# blockchain News
Argo Blockchain plc, a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the crypto markets, reported Investigate on February 15, 2019. Argo no...
Blockchain has been pointed out as the technology capable of providing security to the Industrial IoT (IIoT), but contrary to this belief, IoT project owners, chipmakers and OEMs may be better suited with security solutions capable of addressing low-level, device and data-centered hardware as the emerging technology may be an...
HSBC has reported a successful trial of their blockchain-based "FX Everywhere" platform which has saved 25 percent of costs associated with forex trade settlements, Reuters reported on February 14, 2019. Cost-Saving Measures Besides the use of blockchain in cryptocurrencies, it can also be used to save money. For example, the World Trade...
ElaadNL, a Dutch tech company has revealed the PoC for a new smart grid that self-balances and rewards Smart vehicles with IOTA tokens on February 14, 2019. A Smart Solution While blockchain technology is known to consume a lot of energy in the process of creating cryptocurrencies, it is now...
Commercial blockchain services has a new player as Intel announced on February 12, 2019, the launch of the Intel Select solution for blockchain which allows businesses to build their own blockchain based on the Hyperledger fabric. Intel Joins the Blockchain Businesses that wish to launch their own blockchains now have...
ElaadNL, a Dutch tech company has revealed the PoC for a new smart grid that self-balances and rewards Smart vehicles with IOTA tokens on February 14, 2019. A Smart Solution While blockchain technology is known to consume a lot of energy in the process of creating cryptocurrencies, it is now...
China's search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to a press release published February 14, 2019. Developer-Friendly Per the...
Commercial blockchain services has a new player as Intel announced on February 12, 2019, the launch of the Intel Select solution for blockchain which allows businesses to build their own blockchain based on the Hyperledger fabric. Intel Joins the Blockchain Businesses that wish to launch their own blockchains now have...
The Digital Transformation Agency (DTA) of the Australian Government has released an overview of blockchain technology, February 12, 2019. It aims to serve as a guide for government representatives. This comes after a research program conducted by DTA to determine whether blockchain technology can be used effectively to support an...
After dominating several industries, blockchain technology is now headed to the medical world as IBM and Boehringer Ingelheim announced on February 12, 2019, a partnership that will see the latter make use of the emerging tech in their clinical trials. Boehringer Brings The Blockchain One of blockchain’s most admirable features...
The founder and CEO of Overstock.com and the chairman of tZero, a subsidiary of Medici Ventures, Patrick Byrne, is going all-in on blockchain technology, saying it has the potential to "radically" transform government services worldwide, Market Watch reported on February 12, 2019. Patrick Byrne Pitches Radical Transformation of Govt Services...
The University of Bahrain will begin giving out their certificates to students on blockchains, according to a February 11, 2019 report, which states that this new initiative will solve the problem of transparency while helping to address the skill gap. Blockchain in Bahrain Blockchain being used to issue educational certificates...
Japan's Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world with more than $2 trillion in assets, is collaborating with Akamai Technologies Inc., to launch a distributed ledger technology (DLT) based payments system called Global Open Network, according to a press release on February 13, 2019. MUFG...
Finablr, a United Arab Emirates (UAE) based fintech, and foreign exchange platform has announced that its network brands, UAE Exchange and Unimoni, have joined the blockchain technology bandwagon via Ripple’s RippleNet DLT network for cross-border payments, according to a press release on February 10, 2019. RippleNet Adoption for Cross-Border Payments In...
Elevated Returns (ER ), an asset management company has announced its partnership with Securitize, a digital securities issuance company, to offer investors compliant tokenized real estate assets worth $1 billion using the Tezos blockchain, reports PR Newswire on February 11, 2019. Tokenizing Real Estate via Blockchain Technology Per the report,...