#Blockchain News

Global Banking Giant HSBC Puts $10B Private Placement on R3 Corda Blockchain

March 27, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

HSBC, one of the largest financial services institutions in the world, has announced that it has stored $10 billion private placement records on the R3 Corda blockchain and the firm has made it clear that it plans to tokenize these private placements in the near future, according to reports on...

Coronavirus: UAE Government Replaces Manual Systems with Blockchain

March 27, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The United Arab Emirates' (UAE) Ministry of Community Development (MOCD) has replaced its existing manual systems with innovative technologies such as blockchain technology as part measures to contain the coronavirus pandemic, reports Ledger Insights on March 26, 2020. MOCD Making Active Use of DLT Having recorded 140 cases of the...

Malaysian Palm Oil Industry Employs Blockchain Technology for Traceability

March 26, 2020 by Anthonia Isichei at Blockchain

The Malaysian Palm Oil Council (MPOC) recently partnered with BloomBloc, a blockchain development platform to build a blockchain-based app that would track the palm oil supply chain. With the new DLT app, accountability, traceability, and transparency are certain in the palm oil supply chain. Blockchain Mobile App to Track Palm...

Forte Blockchain Gaming Fund Inks Deal with Netmarble, HiRez Studios, Others

March 25, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Forte, a Ripple-backed blockchain platform for the gaming ecosystem, has joined forces with five leading game studios including Netmarble, Hi-Rez Studios, Magmic, nWay, and DECA Games. The alliance will enable these game developers to integrate Forte’s blockchain solution into their games and unlock new economic and creative opportunities for themselves...

Chi-X Kicks Against ASX’s Move to Replace CHESS with Blockchain

Australian Securities Exchange Delays Blockchain Implementation Amidst COVID-19 Scare

March 25, 2020 by Ashwath Balakrishnan at Blockchain

The Australian Securities Exchange (ASX), which runs the stock market in the country, is postponing the launch of its blockchain-based post-trade solution as the situation with the Coronavirus worsens, per ZDNet. The uncertainty caused by the Coronavirus coupled with user requests has led the ASX to take such a decision, March...

Yale University Researchers Leverage Hyperledger Blockchain for Carbon Emissions Tracking

March 24, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

A team of researchers at Yale University have been experimenting with new technologies including internet-of-things (IoT), artificial intelligence (AI) and Linux Hyperledger’s blockchain platform, to find out how these innovative technologies can help humanity to tackle the menace of climate change, according to reports on March 24, 2020. Fighting Climate...

Chinese State Media Organization Prints Bitcoin Overview Article

China’s National Blockchain Network April 2020 Launch Date Still Valid

March 23, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month. The blockchain network is designed to make it easier for users to deploy their applications without having to build...

U.S. Authorities List Blockchain Among COVID-19 Critical Services

March 23, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

In accordance with the COVID-19 guidance issued by President Donald Trump on March 16, the Cybersecurity and Infrastructure Security Agency (CISA), has listed distributed ledger technology (DLT) among the critical infrastructure services needed to effectively reduce the spread of the virus, as such, blockchain managers as “Essential Critical Infrastructure Workers”...

Japan: Sake Producers to Use Blockchain to Foster Supply Chain Transparency

March 21, 2020 by Aisshwarya Tiwari at Blockchain

According to a March 21, 2020, report by Nikkei Asia Review, global accountancy giant, EY’s Japan offshoot – EY Japan – is set to launch a blockchain technology-enabled traceability platform for Japanese sake and fruits. Tapping Blockchain to Ensure Sake Legitimacy In a bid to bring more transparency to the...

Crypto-Friendly Argentina Taps Blockchain Technology for Gas Distribution

March 20, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Enargas, Argentina’s gas regulator, has approved the nationwide deployment of Gasnet, a blockchain-based natural gas distribution system developed by IOV Labs, a Buenos Aires-based firm. The blockchain solution will automate the nation’s existing paper processes and monitor the processes of market participants in terms of quality and safety, reports Ledger...

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