Editor's Desk

Author: Editor's Desk
Blockchain Magazine is an independent platform mainly focused on news and stories related to blockchain and other decentralized technologies. We are committed to deliver and present a reliable and true picture of blockchain framework.

Blockchain ID Solution Intends to Tackle Spike in Delivery Fraud amidst Coronavirus Measures

May 30, 2020
355
Nuggets, a digital identity and payments platform, has developed a way to receive deliveries without requiring a physical signature to fight a spike in fraud and chargebacks during the COVID-19 pandemic. Utilizing biometrically authenticated contactless delivery technology secured with blockchain technolog...

South Korea’s ICON Releases Blockchain Interoperability Protocol

May 30, 2020
216
ICON (ICX), South Korea’s most significant public blockchain project, released its BTP (Blockchain Transmission Protocol) on May 28. The protocol allows interoperability between individual blockchains, promoting service invocation, value transfer, and data exchange. Connecting the chains As blockchain...

Minecraft Gains Blokchain Assets via Engin Plugin

May 29, 2020
448
Over the last decade-plus, Minecraft has connected itself as arguably the world’s most popular game, with 126 million monthly users and more than 200 million sales to date. And now, thanks to Enjin, you can use tokenized blockchain assets within Minecraft. Enjin’s newly-launched, open-source EnjinCraft plu...

Proof of Impact launches blockchain-based platform for CSR

May 29, 2020
171
Proof of Impact has started a blockchain platform that insists will “revolutionize the way people invest and experience impact.” The new platform will verify, track, and transact impact at the unit-level for individuals as well as businesses and other entities. “We believe the world is demanding an impact-...

Power Transition crowdfunds ‘not blockchain’ peer-to-peer energy technology

May 28, 2020
285
A software firm is bidding to develop local energy markets utilizing distributed ledger technology that it claims is a series of magnitude faster than blockchain. Power Transition has already struck its Crowdcube target. Its platform, based on Hedera Hashgraph, a proof of stake public network, strives to a...

China, Korea, and Australia introduce blockchain and digital currency curricula to foster employment potential

May 28, 2020
255
Three significant powers are betting on the long-term potential of digital currencies, cryptocurrencies, and blockchain. In separate developments, schools and publishers in Korea, China, and Australia included blockchain and digital currency-related coursework for graduates and government officials, led by...

Definition of “virtual currency” and technology linked with it

May 27, 2020
154
At European level, the definition of “virtual currency”, broadly speaking, was recently introduced through Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 201. Which defines currency virtual: “a representation of digital value that is not issued or ensured by a c...

Bitcoin network elaborate to confirm the transactions and increase their security

May 27, 2020
134
With bitcoin we are faced with a new phenomenon, which is not part of the concept of electronic money. It is a fully decentralized digital currency, not established or controlled by any central bank and therefore not subject to any monetary policy, with a control on the transactions carried out by several ...

Blockchain accelerator LongHash reveals next cohort of 7 startups

May 27, 2020
216
Global blockchain accelerator LongHash Ventures has unveiled the seven startups selected to partake in the fourth cohort of its Hatch program. Presently in its second year, the 12-week program will concentrate on open finance, LongHash stated in a statement. It is programmed to commence working today and c...

Bank of Lithuania Envisions Future Cross-Industry Blockchain Platform

May 27, 2020
207
The Bank of Lithuania (BoL) has unveiled ambitious long-term plans to expand its blockchain platform for employment past the financial services sector. On May 26, the central bank’s blockchain-based sandbox, LBChain project, achieved its third and final stage.  In a wrap-up meeting this morning,...

FNZ Provides Blockchain Technology to South African Investment Industry

May 26, 2020
341
FinTech firm FNZ, the global platform-as-a-service provider, has declared that the firm has inked a deal with South African FinSwitch, a “transaction switch” linking participants in the investment industry to render a novel blockchain-enabled administration utility for the South African fund management ind...

Opportunities That Come Your Way While Choosing Blockchain As your Career

May 26, 2020
247
Blockchain is one of the fastest-growing technology in the market, and a great number of banking, insurance, and tech giants have been using various blockchain solutions. In 2019, blockchain professionals were at the top of the list of most in-demand jobs, as per LinkedIn.  Various financial instituti...

US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy

May 25, 2020
234
A U.S. lawmaker requires the federal government to start thinking about a national blockchain strategy. U.S. House Rep. Brett Guthrie (R-KY) proposed a bill designating on the Federal Trade Commission (FTC) to examine the prevalence of blockchain technologies over industry, government, and the globe. If pa...

China’s Congress Proposes Blockchain Development Fund

May 25, 2020
282
National People’s Congress, China’s parliament, and the Chinese People’s Political Consultative Conference, the most potent political advisory body in the country, have lately started their annual sessions. These are widely referred to as the “Two Sessions” or “lianghui&...

New York-based IBM Acquires 7% Stake in Blockchain based Trade Finance Solution

May 23, 2020
326
New York-based tech giant IBM has obtained a 7% stake in we.trade, a blockchain-enabled trade finance platform that’s controlled by 12 major banking institutions. Started by nine banks back in January 2017 under the name Digital Trade Chain, the platform was renamed as we.trade in October of that year...

Post covid-19 adoption of AI, IoT, Blockchain expected to stimulate in manufacturing sector

May 23, 2020
1447
As the lockdown lifts and factories are beginning to open, the manufacturing sector in India will face mounting pressure to decrease costs, boost efficiency in processes, decrease dependence on humans and become more resilient to future exigencies. This will push companies to scale up the adoption of smart...

France’s Central Bank Successfully Test Blockchain Based Digital Euro

May 22, 2020
307
The central bank of France has “fortunately” finished the first test of its blockchain-based digital currency. Declaring the news on Wednesday, the Banque de France stated it ran the experiment with investment banking giant Societe Generale, which published bonds as security tokens and then res...

Blockchain.com Supports Russian Ruble Despite Local Crypto Uncertainty

May 22, 2020
270
Blockchain.com, a significant cryptocurrency wallet, and blockchain data provider, intends to promote Russia’s national currency, the Ruble (RUB). Although some large exchanges like Binance have included the Russian Ruble, there is still no law authorizing the circulation of crypto in Russia. On May ...

Senate Subcommittee Weighs Use of Blockchain for Remote Voting

May 21, 2020
318
Currently, the staff of the US Senate’s Permanent Subcommittee on Investigations prepared a memorandum for subcommittee members in advance of its April 30, 2020 “Roundtable on Continuity of Senate Operations and Remote Voting in Times of Crisis.” The memo describes Senate proposals to enable senators to pa...

Brazilian Investment Bank Tokenizes Real Estate on Blockchain

May 21, 2020
296
Yesterday, BTG Pactual declared the issuance of its ReitBZ token utilizing the Tezos blockchain. ReitBZ is a security token supported by Brazilian real estate. Brazil-based BTG Pactual is Latin America’s largest independent investment bank and has total assets of $34.7 billion. Last year, the bank declared...

Axuall and University Hospitals Pilot Blockchain and Digital Credentials

May 20, 2020
302
Axuall, Inc. declared that it entered into a strategic association and business alliance with University Hospitals to improve and test new mechanisms and workflows to decrease the time it takes to use qualified clinical staff and meet expanding patient demand. Axuall is a national digital network that allo...

Why CBDC’s are Good News for Blockchain Adoption

May 20, 2020
339
Central banks are going into the crypto game; that is a good thing for crypto and blockchain adoption. Cryptocurrencies are quickly becoming part of the mainstream investment conversation. However, that does not mean that the growth of new crypto options is slowing down. Even with the bitcoin halving makin...

DTCC Further Experiments with Blockchain in Asset Tokenization

May 19, 2020
336
Depository Trust & Clearing Corporation (DTCC), the central equity clearing and settlement services provider, has launched two projects to offer a new framework for asset digitalization and tokenization. Named ‘Ion’ and ‘Whitney,’ the new initiatives intend to enhance post-trade settlement in the publi...

Lamborghini Releases Blockchain Collectible of Huracan Sports Car

May 19, 2020
278
Last week, Italian sports car manufacturer Lamborghini declared a blockchain digital stamp of its lately launched Huracán EVO RWD Spyder. Lamborghini launched the car collectible in collaboration with the Italian BITSTAMPS app. Volkswagen owned Lamborghini has a restricted variety of luxury car models, eac...

Seminal Blockchain Toolkit to Lead Supply Chain Recovery through Coronavirus Pandemic

May 18, 2020
287
In association with the Centre for the Fourth Industrial Revolution UAE and the Dubai Future Foundation, DFF, the World Economic Forum has issued a complete blockchain toolkit to provide businesses and organizations new, industry-tested solutions to the critical issues limiting global supply chains, which ...

Banks Will Need Blockchain Technology and Cloud Post COVID-19

May 18, 2020
304
With COVID-19 bothering the world, banks everywhere are in for an extended period of pain. Both interest margins and fee income are below pressure. NPAs are emerging as the corporate sector struggles for durability; along with small businesses, the requirement for trade finance is desiccating. The wealthy ...

Kenya Ride-Hailing App Taps Blockchain to Provide Trusted Drivers

May 16, 2020
323
The age of ride-hailing apps has seen companies such as Uber and Lyft become global giants, upending the pre-existing business models. In Nairobi, one startup has identified a difficulty unique to Kenya, and many other developing nations—the problem in finding a driver commuter can trust and is utilizing b...

Blockchain Platform Ontology Teams up with Spherity to Advance Digital Identity Solutions

May 16, 2020
317
Ontology (ONT), a “high-performance” public blockchain network that intends to offer a “distributed trust” platform, declared on Friday that it had combined forces with German decentralized digital identity specialist Spherity to promote digital identity solutions. The platform stated that the collabo...

Grant Thornton Introduces Blockchain Platform for Managing Intercompany Transactions

May 15, 2020
283
Grant Thornton has issued inter.x, a blockchain platform for handling intercompany transactions. The firm has executed the new platform in-house. Still, it is also accessible to clients to manage dealings between financial entities of a business, which account for 30-40% of the global economy. Inter.x surr...

China’s Central Bank Promotes Accelerated Blockchain Integration

May 15, 2020
387
The deputy governor of the People Bank of China (PBoC) has called on the country to stimulate its blockchain adoption strategy. In a current meeting, Fan Yifei recognized the impact that blockchain and other emerging financial technologies have and requested for their speedy deployment. Yifei was chatting ...

Blockchain Technology Eyed for Palm Oil

May 14, 2020
339
The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of utilizing blockchain to promote palm oil trade. A blockchain system would skip out the agent between palm planters and palm oil mills, in theory providing planters to trade the commodity at highe...

FAO Explores Blockchain Applications in Seafood

May 14, 2020
250
Innovation by information and communication technologies is a crucial enabler in modifying food systems. It holds great potential to accomplish the Sustainable Development Goals, according to the Food and Agricultural Organization of the United Nations (FAO). Current developments, like mobile technologies,...

U.S. Department of Defense Funding Blockchain-Grade Security

May 13, 2020
333
The U.S. federal government has ordered another blockchain solution, this time to secure sensitive Department of Defense R&D data. The Department of Defense declared today the awarded a $200,000 contract to SIMBA Chain. The company intends to create a proof-of-concept blockchain-based system to enhance...

Metal Pay’s New Blockchain Enables Bank and Payment Platform Integration

May 13, 2020
264
Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, provides digital assets and fund transfers over various channels.  “It’s a Blockchain that’s integrated into your bank,” Metal Pay CEO Marshall Hayner said in a statement. “It’...

Addenda Leverages Blockchain Technology for Insurance Companies in the Middle East

May 12, 2020
249
Abu Dhabi-based Addenda is leveraging blockchain technology to combine insurance companies (motor insurance industry) in the Middle East to a trust-based network operating on local Azure datacenters. The SaaS platform issued via Microsoft Azure Marketplace is transforming the way insurers transact and comm...

Korean Retail Clients to Manage Reward Points on Blockchain

May 12, 2020
220
Blockchain rewards platform MiL.k has coupled up with Seoul-based luxury-retail-space chain Shinsegae Duty-Free to offer loyalty points compatibility and management.  The new association provides Shinsegae consumers to connect their existing rewards accounts to the MiL.k mobile application. Adoption f...

Pave the Way for Web 3.0 Crypto Social Network Centyfy

May 11, 2020
303
Centyfy is a Web 3.0 crypto social network exclusively monetized on the Stellar blockchain-based stable value CENTY crypto token. 1 CENTY = .01 U$D. How is Centyfy different? Centyfy returns 75% of revenues to users, who can monetize their liking, sharing, viewing of ads or promotions, and receive CENTY PE...

KFC Middle East Commences Blockchain Media Buying

May 11, 2020
317
KFC has become the first across the QSR (quick-service restaurant) in the region to achieve an innovative blockchain platform for its digital advertising and media buying. The platform’s decentralized, shared ledger approach will enable KFC with more abundant and more efficient digital ad transparency to b...

Blockchain Technology Accomplishes New Grounds in Unlisted Stock Trade

May 11, 2020
226
Unlisted stock trading services utilizing blockchain technology are in full motion. Based on the government’s pilot project and a financial regulation sandbox, the financial sector, including KOSCOM and blockchain companies, is launching services one after another. Many experts state that blockchain,...

Blockchain Jobs are the Highest Paying Tech Roles in UK

May 9, 2020
291
Digital lender, Capital on Tap, released figures that reveal Blockchain-related jobs offer the highest-paying salaries among all disruptive technology businesses in the UK. According to the UK-based firm, Blockchain has an average annual salary of GBP 75,000 (around $93041 USD). They also showed that the i...

South Korea Develops an Identity Platform on Blockchain for Autonomous Vehicles

May 9, 2020
398
The government of South Korea’s planned city Sejong — which is the country’s trial ground for significant smart city solutions — declared on Friday that it would be building a blockchain-based platform for storing and verifying the digital identities of self-driving vehicles. An Asian news outlet, Aju Busi...

China to Have First Bachelor’s Program in Blockchain Technology

May 8, 2020
357
Blockchain technology in China is now considered as a core national strategy. Political leaders, including Xi Jinping, have been promoting it. Regional governments have also enacted policies to promote their growth. However, a shortage of blockchain talent, in part due to a lack of blockchain education, is...

VeChain Becomes the Sole Blockchain Protocol of the APAC Provenance Council

May 8, 2020
453
The APAC Provenance Council, supported by Government, standards agencies, standards agencies, packaging and labeling service providers, finance giants, and blockchain technology providers, is organized to combine blockchain technology into the food supply chain finance in Australia-China trades. Recently, ...

Dubai’s State Owned Water Electricity Company Joins Company Registry Blockchain

May 7, 2020
331
Yesterday, the Dubai Electricity and Water Authority (DEWA) joined the blockchain-based Dubai Unified Business Registry to obtain data on institutions listed in the region. The company registration and licensing solution were launched last year by Dubai Economy to enhance transparency and business regulati...

IBM’s Five Principles to Build Trust and Value in Blockchain

May 7, 2020
325
Here’s IBM’s report titled ‘Blockchain as a force for good: Five principles to build trust and value,’ let’s take a more intimate look at their blockchain principles that work. 1. Open is better – Blockchain networks should harvest various communities of open source cont...

Nervos Intends to Spur Blockchain Development With New Incubator

May 6, 2020
254
Public blockchain network Nervos has launched a virtual incubator for early-stage startups developing decentralized applications (dapps).  Named CK Labs, the incubator will finance startups growing their dapps on Nervos’ platform and include the products to significant crypto investors to bring produc...

WEF Relies on Blockchain Technology to Restart Global Economy

May 6, 2020
395
The World Economic Forum issued a report seeing at how the deployment of blockchain-based solutions can discuss the supply chain inefficiencies and failures that have been presented by the COVID-19 pandemic. Adjacent the report, the WEF has issued a blockchain deployment toolkit designed to support governm...

Global Governments Tap Blockchain to Streamline Infrastructure

May 1, 2020
123
Governments all across the globe are operating on improving and streamlining their existing processes and infrastructure. Blockchain technology will perform an expanding role of importance in this respect.  GROWING ADOPTION OF BLOCKCHAIN TECHNOLOGY Several governments across the world are recently exa...

Blockchain Voting Platform Voatz Used at Republican Convention!

May 1, 2020
103
On April 25, the Utah GOP convention reportedly selected their nominees utilizing the blockchain voting platform, Voatz. This platform was earlier criticized for various security problems in preceding election events.  The co-founder and CEO of Voatz, Nimit Sawhney, said that the platform “performed a...

Wall Street Blockchain Association Welcomes Algorand on Board

April 27, 2020
132
According to a declaration made on April 23, Algorand is now a joint appendage of the WSBA (Wall Street Blockchain Association). The Proof-of-Stakes’ firm joins other fintech and blockchain firms in the association, in their quest to vantage the system’s resources. As per the welcome note by WSBA, the addi...

E-FRESCO Launches Blockchain Platform for Fruit Supply Chain

April 25, 2020
181
According to a report, E-FRESCO, a fresh fruit virtual market, is launching blockchain capabilities to aid shipments and B2B payments for cross-border needs. Clients in the U.S., the Middle East, Canada, Europe, and South America seeking to purchase and market fresh fruit and vegetables online by the marke...

Global Blockchain Community Gathers Digital Channels for Virtual Blockchain Week

April 25, 2020
140
From points all over the world, blockchain and crypto experts and enthusiasts will come collectively from April 26-May 2 for Virtual Blockchain Week, a free online conference bound with panels, presentations, and discussions showcasing the world’s premier blockchain specialists. “In the face of the current...

Dole Plans to Utilize Food Tracking in All Divisions by 2025!

April 25, 2020
146
The Dole Food Company has a five-year blockchain plan for more substantial food safety. Dole intends to launch blockchain product tagging and other “advanced traceability solutions” over its three business divisions – fresh vegetables, tropical fruits, and other diversified products – in an attempt to impr...

Real Betis Inks Deal With Blockchain Digital Trading Card Platform Sorare

April 24, 2020
123
Real Betis Balompié, an Andalusia football club, has inked a licensing deal with Sorare, a blockchain-based digital trading card platform. The agreement will produce blockchain fantasy football gaming to Real Betis fans.  Sorare to Issue Real Betis Blockchain Cards The news of the deal was declared th...

Algorand Joins WSBA To Enhance Blockchain Adoption

April 24, 2020
139
WSBA, or, The Wall Street Blockchain Alliance, declared on April 23 that the proof-of-stake cryptocurrency platform, Algorand, has entered their alliance as a corporate member. According to the post, Algorand is coupling up with many of the tech and finance companies that are operating with the WSBA. Their...

BMW Drives Blockchain Expansion in Auto Industry

April 23, 2020
130
The BMW Group is utilizing blockchain and other innovative technologies to bring added traceability to its international supply chain. The Munich-based luxury car company currently declared that it’s planning to extend PartChain, a project it launched last year to optimize tracking of various components “a...

Israeli Blockchain Firm Orbs Launches Stay at Home Challenge App for People’s Safety

April 23, 2020
120
Crypto- and blockchain-focused companies across the globe have been making attempts to help people between the coronavirus pandemic, with some of them granting funds to nonprofits and giving supplies to hospitals.  Israeli blockchain startup Orbs appeared with an idea to promote people to self-quarant...

Vinetree Corporation Rolls Out Blockchain Platform To Add Value to Gaming Apps

April 22, 2020
119
 To enhance gamers’ experience, Vinetree Corporation, the firm behind GameTalkTalk, a South Korean gaming app, has spun out a blockchain platform for gamers with new characteristics and rewards. The three reward features included in the Blockchain platform are a social media DApps, a matchmaking peer-...

Central Bank of Argentina Trials Blockchain for Novel Interbank Settlement Layer

April 22, 2020
124
The Central Bank of Argentina (BCRA) is trialing a new blockchain-enabled clearing system that could be utilized by some of the country’s largest financial institutions. Blockchain developer IOV Labs stated on Tuesday that it had built a proof-of-concept, for a permissioned blockchain network, based ...

Japanese Content Creators Benefit from Latest Blockchain Technology Use-Case

April 21, 2020
117
Japanese advertising giant Dentsu has signed collaboration with Kadokawa Ascii research to leverage blockchain technology to make it more accessible for content creators to get their work acknowledged on popular social media platforms.  Utilizing Blockchain for Content Recognition Utilizing the Proof-...

Ant Chain Launches OpenChain Platform for Small Businesses and Developers

April 21, 2020
141
Chinese financial technology firm Ant Financial declared on Friday that its OpenChain distributed ledger blockchain platform is now accessible to small business developers to assist with the development of distributed apps. Ant Financial, previously identified as Alipay, is the financial technology arm of ...

China Launches Blockchain Committee for Fast Growing Blockchain Industry

April 20, 2020
120
 In an attempt to proffer some national standards for the fast-budding blockchain industry, China has launched a blockchain committee. According to China’s MIIT (Ministry of Industry and Information Technology), the committee includes 71 members. Amongst which are prime names such as Tencent, Baidu, H...

Blockchain And Crypto Firm VeChain Utilized to Confirm Authenticity of Coronavirus KN95 Masks

April 20, 2020
143
According to the US Customs and Border Protection (CBP), the global pandemic has sparked an uptick in artificial protective gear as scammers misuse the coronavirus for advantage. The supply chain management crypto and blockchain platform VeChain intends to restrict the spread of fraudulent face masks by co...

Blockchain And Crypto Firm VeChain Used To Verify Authenticity of Covid-19 KN95 Masks!

April 20, 2020
321
According to the US Customs and Border Protection (CBP), the global pandemic has sparked an uptick in artificial protective gear as scammers misuse the coronavirus for advantage. The supply chain management crypto and blockchain platform VeChain intends to restrict the spread of fraudulent face masks by co...

China Launches Blockchain Committee for Fast Growing Blockchain Industry!

April 20, 2020
200
In an attempt to proffer some national standards for the fast-budding blockchain industry, China has launched a blockchain committee. According to China’s MIIT (Ministry of Industry and Information Technology), the committee includes 71 members. Amongst which are prime names such as Tencent, Baidu, Huawei,...

AVA Launches Public Testnet for Blockchain Platform!

April 18, 2020
202
AVA, the next-generation blockchain platform, has started its first of two proposed public testnet releases. The first release enables participants to join a global network of validators and engage in high-velocity transactions. Approaching speeds of thousands of transactions per second and payment integri...

Binance Chain Unveils Whitepaper for a Smart Contract Enabled Platform!

April 18, 2020
169
Binance Chain is launching a second, smart contract-enabled chain that will utilize Ethereum’s Virtual Machine to let its developers build decentralized apps. Binance Chain developers have recommended specifications for a new blockchain that would allow complicated smart contract functionality within the B...

US Banks Collapse To Spike In Stimulus Interest, Can Blockchain Come to Rescue?

April 17, 2020
180
On Wednesday, significant US banks, including the US Bank, PNC, Citi, and Capital One, experienced severe technical setbacks after being hammered by a massive wave of a spike in motive interest as people thronged to their websites to review the status of their much-awaited stimulus payouts. The coronavirus...

US Firm Integrates Nanotechnology, Blockchain For Covid-19 Immunity Passports!

April 17, 2020
966
U.S.-based quantum dot producer QMC (Quantum Materials Corp) declared its blockchain-based QDX HealthID for transparency in disease testing and immunization for infectious diseases. The aim is to assure the authenticity of health data and aid individuals to re-join the workforce soon. Quantum dots are nano...

China to Launch its National Blockchain Platform BSN Next Week!

April 16, 2020
153
China’s national blockchain platform, the BSN (Blockchain-based Service Network), is set to launch on April 25. The initiative, managed by the Chinese government agency, The State Information Center, strives to assist companies in using blockchain applications cheaper and faster. “High-cost dep...

Ontology Collaborates with Venezuela Blockchain to Develop Economic Initiatives!

April 16, 2020
129
Ontology, the high-performance enterprise blockchain, has declared collaboration with Venezuela Blockchain, an organization committed to leveraging developing technologies as means for socio-economic development in Latin America. The partnership will view Venezuela Blockchain join Ontology’s technology to ...

SBA and Best Collaborate To Form New Association Called Blockchain Association Singapore!

April 15, 2020
239
A NEW blockchain industry group named the BAS (Blockchain Association Singapore) has set up in Singapore, helmed by co-chairs Tan Bin Ru and Chia Hock Lai, who are from the fintech industry. The new industry group was the outcome of a merger of the SBA (Singapore Blockchain Association) and the BEST (Block...

Chinese Video Platform iQiYi Concludes its Blockchain Integration!

April 15, 2020
129
iQiYi blockchain integration has been finished resulting in enhanced speed and bandwidth. The online on-demand video offering of Baidu, iQiYi, now gives more importance to its local users. iQiYi lately completed the combination of distributed ledger technology to ramp up buffering speed and tackle high use...

Covestro, DOMO Conducts Blockchain Plastic Traceability Pilot With Dutch Startup!

April 14, 2020
118
German plastics companies Covestro and DOMO are piloting a blockchain solution with Dutch startup Circularise for plastic traceability and allowing a circular economy. The companies first commenced operating together back in October 2019 and described the blockchain platform at CES 2020. The blockchain pla...

Brazil Central Bank Develops Anti Corruption Blockchain Platform!

April 14, 2020
112
Four Brazilian-based financial regulatory bodies are now operating together to produce an anti-corruption blockchain platform for screening and conducting background checks on political representatives and corporations. This anti-corruption blockchain initiative is recognized as PIER and will operate as a ...

WEF States Blockchain Lacks Interoperability for Enterprise Use!

April 13, 2020
172
Over the past few years, Blockchain technology combination has developed within a vast number of industries. As such, there are now hundreds of distinct blockchain networks in service all over the world. For the most part, nevertheless, most of these Blockchains are not capable of communicating with each o...

Blockchain Firm Lukka Joins RSM Accounting to Provide Crypto Tax Solutions!

April 13, 2020
118
As blockchain firm Lukka enters RSM accounting, crypto fans can unquestionably look ahead to next-gen tax solutions. Tax in the times of coronavirus can get difficult. The world’s leading financial institutions are striving to determine monetary blues, and auditing firms are going to have tough next few mo...

Scammers Utilize Olympics And Blockchain to Attract Investors in China!

April 11, 2020
175
Even though the 2020 Summer Olympics is postponed due to the spread of COVID-19, scammers have been connecting themselves with the Olympics and attracting the investors. Currently, the Chinese Olympic Committee has published a vital warning to the residents of China, saying that they weren’t connected with...

Salesforce Combines Lition’s Blockchain into its CRM Platform!

April 11, 2020
101
Popular CRM (customer relationship management) company Salesforce has onboarded the commercial blockchain technology from Lition. In an official statement from Lition, the blockchain company states that the development will extend access to the Lition blockchain, leveraging on Salesforce’s status as the mo...

Taiwan Approves Blockchain System To Streamline Insurance Policies!

April 10, 2020
141
The financial regulator for Taiwan lately gave 11 insurance companies the green light to test a blockchain network that analyzes insurance policy issuance and modification. This will offer insurance companies and insurance buyers a new level of efficiency and potential cost-savings in the long-run, April 9...

HoloChain Embraces Blockchain Technology to Offer Distributed Energy Systems!

April 10, 2020
347
HoloChain (HOT) has been forecasted and recognized as a framework for value creation. Developers have chatted about the difficulties they have survived and the experience they have obtained in the process of developing and trialing the HoloFuel. The Quarantine has not stopped the Holochain community from p...

VitalHub Corp Deploys First Blockchain Based Covid-19 Electronic Screening!

April 9, 2020
177
On April 8, the Canadian technology company, VitalHub Corp, declared the first deployment of a blockchain-enabled coronavirus screening tool. The tool will be employed by a Region of Waterloo-owned long-term care facility named Sunny Side Home.  According to the declaration, a petition by Sunnyside Ho...

Blockchain Banking and Payment Startup Sila Raises $7.7 Million in a New Funding Round!

April 9, 2020
71
Blockchain banking and payments startup Sila Inc. today declared that it had raised $7.7 million in new funding that will be utilized to include new product characteristics that offer software developers with more straightforward access to the global financial system. The seed round was held by Madrona Ven...

Blockchain Firms Collaborate To Develop Private Coronavirus Testing App!

April 8, 2020
214
Genobank, a blockchain project endeavoring to provide customers ownership and power over their DNA data, is planning to launch an app on EOS-powered blockchain platform Telos to assist people in obtaining anonymous coronavirus examination. According to a recent declaration from the Telos Foundation, the ap...

Blockhain Powered Digital Court is here, In Japan!

April 8, 2020
234
Researchers from some foremost universities have designed a blockchain-based digital court. The court will originally target cases, including contracts, sales, auctions, and other civil cases. It will recognize and punish those who vary from legal obligations. The project was directed by Professor Hitoshi ...

Brazil’s Regulators Launch Blockchain Platform for Data Sharing!

April 6, 2020
336
Brazil has launched a blockchain platform that will enable its three central market regulators to bestow information seamlessly. The platform is recognized as PIER and was started collectively by the private insurance superintendent (SUSEP), the Securities and Exchanges Commission (CVM), and the Banco Cent...

Envoy Group Improves Blockchain Supply Chain Solution With KYC Hub Association!

April 6, 2020
304
Envoy Group, a blockchain supply chain company, has declared collaboration with KYC Hub. This team-up intends to leverage the KYC Hub’s business verification, anti-money laundering, workflow management, and know your customer (KYC) solutions to support Envoy Group onboard its legacy clients on the co...

GM Files a Patent for a Blockchain-Powered Navigation Map!

April 5, 2020
232
Major car manufacturer, General Motors, or GM, has registered a patent application for a continuously updating navigation map system. The system would utilize the blockchain to combine data from vehicle sensors and create a reliable map for autonomous vehicles. According to the filing, which was submitted ...

Nodle Network Migrates From Stellar to its Own Blockchain Network With its Arcadia Testnet!

April 5, 2020
354
Nodle Network, an IOTA (MIOTA) competitor, is in the process of transferring from Stellar (XLM) to its blockchain network with the announcement of the Arcadia testnet. Nodle is a decentralized network provider that specializes in identifying and connecting the IoT (internet of things). It recently connects...

Huobi Charity Accompanies Rally with Blockchain Community to Battle Covid-19!

April 3, 2020
263
The charitable arm of Huobi Group, Huobi Charity has joined Binance and other significant cryptocurrency and blockchain companies in supporting the global community to combat COVID-19. Huobi will be making monetary contributions, donating medical supplies, and leveraging blockchain technology to help hospi...

Blockchain Delivers Transparency to Striving Market for Texas Grain!

April 3, 2020
428
Bread and pasta are departing from shelves across the globe as shoppers stockpile amid fears that COVID-19 could limit the supply of the staples. While everything from labor shortages in North America to drought in Africa, and rationing in Asia, has been charged for the deficit, another factor, the inflati...

Novel Blockchain Project Allows Users To Choose Their Renewable Energy Source!

April 2, 2020
326
Australian blockchain firm Power Ledger and French green energy retailer ekWateur are speculating that customer choice can assist drive the transformation to sustainable energy usage. In a declaration on April 1, the two firms unveiled that they will be contributing approximately a quarter of a million Fre...

Lancashire Cricket Club Turns To Blockchain Ticketing Solution!

April 2, 2020
378
Lancashire Cricket Club, based in the UK, has shifted to a blockchain ticketing solution. The club has coupled up with TIXnGO, a Distributed Ledger Technology (DLT) ticketing service provider. The deal will view seamless ticket distribution for all sports events. The blockchain-enabled platform will presen...

How Efficient Is Blockchain Technology in Voting Mechanism!

April 2, 2020
222
The “blockchain” concept on which cryptocurrencies operate might be extrapolated to various other areas of life, like voting systems, where it’s an accurate chain of decisions and evidence that could assure efficacy in a political or other election. Writing in the International Journal of...

Air Industry Eyes £300m Saving Via Blockchain Technology For Cargo Efficiency!

April 2, 2020
258
The air industry’s continued investigation into how blockchain can enhance effectiveness has uncovered more than £300m of potential savings by utilizing the technology to track and record cargo as it shifts hands on its journey from producer to consumer. An association of air transport companies, recognize...

BMW is all set to Leverage Blockchain Technology Solution for SCM!

April 1, 2020
227
Major car manufacturer BMW has declared the proposed roll-out of its blockchain-powered SCM (Supply Chain Management) solution. For beginners, the German automobile heavyweight will leverage the solution with ten of its suppliers originating in 2020. BMW to Embrace Blockchain for SCM and Traceability BMW G...

Ubisoft, AMD, MakerDao Join Blockchain Game Alliance under New Leadership!

April 1, 2020
192
The Blockchain Game Alliance (BGA) declared the appointment of its new president and called its original sponsors. BGA elected Sébastien Borget as its new president. It also embraced video game company Ubisoft, VC company Animoca Brands, semiconductor firm Advanced Micro Devices (AMD), and builders of digi...

EMURGO Unveils The Launch Of Blockchain-Based EMURGO Traceability Solution!

April 1, 2020
179
EMURGO, the global blockchain solutions provider and an establishing entity of Cardano, declares the launch of “EMURGO Traceability Solution” – an enterprise solution leveraging blockchain technology to renew existing supply chain traceability standards and bring added value to supply cha...

WHO Expedites to Battle Coronavirus With Launch of its Blockchain Platform!

April 1, 2020
291
As the coronavirus epidemic has expanded all across the world and contaminated over 7, 87,000 and killed more than 37,000 people, World Health Organization has determined to launch its blockchain-based platform for global information and monitoring of the COVID-19 pandemic. IBM and Oracle are entrusted wit...

Can Blockchain Technology Affect The Countries Across the Globe!

March 31, 2020
227
After its origin back in early 2009, blockchain technology has come a great way.  In the start, blockchain was designed as an economic experiment, providing birth to the first version of this technology, also identified as blockchain v1.0. At that point, this new tech’s focus relied singly on currency...