HelloGold launches sharia compliant, gold-backed cryptocurrency eyeing Islamic finance markets in Southeast Asia and the Middle East

The Malaysia-based fintech firm’s GOLDX covers all the principles that are the cornerstones in Islamic financial contracts. HelloGold, a Malaysia-based firm disclosed that it has received a sharia-compliant certification for its gold-backed cryptocurrency; it plans on launching its online gold platform in Thailand later this year. GOLDX, its cryptocurrency product which was launched at the…

Sony Corp joins the stream of competition vying for dominance in Japan’s ride hailing market

Sony Corp is the latest tech firm vying for market share in Japan’s highly regulated ride-hailing market and is set to partner with Daiwa Motor Transportation and 4 other domestic Japanese taxi firms for the same. On Tuesday, Japan’s Nikkei newspaper reported, Sony Corp is to become the latest tech firm which is jockeying for…

Australia welcomes Britain joining the TPP once it leaves the European Union

Australian Foreign Minister Julie Bishop made it lucidly clear that in any such deal, Australia would want to secure the rights for its citizens to work in Britain. On Monday, Julie Bishop, Australia’s Foreign Minister stated it would welcome Britain’s participation in the regional trade group, Trans-Pacific Partnership, after March 31, 2019. Earlier this year,…

Antminer s5 Bitcoin Miner interferes with T-Mobile’s 700Mhz LTE network

The following report is the result of a FCC investigation of what is likely to be the first instance of a bitcoin mining operation interfering with T-Mobile’s 700Mhz LTE network. An investigation by the U.S. Federal Communications Commission discovered that a Brooklyn residence’s bitcoin mining operation had interfered with T-Mobile US Inc’s broadband network. In…

London Restaurants With Excess Food Can Sell Them Through Smartphone App At A Discount

London restaurants now have the option of choosing between throwing away food or selling it fast and cheap. A Swedish startup Karma has launched an app in London that allows restaurants to do the latter. Following an initial roll out in 35 cities in Sweden, the app was launched in Thursday in London and has…

Israeli electric airplane startup Eviation Aircraft Ltd aims for public display of 9 seater airplane by mid-2019

Given the advantages of going electric, many airplane makers, including Airbus and Boeing, are also heavily investing into electric and hybrid aircraft technologies. Eviation Aircraft Ltd, an Israeli electric airplane startup, is aiming to fly passengers on its 9-seat commuter aircraft by 2021, said Omer Bar-Yoha, CEO of the firm. Eviation Aircraft is in the…

CommonSense Robotics raises $20 million in early stage funding round

Its robots help shorten delivering time of groceries by retailers. CommonSense Robotics, an Israeli startup, whose technology enables retailers to provide fast affordable delivery services, stated it has raised $20 million in an early-stage investment round, bringing its total funding to $26 million. The latest funding round was led by Playground Global and included previous…