The Big Four auditor is midway through a beta test phase of a tool designed to handle staff credentials. Three Irish banks have begun using a staff data solution running on blockchain technology, a joint press release confirmed on May 30. Together with the Institute of Banking (IoB), Bank of Ireland, AIB and Ulster Bank […]
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How blockchain could be used to tackle internal fraud. Fraud impacts organizations of all types and sizes across a wide range of industries and geographies. Consequences can be direct, through financial losses, or indirect, through fines and reputational fallout. In 2018, firms worldwide lost more than $7 billion to internal fraud schemes, according to a […]
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Four major U.S. drug companies have joined a blockchain project to manage chargebacks. Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2. McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have […]
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Researchers have boosted Hyperledger Fabric’s capacity from 3,000 transactions per second to 20,000. Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second (TPS), according to a May 2 news release from Canada’s University of Waterloo. A new series of optimizations increased the volume of data that the blockchain — […]
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Blockchain medical tech startups Longenesis and Insilico Medicine and South Korean hospital Gil Medical Center will jointly create a blockchain-based health data management solution. Blockchain-powered medical data marketplace Longenesis and biotechnology company Insilico Medicine have entered into an agreement with South Korean hospital Gil Medical Center to create a blockchain-based health data management solution. The […]
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Blockchain tech firm Bitfury and Longenesis have jointly launched production of a blockchain-based consent management solution for doctors and patients. The Bitfury Group and blockchain-powered medical data marketplace Longenesis have jointly launched production of a blockchain-based consent management system for the healthcare industry. The development was announced in a press release shared with Cointelegraph on […]
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WISeKey has acquired a 22% interest in American data infrastructure firm Tarmin through a multi-million USD transaction. Switzerland-based blockchain, Internet of Things (IoT) and cybersecurity firm WISeKey has acquired a 22 percent interest in American data infrastructure firm Tarmin through a multi-million USD transaction, exact amount unspecified. The news was revealed in an official announcement […]
Continue ReadingGovernment-backed Tribe will now offer its startups shared expertise in the mobility industry and blockchain tech production. Singapore government-backed blockchain accelerator Tribe has gained BMW and Intel as two major strategic partners, local English-language technology news outlet Tech In Asia reported on March 22. Tribe, which began operations late last year, is the brainchild of […]
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As the Fourth Industrial Revolution approaches, blockchain and AI are starting to be used by companies together, rather than separately. Human imagination and the strive to turn science fiction into science fact goes back to ancient times, but has only truly begun to manifest itself in the last 50 years. Though mostly unseen by average […]
Continue ReadingEastern Caribbean Central Bank to issue Digital Eastern Caribbean Dollar in partnership with Medici portfolio firm Bitt. Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the news in a press release on March 6. Barbados-based Bitt […]
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