aspects of the future cities, i.e. sociological and demographic factors, societal organization, economic functioning and ecological challenges.

We believe that blockchain will play a crucial role in the development of Smart Cities. According to the National League of Cities, more than half the world’s population currently lives in urban areas, and this proportion is expected to increase to 66 per cent by 2050. This development will drive the need for cities to adapt and evolve into Smart Cities, which combine ICT with infrastructure and architecture to address social, economic and environmental problems. The use of blockchain technology, with its potential in public ledger and voting ID, and its capacity to automate processes and auditing in smart contracts, will doubtlessly play an important role in this changing ecosystem.

 

Frederik De Breuck

Resales and Business Assurance Director, Fujitsu Benelux

The centre will support and encourage research and fund the innovative projects both in Brussels and other cities.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   140

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.