Senior executives acknowledged the technology is not yet superior for its purposes, while remaining optimistic about development. A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated […]
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Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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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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The World Economic Forum announced a broad blockchain project: “Redesigning Trust: Blockchain for Supply Chains.” The World Economic Forum (WEF) has teamed up with over 100 global supply chain and logistics leaders to standardize blockchain apps in the industry, the organization announced on May 1. The WEF, a Switzerland-based organization whose motto is commitment to […]
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The CIO of American delivery services company FedEx, Rob Carter, has called for blockchain standards for the industry. Rob Carter, the chief information officer of American delivery services company FedEx, has called for uniform standards in the blockchain industry, tech-focused media outlet Computerworld reported on April 25. Speaking at the Blockchain Global Revolution Conference, Carter […]
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Perlin will assist the world’s largest business organization to get to grips with the technology’s potential applications. Singapore blockchain startup Perlin is helping the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technology, the company confirmed in a press release on April 12. Perlin, which is already involved in blockchain […]
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The Italian postal service has joined the Hyperledger blockchain community, which includes American Express, Cisco, Intel and JPMorgan. The Italian postal service provider, Poste Italiane, has joined the Hyperledger blockchain community, Cointelegraph Italia reported on Jan. 29. Hyperledger is a collaborative project led by the Linux Foundation which aims to create open-source standards for blockchain […]
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By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. Unemployment is down and consumer confidence is up. Holiday sales for U.S. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent increase experienced over the past […]
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Driverless cars are indeed coming to roads soon enough — the U.K.’s transport secretary, in fact, recently predicted that those vehicles would appear there within four years. Even so, it might be autonomous trucks — as in semi-trailer trucks that haul freight — that hit the highways in greater numbers initially, perhaps having a quicker impact […]
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The EEA and Hyperledger will seek more active cooperation to advance the enterprise blockchain sphere. The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption. The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and […]
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