#Blockchain News

Blockchain and Biometrics: Synergizing Decentralization with Personalized Security

July 29, 2019 by Ashwath Balakrishnan at Blockchain

Biometrics has developed into a key frontier of personal security in the last 10 years. Notably, experts believe the industry will grow by 20 percent on a year to year basis for the next five years at least. However, leaked biometric information can lead to a breakout of security vulnerabilities...

Kenya blockchain box full of tracked food

Kenyan Government to Adopt Blockchain for Tracking Food

July 29, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to ensure food security and quickly detect unsafe food products before they get to the consumers, the Kenyan government is looking to integrate distributed ledger technology (DLT), artificial intelligence (AI) and other new technologies into its food supply chain ecosystem, reports IOL, July 28, 2019. Kenya Embraces...

Blockchains binding together a DNA strand blue

When Blockchain Meets Synthetic Biology

July 29, 2019 by Nigel Dollentas at Blockchain

An interesting article published by Syniobeta, July 27th, 2019, discussed if there is a place for blockchain technology within the cutting edge practices of synthetic biology. Data is Data While many people associate blockchain with Bitcoin and other cryptocurrencies like Ethereum and Litecoin, we have to look and see what...

A South Korean Templar summoning Blockchains lightning

Korea: SK Telecom Launches Enterprise Blockchain Built on Hyperledger Fabric

July 26, 2019 by Edoardo Vecchio at Blockchain

South Korean giant SK Telecom together with the members of its consortium, has launched an enterprise blockchain platform called STONledger. This according to news published by Business Korea on July 25, 2019. STONLedger SK Telecom, a South Korean telecommunications operator and one of the country's largest chaebols, is entering into...

Magnifying glass examining a weak link in the blockchain blue

“Purposefully Vulnerable” Blockchain from Kudelski Security to be Released at Black Hat

July 26, 2019 by Nigel Dollentas at Blockchain

In an effort to raise awareness of the vulnerabilities of blockchain, the poster boy of future technology just within reach, cybersecurity firm Kudelski Security announced that they will be releasing a “purposefully vulnerable” blockchain for demo at information security conference, Black Hat. This according to a report from Computer World,...

Union Bank Launches Programmable Cryptocurrency

July 26, 2019 by Ashwath Balakrishnan at Blockchain

Union Bank in the Philippines, funded by Aboitiz Equity Ventures, has launched a stablecoin with the ticker PHX. In doing so, Union Bank has become the first bank in the country to conduct transactions via a blockchain. PHX transactions are being implemented a platform specifically meant to connect listed banks...

Kenya Prepares to Embrace Blockchain

July 26, 2019 by Nigel Dollentas at Blockchain

On July 25, 2019, news broke of Kenyan Cabinet Secretary Joe Mucheru receiving a report from Bitange Ndemeo, which recommends blockchain technology to help tackle problems crippling Kenya such as land fraud, corruption, and solve election disputes. Blockchain's Fine Qualities The report was about Blockchain and AI, which Mucheru says:...

Utah to use Blockchain Technology for Mobile Voting in Upcoming Elections

July 24, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Tusk Philanthropies, a platform that claims to be focused on advancing distributed ledger technology (DLT) based mobile voting, has announced that Utah County will use its blockchain solution for mobile voting in its upcoming municipal primary election in August 2019, according to a press release on July 23, 2019. Utah...

Blockchain Spreading on the New York Times newspapre

New York Times Plans Blockchain Project to Eliminate Fake News

July 24, 2019 by Ashwath Balakrishnan at Blockchain

Today's political climate is filled with different narratives and opinions, making it nothing short of confusing. The media believes they have had no role to play but are responsible for the elimination of this menace. By using the hyperledger fabric, NY Times seeks to build a proof of concept (PoC)...

A man carrying remitance payments in a blockchain blockch dollar bags from singapore to philippines

Philippines: Union Bank Facilitates First Blockchain-Based Remittance

July 23, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Union Bank of the Philippines has joined forces with OCBC Bank of Singapore to facilitate a cross-border transfer from Singapore to the Philippines using the Ethereum-powered Adhara liquidity management, and international payments platform its (Unionbank) proprietary i21 platform, reports local news source Fintech Singapore on July 23, 2019. Union Bank...

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