A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital, […]
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Billion-dollar industries are using blockchain platforms powered by Hyperledger Fabric to bring trust to traditionally nontransparent markets. Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director […]
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Quarantined gamers are putting a strain on Microsoft’s cloud-based Blockchain platform. Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering. In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its […]
Continue ReadingSome of the world’s biggest tech companies have opened their arms to blockchain technology — here’s how they compare. The world’s largest technology companies have made concerted efforts to investigate and integrate blockchain technologies over the past few years. Partly driven by a massive boom in interest caused by Bitcoin’s stellar bull run in 2017, […]
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Waves has unveiled several upgrades to its enterprise platform, including a drastic increase in smart contract execution speed and licensing fees to operate on the network. Russian blockchain firm Waves has announced updates to its enterprise platform, including accelerated smart contract execution, licensing fees and inter-chain anchoring. On March 17, Waves wrote that the new […]
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The need for reducing carbon emissions is increasing. How can blockchain help in the quest to eliminate carbon emissions? Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2 […]
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Aerospace giants Boeing and Honeywell have partnered to track and sell $1 billion in spare aviation parts using distributed ledger technology. Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain technology. The partnership was revealed at the Hyperledger […]
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Flagship global airline KLM Royal Dutch Airlines is using blockchain to facilitate intercompany settlements process with its subsidiaries. As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project. Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with […]
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The aircraft maintenance, repair and overhaul industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties. The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties. Verdict magazine […]
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United Nations secretary-general António Guterres said the organization must embrace blockchain technology. United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN. “For the United Nations to deliver better on our mandate […]
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