#blockchain technology News

Student Coin (STC) The Academic Blockchain Project Surpassing Expectations

April 10, 2021 by Adeniyi Olowoporoku at Altcoins

Blockchain technology has changed the financial landscape by providing decentralized products enabling new innovations. Cryptocurrencies are widely viewed as the future of money and continue to dominate the news with the increasing adoption of leading coin bitcoin. Blockchain technology has also been adopted in different sectors, including the food, automobile,...

Gucci, other luxury fashion brands are poised to launch NFTs

Fashion Brands Inch a Step Closer To NFT Adoption

April 6, 2021 by Wayne Jones at Blockchain

Gucci and many other luxury fashion brands are reportedly about to launch their NFT assets. NFTs in the Fashion Industry Thanks to NFT's (otherwise known as the "non-fungible tokens''), which are authenticated and minted by blockchain technology, you can transform the intangible into a tangible benefit. A virtual archive that...

Credits Blockchain is doing Public Speed/Load Test

March 27, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

Blockchain technology is now a proven mechanism for increasing the speed of data transfer and bringing full transparency. It is slowly gaining business cases in different sectors globally. There are many different blockchain protocols on the market now and how to choose the one for building your application? These are...

Report: India could Block IP Addresses of Cryptocurrency Exchanges

March 22, 2021 by Wayne Jones at Regulation

According to a Business Standard report, uncertainty around cryptocurrencies in India continues as the government is considering blocking the internet protocol (IP) addresses of prominent crypto exchanges in the country. The Inherent Crypto Ban Business Standard added that the government would implement the move after three to six months for...

Major Norwegian Oil Company to Fund Bitcoin and Blockchain Technology Projects

March 8, 2021 by Wayne Jones at Bitcoin

Aker's recent press release states that it has started a company committed to investing in blockchain technology products. Aker Dives Further into Crypto According to the press release, the new company dubbed Seetee AS will have all its investment tools in BTC and fund projects and companies within the Bitcoin...

JPMorgan State Bank of India joins JPMorgan’s blockchain-based payment network

India’s Largest Bank Partners with JPMorgan for Blockchain Payment Solution

February 23, 2021 by Anthonia Isichei at Blockchain

The State Bank of India (SBI), a major Indian bank, has collaborated with Wall Street giant JPMorgan to utilize the latter’s blockchain solution for efficient cross-border transactions. SBI Collaborating with JPMorgan for Blockchain-based Cross-border Payments According to the Economic Times on Wednesday (Feb. 23, 2021), the SBI would integrate a...

How Polestar is using blockchain to increase transparency

Polestar Using Blockchain Technology to Track the Cobalt Supply Chain

February 9, 2021 by Anthonia Isichei at Blockchain

Swedish automotive brand Polestar is utilizing blockchain technology to ensure traceability and transparency for cobalt in its batteries. Using Blockchain for Cobalt Tracing According to The Next Web on Monday (Feb. 8, 2021), Frederika Klarén, the head of sustainability at Polestar, noted that the electric vehicle was the first to...

IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation

IBM Blockchain Unit Reportedly Carrying out Reorganization Amid Challenges

February 3, 2021 by Anthonia Isichei at Blockchain

Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the...

Emirates partners with GE Digital and TE Food to trial TrustOne

Emirates Trials Blockchain-Based Mobile App for COVID-19 Travel Requirements

February 2, 2021 by Anthonia Isichei at Blockchain

Emirates, a major airline based in the United Arab Emirates (UAE), is testing a blockchain mobile app developed by GE Digital Aviation to make it easier for passengers to adhere to COVID-19 travel requirements. Blockchain Solution Provides Easy COVID-19 Test Experience Emirates announced the news of the trial process via...

Reddit Partners with Ethereum Foundation to Build Scaling Tools

January 28, 2021 by Wayne Jones at Ethereum

Reddit is expanding its role in the Ethereum ecosystem to develop blockchain tools. Reddit Increasing Commitment to Blockchain On Wednesday, the social media platform announced that it is expanding its collaboration with the Ethereum Foundation to provide resources for developing scaling tools. In a statement posted on r/ethereum, a Reddit...

European Payment Giant SIA Works on Blockchain-Based Credit Trading

January 28, 2021 by Anthonia Isichei at Blockchain

SIA, a major Italian payment company and a subsidiary of CDP Equity, has collaborated with fintech firm Wizkey to offer blockchain-based credit trading. Blockchain Technology for Credit Trading According to a press release on Tuesday (Jan. 26, 2021), SIA announced the launch of a new initiative in partnership with Wizkey...

Automotive Industry Leaders Launch Blockchain-Based Vehicle Identity System

January 20, 2021 by Ogwu Osaemezu Emmanuel at Blockchain

The Mobility Open Blockchain Initiative (MOBI), has joined forces with leading automobile manufacturers including BMW, Ford and others, to roll out a vehicle identity (VID) solution powered by distributed ledger technology (DLT). The team says the VID system will make it easier for stakeholders in the automotive ecosystem to track...

China’s Mining Rig Industry Is Still Leading The Way For Bitcoin Miners Worldwide

Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks

January 20, 2021 by Ogwu Osaemezu Emmanuel at Regulation

The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation. Asia Remains the World’s Crypto Giant Japan’s mysterious Satoshi Nakamoto started the cryptocurrency movement and it’s not...

TM Forum to Use IOTA Tangle to Gather Reliable Data

IOTA’s Mat Yarger Hints at the Jaguar Land Rover Partnership

January 19, 2021 by Wayne Jones at Altcoins

A Twitter user recently asked IOTA's Mat Yarger about the Jaguar Land Rover partnership. Yarger, Head of Mobility and Automotive at the IOTA Foundation, said that the collaboration is still very active. He added that there would be some significant updates within the next two quarters, and he is pretty...

Russia: Palladium Producer Nornickel Joins IBM’s Responsible Sourcing Blockchain Network

January 18, 2021 by Aisshwarya Tiwari at Blockchain

The world’s largest producer of palladium is the latest to join the Responsible Sourcing Blockchain Network (RSBN). Norilsk Nickel Joins RSBN According to a report by Ledger Insights on January 16, Russian nickel and palladium mining and smelting company Nornickel has now officially joined the RSBN with aim to tap...

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