E-Livestock Global Uses Blockchain Technology to Facilitate Agriculture
宏观新闻 General News
Dolce & Gabbana Launching NFT Collection
“Dolce & Gabbana is jumping into the world of NFTs with its very first digital sale. The collection, titled ‘Collezione Genesi’ or the ‘Genesis Collection’ will feature exclusive pieces that have been inspired by the traditions and history of Venice, according to Vogue magazine.
The launch will be co-headlined by UNXD, a Polygon-powered NFT marketplace. Pieces from the Collectzione Genesi will be displayed from August 28 to August 29 at the D&G shows Alta Moda (high-fashion), Alta Sartoria (high-formalwear), and Alta Gioielleria (high-jewelry). After those shows conclude, the Collezione Genesi will be available on the UNXD marketplace starting September 1.”
专业发展 Enterprise Development
Cardano Grows Closer to Launching Smart Contracts with New Testnet
“IOHK, the blockchain development team behind Cardano, announced on July 15 that the project’s Alonzo test net had officially transitioned from Blue to White, bringing with it the ecosystem’s long anticipated expansion to functional smart contracts.
While the previous testnet, known as Alonzo Blue, did offer some smart contract features, these were only available to a limited number of insiders. Yesterday’s upgrade will allow about 500 validators, stake pool operators, and developers to test these features going forward.
Alonzo White is set to run for two to four weeks before upgrading to the final testnet for its current development phase, known as Alonzo Purple.”
Blockchain Traceability Gives Farmers a Competitive Advantage
With the food and agriculture industry continuing to be a global staple, farmers around the world are beginning to adopt smarter agriculture technologies to ensure demands are met. Additionally, small-scale farmers are also benefiting from these technologies.
Social enterprise E-Livestock Global has developed a cattle tracing app for farmers in Zimbabwe based on blockchain technology. According to Max Makuvise, president and co-founder of the company, farmers in Zimbabwe (and similar countries) are struggling to break into global value chains due to challenges involving visibility, ownership, and trust.
To solve this, Makuvise hopes their blockchain-based solution can help build a reliable traceability system.
法律监管 Policy & Regulations
South Korean Regulators Demand From Foreign Exchanges
Eun Sung-Soo, Chairman of the Financial Services Commission, announces a decision for foreign exchanges to register with the anti-money laundering body if using the Korean Won. Paired with updates on a revised law that came into effect in March, banks are to issue real-name accounts unders stricter guidelines.
Previous risk assessments and analysis of small cryptocurrency exchanges have shown losses in banking partners due to many banks hesitating from low gains and red flags in the partnerships. As a result, minor crypto exchanges will now be blocked from withdrawing money for trading if they are unable to report real-name bank accounts.
South Korea is also planning to impose a 20% tax on capital gains from cryptocurrency transactions.
Japan Ramps Up Efforts Towards Regulating Cryptocurrencies
“US media outlet Reuters revealed that Japanese finance regulators had expressed their intentions to step up regulatory efforts on cryptocurrencies. Officials told the news agency that the rise of cryptocurrencies poses a threat to the financial structure in the country.
Last week, Japan’s Financial Services Agency (FSA) launched a new section to oversee digital currency regulations as part of increased surveillance on crypto transactions. The unit will also oversee decentralized finance, a new form of finance that does not rely on third-party financial intermediaries.
The Ministry of Finance is also contemplating increasing its staff to increase its digital currency oversight and is expected to submit a budget request in August. In addition, the Bank of Japan (BoJ) has also stepped up efforts towards the development of a digital yen that is seen as an alternative to cryptocurrencies.”
