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.

Paralink Network raised $2.8 million for its blockchain platform

February 2, 2021
Paralink announced that it had raised $2.eight million from top notch investors including LD Capital, Kenetic, 3Commas, Genesis Block Ventures and NGC Ventures. Moreover, they have announced Denko Mancheski, CEO of Reef Finance — the first go-chain DeFi OS on Polkadot — as an marketing consultant. Paralink...

The myths associated with Blockchain. Demisting few.

November 26, 2020
Blockchain is the most talked about technology amongst the Fintech leaders. It is gaining traction amongst businesses and organizations. Considered as the digital ledger, it is the most transparent technology. It is decentralised, with data stored in each block and through a network of systems or computers...

Blockchain in 2021 is a tale of two speeds

November 26, 2020
The pandemic amplified trends that were already underway – and so 2020 has been a year of reckoning for distributed ledger technology (DLT; aka blockchain). More realistic and pragmatic approaches to blockchain initiatives have been the order of the day for some time, as, increasingly, budgets for pure R&a...

Blockchain to monitor the COVID-19 vaccine supply chain

November 26, 2020
A unique challenge The key difference between the two vaccines, from pharma companies Moderna and Pfizer, is the conditions in which they must be stored. For long-term freezing, Moderna’s vaccine requires a temperature of minus 20 Celsius degrees, but can be stored for up to one month in a regular refriger...

Big banks take baby steps toward commercializing blockchain

November 26, 2020
Much of Italy’s banking sector now uses Spunta, a blockchain network based on technology from New York-based firm R3. JPMorgan Chase’s in-house digital currency JPM Coin recently went live for the first time with a large technology client. Covid-19 may have a role to play in spurring banks to roll out comm...

How Airlines Can Save Millions with Blockchain

November 26, 2020
We do not have one industry where blockchain technology has not crawled its way into, but the question remains: is the aviation industry making the most of it? Did you know that blockchain technology in the airline industry is the key element in creating a seamless travel experience?  I can imagine a ...

Beyond the Data: Is Blockchain the Answer to Improving Global Health?

November 26, 2020
The pharma industry has long been riddled with data accuracy, privacy and transparency issues affecting clinical trials, supply chain and counterfeit drugs. The industry has been exploring technological solutions to address these issues. The COVID-19 pandemic has highlighted the urgency for adoption of dig...

Skuchain and Mitsubishi Launch Blockchain Platform ECO for Metals and Mining

August 13, 2020
Skuchain, a US-based blockchain company, has collaborated with Mitsubishi Corporation RtM Japan, the metals and mining trading subsidiary of Mitsubishi, to start the ECO platform for expensive metals trading. Powered by Skuchain’s proprietary EC3 platform for blockchain-based SCM and finance, ECO supports ...

Ubitquity Signs a Deal to Build Out Blockchain Platform for Rainier Title

August 13, 2020
Ubitquity, developer of a blockchain-secured platform for real estate and title recordkeeping, has declared a new collaboration with Rainier Title. As part of the alliance, Ubitquity will develop a platform for creating a tokenized property title and parallel records of conveyances for Washington-based Rai...

IP Australia and NRL Test Blockchain to Fight Counterfeits

August 13, 2020
IP Australia has collaborated with the NRL (National Rugby League) to test a new digital app created to reduce counterfeiting. Under the trial, two of the NRL’s official online merchandise stores, NRL Shop and Savvy Supporter, will be registered with the “trust badge” as visible proof tha...

EC Explores Blockchain Technology for Remote Voting

August 13, 2020
While exploring the next steps to overcome geographical barriers while casting votes, Election Commission officials investigated the potential of using blockchain technology to enable remote voting. Blockchain is a system in which the database of recordings (a ‘chain’) arrives on multiple computers simulta...

Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA

August 12, 2020
Energy and transportation startup EVShare is starting a community energy-sharing pilot in Los Angeles. The initiative, which gained $20 million in ally funding and a $9 million grant from the California Energy Commission, is set to trial the application of blockchain technology in maintaining a localized r...

Kadena Implements First Crypto Gas Station on Blockchain

August 12, 2020
Kadena, a network that combines public applications with private blockchains, has successfully achieved the world’s first crypto gas station on its blockchain. Kadena announced the news by a blog post on its official medium channel on August 6. Kadena attempts to solve the onboarding process of people seem...

Paystand Blends Card, Blockchain Rails for B2B Payments

August 12, 2020
Cards are getting ground with B2B buyers, particularly as the coronavirus outbreak clutches business owners’ cash reserves. However, this leaves suppliers spending more on interchange fees as they accept more cards. Paystand declares it has hit on a hybrid solution to the problem with Zero Card, which depl...

OMC Group Launches Tradable Blockchain Game Omni Pets

August 12, 2020
OMC Group Sdn Bhd “(“OMC Group”) is providing a fun way to know about blockchain by a game of collecting unique tradable digital tokens with the launch of Omni Pets today. Omni Pets are digital tokens developing utilizing the ERC-721 open standard based on the Ethereum protocol and are no...

JPMorgan is Developing its Blockchain Engineering Team

August 10, 2020
JPMorgan is not new to blockchain. The bank has been operating on distributed ledger technology (DLT) since around 2015. However, it appears to be going deeper into the area in late 2020. In the past few weeks, JPMorgan has unveiled at least 11 new blockchain engineering jobs, which seems a lot since the b...

MarketOrders Vows to Rid Independent Jewellers of “Outdated Processes”

August 10, 2020
Online B2B marketplace MarketOrders has declared its upcoming blockchain technology. It says it will substitute outdated versions, fight industry fraud, and increase delivery times for independent jewelers, thereby increasing their profits. Blockchain technology allows independent jewelry retailers to sour...

ACLU, EFF Against Blockchain for COVID-19 Tracking

August 10, 2020
The Electronic Frontier Foundation (EFF) and American Civil Liberties Union (ACLU) have expressed against a new law in California that aspires to utilize blockchain for COVID-19 tracing. Last week, in an online post, the digital rights duo described the bill as a “huge privacy concern.” It appended that “n...

Animoca Brands and Atari Introduce Blockchain Gaming

August 6, 2020
Blockchain-focused gaming developer Animoca Brands has revealed an expansionary development of its existing collaboration with cult classic gaming company Atari. Extending an existing agreement dating back to December 2018, Animoca Brands stated the new amendment extends its access to an extra 15 Atari gam...

Cambodian Rice Exporter Taps Blockchain for Better Supply Chain Management

August 6, 2020
In a bid to promote transparency in the Cambodian rice industry, and set measures in place to mitigate the sufferings of farmers in the region, Schuttelaar and Partners (SP) and Amru Rice are associating on a blockchain project dubbed BlocRice. As per sources close to the development, the team sent out a s...

Blockchain Plastics Tracking Gathers Steam

August 6, 2020
CSSA, Layfield, London Drugs, NOVA Chemicals, Merlin Plastics, Recycle BC, Return-It, Save on Foods, and V.I.P. Soap has joined BASF in a project that utilizes blockchain to trace plastic by its lifecycle. Named reciChain, the project uses a blockchain solution provided by SMX with a physical marker that a...

Honeywell Adds Granularity to Aircraft Parts Blockchain

August 6, 2020
Honeywell Aerospace started a blockchain to help its GoDirect Trade online portal for aircraft parts, in 2018. Airlines must keep records of the maintenance of all aircraft parts, no matter where in the world the work is performed. The first emphasis of Honeywell’s blockchain stored PDF documents and...

Voatz Blockchain Voting Platform Complies With Federal Guidelines

August 5, 2020
Mobile voting provider Voatz has announced its platform is compliant with federal voting system guidelines. It declares after ‘comprehensive’ testing by an independent lab. Pro V&V, a software and systems third-party test laboratory, authored a 47-page report which terminated that Voatz ...

GetBlock.io Launches a Service for Fast and Secure Access to Blockchain Nodes

August 5, 2020
GetBlock is a service that offers a connection for the major cryptocurrencies’ nodes. They support tools like JSON-RPC, REST, and WebSockets, which promote direct synchronization with the blockchain. There is no obligation to run a node yourself; the platform enables its consumers to connect to the blockch...

Bolero Joins Blockchain Trade Finance Platform Marco Polo

August 5, 2020
Bolero is joining Marco Polo to combine the Bolero e-Bill of Lading solution to the blockchain trade finance platform’s offering. Moreover, Bolero is an associate of letter of credit blockchain Contour. Leading Trade Digitisation provider Bolero International has entered the Marco Polo (network), to bring ...

Avery Dennison integrates with public blockchain VeChainThor

August 5, 2020
Smart labeling company Avery Dennison (AD) and VeChain described their ToolChain Enabled Solution on the 14th International Internet of Things Exhibition 2020, conducted in Shenzhen, China., in late July Due to Covid-19, customers require safer, healthier, and more traceable products. Blockchain and IoT pr...

Electric Capital Launches $110 Million Fund Focused on Cryptonetworks and Blockchain Businesses

August 4, 2020
Today, Electric Capital declared the closing of its second fund, a $110 million seed, and Series A fund, focused on crypto networks and blockchain-enabled businesses. The firm is led by co-founders Avichal Garg and Curtis Spencer. The founders are serial entrepreneurs, former executives at Facebook and Goo...

Overstock’s Blockchain Ventures Growing in Q2

August 4, 2020
Current Q2 financial details from blockchain-involved company Overstock show triple-digit percentage growth as opposed to the same time in 2019. “Total net revenue was $783 million, an increase of 109% year over year,” a public statement said on July 30. “Gross profit was $180 million or ...

DIA Harnesses Blockchain to “Democratise” Financial Data

August 4, 2020
Swiss open-source financial information platform DIA (Decentralised Information Asset) is launching a Wikipedia-style platform created on the blockchain, which is intended to become the go-to source for financial markets data. Developed to be fully transparent and community-owned, DIA will allow users to c...

Blockchain Initiative Brings Alibaba & Israel Ports Company to Join Forces

August 4, 2020
A new Blockchain Bill of Lading initiative from the IPSCA (International Port Community Systems Association) has gained a significant ‘vote of confidence,’ with Chinese e-commerce and technology group Alibaba signing up to the project by the organizations’ joint Logistics Visibility ...

Bitcoin May Be Poised For the Next Bullish Breakout

August 3, 2020
As market prices finally break free from months of stagnancy, many believe it’s a sign of good things to come. Good investing practices have always seemed to have some amount of witchcraft involved in them. As most seasoned investors that consistently turn profits seem capable of reading markets in the sam...

Huawei Seeks Patent for Blockchain-Powered Storage

August 3, 2020
China’s Huawei proceeds to fund blockchain technology as it seeks to join the global leaders in the quickly developing enterprise blockchain industry. In its recent move, the tech giant filed patent applications to utilize blockchain in its storage devices. Huawei followed in the footsteps of its opponent ...

Dubai Debuts Nationwide Data Platform Powered by Blockchain

August 3, 2020
The United Arab Emirates is debuting a blockchain-based Know Your Customer platform. This platform is set to become a nationwide system for exchanging verified consumer data. DED, or Dubai’s Department of Economic Development, and state-run bank Emirates NBD are rolling out their UAE KYC Blockchain P...

EY Named as a Top Enterprise Blockchain Service Provider

August 3, 2020
EY today declared it had been ranked third in HFS Research’s annual Top 10 Enterprise Blockchain Services Report, based on the organization’s bold public blockchain market vision and software development-led go-to-market strategy. HFS, a technology analyst firm concentrated on determining the f...

India’s First-Ever COVID-19 Blockchain Platform BelYo Launched

August 3, 2020
Global blockchain startup BelfricsBT, along with YoSync, a startup incubated at IIITB-IMACX Studios, has inked a research collaboration in agreement with IIIT Bangalore to develop India’s first COVID-19 blockchain platform, BelYo jointly. The Mphasis F1 Foundation has funded the project as a part of ...

Blockchain and how it can change construction

August 1, 2020
Blockchain has had a short but fascinating history. Though the general concept of the technology was outlined a few decades ago, it has only been practiced for a handful of years. And throughout that brief history of blockchain, the defining achievement has unquestionably been facilitating the launch of cr...

Cypherium to Assist China in Advancing Blockchain City Infrastructure

August 1, 2020
Cypherium, the enterprise-level blockchain platform, will contribute to the blockchain development of a major Chinese city. An associate of global tech giants like Microsoft and Google, Cypherium has inked a Memorandum of Understanding, or MoU, with Suzhou City Municipal to advance the city’s develop...

Why Blockchain Exchanges Are Now Using Traditional Exchange Technology

August 1, 2020
Typically, blockchain exchanges and traditional exchanges, like the Nasdaq or London Stock Exchange, have been seen as opposites where blockchain exchanges are viewed as a more open, community-focused option. In contrast, traditional exchanges are viewed as relics of the old financial system — stuffy and c...

HashStacs to Develop Blockchain for Tracking Investor Holdings

August 1, 2020
Project’s Harbour is concentrated on offering Bursa Malaysia’s Central Securities Depository (CSD) a choice to promote growth — as explained in a press release by Bursa Malaysia. The blockchain-powered platform will enable the tokenization of bonds to allow investors to trace their holdings and automa...

LocalBitcoins Adopts Blockchain Analytics for AML Safeguards

July 31, 2020
LocalBitcoins is the latest digital currency marketplace to utilize blockchain analytics tools. The platform has commenced using Elliptic’s Navigator risk analysis tool and Lens wallet screener to deter criminals from utilizing their marketplace. A CipherTrace report intimated that LocalBitcoins got the mo...

Sonoco ThermoSafe Develops Industrywide PharmaPortal Platform Using IBM Blockchain Technology

July 31, 2020
Sonoco ThermoSafe, a unit of Sonoco, the largest global provider of temperature assurance packaging for pharmaceutical distribution, is developing PharmaPortal™, a vendor-neutral blockchain platform for application by pharmaceutical manufacturers and carriers. Created on IBM Blockchain Transparent Supply, ...

Malaysia’s National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

July 31, 2020
Malaysia’s national stock exchange, Bursa Malaysia, will conduct a blockchain Proof-of-Concept (POC) called “Project Harbour” to investigate the DLT management of the country’s bonds market. Project Harbour is an initiative that will leverage distributed ledger technology (DLT) to digitize and develop Mala...

Chinese Cyberspace Comission Recognizes VeChain’s Blockchain Technology

July 31, 2020
An article issued in the Chinese daily newspaper “Guangming Daily” was released on the website of the Chinese Office of the CCAC (Central Cyberspace Affairs Commission). The report reviews recent use cases of blockchain in industry and business and how it can transform the healthcare industry for the bette...

Ukraine Taps Blockchain Analytics Firm to Trace Digital Currency Transactions

July 30, 2020
The Ukraine Ministry and Committee of Digital Transformation have inked a deal with Crystal Blockchain that enables them to track digital currency transactions. Ukraine states its primary goal is to utilize the blockchain analytics software to support the country in “the rapid formation and legalization of...

Visa is Getting Behind Digital Currencies and Blockchain

July 30, 2020
Payment titan Visa has declared its support and development of blockchain and digital currencies. The financial services company wrote in a blog post, “we’re reshaping how money moves across the globe, and that means pursuing a broad array of technologies and partnerships. In that regard, digital currencie...

Riskstream Tests Blockchain Proof of Insurance

July 30, 2020
In the recent social distancing climate, there is a definite trend towards touch-free interactions. If stopped by a police officer, most drivers have to hand over a paper-based proof of insurance. The Institutes RiskStream Collaborative declared the completion of a contactless proof of insurance test, incl...

Dubai’s Department of Economic Development Launches UAE KYC Blockchain Platform

July 30, 2020
Dubai Economy (Dubai Department of Economic Development or DED) and Emirates NBD, a leading banking group in the MENAT region (Middle East, North Africa, and Turkey), have declared the go-live of the UAE KYC Blockchain Platform. The project is defined as an initiative that promotes secure digital consumer ...

TASE Launches A Central Blockchain Securities Lending Platform

July 29, 2020
The Tel-Aviv Stock Exchange (TASE) declares the launch of its central blockchain securities lending platform in Israel. This will enable capital market players to direct lending among all the primary financial instruments. According to TASE, the Blockchain Securities Lending (BSL) intends to discuss the fr...

Alpha Sigma Capital Invests in Blockchain Social Media Platform Hyprr

July 29, 2020
Social media usage is continually evolving with Gen-Z consuming five billion hours globally, more than any generation before. Hyprr allows an all-in-one social media and content delivery platform created on blockchain technology to offer more control to users and creators. Hyprr’s business model begi...

SBI Combines Corda Blockchain, Ripple Tech for S Coin Local Currency

July 29, 2020
Japan’s SBI Holdings, an investor in both R3 and Ripple, declared a new S coin platform that utilizes R3’s enterprise blockchain Corda to issue regional currencies. SBI says it commenced trialing the coins with group employees this month. The goal is a digital currency issuance platform for electronic mone...

Ocean Protocol Delivers Blockchain-Based Decentralized Data Orchestration for Daimler AG

July 29, 2020
More and more enterprises are shifting to monetize their data on the blockchain and viewing to securely save their information in the decentralized storage space provided by the blockchain. Now, Singapore-based non-profit foundation Ocean Protocol has declared it has delivered a pilot project doing precise...

Is Blockchain the Answer to Price Discovery?

July 28, 2020
There are ways to have more price reporting without a government mandate or appending costs to cattle procurement. Identified as “blockchain technology,” various leaders in the cattle industry think it’s a viable option. Veteran Texas cattleman Bill O’Brien describes blockchain as &...

Italian Banks will Implement Corda Blockchain

July 28, 2020
The banks in Italy will now be using the Corda blockchain to bolster the double-verification transaction logs. This approach by the financial institutions of Italy is an inclination of mass blockchain adoption. The head of the Italian Banking Association (Associazione Bancaria Italiana or ABI), Silvia Atta...

Introducing Blockchain Technology The Legal Way

July 28, 2020
Commercial litigation in India is largely based on the reconciliation of diversity in the ledger entries of two parties. Ledgers are separately maintained by parties appearing in a greater chance of several entries. Blockchain technology is fast developing as a tamper-proof universal ledger. The benefit of...

Smart Contract Language DAML Now on Corda Blockchain

July 28, 2020
Today Digital Asset declared that its cross-platform smart contract language DAML is now available for developing applications on enterprise blockchain R3’s Corda. Digital Asset recently declared an investment from VMware, which appended to its total funding of more than $150 million from big names like Sa...

Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale

July 27, 2020
The Avalanche project, a blockchain protocol established by Cornell’s Emin Gün Sirer, has concluded a $42 million public token sale after raising $12 million in a private sale in June. Avalanche blockchain developer AVA Labs stated that the Avalanche network launch is assumed to come by the end of Au...

ESPN Global Integrates Blockchain With Online Gaming

July 27, 2020
 The ESPN Global E-Sports programming network currently declared that it had combined online gaming with blockchain technology. The move does not come as a huge surprise, reflecting that gaming has been one of the oldest associates of the blockchain industry. ESPN Global moves its online games to the ...

Korean Central Bank Launches Blockchain and AI Department

July 27, 2020
South Korea’s central bank is stepping up its efforts in digitizing the economy, starting a new department devoted to developing technologies. The new department will concentrate on the blockchain, artificial intelligence, and other cutting-edge technologies. The Bank of Korea currently unveiled that it wi...

Blockchain-Based Smart City Project Limestone Plans for Token Listing

July 27, 2020
Limestone Network, a Singapore-based blockchain project for creating smart cities, has declared on July 23, it will list its native token-LIMEX on Bitrue crypto exchange for trading.   According to the report, LIMEX will combine an entire smart city’s applications like property management, ...

Binance to Transfer BUSD Across Blockchains on Syscoin-Ethereum Bridge

July 25, 2020
Major cryptocurrency exchange Binance intends to utilize a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge formed by Blockchain Foundry — the firm powering the Syscoin blockchain — will enable BUSD holders to move their tokens between t...

Philippines Utilizes Blockchain for Retail Government Bonds

July 25, 2020
On Sunday, UnionBank launched an app “bonds.ph” that leverages blockchain and allows customers to purchase retail treasury bonds (RTBs) issued by the Philippines Bureau of the Treasury (BTr). This is the 24th RTB issue since 2001 to promote financial literacy and for the unbanked to open a bank account and...

COVID-19 Tracking Blockchain Platform Launched

July 25, 2020
Global blockchain startup BelfricsBT and YoSync, a startup incubated at IIITB-IMACX Studios, inked a research partnership in agreement with IIIT Bangalore to collectively develop BelYo, a Covid19 tracking blockchain platform. The Mphasis F1 Foundation has funded the project. The platform is recently being ...

HashCash Extends Blockchain Support to Global Pharma Company for Clinical Trials

July 25, 2020
USA’s HashCash Consultants is expanding its blockchain expertise to a global pharmaceutical company to support them in secured record-keeping of clinical trials by smart contracts. Smart contract development occurs to be one of the most sought after services of the leading blockchain development comp...

Chainalysis Widens Access to Its Blockchain and Crypto Certification Program

July 24, 2020
New York-based blockchain analytics firm Chainalysis is extending access to its certification program in crypto fundamentals to the broader professional community. Declared on July 23, the company stated that its Chainalysis Cryptocurrency Fundamentals Certification (CCFC) would, from now on, be open to pr...

Alpha Sigma Capital Invests in Blockchain Financial Operating System Company Quant Network

July 24, 2020
Quant Network (“Quant”) is resolving the difficulty of interoperability over private and public DLTs (Digital Ledger Technology). Quant’s main product is Overledger OS, an operating system that combines enterprise networks with various blockchains and allows companies to launch and scale enterprise-grade m...

Alibaba Payments Subsidiary Launches AntChain Blockchain Solution

July 24, 2020
The payments subsidiary of the Chinese e-commerce giant Alibaba, Ant Group, today launched a new blockchain solution dubbed AntChain. According to a report issued on South China Morning Post, AntChain is created on top of Ant Group’s blockchain technology combining artificial intelligence (AI), Intern...

Indian PM Backs Blockchain Technology as ‘Frontier Technology’

July 24, 2020
The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology,’ reviving hopes that the country is embracing cryptocurrencies. In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, India’s Prim...

South Korea’s Largest Blockchain Project ICON Connects Cross-Chain Data Oracle Band Protocol

July 23, 2020
Band Protocol, a Sequoia-backed, cross-chain data oracle platform, has combined with a blockchain network ICON to build South Korea’s largest Blockchain Project to date. The merger emphasizes the development of real-world applications for secure and scalable data oracles. “We are excited to be ...

TZERO Adds Resort Hotel Security Token To Trade On Its Blockchain System

July 23, 2020
tZERO declared today that it has entered into a collaboration with Aspen Digital Inc. to allow its digital security (ASPEN) to trade on the tZERO ATS platform. The ASPEN shares design $18 million of indirect ownership in the St. Regis Aspen Resort, Colorado. Saum Noursalehi, the tZERO’s CEO, stated h...

Verisign Wins US Patent for Blockchain Powered Domain Names

July 23, 2020
Verisign, a significant domain name registry that manages the ‘.com’ and ‘.net’ domains has acquired a patent that applies blockchain technology to domain names. The United States Patent and Trademark Office (USPTO) granted patent number 10,721,060 to Verisign on July 21. Addresses instead of numbers Title...

RippleNet to Use Open Network And Blockchain to Enable Financial Services

July 23, 2020
The Philippines has been introducing a variety of smart e-wallets to help the unbanked population gain access to financial services while also opening remittance corridors all over the world. The Philippines is the third remittance-receiving country globally, and it’s a competitive market that RippleN...

Volvo Cars Tech Fund Invests in Blockchain Firm Circulor

July 22, 2020
Trading Enterprises, the exclusive distributor of Volvo cars in the UAE, has declared that Volvo Cars has invested in blockchain technology firm Circulor via the Volvo Cars Tech Fund, the company’s venture capital investment arm. Circulor and Volvo Cars have been operating together in current years to impl...

Over 300 Italian Agricultural Companies Adopt VeChain’s Blockchain

July 22, 2020
Coldiretti and Princes Industrie Alimentari have joined forces to start a project to assure the supply chain for vegetables, combining VeChain as a DLT (decentralized ledger technology). Coldiretti (Confederazione Nazionale Coltivatori Diretti) is the largest association serving and supporting Italian agri...

SMBC Joins Two Blockchain Trade Finance Consortia Komgo, Contour

July 22, 2020
Today, Sumitomo Mitsui Financial Group (SMBC) declared that it’s joining two blockchain trade finance consortia, komgo, and Contour. Both networks recently concentrate on Letters of Credit. While open account trade finance obtained market share for many years, there was a turnaround in 2019 that witn...

Waste Aid To Fight Plastic Pollution With Blockchain Technology

July 22, 2020
Blockchain technology will support Waste Aid’s mission to share low-cost waste management expertise to communities that require it most across the globe, in the charity’s new association with Edinburgh-based cryptocurrency exchange platform Zumo. Through the collaboration, Zumo users will be able to donate...

Chronicled and Deloitte Associate to Accelerate Blockchain During COVID-19 Pandemic

July 22, 2020
Chronicled and Deloitte today declared a collaboration to bring blockchain-powered solutions to the life sciences and health care industry. The partnership will use technology and solutions powered by Chronicled’s MediLedger Network, a blockchain-based network for the life sciences industry, to bring...

Blockchain Startup Maksab Launches Digital Dealmaking Platform for SMBs

July 21, 2020
Streamlining the dealmaking process for SMBs (Small and Medium-Sized Businesses) in times of Covid-19 pandemic is very essential. UAE-based blockchain technology powered startup Maksab has started a digital platform that it states will allow corporate advisors and consultants to serve and support SMEs. The...

Japan Company Issues Digital Graduation Certificates Using Blockchain Technology

July 21, 2020
Japanese company LasTrust Inc. has introduced a service that offers digital graduation certificates on the blockchain. The service digitizes traditional graduation certificates utilizing CloudCerts, a platform created to issue certificates on the blockchain. The service is designed to decrease face-to-face...

Chinese Blockchain-Powered Cross-Border Trade Pilot Handles USD 4.4bn

July 21, 2020
The operators of a Chinese blockchain-powered cross-border trade pilot platform are set to develop the platform’s scope – with multi-million dollar trade deals being conducted in a key testbed area. As per Haiwainet, the central government is trialing the effectiveness of the network in the Guangdong-Hong ...

NTT Data to Set Up Research Centre in Singapore

July 20, 2020
Top Japanese data solutions firm NTT Data is launching a centre of excellence in Singapore with LeapThought, a New Zealand strategic consultancy. It aims to promote the construction sector’s productivity and flexibility against Covid-19, labor shortages, and supply chain disruptions. NTT Data Singapo...

Waves Enterprise Associates With Microsoft in a Blockchain Deal

July 20, 2020
Waves Enterprise and Microsoft’s Russian office have entered in a strategic five-year collaboration in the sectors of corporate blockchain solutions and cloud technologies. Waves revealed this news through a blog post, noting that this partnership will view Microsoft Azure Marketplace combines Waves blockc...

Blockchain Plays Leading Role in Germany’s Renewable Energy Evolution

July 20, 2020
Germany’s renewable energy push is taking shape as the nation abandons coal and nuclear-based energy generation. The country has set itself the target of 2022 for the decommissioning of all nuclear-based electricity production. All coal-based energy production will face the same fate by 2038. This ha...

Can Blockchain Help Prevent Government Corruption?

July 20, 2020
Blockchain can be a powerful tool in countering government corruption, leading to greater transparency, automation, and auditability. According to a report by the World Economic Forum, blockchain has a crucial role to play in enhancing governance, and in stopping corruption in a range of public administrat...

Blockchain Pioneer VideoCoin Network Launches Significant Partnership Initiatives

July 18, 2020
VideoCoin Network, making disruptive innovation by decentralization to video processing, is commencing its next chapter following the delivery of its commercial release after years of intense development. It is now making significant investments into significant multi-pronged collaboration, marketing, and ...

Blockchain Now a “Strategic Priority” for Business

July 18, 2020
The adoption of blockchain-based solutions is growing across the business world, with TMT, financial services, and non-food manufacturing industries recognized as leading the trend. Moreover, increased investment in blockchain and digital assets is now a top-five strategic priority for organizations, with ...

MeitY, Software Technology Parks of India Launch Blockchain Incubation Centre in Gurugram

July 18, 2020
To promote blockchain technology and related startups in India by offering them mentorship, funds,  intellectual property services, office space, and cutting-edge research facilities, Software Technology Parks of India (STPI) — an organization under the Ministry of Electronics and IT — on Friday launc...

AI-Blockchain Platform Develops Digital Assets From Personal Data

July 18, 2020
Artificial Intelligence (AI) specialist Kneron declared the launch of its KNEO platform on July 16, connecting edge AI devices with blockchain technology to build secure and private personal networks. The Kneron Neural-network Edge-AI Open platform also develops digital assets out of personal data which ca...

140 Government Services Applications In China Are Using Blockchain Technology

July 17, 2020
The Chinese government released its first blockchain or distributed ledger tech (DLT) application blueprint for managing government services. As noted in the blueprint documents, 140 government service applications are utilizing some blockchain technology. These software applications involve data sharing a...

Sri Lankan Container Terminal Joins TradeLens Blockchain Platform

July 17, 2020
The first private Sri Lankan container terminal, SAGT or South Asia Gateway Terminals, currently joined IBM and Maersk’s blockchain trade platform TradeLens. It is the first terminal in the country to utilize blockchain technology to digitize its trade processes. In an announcement on July 16, Ma...

Big Coffee Sellers Use Blockchain To Connect Farmers And Consumers

July 17, 2020
Production transparency and blockchain technology are natural associates in the revolutionization of supply chain management. This may appear like a business platitude recorded about a new corporate event, but distributed ledger technology keeps making development with large companies. Farmer Connect decla...

US FDA Considers Blockchain Technology for Food Security

July 17, 2020
The United States Food and Drug Administration released a blueprint and pilot study for food safety, emphasizing blockchain as viable for some of the recognized challenges. The blueprint, issued earlier this week, breaks down some of the difficulties facing food distribution throughout the nation and ...

Blockchain May Facilitate the ‘New Normal’ of Contactless Parcel Delivery

July 16, 2020
The spread of Covid-19 has transformed the handover of online purchases to customers. With severe anxieties about possible infection, contactless delivery, with no signature for goods collected, has become the norm. FedEx and UPS discontinued signature requirements for deliveries in March, without any repo...

South Korea Brings Blockchain Technology to Healthcare

July 16, 2020
The government of South Korea is working its best to utilize blockchain technology in different industries. The country’s central bank is reviewing the application of a central bank digital currency, and several government ministries need to adopt decentralized identification features within their recent s...

Charity Giant Behind Give.org Launches a Blockchain Donation Platform

July 16, 2020
Better Business Bureau, or BBB — the charity giant behind Give.org — launched a privacy-focused donation platform created on the Ardor (ARDR) blockchain. According to a July 4 declaration, BBB’s charity monitoring organization Wise Giving Alliance launched a blockchain-powered donation platform, Give...

Blockchain Accounting Problems Could Be Limiting Mainstream Adoption

July 16, 2020
Blockchain is the future of financial reporting. However, various issues stand in the way of broader utilization and adoption. A large part of the blockchain and cryptoasset discussion, at least in accounting and financial reporting circles, has been how blockchain will impact and develop the reporting and...

Blockchain Firm Telos Provides Origin Tracing to Spanish Cider Makers

July 15, 2020
Alcohol and blockchain technology may not be obvious bedfellows. With distributed ledger technology being welcomed in logistics and manufacturing, two cider companies in Spain have leaped into the world of blockchain product tracing. In collaboration with blockchain developer Telos, Sidra Menéndez S.L. and...

DBS, Contour Conclude Secured Letter of Credit Transaction on Blockchain Network

July 15, 2020
DBS and blockchain trade-finance network Contour declared the completion of the network’s first digital end-to-end secured letter of credit (LC) as part of efforts to digitalize trade finance. The transaction was made between Nanjing Iron & Steel, Singapore Jinteng International, and Hope Downs M...

Immunity Passports can be Blockchain’s Breakthrough Application

July 15, 2020
Covid-19 immunity passports have been lauded as a potential way to overcome the future influence and spread of the virus. In theory, immunity passports could aid take the strain off frequently stretched healthcare systems and help reinvigorate shrinking economies. Nevertheless, as the UK’s effort to comple...

Blockchain Could Help to Foster Global Jobs Creation

July 15, 2020
A report published by the World Economic Forum, or WEF, emphasized the crucial role of fourth industrial revolution technologies. New technologies such as blockchain could support stimulating growth by executing “nature-positive” solutions following the COVID-19 outbreak. According to the “Future of Nature...

Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement

July 14, 2020
Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have collectively finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup Clear, the solution is anticipate...