#blockchain News

Startup Backed by Jay-Z Is Helping Ethereum Devs Build Apps, Here’s How

July 10, 2020 by Shaurya Malwa at Ethereum

A Jay-Z and Will Smith-backed startup announced the rollout of a new software suite yesterday, allowing blockchain developers to enjoy a more streamlined dev process. Alchemy of CryptoKitties Fame Called Alchemy, the startup raised $15 million in a 2019 Series A round counting Jay-Z and Will Smith among others as...

Port of Rotterdam unveils pin-free blockchain container handling pilot

Europe’s Busiest Port Launches Blockchain-Based Container Handling Pilot

July 9, 2020 by Aisshwarya Tiwari at Blockchain

The Port of Rotterdam has launched a new blockchain-based pilot to make container handling safer and more efficient by doing away with the need to use a PIN code, reports Port Technology, July 9, 2020. A PIN-free Blockchain Container Handling Pilot In a bid to mitigate the possibility of frauds,...

Australia: EY Unveils Blockchain Solution to help SMEs

Australia’s Blockchain Experts Can Now Apply to Join the National Blockchain Roadmap

July 9, 2020 by Dalmas Ngetich at Blockchain

The National Blockchain Roadmap Steering Committee--under Australia’s Ministry of Industry, Science and Technology, is seeking expressions of interest, and calling upon blockchain experts in the country to join any of the established working groups as per a notice published on July 9, 2020. The National Blockchain Roadmap Steering Committee Searching for...

Chinese Government-Run Firm Taps Alibaba’s Blockchain for Shipping and Logistics

July 8, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

China Ocean Shipping Company (COSCO), a Chinese government-run shipping and logistics company, has inked a strategic partnership deal with e-commerce giant Alibaba and Ant Group. The new alliance seeks to enable COSCO to digitize its shipping and logistics processes with Alibaba’s blockchain solution, reports The Maritime Executive on July 8,...

IOTA 2.0: Pollen Testnet Records Peak Performance of 1500 TPS, 20x Improvement in Message Confirmation Time

July 8, 2020 by Anthonia Isichei at Altcoins

Early progress updates from Pollen — the first IOTA 2.0 testnet infrastructure — are in, with over 20,000 value transactions already exchanged between nodes on the network. First Pollen Testnet Results Show Improved Performance Tweeting on Tuesday (July 7, 2020), IOTA stated that the Pollen testnet recorded over 280,000 transactions...

China Mobile Communications Association Recognizes IOST’s Aiou Tech & Alipay as “Outstanding Blockchain Programs” in Tackling COVID-19

July 8, 2020 by Aisshwarya Tiwari at Altcoins

China Mobile Communications Association (CMCA), a national social organization approved by the State Council of the People’s Republic of China recently selected IOST’s Enterprise Edition – Aiou Technology along with mobile payments giant Alipay as “Outstanding Blockchain Programs” for aiding in the battle against the COVID-19 pandemic. IOST’s Aiou Technology...

Volvo to Invest in London-Based Blockchain Company for Better Traceability of Battery Materials

July 8, 2020 by Dalmas Ngetich at Blockchain

The automaker giant, Volvo, will invest in Circulor--a London-based blockchain firm, to monitor the supply chain of additional materials used in the manufacture of electric batteries, the Financial Times on July 8, 2020, has revealed. Volvo to Inject Millions in Circulor The investment, thought to be in single-digit millions, was announced during the Financial Times’s...

Indian IT Giant Tech Mahindra Launches Blockchain Platform to Protect Content Creators from Piracy

July 7, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Tech Mahindra, an Indian multinational company providing information technology services and business process outsourcing to companies, has launched a distributed ledger technology (DLT) solution called the Blockchain Based Contracts and Rights Management System (bCRMS). The solution is powered by IBM’s Hyperledger-based blockchain network and is designed to protect the intellectual...

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India: Farmer Producer Organization Uses Blockchain to Trace Products from Farm to Fork

July 7, 2020 by Aisshwarya Tiwari at Blockchain

Sahyadri Farmers Producer Co. (FPO), one of the largest FPOs in India is using blockchain technology to trace the end-to-end supply chain journey of its products, reports BusinessLine, July 6, 2020. Using Blockchain For Full Traceability One of India’s largest FPOs, the Sahyadri FPO, is embracing distributed ledger technology (DLT)...

Chinese Courts Tap Blockchain Technology to Monitor Sealed Properties

July 6, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The Executive Bureau of the People’s Court in the Haidian District of Beijing has used a blockchain-based electronic seal to secure a building in Chaoyang district from unauthorized access. The electronic seal sends notifications to the relevant authorities in real-time whenever there's illegal access to a sealed property, reports Global...

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