South Korea Plans Tax Perks for Blockchain Startups

The South Korean government has announced a plan to revise the current tax rules to widen benefits for companies that focus on the development of nascent technologies, including blockchain, as part of the country’s push for innovation growth.

Announced Wednesday, after a meeting of ministers from eight government agencies working on economic policy, tax rates are to be reduced for companies dealing with a range of 157 “new-growth technologies” in 11 areas, according to a report from CoinDesk Korea.

Full article here

Advertisements
Posted in Economy, Education, Information Technology, Politics | Leave a comment

Data protection blamed over church prayer complaint

Full article here

Posted in Information Technology, Social | Leave a comment

China’s IT Ministry Says Blockchain Should Be Developed on Industrial Scale

The deputy director of China’s Ministry of Industry and Information Technology (MIIT) has urged the country to “unite” forces to foster blockchain as a “core” technology for the new digital economy, according to a post on MIIT’s official website today, July 16.

Full article here

Posted in Economy, Education, Health, Information Technology, Social | Leave a comment

Microsoft Tops Amazon In Q1 Cloud Revenue, $6.0 Billion To $5.44 Billion; IBM Third At $4.2 Billion

Despite posting excellent first-quarter cloud-revenue growth of 49% to $5.44 billion, Amazon actually lost ground in its efforts to overtake Microsoft as the world’s leading enterprise-cloud provider as Satya Nadella’s company reported its commercial-cloud revenue jumped 58% to $6.0 billion.

the better-than-expected growth is directly attributable to businesses across every industry “moving quickly to seize the digital dividend using data and AI,”
Over the past year, I’ve made the case repeatedly that Microsoft’s the top cloud company in the world not only because of its revenue numbers but also because of its customer-centric vision for how it weaves its vast arsenal of traditional and new technologies together via the cloud.

Full article here

Posted in Economy, Health, Information Technology | Leave a comment

Microsoft Cloud Hits Superscale As Huge Customers Migrate Mission-Critical SAP Workloads To Azure

In a followup question to Numoto as he was being interviewed by analyst Adam Holt of MoffettNathanson, Holt noted that “there aren’t many examples of applications that would be more complex, more processor-intensive or data-intensive than an SAP ERP application” and then asked Numoto to explain what’s behind this striking proof that Azure has hit the ultimate hyperscale in the enterprise.

Full article here

Posted in Health, Information Technology | Leave a comment

Malta Passes Favorable Cryptocurrency Laws in Next Step as a Blockchain Island

The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.

According to legislative records, the bills, which were introduced to the parliament by Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri, were passed unanimously on Tuesday, June 26, 2018.

Full article here

Posted in Economy, Information Technology, Politics | Leave a comment

Eurobank – A digital future in the cloud

Greek financial services leader Eurobank has chosen Microsoft as its main delivery partner for a major shift in how it interacts with customers, shares information and content internally, and uses real-time data.

Full story here

Posted in Economy, Information Technology | Leave a comment