#Blockchain News

Taiwan Approves Blockchain System to Streamline Insurance Policies

April 9, 2020 by Ashwath Balakrishnan at Blockchain

The financial regulator for Taiwan recently gave 11 insurance companies the green light to trial a blockchain network that simplifies insurance policy issuance and modification. According to Ledger Insight, this will provide insurance companies and insurance buyers with a new level of efficiency, and potentially cost-savings in the long-run, April 9, 2020. Blockchain...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

3 Ways Blockchain Can Prevent Supply Chain Disruptions During a Global Pandemic

April 7, 2020 by Osato Avan-Nomayo at Blockchain

With the current global lockdown affecting supply chain visibility, blockchain technology once again presents itself as being primed for more broad-based utilization in traceability, shipments, and other critical aspects of supply chain management (SCM). Here are three ways the novel technology can prevent disruptions in supply chains across various industries...

COVID-19: Italian News Agency, EY, Combat Fake News with Blockchain Technology

April 7, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The Agenzia Nazionale Stampa Associata (ANSA), Italy’s major news agency has joined forces with Ernst & Young to develop a blockchain-based news tracking and authentication system. The solution is aimed at curbing the spread of fake news, while also uniting news publishers, web agencies and other participants in the journalism...

Japan: University Professors Use Blockchain to Create Digital Court Mechanism

April 7, 2020 by Anthonia Isichei at Blockchain

Hitoshi Matsushima, an Economics Professor from the University of Tokyo, and Shunya Noda, a Professor at the University of British Columbia’s Vancouver School of Economics have collaborated to develop a digital court by employing blockchain technology. Economics Professors Integrate DLT for Digital Court According to a publication by the University...

Tesla, SIPG, Cosco Trial Blockchain Technology to Streamline Cargo Shipment

April 7, 2020 by Aisshwarya Tiwari at Blockchain

According to April 7, 2020, report by Splash 247, software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. Blockchain Technology to Help Change the Cargo...

ConsenSys Health, Hyperledger, Launch Stop COVID-19 DLT Virtual Hackathon

April 7, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

ConsenSys Health, a health-focused distributed ledger technology (DLT) project that recently spinned-off from ConsenSys, Hyperledger, OpenMined, Gitcoin, Kaleido and others, are launching the Stop COVID-19 blockchain-based Virtual Hackathon. The project aims to bring together healthcare and life sciences experts to formulate secure, privacy-protecting solutions for public health, according to a...

Nestle Taps Blockchain to Ensure Zoegas Coffee Supply Chain Traceability

April 6, 2020 by Aisshwarya Tiwari at Blockchain

Swiss multinational food and drink processing giant Nestle is set to expand the use of the IBM Food Trust blockchain technology platform to its famous Zoegas coffee brand. This, according to a report by MarketScreener, April 6, 2020. Nestle Expands Blockchain Use to Zoegas Coffee Brand The largest food and...

General Motors Look to Patent Blockchain-Based Map Tracking Solution

April 4, 2020 by Aisshwarya Tiwari at Blockchain

According to a Forbes article published on April 3, 2020, U.S.-based automobiles giant, General Motors (GM) has put forward an application to the U.S. Patent and Trademark Office for a “decentralized distributed map using blockchain.” GM Seeks to Leverage Blockchain American automobiles behemoth GM recently filed an application with the...

U.K.: Lancashire Cricket Club to Issue 2020 Season Tickets Over Blockchain

April 1, 2020 by Aisshwarya Tiwari at Blockchain

U.K.-based country cricket club – Lancashire Cricket Club – has inked a deal with distributed ledger technology (DLT) ticketing supplier TIXnGO to distributed match tickets via a blockchain-powered platform for all home and worldwide fixtures scheduled to take place on its turf in 2020. This, according to a report by...

Ford, GM, BMW and Others are Jointly Developing Blockchain-Powered Vehicle History PoC

BMW Set to Leverage Blockchain Technology Solution for Supply Chain Management

March 31, 2020 by Osato Avan-Nomayo at Blockchain

Major car manufacturer BMW has announced the planned roll-out of its blockchain-powered Supply Chain Management (SCM) solution. For starters, the German automobile heavyweight will leverage the solution with 10 of its suppliers beginning in 2020. BMW to Adopt Blockchain for SCM and Traceability BMW Group, the parent company of BMW...

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