Tag: ibm

South Korea’s Largest Car Supplier Hyundai to Use DLT in Smartphone-EV Pairing Tool

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Hyundai Motor Group plans to apply blockchain in its new smartphone-vehicle pairing performance adjustment technology. South Korea’s largest car manufacturer, Hyundai Motor Group, will use blockchain in its new tech for pairing electric vehicles (EVs) with smartphones. Sustainable mobility-focused news agency Green Car Congress reported on the development on April 22. Hyundai reportedly announced development […]

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Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

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FinCEN’s enforcement against a p2p crypto exchanger could set a precedent, and French instant mashed potatoes go blockchain. Top Stories This Week FinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency Exchanger In an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused […]

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Volkswagen Joins IBM-Backed Blockchain Platform for Cobalt Supply Chains

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Amid ethical concerns about mining cobalt, Volkswagen is joining a blockchain-powered platform to ensure the mineral is ethically sourced. Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18. The German-headquartered company […]

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Ethereum Consortium Launches Token Initiative With Microsoft, JPMorgan Chase, Others

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The Enterprise Ethereum Alliance has launched a blockchain-neutral Token Taxonomy Initiative that will seek to define tokens in non-technical and cross-industry terms. The Enterprise Ethereum Alliance (EEA) has launched a blockchain-neutral Token Taxonomy Initiative in partnership with major firms, according to a press release from EEA on April 17. The initiative will seek to define […]

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US Researchers Develop Blockchain Protocol to Fight Counterfeit Pharmaceuticals

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Researchers at Portland State University have created a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market. Portland State University (PSU) researchers have made a blockchain protocol to prevent counterfeit pharmaceuticals from filling the market, according to a press release published on April 15. PSU researcher and professor of computer science at the Maseeh […]

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US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers

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American blockchain startup Flexa raised $14.1 million in funding to release a blockchain-powered payment network for retailers. New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11. Per the release, Flexa has raised $14.1 million in funding […]

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Circle CEO: Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society

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Circle CEO Jeremy Allaire reaffirmed his stance, “in crypto we trust,” opposing centralized intermediaries to cryptographic proof. The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 […]

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