Luxury goods manufacturers turn to blockchain. Although once confined largely to agriculture, blockchain technology is now making major inroads into the luxury goods supply chain market. Thus, Consensys recently announced a new platform with French multinational luxury goods conglomerate LMVH and the technology behemoth Microsoft to verify the authenticity of luxury goods. Luxury brands trial […]
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We sat down with Ulrike Huemer, the CIO of Austria’s capital city Vienna, to talk blockchain and to elaborate on its role as part of the Smart City initiative. Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key […]
Continue ReadingA PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March […]
Continue ReadingU.K. energy supplier OVO has announced a strategic investment in blockchain energy technology company Electron. Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on March 12. Kaluza — an intelligent grid technology company that […]
Continue ReadingThe Colorado General Assembly has requested the local water institute to study the implementation of blockchain. The United States state of Colorado is examining the possibility of implementing blockchain in water rights management. The corresponding bill was published on Colorado’s General Assembly website on Wednesday, Mar. 6. Senator Jack Tate (R), together with representatives Jeni […]
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Japanese solar power supplier Kyocera has partnered with LO3 Energy to improve energy distribution with blockchain. Japan’s solar power supplier Kyocera has partnered with LO3 Energy to test blockchain-based virtual power plants (VPP) for improved energy distribution, according to a press release published on Feb. 25. Scheduled for Feb. 28, 2019, the test will allow […]
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A major new collaborative IBM project using blockchain and IoT tech to tackle drought is underway in the U.S. state of California. A collaborative IBM project using blockchain and the Internet of Things (IoT) to tackle drought is underway in the United States state of California, according to a press release published Feb. 8. IBM […]
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Multinational mining giant BHP conducted a joint blockchain experiment with Japanese shipper NYK and biofuel producer Good Fuels. Multinational metal and oil mining giant BHP has successfully tested blockchain in a conjoint experiment with Japanese shipping company NYK, shipping news magazine Dry Bulk reports Tuesday, Feb. 5. Sustainable biofuel company GoodFuels provided its product for […]
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U.S.-based blockchain firm TokenSoft has rolled out its Knox Wallet for storing digital securities and other digital assets. San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold […]
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How blockchain is helping to decentralize the energy industry. The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in […]
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