#Blockchain News

U.S. Senate Looking to Adopt Blockchain Technology for Remote Voting

May 4, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The U.S. Senate has hinted in its April 30 memo that it could tap distributed ledger technology (DLT) for remote voting by its members. This way, Congress will be able to continue conducting its business without predisposing to the COVID-19 virus. Reducing COVID-19 Risks At a time when the coronavirus...

Malaysia: Palm Oil Industry Taps Blockchain to Ensure Transparency and Traceability

May 4, 2020 by Aisshwarya Tiwari at Blockchain

Malaysia is mulling using blockchain technology to foster increased transparency and traceability to increase trust in its local palm oil supply chain infrastructure. This, according to a report by FoodNavigator-Asia, May 4, 2020. Blockchain for Palm Oil Major palm oil exporter in Southeast Asia, Malaysia, is set to implement distributed...

Shenzhen to Introduce City-wide Blockchain Invoicing in Partnership with Tencent

China’s Tencent Begins Blockchain Accelerator Program

April 30, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Tencent, a leading Chinese technology giant that doubles as the world’s largest video game company have announced the launch of its blockchain accelerator program. Tencent says it plans to mentor 30 companies in three major areas of distributed ledger technology (DLT), including finance, logistics, supply chain, and more, according to...

Blockchain Technology Being Used to Issue Digital COVID-19 Immunity Certificates

April 30, 2020 by Aisshwarya Tiwari at Blockchain

According to a report by UKAuthority published on April 29, 2020, U.K.-based Open University (OU) has developed the world’s first blockchain-powered prototype mobile application that can certify COVID-19 immunity results. Blockchain-Enabled App to Certify COVID-19 Immunity Results Tech researchers from the OU’s Knowledge Media Institute have developed a prototype mobile...

KFC Debuts Blockchain Media Pilot in the Middle East

April 29, 2020 by Osato Avan-Nomayo at Blockchain

Popular fast-food chain Kentucky Fried Chicken (KFC) is set to deploy a blockchain pilot to revamp its digital advertising and media buying across the Middle East. The move signals the latest adoption case for decentralized technology by participants in the restaurant business. KFC Taps Blockchain for Digital Advertising According to...

Nasdaq and R3 Partner to Create Corda-Powered Digital Asset Management Platform

April 29, 2020 by Anthonia Isichei at Blockchain

Stock exchange behemoth Nasdaq is set to integrate with enterprise blockchain firm R3 to utilize the latter's Corda platform to create an ecosystem for a full-spectrum digital asset marketplace. The move indicates a continuation of Nasdaq's growing crypto and blockchain adoption, creating more on-ramps for institutional exposure to virtual assets....

World Economic Forum Launches Blockchain Toolkit for Supply Chains

April 29, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The World Economic Forum (WEF) has launched a blockchain tool-kit aimed at fixing some of the bottlenecks in the supply chains. Called Redesigning Trust, the blockchain deployment toolkit explains in clear terms how to put together a Minimum Viable Ecosystem (MVE) of supply chain participants that will reap the benefits...

U.S. Authorities Tap Blockchain for Air Traffic and Drones Management

April 28, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The Volpe Center of the United States Department of Transportation is now leveraging distributed ledger technology (DLT), the building blocks of bitcoin (BTC) and other digital assets, for air traffic management and unmanned aircraft systems (UAS) also known as drones, according to a Ledger Insights report on April 28, 2020....

Hedera Hashgraph Blockchain Being Used to Prevent Coupon Fraud

April 27, 2020 by Aisshwarya Tiwari at Blockchain

According to a Forbes report published on April 27, 2020, non-profit platform Coupon Bureau is set to adopt Hedera Hashgraph’s blockchain to mitigate risks associated with coupon fraud. Hedera Hashgraph Blockchain to Tackle Coupon Frauds Coupon Bureau, an industry-managed coupon data exchange platform that comprises retail giants including Target and...

Crypto Exchange Bitfinex Unveils Social Networking Platform “Bitfinex Pulse”

April 27, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Bitfinex, a leading British Virgin Islands-based Bitcoin (BTC) trading venue, has announced the launch of its native social network called Bitfinex Pulse. The firm says the new social network will enable traders to share ideas and high-quality content that will give them an edge when trading, according to reports on...

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