Tag: blockchain

Retail Asia26/03/2023
blockchain-1280x658.jpg
4min0
DTS Group and GMO have established a blockchain technology application and development center with the goal of promoting blockchain technology in Vietnam. The Mira Blockchain Center in Hanoi aims to bring blockchain technology to life through integrated technology-based physical products and high technology projects. The unit will research, apply, deploy, and transfer blockchain technology in […]

Retail Asia21/04/2022
Fintech-background-1280x720.jpg
2min0
It seems rather paradoxical that Switzerland is both a hub for sustainability and an energy-gobbling blockchain hub. The latest data from Switzerland’s Department of Finance underscores the growing importance of blockchain and fintech for the country’s financial sector. At the same time, sustainable investments are high on the agenda in Switzerland, the two seemingly at […]

Retail Asia22/03/2022
Blockchain-Logo-White-1-1024x481.png
4min0
Vietnamese startups have great expectations of the blockchain technology, envisaging practical e-commerce and entertainment impacts as the country pursues digital transformation. “We dream of becoming a billion-dollar company,” said Nguyen Tuan Quynh, chairman of book distributor Saigon Books, as he talked about a new project which uses blockchain in podcast and audiobook production. He said […]

Retail Asia14/02/2022
Binance.jpeg
3min0
Cryptocurrency player Binance is going old school, making a $200 million investment in media brand Forbes via a SPAC investment. Forbes is set to go public by the end of the first quarter via an acquisition by Magnum Opus Acquisition Ltd., which is a special purpose acquisition company (SPAC) already listed on the New York […]

Retail Asia26/08/2021
StanChart-2-1280x832.jpg
3min0
Taipei-headquartered XREX has named a managing director in Singapore as it sets its sights on expanding its platform in the region. Taipei-headquartered XREX has appointed Christopher Chye as managing director of XREX Singapore and director of product. In this dual role, he will oversee XREX’s businesses and operations in Singapore and play an instrumental role in bringing new […]

Retail Asia25/08/2021
StanChart-.jpg
2min0
Taipei-headquartered XREX has named a managing director in Singapore as it sets its sights on expanding its platform in the region. Taipei-headquartered XREX has appointed Christopher Chye as managing director of XREX Singapore and director of product. In this dual role, he will oversee XREX’s businesses and operations in Singapore and play an instrumental role in […]

Retail Asia18/08/2021
kakao-friends-concept-museum.jpg
1min0
Kakao Group will pursue the globalization of its public blockchain project, Klaytn, from the city-state. South Korea’s Kakao Group has established two new blockchain entities in Singapore – nonprofit Klaytn Foundation and global accelerator unit Krust, it announced in a statement. Kakao Foundation said in a statement that it would work proactively and systematically to expand […]

Retail Asia03/05/2021
topebox-1280x614.png
2min0
Vietnamese game studio Topebox and its blockchain partner KardiaChain have raised $1 million for an upcoming blockchain game called My DeFi Pet. The investors include Shanghai-based venture capital firms Axia8 Ventures, OKEx Blockdream Ventures, and the venture capital fund of cryptocurrency exchange OKEx in Hong Kong. Vietnam-based venture capitalist Megala Ventures and Chinese game developer […]

Retail Asia21/04/2021
Startup-1024x721.jpg
2min0
U.S. quantitative cryptocurrency trading firm Alameda Research has invested $4 million in Coin98 Finance, a Vietnamese startup and developer of decentralized finance protocols and applications. Decentralized finance (DeFi) refers to the financial applications that are built on top of blockchain networks. According to Forbes, the deal demonstrates the growth of DeFi across Asia as Vietnam, South […]

Retail Asia12/03/2021
Blockchain-1280x720.jpg
2min0
Zilliqa Capital aims to invest in decentralized and fintech solutions in Southeast Asia and India, across investing, wealth management, insurance, lending, payments, and remittances, as well as critical infrastructures that will enable Web 3.0. Zilliqa Capital will be led by financial services veteran Michael H. Conn, the firm’s chairman, CEO, and co-chief investment officer, while Zilliqa co-founder, president, […]

Retail Asia04/03/2021
Zoom_bckg4.r3.op1_-1280x720.jpg
7min0
R3, the enterprise blockchain software firm, will expand its presence in Thailand following the renewal of its partnership with Bangkok Bank. The expansion will see an increase in R3’s workforce in Thailand, underscoring R3’s commitment to the Thai market and its local partners.  “Thai enterprises are at the forefront of innovation, digital transformation and blockchain […]

Retail Asia06/01/2021
Blockchain-1280x720.jpg
5min0
The KardiaChain platform founded by Pham Minh Tri has attracted Vietnamese experts globally to join the local blockchain sector. After graduating with a master’s degree in science from the University of East Anglia, famous for practical research, in London in 2013, Tri is now focusing on location-based messaging, text-speech processing, computer vision, and augmented reality. […]

Retail Asia08/12/2020
blockchainis-1280x631.jpg
2min0
The Singapore Blockchain Ecosystem Report 2020, launched at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology, highlights impactful developments and trends in Singapore’s blockchain ecosystem over the last year. The report is co-presented by OpenNodes, Temasek, IBM, PwC Singapore, EY, and SGTech, and supported by the Infocomm Media Development Authority and […]

Retail Asia26/10/2020
ripple-1280x720.jpg
2min0
The blockchain payments company could leave the U.S. over lack of regulatory clarity. San Francisco-based Ripple is considering a move out of the U.S. as authorities there remain divided on whether to treat cryptocurrencies as a commodity, currency, property or security, according to a report on Thursday. The firm has shortlisted Japan and Singapore as […]

Retail Asia13/05/2020
DBS-Bank-1024x671.jpg
2min0
DBS joins blockchain network Countour to tap into the platform’s digitalized trade finance capabilities. DBS becomes Singapore’s first lender to join blockchain firm R3’s Corda to provide end-to-end letter of credit (LC) settlement to clients. Via the Corda network, the bank expects shortened settlement time, reduced paperwork and simplified processes. In addition, the platform also […]

Retail Asia27/12/2019
blockchainis-1280x631.jpg
2min0
Blockchain payment network Terra has set up its South-east Asia hub in Singapore. The South Korea-headquartered firm has plans to expand in the region. Terra intends to grow its on-the-ground network in Asia through strategic partnerships with local businesses, building upon existing collaborations with 25 partners across Asia, including Singapore-based e-commerce platforms Carousell and Qoo10. Beyond attracting […]

Retail Asia25/11/2019
kane-fashion-show-1280x720.jpg
4min0
Blockchain and robotics are becoming increasingly popular in the global fashion industry as brands look to increase transparency and improve efficiencies, according to GlobalData. While it is still in its infancy, blockchain technology has the potential to transform the global supply chain, says Michelle Russell, apparel correspondent at GlobalData. She says that during the last […]

Retail Asia05/11/2019
Blockchain-1280x720.jpg
2min0
China’s national parliament has passed a new law on cryptography aimed to facilitate development concurrently with the country’s central banking efforts to launch its own digital currency. The newly adopted law, effective as of January 1, 2020, «was necessary for regulating the utilization and management of cryptography, facilitating the development of the cryptography business and […]

Retail Asia29/10/2019
blockchainis-1280x631.jpg
4min0
CIMB Bank’s Singapore Branch and iTrust have launched Singapore’s First Blockchain Trade Financing Platform, and successfully completed their first structured trade financing transaction on the platform. The milestone transaction involves the financing of dairy products imported into China and is expected to generate transaction flows of up to $100 million a year, CIMB Bank said […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X