$12M Wheat Trade Between U.S. and Indonesia Settled on Blockchain

Cargill & Agrocorp settled their first international trade of $12 million wheat using blockchain. International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain.  The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric.  International cooperative bank Rabobank, […]

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Hospitals Still Being Attacked Despite Big Fall in Ransomware

Chainalysis found ransomware attacks have fallen during the crisis — but hospitals are still being victimised. The number of ransomware attacks globally has dropped significantly since the coronavirus crisis intensified in March, according to a new report from Chainalysis. The blockchain analytics firm said the drop was particularly significant given there were growing concerns over […]

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China Blacklists Blockchain Company From Exporting Medical Supplies to Other Countries

Chinese firms are banned by the Chinese government from selling medical supplies to overseas clients due to “low quality” products. The Chinese government has banned state-backed blockchain firm, Tus Data Asset, from exporting medical supplies to countries dealing with the COVID-19 pandemic. According to the local newspaper The Global Times, the Beijing-based company was blacklisted […]

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Blockchain Acceptance Could Revolutionize Finance in Abu Dhabi

As Abu Dhabi rolls out regulatory framework for crypto assets, businesses are increasingly embracing distributed ledger technologies. Businesses in Abu Dhabi, the capital of the United Arab Emirates’, or UAE, are increasingly embracing blockchain technology as local regulators move towards adopting inclusive legislation regarding crypto assets. Though Abu Dhabi Global Market, or ADGM, announced its […]

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