Brazil has released its blockchain solution on schedule, with participation currently involving nine domestic banks. The central bank of Brazil has officially launched its blockchain ID platform via a partnership with IBM using Hyperledger Fabric, Cointelegraph Brazil reported on June 12. The identity solution, dubbed “Device ID,” will see participation from nine banks, and is […]
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Amazon partners with insurance agency Legal & General to make a bulk annuities transactions using blockchain technology Online retail giant Amazon has partnered with United Kingdom-based insurance agency Legal & General to create a blockchain system for managing corporate pension deals, according to a report by Reuters on June 11. Legal & General will reportedly […]
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Mauricio Minas, vice president of Bradesco bank, stated that Brazilian banks will adopt an unnamed blockchain platform on June 12. The vice president of Brazil’s biggest bank, Bradesco, revealed that major local banks will introduce a unique blockchain platform on June 12, Cointelegraph Brazil reports on June 11. Bradesco VP Mauricio Minas has delivered a […]
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Visa B2B Connect contains elements of Hyperledger technology in order to transfer more data on cross-border payments. United States’ payment giant Visa has launched a cross-border payment network derived from some aspects of blockchain technology, Reuters reports June 11. The network, called “Visa B2B Connect,” is designed to facilitate international payments made by global financial […]
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Target says it has open sourced a blockchain project for supply chain tracking built on Hyperledger Sawtooth. United States-based retail giant Target is creating an open source blockchain project for supply chain tracking, according to an official blog post from the company’s VP of architecture on April 22. According to the post, Target ran a […]
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From fixing ads and loyalty programs to ensuring ethical sourcing of products, here’s how blockchain can make retail more efficient. Cryptocurrencies have gone a long way since the day when, nine years ago, Laszlo Hanyecz had paid 10,000 bitcoins for two large Papa John’s pizzas, marking the first purchase of tangible goods for digital money. Although […]
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Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric. Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2. The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be […]
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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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Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins. Iran’s plan to battle international sanctions through the use of a state-sponsored cryptocurrency has been brewing for over a year now. It’s been a viable and exciting option for a country that had been cut off from the global economic community […]
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The Dubai Land Department has partnered with Mashreq Bank to release a blockchain-based platform for recording and updating mortgage transactions. The Dubai Land Department (DLD), the real estate arm of the Executive Council of Dubai, has partnered with UAE-based Mashreq Bank to release a blockchain-based mortgage platform, according to a report by The National on […]
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