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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: logistics

South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Category: Blockchain, Business, News, Tech

South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Ten years after Bitcoin’s introduction, the world has just begun to wake up to the advancements and efficiencies of using blockchain-based administrative systems. Traditional media outlets have so far focused only on the price volatility of digital assets, ignoring the underlying technology by large. Korea’s Blockchain Push Beneath the un-reported depths of blockchain’s potential, companies and governments around the world…

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Amazon Moves into Blockchain Technology with Kaleido Partnership

Category: Blockchain, Business, Ethereum, News, Tech

Amazon Moves into Blockchain Technology with Kaleido Partnership

On May 15, 2018, Amazon Web Services (AWS) announced a partnership with Kaleido, a new blockchain-based business cloud, and software-as-a-service (SaaS). The goal of the AWS and Kaleido partnership is to help AWS customers quickly build a custom enterprise blockchain. Low Adoption Rates Despite Fervor While enterprises are thinking of adopting blockchain technology, many realize the difficulties and hurdles such…

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Bahrain Turns to the Blockchain for Creating “World-Class” Driver License Issuance System

Category: Blockchain, Business, Finance, News, Tech

Bahrain Turns to the Blockchain for Creating “World-Class” Driver License Issuance System

Widely-regarded as a game changer, the blockchain finds itself new use-cases seemingly every day, permeating as much more than a mere cryptocurrency feature. While its most obvious implementations may be that of making supply chain or financial markets more accountable and efficient, several projects prove otherwise, using the blockchain to track tuna or dispense beer. Bahrain’s Blockchain Push On May…

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“Blockchain has the Ability to Completely Change Logistics,” Says FedEx CEO

Category: Blockchain, Business, News, Tech

“Blockchain has the Ability to Completely Change Logistics,” Says FedEx CEO

FedEx is testing blockchain applications to logistics. The technology behind bitcoin and other cryptocurrencies have since been identified as having immense potential for disrupting the logistics and supply chain management (SCM) industry. Fred Smith. Source: GreenTechMedia With many cutting-edge solutions being developed by startup companies, the established corporations seem forced to innovate or lose their perch. FedEx appears to be…

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IBM Helps Jewelers to Avoid Blood Diamonds with Blockchain

Category: Blockchain, Business, Finance, News, Tech

IBM Helps Jewelers to Avoid Blood Diamonds with Blockchain

Dealers in gold and diamonds such as Richline Group Inc jointly announced with IBM on April 26, 2018, that the consortium will be developing watertight source material tracking using blockchain technology. Blood diamonds and other illicitly produced stones and minerals will be traced from source to attempted retail sale through the proposed blockchain application. IBM TrustChain Younger buyers are particularly…

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IBM Trials Blockchain Powered Trade Finance Platform with International Banks

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

IBM Trials Blockchain Powered Trade Finance Platform with International Banks

IBM announced that its blockchain technology-based trade finance platform, Batavia, has successfully passed its first set of live transactions on the network on April 19, 2018. The purpose of the platform is to be able to “track and trace key events in the supply chain” as well as use IoT devices to log details about the “location and condition of…

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Chilean Energy Minister Unveils Blockchain-based Pilot for Energy Data

Category: Blockchain, Ethereum, News, Tech

Chilean Energy Minister Unveils Blockchain-based Pilot for Energy Data

Chile has joined the league of nations implementing the technology behind bitcoin to solve diverse administrative issues. A number of countries around the world have already created pilot initiatives that rely on blockchain technology to tackle issues like land registries and energy management. Ensuring Data Fidelity in the Energy Sector The pilot blockchain project will create a decentralized database thus…

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Upcoming Crypto Storm? China Successfully Completes International Shipment Using a Blockchain

Category: Blockchain, Business, News, Tech

Upcoming Crypto Storm? China Successfully Completes International Shipment Using a Blockchain

In what could be a historic move, China and Singapore utilized the blockchain to completed a gasoline shipment between their borders on April 2, 2018. The act is among the first instances of international shipping via the blockchain and serves as a beautiful use-case for skeptics of the technology. Use Cases and Adoption Tens years after bitcoin’s introduction, the world is…

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United States Postal Service Set Use Blockchain Technology to Backup Data

Category: Bitcoin, Blockchain, Business, News, Tech

United States Postal Service Set Use Blockchain Technology to Backup Data

While U.S. government bodies have largely been skeptical regarding cryptocurrencies, they do see the critical role blockchain technology could play in the way they operate. Postal Service Blockchain Patent Proposal The United States Postal Service (USPS) is the latest government body looking to embrace the innovation underpinning Bitcoin. The national mailing service is currently considering utilizing a blockchain to help…

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Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

Category: Blockchain, Business, Ethereum, News, Tech

Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

A Hong Kong-based startup company 300cubits, which centers around developing Ethereum blockchain technology for shipping, recently announced that it has completed its first trial shipment via a smart contract technology. How Does TEU Token Work? The trial uses “TEU” tokens to facilitate shipping transactions and has been referred to as the bitcoin of the shipping industry. The principle behind this…

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