The adoption of blockchain technology by tech firms, including Microsoft and Amazon, will become a multi-billion dollar opportunity, according to estimates by the Bank of America. The forecast was based on the assumption that 2 percent of servers (at $5.5K per server) will one day run on blockchain. On this basis, the bank estimates that […]
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It may not be much of a surprise to see a store clerk accept payment via smartphone, but recently, mPOS solutions are seeing increased implementation, beyond their traditional use by brick-and-mortar businesses. The flexibility, portability and business management features have seemingly made mPOS solutions attractive to a variety of industries. As a result, mPOS solutions […]
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Hackers have minted 235 million fake tokens of the digital Pigeoncoin currency by taking advantage of a bitcoin bug, The Next Web reported. As a result, the hackers were able to circumvent the cryptocurrency’s set supply of 21 billion coins. The hackers have not sold or moved their Pigeoncoins, but the reported noted the attack […]
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The computing giant IBM is becoming an established label in blockchain innovation, with numerous projects in action well beyond the experimentation phase. Just in the last month, the firm launched TradeLens with shipping behemoth Maersk – offering a shipment-tracking network across 20 port and terminal operators and 235 marine gateways globally. That’s as well as […]
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The U.S. Patent and Trademark Office awards IBM a patent for a blockchain-based security system that effectively helps to reveal breaches. The U.S. Patent and Trademark Office (USPTO) has recently awarded a patent for a blockchain-based secure system to U.S. tech conglomerate IBM, according to a patent filing published on USPTO’s website Tuesday, October 2. […]
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UK finance minister Philip Hammond has said that the integration of blockchain could solve the issue of the Irish border upon Brexit. British finance minister Philip Hammond has said that the issue of trade across the Irish border after Great Britain leaves the European Union (EU) might be solved by deploying blockchain technology, The Irish […]
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A report from the Austrian Research Center International Economics states that blockchain technology can make export operations more efficient. In its new policy brief, the Austrian Research Center International Economics (FIW) has examined the possible effects of digitization, including blockchain technology, on the export economy, Cointelegraph auf Deutsch reports today, September 28. The report was […]
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The US telecoms giant AT&T announced yesterday the creation of a suite of blockchain solutions for its enterprise partners, designed to work with technology from IBM and Microsoft. According to an official press release, solutions will be available to enterprise customers to help automate and digitalise processes and better track information across multiple parties, in […]
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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 […]
Continue ReadingOrigins are all the rage in modern life: origin stories, family origins via DNA and digital ancestry databases. Add to that Walmart’s latest effort to gain more grocery market share: using blockchain technology to trace the origin of the food sold by the retailer back to the farms from which it came. The idea is […]
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