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Australian Banks Partner with IBM on Trade Guarantee Project

September 7, 2020 by Aisshwarya Tiwari at Blockchain

A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac,...

Pilot in a Flying Cabinet with Streaks of Blockchain Shooting out

The US Air Force Wants to Use Blockchain Tech for Flight Battle Systems

September 4, 2020 by Aisshwarya Tiwari at Blockchain

The U.S. Air Force’s (USAF) continuing series of blockchain investments is entering the space of battle management systems using the technology, according to news outlet Coindesk. US Air Force Looks to Blockchain Raytheon BBN Technologies said in a statement this week that it won a $495,039 contract titled: "Characterizing the...

Shyft Network Announces Veriscope Governance Task Force in search of FATF Travel Rule Solutions

September 2, 2020 by Aisshwarya Tiwari at Blockchain

In their ongoing fight against global money laundering, the Financial Action Task Force (FATF) has given out a new set of recommendations concerning cryptocurrency transfers between Virtual Asset Service Providers (VASPs). Under the FATF travel rule, VASPs must exchange personally identifiable information (PII) about both the sender and the receiver...

Coinbase Set to Deliver Token Launcher for Crypto Firms

September 2, 2020 by Osato Avan-Nomayo at Blockchain

U.S. crypto behemoth Coinbase appears set to expand its suite of cryptocurrency services with a token launch platform for startups. In recent years, the Menlo Park-based outfit has risen from simply being an exchange to offering a wide variety of services including custody. Coinbase Developing Token Launch Service Brian Armstrong,...

Russia: Banking Giant Sberbank Taps Blockchain to Tokenize Travel Agent Payments

August 28, 2020 by Aisshwarya Tiwari at Blockchain

Russia is looking to automate travel agency payments using blockchain technology. Using Smart Contracts to Automate Payments According to a report by local outlet Air Transport Review, Russia’s S7 Airlines has inked a partnership with the country’s largest bank, Sberbank, to fully automate travel agency payments through distributed ledger technology...

NASA Funds Two U.S. Firms to Develop a Blockchain-Based Communications Solution

August 27, 2020 by Dalmas Ngetich at Blockchain

Distributed ledger technology (DLT) has near-infinite applications. It is towards this end that Orbit Logic and the Fraunhofer USA Center for Experimental Software Engineering are building a blockchain-based inter-satellite aerospace application for NASA after winning a $124,800 funding. In a proposal summary generated on June 29, the solution dubbed "Space Communication Reconstruction...

Messaging Giant Line will Create own Blockchain to Support DApps

Japan: Instant Messaging Giant LINE Launches Crypto Wallet and Blockchain Services

August 27, 2020 by Aisshwarya Tiwari at Blockchain

A Japanese tech player will provide crypto services to its millions of users in the coming weeks, according to a report by Coindesk. Bringing Blockchain to Millions Messaging giant LINE, a Japanese mega-firm with millions of users and the country’s equivalent of WhatsApp has unveiled a new crypto wallet for...

Cryptocurrency for Starbucks May Loom on the Horizon

Starbucks Allows Customers to Track Coffee Bean Origin via Microsoft-Powered Blockchain Solution

August 26, 2020 by Aisshwarya Tiwari at Blockchain

Starbucks customers can now track the origins of their coffee via blockchain technology. Checking the Provenance of Coffee via Blockchain In an attempt to bring a greater degree of transparency for their sustainability-centric young customers, Starbucks stores across the U.S. will allow consumers to scan a code on the coffee...

Everledger, JD.com Tap Blockchain for Diamond Authentication

August 25, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Everledger and JD.com have announced the launch of a distributed ledger technology (DLT) solution designed to bring transparency to online diamond sales and reduce counterfeiting in the Chinese precious stones market, according to a report on August 25, 2020. Diamonds on the Blockchain In a bid to significantly reduce counterfeiting...

South Korea - Samsung Integrates Blockchain-Based Identity Solution with Blockchain Keystore

South Korea: Samsung Integrates Blockchain-Based Identity Solution Into Blockchain Keystore

August 24, 2020 by Aisshwarya Tiwari at Blockchain

South Korean multinational conglomerate Samsung has integrated SK Telecom’s blockchain-based mobile identity solution into its Blockchain Keystore. A Major Push for Blockchain Identities in South Korea Yesterday, major South Korean telecom operator SK Telecom announced that it had integrated its distributed ledger technology-powered (DLT) mobile identity solution Pass with the...

Binance Launches “Build for Bharat”; First DeFi-Focused Hackathon In India

August 24, 2020 by Aisshwarya Tiwari at Blockchain

New Delhi, India -- August 24th, 2020: Binance, the global blockchain company behind the world’s largest digital asset exchange, today launched ‘ Build for Bharat’, a twofold program with hackathon and acceleration opportunities for blockchain developers and startups in India. The hackathon is sponsored by Google Cloud, along with leading...

IT Firm Wipro Develops Blockchain-Based Platform to Scale Natural Gas Trading

August 21, 2020 by Aisshwarya Tiwari at Blockchain

Indian IT giant Wipro has collaborated with Uniper to simplify the latter’s liquefied natural gas (LNG) trade process. Wipro to Provide Blockchain Platform to Streamline LNG Trade Leading global IT multinational firm Wipro has successfully implemented a blockchain-enabled small-scale liquefied natural gas (ssLNG) trading platform for German energy company Uniper...

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