Taipei City is raising its fintech profile and will be powered by IOTA's distributed ledger technology. Taiwan's capital is partnering with Berlin nonprofit IOTA Foundation for its IoT-driven Tangle technology as well as BiiLabs, a blockchain startup, for its transformation into an app-driven smart city, one that IOTA's co-founder Dominik Schiener says will affect voter fraud. Taipei mayor Ko...
With an eye to the future, China’s government is working with Factom, a blockchain based record verification and auditing infrastructure company along with consulting firm iSoftStone to plan blockchain based administration projects for smart cities. The plan will include strategies for storage, auditing and verification services. Named after the Factom brand, Factoids, a token value, are issues...
Factom, a company intending to put land rights on the blockchain, has taken a considerable amount of flak for their recent failed attempts to establish a blockchain based land rights regiment. The company highlighted in a statement the difficulty of making progress in an industry has followed the same process for centuries. “Every land title project comes with a tremendous history of challenges...