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Blockchain Life 2020
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#blockchain technology News
Mercedes Benz Maker Actively Using Blockchain Technology in Its Processes
September 26, 2020 by
Ogwu Osaemezu Emmanuel
at
Blockchain
Daimler the maker of Mercedes Benz cars has revealed its actively making use of distributed ledger technology (DLT) in its operations, according to a Ledger Insights report on September 24, 2020. Daimler Actively Exploring Blockchain Technology Daimler AG, a German multinational automotive corporation that manufactures commercial vehicles and premium cars...
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Yale University Develops Blockchain-Based Off-Grid Networking Platform
September 24, 2020 by
Adeniyi Olowoporoku
at
Blockchain
Prestigious American educational institution Yale University has announced the launch of a blockchain-based off-grid networking platform in partnership with Tata Consultancy Services TCS on September 23, 2020. Solution Based on Hyperledger Fabric Blockchain This new solution is expected to will in a new framework that integrates privacy and trust within...
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South Africa: Standard Bank Taps Contour Blockchain Finance Network to Issue Letter of Credit
September 22, 2020 by
Guest Post
at
Blockchain
Major South African bank joins the Contour blockchain trade finance network. Standard Bank Joins Contour Blockchain Alliance Johannesburg headquartered South African bank Standard Bank is primed to join the Singapore-based Contour blockchain trade finance network. Notably, Contour leverages the enterprise-grade R3 Corda enterprise blockchain for its digital Letter of Credit...
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Australia’s Agricultural Supply Chain Platform Adopts Hedera Hashgraph
September 22, 2020 by
Ogwu Osaemezu Emmanuel
at
Blockchain
Entrust, an Australian agricultural supply chain platform has adopted Hedera Hashgraph for agricultural products supply chain traceability, according to a blog post on September 21, 2020. Entrust Taps Hedera Hashgraph In a bid to further enhance transparency and scale its platform, Entrust, a South Australian full-service agricultural supply chain platform...
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India: Tamil Nadu Unveils Blockchain Infrastructure Plan
September 20, 2020 by
Ogwu Osaemezu Emmanuel
at
Blockchain
India’s Tamil Nadu state is serious about blockchain and other emerging technologies. Tamil Nadu Prepares Extensive Blockchain Infrastructure Roadmap The role of emerging technologies in shaping tomorrow’s digital economy is only getting increasingly significant with every passing day. In that regard, India’s state of Tamil Nadu has unveiled a swathe...
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Automobile Giant Renault Tests Blockchain Solution to Certify Vehicle Components
September 12, 2020 by
Adeniyi Olowoporoku
at
Blockchain
Renault group has confirmed that it has tested a Hyperledger Fabric blockchain solution that will be used to ensure the conformity of the parts used by the manufacturer. As explained in a Renault group press release on September 10, the blockchain project is called XCEED (eXtended Complaince End toEnd Distributed)....
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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,...
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VeChain (VET) Launches “Green Business” Sustainability Solution for Enterprises
August 21, 2020 by
Ogwu Osaemezu Emmanuel
at
Altcoins
Vechain (VET) has announced the launch of a new blockchain-enabled Sustainability Solution designed to help businesses maintain practices that are eco-friendly, efficient, and transparent, according to a press release on August 21, 2020. VeChain (VET) Promoting Sustainability At a time when consumers are increasingly getting concerned about the sustainability practices...
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South Korea: Major Banks to Start Offering Crypto Custodial Services
August 14, 2020 by
Ogwu Osaemezu Emmanuel
at
Regulation
Leading South Korean lenders are now putting preparation in top gear to roll out custodial services for bitcoin and other digital assets. The move follows the government’s recently amended Special Financial Transactions Information Act, according to a report by local news platform, MTN on August 13, 2020. Korea’s Big Four Banks...
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Japanese City Now Using LoGo Blockchain App for Government Administration Purposes
August 13, 2020 by
Ogwu Osaemezu Emmanuel
at
Blockchain
Authorities in Kaga City, which is located in the Ishikawa Prefecture of Japan, are now using a blockchain-powered application called Local Government Form Electronic Application (LoGo) to run the city’s key administrative procedures, according to a press release on August 13, 2020. City Operations on the Blockchain In a bid...
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