| Japan's national Diet proposed changes to current legislation today to include a definition for virtual currencies under domestic law. The proposal would reportedly treat bitcoin and digital currencies as forms of property, and bring domestic exchanges under existing regulation. Pete Rizzo / Mar 04, 2016 01:50 pm Banks are spending billions annual to comply with financial regulation, but 'big four' professional services firm KPMG believes blockchain could help cut these costs. In a new interview, the company opened up about its blockchain strategy, providing its take on the state of the current market. Pete Rizzo / Mar 04, 2016 01:00 pm JPMorgan presented a proprietary blockchain project during this week's meeting of the technical steering committee for the Linux Foundation-led Hyperledger Project. The prototype, dubbed "Juno", was presented by developer Will Marino on 3rd March. Stan Higgins / Mar 03, 2016 10:10 pm Guardtime, a data security startup, has announced a partnership with the Estonian e-Health Foundation that will see it deploy a blockchain-based system to secure over 1 million patient records. The integration will allow "real-time" visibility into the state of electronic systems and patient records, the startup said. Daniel Palmer / Mar 03, 2016 09:40 pm While bitcoin may not be facing a "nightmare" scenario as indicated by the mainstream media, some digital currency users are now paying higher-than-average fees and waiting longer for transactions to confirm due to an unknown disruptive network user. Stan Higgins / Mar 03, 2016 06:29 pm Healthcare giant Philips has officially launched the Philips Blockchain Lab, a research and development center located in Amsterdam.The announcement follows the news that Philips had partnered with blockchain recordkeeping startup Tierion on an unspecified project in October. Pete Rizzo / Mar 03, 2016 05:12 pm Germany's top securities regulator BaFin published an internal journal last month with a cover story on the topic of blockchain technology, exploring its inner workings and possible use cases, along with early hints at how it views the technology. Stan Higgins / Mar 03, 2016 03:10 pm
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