Blockchain Daily Digest – October 9th, 2019

1. European Commission Blockchain Report: The 3 Key Takeaways
   The European Commission released a report yesterday entitled Blockchain Now and Tomorrow which brings together the research of different disciplines of the Joint Research Centre—the science and knowledge arm of the European Commission—to explore the diverse potential of Blockchain and DLT .
   
   
2. Avo Receives First Virtual General Insurer License in Hong Kong
   Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.
   
   
3. Telegram Goes Public with Involvement in TON Blockchain
   Telegram finally acknowledged its involvement in the Telegram Open Network (TON) and Gram. In Telegram’s terms of service  on its official website, Telegram mentions the govern of use of the Grams Wallet as well as its involvement with the TON blockchain network.
   
   
4. Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT
   A US dollar-dominated global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors. GOLDZIP is an exciting new digital conversion tool allowing countries to barter goods based on their digital gold values.
   
   
5. Chinese Bank Partially Owned by the Government Invests in Nervos STO
   The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.

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