The head of innovation at Big Four audit firm Ernst & Young argued that blockchain disruptors should “go back to first principles.” 83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at […]
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Global cloud computing firm Salesforce has announced the release of its blockchain-based platform Major United States-based cloud software firm Salesforce, has introduced its own blockchain platform, the firm said in a live stream on May 29. The new product, Salesforce Blockchain, is based on the firm’s own application builder Salesforce Lightning and open source blockchain […]
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Swiss Mediterranean Shipping and French CMA CGM have both joined TradeLens. Two leading global shipping firms, Mediterranean Shipping Co (MSC) and CMA CGM, have joined blockchain shipping platform TradeLens, Reuters reports on May 28. Switzerland-based MSC, the world’s second-largest shipping company, and French CMA CGM, reportedly the fourth-largest container shipping firm, have joined the blockchain […]
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Iran’s central bank, in partnership with a local blockchain solutions provider, is developing a national blockchain platform called Borna that will be used to revamp the country’s ailing banking and financial markets. The Central Bank of Iran (CBI), via its Informatics and Services Corporation (ISC) and in conjunction with Areatak — a Tehran-based blockchain solutions […]
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Italy is for the European elections. Blockchain is on the agenda for politics and institutions, and relevant novelties lay ahead. Between May 23 and 26, 2019, the European Union’s citizens are renewing their continental parliament. Among the countries that will participate in the poles is Italy (voting on May 26) — one of the founding […]
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Russian state-owned firm Rostec offers a $1.3 billion-worth plan to apply blockchain in all the state data systems. Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24. An institution under Rostec has reportedly developed a blockchain roadmap worth of […]
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Malta’s government has awarded 19 blockchain scholarships from the fund set up by the University of Malta and MITA. The Maltese government has awarded 19 students blockchain scholarships worth a total of 160,000 euro ($179,000), local publication the Malta Independent reports May 23. The scholarships were granted by Silvio Schembri, Parliamentary Secretary for Financial Services, […]
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Bitfury teamed up with the Astana International Financial Centre to collaborate on blockchain development in the region. Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21. Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana […]
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Austria-based fiber supplier Lenzing Group plans to apply blockchain to track its fiber supply and to “green up the textile industry.” Major global fiber producer Lenzing will implement blockchain tech to bring more transparency to its fiber supply chain, the firm announced on May 17. Headquartered in Lenzing, Austria, the fiber manufacturer partnered with Hong […]
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Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]
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