As investments in cryptocurrency have grown in popularity, and value, security breaches have increased in parallel, with millions of dollars in Bitcoin and other digital currencies stolen from digital currency wallets around the world. In a fintech environment, there are numerous standards that are followed to maintain a level of data security to protect people’s assets. […]
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The Wall Street Journal managed to issue two units of its own cryptocurrency before red tape stopped the experiment. The Wall Street Journal (WSJ) created and then destroyed its own cryptocurrency in a bid to “understand” the industry, the publication revealed in a mini documentary Wednesday, October 3. WSJ Coin, which journalist Steven Russolillo hoped […]
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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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IBM and Marsh’s blockchain-based commercial insurance partnership will leverage Salesforce links, the companies have confirmed. Global insurance brokerage and risk management firm Marsh announced it would extend its partnership with IBM as part of its proof-of-insurance blockchain solution, a press release confirmed Wednesday, September 26. Marsh, which began working with IBM in April this year […]
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The National Stock Exchange of India is testing a Hyperledger-based blockchain platform developed by Elemential Labs to conduct e-voting. The National Stock Exchange of India (NSE) is testing a blockchain platform developed by Elemential Labs to conduct e-voting for listed companies, local news outlet Hindu BusinessLine reports September 27. The NSE’s pilot will entail tokenizing […]
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American delivery services giant FedEx has joined Hyperledger to contribute to blockchain technology development. American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, […]
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American Express has partnered with digital retailer, Boxed to integrate Hyperledger blockchain technology into its rewards program. Using the functionality of Hyperledger, the company will enable its merchants to create custom Membership Rewards programs for AmEx cardholders. In this pilot program, members will be able to earn five times the normal amount of points when […]
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Oracle Corp. will release its blockchain software in May 2018, according to an article in Bloomberg. The company will provide their blockchain product as a platform-as-a-service by the end of the month, followed by a decentralized ledger-based application in June 2018, according to Thomas Kurian, president of product development. This plan would bring the number […]
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IBM released a new blockchain product, targeted to start-ups that are not quite ready for their enterprise application development solution. In addition, IBM will offer new services that are designed to commercialize blockchain applications. Unlike the trustless public blockchains that underpin cryptocurrencies like Bitcoin and Ethereum, IBM’s permissioned blockchain network limits the number of trusted […]
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