VeChain and Chinese firm partner to manage digital publication

VeChain announced partnership with Hubei Sanxin Cultural Media Ltd. to manage digital publication industry using VeChain Thor blockchain technologies
08 January 2018   800

Hubei Sanxin Culture Media Co., Ltd. is headquartered in Wuhan East Lake High-Tech Development Zone, in Hubei Province, and it integrates sales modes with various types of library resources, integrates the library management and service system products to form a complete library service system.

On January 6, VeChain has made an announcement stating that it partnered with Hubei Sanxin Cultural Media Ltd. to develop a series of solutions using VeChain Thor blockchain technologies for the proof of origin, the supply chain management and the accounting of digital publication and digital books distributed by Hubei Sanxin Cultural Media Ltd.

At the moment of press, these are main market parameters of VeChain:

  • Average price: $4,20
  • Marketcap: $1 164 773 195
  • 24h volume: $133 023 000

Japanese 'Money Forward' to Launch Crypto Exchange

Money Forward Financial is going to launch a media crypto platform this summer, and afterwards - a digital assets exchange
24 May 2018   63

The operator of the popular application for personal finance management Money Forward Inc intends to launch a cryptocurrency exchange this year, BC Focus reports.

Japanese fintech-company has been working in this direction since December last year. To implement the plans, the company has already registered a subsidiary division called Money Forward Financial.

Money Forward Financial is going to launch a media cryptocurrency platform, and afterwards - a digital assets exchange. In the future, the company plans to create a number of more advanced solutions for working with crypto-currencies, including automated payment systems and various analytical tools.

Currently, the customer base of the company has about 5 million users. The cloud application of Money Forward Inc for tax accounting and financial management is used by 500,000 Japanese companies and 2,400 accounting firms.

Big Japanese financial institutions are making steps to cryptocurrency business. Mitsubishi UFJ Financial Group (MUFG), world's 5th biggest bank has announced plans to introduce own cryptocurrency by 2019.