Komal Joshi

Author: Komal Joshi
Komal is a highly-skilled, enthusiastic, self-motivated Content writer with excellent communication skills. She is passionate about writing articles in different genres. She has considerable creative and technical skills and loves writing about technology.

Paystand Blends Card, Blockchain Rails for B2B Payments

August 12, 2020
113
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
103
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...

MarketOrders Vows to Rid Independent Jewellers of “Outdated Processes”

August 10, 2020
41
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 It says it will substitute outdated versions, fight industry fraud, and increase delivery times for independent jewelers, thereby increasing their profits.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
44
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...

Blockchain Plastics Tracking Gathers Steam

August 6, 2020
200
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
173
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...

Bolero Joins Blockchain Trade Finance Platform Marco Polo

August 5, 2020
210
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
264
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...

DIA Harnesses Blockchain to “Democratise” Financial Data

August 4, 2020
165
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
211
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 ...

EY Named as a Top Enterprise Blockchain Service Provider

August 3, 2020
241
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
259
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 ...

Why Blockchain Exchanges Are Now Using Traditional Exchange Technology

August 1, 2020
273
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
256
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...

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

July 31, 2020
273
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
339
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...

Riskstream Tests Blockchain Proof of Insurance

July 30, 2020
349
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
291
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 ...

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

July 29, 2020
276
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
369
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...

Introducing Blockchain Technology The Legal Way

July 28, 2020
276
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
438
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...

Korean Central Bank Launches Blockchain and AI Department

July 27, 2020
314
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
412
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, ...

COVID-19 Tracking Blockchain Platform Launched

July 25, 2020
645
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
520
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...

Alibaba Payments Subsidiary Launches AntChain Blockchain Solution

July 24, 2020
320
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
528
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...

Verisign Wins US Patent for Blockchain Powered Domain Names

July 23, 2020
349
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
275
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...

SMBC Joins Two Blockchain Trade Finance Consortia Komgo, Contour

July 22, 2020
291
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
247
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...

Japan Company Issues Digital Graduation Certificates Using Blockchain Technology

July 21, 2020
135
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
159
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 ...

Blockchain Plays Leading Role in Germany’s Renewable Energy Evolution

July 20, 2020
271
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
328
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...

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

July 18, 2020
1065
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
310
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...

Big Coffee Sellers Use Blockchain To Connect Farmers And Consumers

July 17, 2020
361
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
340
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 ...

Charity Giant Behind Give.org Launches a Blockchain Donation Platform

July 16, 2020
578
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
262
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...

Immunity Passports can be Blockchain’s Breakthrough Application

July 15, 2020
342
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
310
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...

Gaming Titan Ubisoft Signs Deal with Blockchain RPG Nine Chronicles

July 14, 2020
293
Global video game publisher Ubisoft proceeds to strengthen its presence in the burgeoning blockchain gaming space, declaring today that it has inked a new advisory collaboration with developer Planetarium for its game Nine Chronicles. Joining Ubisoft is a decentralized tech accelerator firm Hashed, which h...

DNV Utilizes Blockchain to Certify Public Health at InterContinental Shanghai

July 14, 2020
288
InterContinental is utilizing a blockchain solution from DNV GL at one of its Shanghai hotels. DNV GL certified that the InterContinental Shanghai Hongqiao NECC hotel complies with health and safety protocols for public health protection amid the COVID-19 pandemic, a Guangming Daily report said. Accreditat...

Secret Service Launches Task Force, Coinbase Criticized for Licensing Blockchain Software

July 13, 2020
381
The U.S. Secret Service has declared a new task force that merges two existing task forces into one, just as Coinbase Inc. has come under criticism for licensing its blockchain analytics software to the agency. The new Cyber Fraud Task Force connects the Financial Crimes Task Force’s services and the...

Blockchain Platform Targets Change in Agriculture & Fishing Industries

July 13, 2020
292
Release, a blockchain-powered social commerce platform, has declared on July 12 that its platform is ready to revolutionize the agriculture and fishing industry. The agriculture and fishery industries have a vast potential to scale at a global level if problems such as logistical efficiency and price fairn...

MarinTrust Backs Blockchain Traceability for Fish Byproducts

July 11, 2020
413
Earlier this week, standards body MarinTrust, declared plans to mandate recording of key data about fish byproducts for traceability and outlined its vision of blockchain’s role. When you purchase Omega 3 fish oil, you may be capable of discovering all the details about its source. Earlier known as IFFO RS...

Alchemy Aims to Transform Blockchain Development with New Build Tools

July 11, 2020
415
Some blockchain companies provide significant bug bounties to white hat hackers who seek flaws and escapades in their code; some postpone launches for months as their developers track down possible attack vectors and frailties. And in the prospect, some will use Alchemy Build — a suite of developer tools m...

Port of Rotterdam unveils pin-free blockchain container handling pilot

July 10, 2020
361
The Port of Rotterdam has revealed a new pilot blockchain-based project to make container handling safer and more effective by eliminating the requirement to utilize a pin code. In a statement, the Port of Rotterdam said it would launch an application named the Secure Container Release, which states it is ...

Blockchain Monitoring Platform PARSIQ Integrates with Bitsgap For Automated Trade Order Executions

July 10, 2020
340
PARSIQ, a blockchain monitoring and workflow automation platform that offers tools for analyzing, detecting, and preventing cryptocurrency-related fraud, states it wants to become the “Zapier for blockchain.” As stated in a release, PARSIQ works on a “multi-level” bridge between various blockchains and var...

Tinderbox Denmark A/S Implements RocketFuel Blockchain Technology

July 9, 2020
364
RocketFuel Blockchain, Inc., a developer of blockchain-based check-out and privacy protection technologies, declared that Tinderbox Denmark A/S (tinderbox-kids.dk), a major Scandinavian-based retail chain, has chosen RocketFuel’s disruptive blockchain technology for the implementation of its 1-3 click chec...

Klaytn Implements Fee Delegation Policy for Blockchain Services

July 9, 2020
376
Klaytn, the blockchain project of Korea’s largest messaging app operator, Kakao, today declared that, in celebration of the 1st anniversary of the mainnet launch, it commences a fee delegation policy for its associates operating blockchain applications on the Klaytn platform. Klaytn will cover any tr...

Chinese Courts Utilize Blockchain Technology for Property E-Sealing

July 8, 2020
334
Various courts in China have executed blockchain technology as a means to secure properties with an electronic seal. The Executive Bureau of the People’s Court in Haidian District, Beijing, has reportedly used a blockchain-based electronic seal to secure a property in Chaoyang district. E-sealing sys...

South Korea Considers Blockchain-Run Free Trade Zone

July 8, 2020
441
Andong, a city in the Gyeongbuk province of South Korea, declared on July 7 that they’ve been granted a permit to operate a free trade zone for industrial hemp. They further declared that they would manage their services by a blockchain-based platform. According to Newspim, Gyeongbuk’s governor, Lee Chul-w...

Busan Port receives funding to introduce blockchain smart logistics system

July 7, 2020
331
Today Busan City and the Busan Institute of Industrial Science and Innovation declared that they finished the planning stage for an unmanned smart logistics system that utilizes blockchain in the Port of Busan. The port is the fifth busiest in the world. The project was started following a competition for ...

There are Reportedly Over 230 Blockchain or DLT focused Organizations Operating in Singapore

July 7, 2020
330
Several Singapore-based organizations currently teamed up to develop a map of what the city-state’s blockchain or DLT (distributed ledger technology) sector looks like, and how it has expanded considerably this year when compared to 2019. Numerous major DLT initiatives in the nation are supported by the In...

Chinese Supply Chain Innovator to Develop Blockchain System for SMEs

July 6, 2020
702
Binance’s new blockchain research institute in China has forged a strategic alliance with a state-level supply chain innovator to collectively develop digital infrastructure for SMEs (small and medium enterprises) in the country.  Declared on July 3, the Institute’s new associate is Z...

Zimbabwe Awaits Its Economy to Turn to Blockchain Technology

July 6, 2020
426
Zimbabwe is an underdeveloped country that is suffering from the last few years due to the destructive condition of its economy. If we take a brief review of the previous few years of the Zimbabwean economy, then it can be recognized that the country’s primary source of income is its agricultural out...

TISA Associates with Atos to Build European MiFID II Blockchain Utility for Asset Management Industry

July 4, 2020
526
TISA, the UK’s cross-industry financial services membership body, has appointed Atos, a digital transformation firm, to develop a digital utility for the asset management industry, described the TISA Universal Reporting Network (TURN). TURN is being designed to alleviate regulatory reporting requirem...

EIC Prize on Blockchains for Social Good Awards €5 million to Six Winners

July 4, 2020
332
The EIC (European Innovation Council) Prize on Blockchains for Social Good has reportedly awarded €5 million to six winners, who were selected based on their potential to produce scalable, “deployable” and “high-impact” blockchain or distributed ledger technology (DLT) solutions for addressing societal dif...

Biotech company TheraVab to implement IP management on dClinic’s Blockchain

July 3, 2020
516
More Biotech companies are starting to see the genuine cost savings they can obtain utilizing Blockchain for the management of their IP, Clinical Trials, and Supply Chain, to mention only a few areas of their operations. Investors and management can now clearly see where they are consuming their investment...

Public Mint Launches Blockchain with 200 Banks’ Support

July 3, 2020
325
Public Mint has started its “fiat-native” public blockchain on Wednesday, enabling anyone to tokenize fiat currencies “of any size with or without a bank account.” The project hit the market after a 2-year long development period and petitioning to have on-boarded over 200 banks to join its network. The co...

The Massive Growth Of Blockchain: Over 30% In Japan’s Sector

July 2, 2020
363
Specific sectors show massive growth in the blockchain industry, with statistics nailing over the past six months. In Japan, the number of cryptocurrency and blockchain-focused companies has leaped up by over 30% in 2020. As published in a report documenting the industry, Monex Group’s Monex Crypto Bank de...

METACO Associates For Fintech With The FSBC

July 2, 2020
526
METACO has formed an association with the Frankfurt School Blockchain Center (FSBC). The former is a security-critical infrastructure provider focused on enabling financial institutions to enter the digital asset ecosystem. The latter is a think tank and research center which investigates the implications ...

Chainlink oracles to power NFT-based blockchain games on Polyient

July 1, 2020
595
Chainlink’s technological abilities are in-demand this year, with its blockchain witnessing improved adoption this year courtesy its scalable smart contracts, oracles, and VRF (verifiable randomness function) features. NFTs and Chainlink On June 29, the firm stated Polyient Games, a venture fund and develo...

Blockchain Technology Is Getting Popular Through Online Courses

July 1, 2020
418
The decentralized system of Blockchain is being followed since 2008. Nevertheless, it came into notice individually in 2009 when the world underwent an enormous financial crunch where people began building more trust in decentralized methodology upon traditional banking.  Blockchain technology can be ...

Swiss tax law won’t change in response to the blockchain, says, lawmakers

June 30, 2020
425
Switzerland’s Federal Department of Finance has determined that the rapid development of blockchain and corresponding financial instruments doesn’t warrant changes to existing tax laws. The country’s existing legislation can accommodate the nascent technology. According to a press release...

New York Hospitals Receive Thousands in PPE Donations

June 30, 2020
436
The world’s largest bitcoin and cryptocurrency exchange has donated more than 200,000 N95 masks to New York hospitals, including Brooklyn’s Maimonides Medical Center. Binance Charity’s Crypto Against COVID fund is the first-ever genuinely transparent donation fund, operating on blockchain technology, Head ...

Binance-Backed Blockchain Auditing Firm Associates With Hdac to Track IoT Devices

June 29, 2020
517
Auditing firm CertiK and Hdac are teaming to bring the Internet of Things (IoT) devices onto a blockchain. Hdac’s blockchain platform strives to connect secure authentication, seamless mapping, and machine-to-machine transactions in a blockchain network with IoT devices. CertiK’s team of blockchain enginee...

Bid Goodbye to Stuck Transactions on Ethereum

June 29, 2020
420
Rockside, a Parisian blockchain company, established in 2018, released a free version of software to get rid of stuck transactions.  Stuck transactions are transactions that don’t get processed, usually because users haven’t paid enough money to get miners to prioritize their transactions.  On de...

Russia’s Blockchain Voting Site Crashes Shortly After it Went Live

June 27, 2020
443
Yesterday, Russia’s blockchain-based voting system encountered a hiccup soon after it went live in Moscow and Nizhny Novgorod. The web portal for the remote voting on constitutional amendments crashed due to peak load, Central Election Commission member Anton Lopatin said in a statement. This month, it was...

Vanguard’s Blockchain Platform to Go Live in Q3 2020

June 27, 2020
458
Mutual fund giant Vanguard has concluded another blockchain pilot intends to change the risk profile of FX (foreign exchange) transactions. The Valley Forge, Pa.-based investment firm, conducted the pilot on Symbiont’s Assembly blockchain with participation from BNY Mellon, State Street, and investment fir...

Polyient Games Is Bringing Blockchain Technology To The Gaming Industry

June 26, 2020
466
We’ve witnessed a couple of games using blockchain technology as their backbone. There’s Skyweaver, the Hearthstone-competing card game that utilizes the blockchain to offer players with actual ownership of the digital cards that they draw. And then there’s The Sandbox, the far more ambit...

Blockchain Verifies the Authenticity of Non-Genuine Nikes

June 26, 2020
527
Blockchain-based traceability platform VeChain will power the issuance of a limited-edition run of licensed Nike Air Max 1 shoes. Declared on June 24, Australian shoemaker Chase Shiel and retailer The Kickz Stand have associated with creating a limited run of the sneakers — which are also based on Stussy’s...

Circle Declares Support for USDC Stablecoin on Algorand Blockchain

June 25, 2020
543
The Algorand Foundation has declared that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain. The integration will enable consumers to utilize Circle APIs or Circle Business Accounts to transform funds from their bank account or card network into stable tokens on the Algorand...

Vanguard, Symbiont And Partners Collaborate To Accelerate Digitization Via Blockchain Technology

June 25, 2020
492
Vanguard, in association with technology provider Symbiont, and in conjunction with Bank of New York Mellon, State Street, and Franklin Templeton, is actively investigating the application of distributed ledger technology (DLT) to foreign-exchange forwards, bringing transparency and workflow effectiveness ...

Austria is Developing Three Blockchain Based COVID-19 Apps

June 24, 2020
617
Austria is getting some high tech aid in its fight against the coronavirus pandemic. The government awarded a project to a private firm to produce three COVID-related applications that will be created on a secure blockchain platform. Austria’s Federal Ministry for Digital and Economic Affairs declared on J...

Airlines leverage AI, ML and Blockchain to save costs and generate revenues

June 24, 2020
509
Research and consulting firm, Frost & Sullivan, has published Analysis of the Global Airline IT Market, Forecast to 2025, a study that discovered that passengers’ increasing digital expectations are driving airlines to introduce digital enablers. The consultancy states that this trend is “p...

Japan’s SBI involved in blockchain project to digitize “premium vouchers” for low-income families

June 23, 2020
321
The Japanese firm Kyushu Electric Power has declared that it will offer a blockchain platform to the Fukuoka-based regional bank Chikuho Bank to support it digitize the “premium vouchers” for low-income families. Chikuho Bank will, in turn, work with the Ukiha City Chamber of Commerce to distri...

DHS exploring 5 additional blockchain use cases

June 23, 2020
373
The Department of Homeland Security’s research arm needs to extend its recent testing of blockchain technology to deter forgery and counterfeiting of certificates and licenses. The Science and Technology Directorate published a five-year other transaction solicitation (OTS) by its Silicon Valley Innovation...

Kin Crypto Project Approves Switch To Solana Blockchain Due To Scalability Issues

June 22, 2020
492
In a move to improve the scalability and speed of its platform, Kin Foundation, the lead development team of the Kin crypto, voted to move from its Stellar blockchain fork to Solana blockchain. The Kin Foundation lead team voted on the proposal to move to Solana blockchain to solve the scalability constrai...

Telangana with TechM uses Blockchain technology to break virus chain

June 22, 2020
472
The Covid-19 pandemic has made data collection and analysis all the more crucial in every stage of governance, and the State government is utilizing technology to track and trace materials and also to assure that infection-free supplies are reaching the citizens. By operating with Tech Mahindra, the State ...

Cambodia Plots Dollar-Free Future With Blockchain-based Payments

June 20, 2020
431
The National Bank of Cambodia unveiled the technical details of its forthcoming blockchain-based payments system named ‘Project Bakong’ this week. The central bank, which has been creating Project Bakong since 2017, sees its quasi-digital currency project as a high-tech revamp of the Khmer Riel, Cambodia’s...

Tepco, Itochu to Develop Blockchain and AI Powered Surplus Electricity Trading System

June 20, 2020
444
Blockchain and artificial intelligence technologies have been gradually making their way to the modern lifestyle. Blockchain is the technology behind cryptocurrencies like Bitcoin (BTC) and Ether (ETC), while most smartphones and gadgets these days utilize some form of AI for their various functions and ap...

Korea’s energy market adopts blockchain for bidding process

June 19, 2020
493
The Korea Power Exchange (KPX) currently revealed a blockchain-based energy bid evaluation system for the Korean energy market. KPX is a specialized non-profit, independent of the electric utilities and manages the Korean electricity market, energy distribution, and the wholesaling process. The company is ...

Blockchain P2P Energy Trading Proves Workable and Popular in Australian Trial

June 19, 2020
547
An Australian government-backed trial of peer-to-peer solar trading utilizing blockchain technology has discovered that the technology is popular with users and technically feasible. The trial, which ran between Dec. 2018 and Jan. 2020 were part of the RENeW Nexus Project, which examined the potential of l...

Cargill extends blockchain benefits to China

June 17, 2020
1606
To assure the global traceability of its products using blockchain technology, Cargill is launching three new chicken products to consumers in China. In association with the CAFA (China Animal Health and Food Safety Alliance), the company’s Sun Valley RWA (Raised Without Antibiotics) offerings involv...

Blockchain Makes Inroads Against Cross-Border Payments Friction

June 17, 2020
486
Blockchain payments company Ripple has declared that Brazil’s Banco Rendimento has signed on to utilize RippleNet Cloud, Ripple’s cloud-based payment network, according to a press release. Banco Rendimento is the first bank to use Ripple technology that is entirely cloud-based. The technology allows faster...

Waves Wants to Put an End to Bogus Blockchain Speed Claims

June 16, 2020
376
Waves Enterprise has built a framework for load testing of blockchain networks under real-life scenarios to offer more comprehensive transparency for potential clients. Transactional capacity or lack thereof has been a hotly disputed debate in the industry almost from the start. The first known reply to Sa...

Fireblocks Associates with Chainalysis to Offer Blockchain Compliance Security for Finance

June 16, 2020
390
Fireblocks Inc., an enterprise-grade platform for transferring, storing, and issuing distributed ledger blockchain assets, today declared the combination of blockchain data security firm Chainalysis Inc. to help financial institutions and cryptocurrency businesses comply with anti-money-laundering and fina...

Cambodia to replace U.S. currency with blockchain platform

June 15, 2020
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Cambodia is one of the most dollar-reliant economies in the world, and its imminent introduction of a blockchain payment platform has created a small panic. Blockchain is a digital system enabling immediate payments for transactions of any size, and with it, the National Bank of Cambodia states that it int...

New York Times Shares Results from Blockchain Project to Curb Fake News and Misinformation

June 15, 2020
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Major American daily, theNew York Times, in association with IBM, recently piloted a blockchain-powered prototype to tackle the widespread fake news and misinformation broadcasting in today’s media space. Utilizing Blockchain to Separate Facts from Fiction Easy access to the Internet has virtually red...

Blockchain-Friendly Bank Frick Adds Support for USDC Stablecoin

June 13, 2020
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Liechtenstein-based Bank Frick currently added support for the USDC stablecoin, enabling its clients to deposit and buy and sell, USDC by their bank. “With the addition of USDC, we enable our customers to process USD payments quickly and token-based,” said Stefan Rauti, the head of blockchain banking at Ba...

Hackers Invited to Test the Blockchain Network

June 13, 2020
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It’s not the first time hackers have been invited by tech firms to attack their networks to test the durability of security architecture in exchange for a monetary prize. It is certainly an excellent way to navigate the loopholes and gaps so that significant changes can be included. Elrond, a blockchain fi...

Emurgo and Ergo Associate to Develop Blockchain-Based Financial Solutions for Cardano

June 12, 2020
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Emurgo, a blockchain company tasked with driving Cardano’s adoption, has declared a strategic company with Ergo, a PoW protocol offering financial contracts. The company stated that the two would collectively explore stablecoins and financial services applications, while Ergo’s native token ERG...

Advancing Blockchain Act would be the US Ticket for Blockchain Superiority

June 12, 2020
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Governments worldwide are reaping the advantages of blockchain integration within several fields. As Dubai uses blockchain as part of its smart city initiative, citizens of Georgia communicate with the technology to register and transfer land titles. It takes three minutes to register a title. The blockcha...

Simplified Blockchain Technology is Assisting in Bring Banks out of the Stone Age

June 11, 2020
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Treasury Prime aims to bring U.S. banks out of the stone age by presenting automation through APIs. It seems that they internally utilize rudimentary blockchain technology to manage their compliance efforts. Time travel The company concentrates on connecting fintechs and banks “the most comprehensive...

Credorax, Samsung to Introduce Blockchain-Based Open Banking

June 11, 2020
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Credorax, the smart payments provider and FinTech, has declared association with Samsung to develop blockchain technology to provide open banking services, according to a press release. The new collaboration will join “global open banking initiatives, Samsung SDS’ Nexledger Universal platform, and Credorax...