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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: IBM

Ethereum Cofounder Claims IBM Blockchain “Misses the Point”

Category: Altcoins, Blockchain, Commentary, Development, Ethereum, News

Ethereum Cofounder Claims IBM Blockchain “Misses the Point”

Hosted in Prague, Czech Republic, Ethereum cofounder Vitalik Buterin kicked off Ethereum’s recent Devcon 4 conference by talking about the community’s fourth development phase, Serenity. Dubbed “Ethereum 2.0,” he claimrf that it is a “combination of a bunch of different features that we have been talking about for the past several years. We have been actively researching, building, and now,…

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Columbia University and IBM Announce Two Accelerator Programs To Assist Blockchain Innovation

Category: Bitcoin, Blockchain, Exchange, News, Platform, Tech

Columbia University and IBM Announce Two Accelerator Programs To Assist Blockchain Innovation

Columbia University and IBM recently launched two accelerator programs designed to help build and grow blockchain startups. According to IBM’s press release published on November 19, 2018, the accelerator programs will provide blockchain founders the ability to access critical resources and expertise required to develop their blockchain network. Helping Founders Develop Blockchain-related Ideas into Companies The purpose of the accelerator…

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CLS Foreign Exchange Settlement Platform Partners IBM for Blockchain-Based Netting Service

Category: Altcoins, Blockchain, Business, News, Platform, Tech

CLS Foreign Exchange Settlement Platform Partners IBM for Blockchain-Based Netting Service

Continuous Linked Settlement (CLS ), a New York-based financial institution that facilitates settlements for foreign exchange (FX ) firms is set to utilize IBM blockchain platform for handling its netting services, reported Computer Business Review on November 14, 2016. CLS Joins Blockchain Technology Bandwagon CLS, the world’s leading foreign exchange (FX) settlement services provider, has reportedly revealed it will launch its…

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IBM to Develop a Blockchain-Based Solution for Scientific Researchers

Category: Blockchain, Business, News

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

IBM revealed it was developing a blockchain-based system allowing a dynamic cooperation between scientific researchers beyond institutional borders and outside interference. Breaking down Barriers IBM is one of the leading computer and software technologies in the world pushing innovation by quickly developing blockchain solutions. In this most recent turn, the blue-chip computer manufacturer presented a patent application that represents a…

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Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

Category: Adoption, Altcoins, Blockchain, News, Platform

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. Plans to Expand into the Middle East Seeing the burgeoning fintech environment in the region, some regulatory bodies and financial…

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Banking on Blockchain: Marsh to Introduce a DLT-Based Offering to Update Identity Verification

Category: Blockchain, Business, Development, News, Platform

Banking on Blockchain: Marsh to Introduce a DLT-Based Offering to Update Identity Verification

The New-York headquartered insurance firm Marsh has allied with Evident, a data-security company, in a bid to provide a blockchain-based application for clients in the sharing and gig economies, per a November 1, 2018, report by Digital Insurance. Simplification of Onboarding Process for Gig Economy Workers The distributed ledger technology (DLT) enabled solution will simplify the identity verification procedure, thus…

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Dubai Launches the First Government-Backed Blockchain Platform in the Middle East

Category: Bitcoin, Blockchain, News, Platform, Tech

Dubai Launches the First Government-Backed Blockchain Platform in the Middle East

Dubai partnered with IBM to launch a Government-backed blockchain platform in the Middle East as part of the Government’s Smart Dubai Initiative. According to an Arab News article published on October 31, 2018, the blockchain platform is related to Dubai’s blockchain strategy, where the country is preparing to have the world’s first fully digitized Government by 2021. Dubai: A Pioneer…

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Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

Category: Altcoins, Business, Finance, News, Platform, Tech

Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

In a bid to make it easier for financial institutions to send cross-border payments globally, in a fast, secure and cost-efficient way, Visa is joining forces with IBM and Bottomline Technologies to launch its B2B Connect distributed ledger technology (DLT) solution powered by Linux Foundation’s Hyperledger Fabric framework by the first quarter of 2019, reported Finextra on October 22, 2018….

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PIL Partners with IBM To Digitalize the Bill Of Lading Using Blockchain Technology

Category: Blockchain, Business, Finance, News, Platform, Tech

PIL Partners with IBM To Digitalize the Bill Of Lading Using Blockchain Technology

Pacific International Lines (PIL), the largest privately-owned shipping firm in Singapore has recently partnered with IBM to improve their existing supply chain management processes via blockchain technology. According to an article published by the Business Times on October 4, 2018, the goal is to create a digital bill of lading, an electronic document provided to acknowledge the receipt of cargo…

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The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Category: Blockchain, Commentary, Finance, News, Tech

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,…

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