Professional service giants like the Big Four are innovating in the blockchain and crypto space. Is it enough to make an impact? Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors […]
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Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come. Over the last decade, we have witnessed the massive development of crypto. Formerly a geeky trend, crypto was once a questionable and not easily understandable invention […]
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Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology. Global telecommunications giant Vodafone has partnered with blockchain startup Energy Web (EWT) to connect “billions” of distributed energy generating assets via internet-of-things (IoT) and distributed ledger technology (DLT). Energy Web announced the partnership on May […]
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Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI). Reuters reported on May 26 that the company, […]
Continue ReadingBlockchain-based solution may help to contain the growing cases of COVID-19 across the UAE. UAE-based startup incubator, in5, is helping to design blockchain-based methods to contain the COVID-19 pandemic in the country and thus flatten the curve. According to a report published on May 20, Liber Health, supported by in5, is one of the platforms […]
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The United Nations has released a report to raise governmental and international awareness for blockchain’s application in the seafood value chain. Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains. The Food and Agriculture Organization […]
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In light of the cracks revealed by the COVID-19 pandemic, blockchain is needed now more than ever to create a new global paradigm. The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being […]
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IBM’s head of blockchain in Australia and New Zealand has shared the firm’s outlook for the integration of DLT into supply chain systems. In an interview with Cointelegraph, Rupert Colchester, the head of blockchain at IBM Australia and New Zealand, discussed how distributed ledger technology is transforming supply chain systems worldwide. Colchester also provided insight […]
Continue ReadingTo gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs, […]
Continue ReadingTech firm MVC Global and logistics firm Cox Logistics Group will launch a SmartHub warehouse to improve the distribution of pharmaceuticals across the Gulf region. Bahrain-based tech startup MVC Global and logistics firm Cox Logistics Group will jointly launch a so-called SmartHub logistics warehouse to improve the distribution of pharmaceuticals across the Gulf Cooperation Council. […]
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