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IBM and UBS Partner with German Car Producer to Develop Blockchain-Based Payment Solutions

IBM Announces DLT-Based Supply Chain Solution with Several Companies

August 6, 2019 by Edoardo Vecchio at Blockchain

IBM is partnering with other companies to roll-out a massive blockchain-based program that will improve the supply chain management of 4,000 North American companies. Improved trackability, smaller administrative costs and less risk of fraud are the main benefits provided by the new blockchain-based solution. This according to a press release,...

A Louis Vuitton Bag With Blockchains on it

Louis Vuitton Founder to Track Luxury Goods with Blockchain

May 17, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, News

Louis Vuitton SE (also known as LVMH Group), a French multinational luxury goods conglomerate in charge of highly reputed subsidiaries like Christian Dior SE, Fendi, and Givenchy, has joined forces with ConsenSys and Microsoft to launch AURA, a distributed ledger technology (DLT) based platform for tracking luxury and verifying the...

Magnifying Glass Looking at a Circle of Phones

FCC Commissioner Questions Telecom Companies for Selling Location Data

May 2, 2019 by Mohammad Musharraf at Business, Cybersecurity, Development, News, Regulation

The Federal Communications Commission (FCC) Commissioner Jessica Rosenworcel on May 1, 2019, demanded answers from telecommunication companies in regards to their involvement in selling customers’ phone location information to data aggregators, Motherboard reported. Building Pressure on Telecom Companies Motherboard earlier investigated the far-reaching effect of telecom companies selling their customers’...

Mozilla Battles Cryptojackers with New Security Features for Firefox

February 12, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Mining, News, Tech

Mozilla, the non-profit organization behind the Firefox web browser, is ready to make life unbearable for crypto jackers as it has announced plans to add cryptocurrency mining and fingerprinting blocking functionality to the Firefox browser. This according to a BleepingComputer report on February 5, 2019. Tackling Cryptojacking As reported, a considerable...

Scientist Holding a Purple Diamond with Blockchain Strung Through it

Russia to Combat Counterfeit Diamonds through Blockchain Technology

February 1, 2019 by Tokoni Uti at Blockchain, Business, News, Platform

A January 30, 2019 report announced that the Russian Ministry of Education and Science has developed a blockchain-based platform to track the production of diamonds to ensure authenticity. New Mining Operations Local media group TASS reported on January 30, 2019, that the Russian Ministry of Education and Science has developed...

Samourai Wallet Introduces Coin Tracking Service Ricochet

December 28, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Development, News, wallet

Samourai wallet has introduced a new privacy feature that prevents coin tracking services from freezing users' funds and blocking their accounts, looking to tap into the market of those looking for complete privacy, the company explained in their blog post back in January 2017. The Problem with Bitcoin Blacklists Ever...

Walmart Canada and DLT Labs to Launch Blockchain Logistics Solution

Walmart Turns to Blockchain to Circumvent the E.Coli Outbreak in Food Products

September 25, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News

Retail giants Walmart and Sam’s Club are primed to enter the waters of the distributed ledger technology (DLT), as they will now require their green vegetable suppliers to track the farm produce, all the way from the point of origin. According to a report published by Walmart, on September 25,...

Russia’s Interior Ministry Looking to Criminalize Unregistered Crypto Activity

August 30, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Development, Investment, News

Russia's Ministry of Internal Affairs is considering establishing criminal liability for unregistered crypto operations. According to a report dated August 23, 2018, the head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600,000 rubles (around USD 9000)...

Oracles, Smart Contracts, and the Crypto Space

August 6, 2018 by Guest Post at Blockchain, Cryptocyclopedia, Finance

The term “oracle,” which comes from a Latin verb orare, was used in ancient times to refer to a person or group that connected the gods to the people. The oracle then relayed the heavenly messages to the general public who could not access the spiritual world. Being an agency...

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