Solar Power Supplier Kyocera Teams up With Blockchain Firm to Improve Energy Distribution

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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Google Cloud Adds Enterprise-Focused Ontology’s Development Platform

The development software of enterprise-oriented cryptocurrency Ontology has been added to the Google Cloud platform. The development software of corporate-oriented cryptocurrency Ontology (ONT) has been added to the Google Cloud Platform Marketplace, a Medium post from Ontology revealed on Feb. 23. The newly supported software, called ont_dev_Platform, is a set of tools for developing smart […]

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Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot

Three German banking and tech giants have completed a 100,000 euro money market security transaction based on the blockchain platform Corda. German banking and financial services company Commerzbank and technology companies Continental and Siemens have jointly conducted a money market security transaction pilot using blockchain technology. Cointelegraph auf Deutsch reported on the development on Feb. […]

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Blockchain in Health Insurance: More Accuracy, More Transparency and More Efficiency

How blockchain will make health insurance cheaper and more efficient. The evolving relationship between blockchain tech and the health sector has already been thoroughly documented, yet something that’s received less attention is the increasing role blockchains are set to have in the health insurance industry. This industry was worth over $600 billion in 2017 in the […]

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Report: Bank of China Joins New Blockchain Platform for Property Buyers

Hong Kong property development firm New World Development and ASTRI will jointly launch a blockchain platform designed to reduce paperwork during mortgage applications. Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute (ASTRI) will jointly launch a blockchain platform for home buyers with the Bank of China reportedly […]

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New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology

A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published […]

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Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]

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