EU bullish on blockchain: 22 countries join Blockchain Partnership
Twenty-two countries signed a declaration on the establishment of a European Blockchain Partnership, the European Commission announced.
UAE government extends blockchain use, expects to save billions on document processing alone
The United Arab Emirates (UAE) has launched the "UAE Blockchain Strategy 2021", aiming to conduct 50% of government business at the federal level using blockchain technology by 2021. The adoption of blockchain technology is expected to save AED 11 billion (approximately USD $3 billion) spent annually on document processing alone.
Japanese chat giant Line sets up blockchain subsidiary in South Korea
Tokyo-based social messaging platform Line has launched Unblock, a blockchain subsidiary in South Korea, the company announced.
State-owned Russian bank Gazprombank to test cryptocurrency transactions in Switzerland
State-owned Russian bank Gazprombank (GPB) plans to trial cryptocurrency transactions through its Swiss subsidiary later this year, Gazprombank Deputy Chairman Aleksandr Sobol told Russian media.