Big Four audit and consulting firm Deloitte successfully completed a joint pilot of digitizing the supply chain on multiple DLTs. Big Four audit and consulting firm Deloitte has successfully completed a joint pilot for digitizing the supply chain on multiple blockchain networks, according to an official press release published on Feb. 1. Within the new […]
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Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
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Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think. In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies […]
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Danish state-owned energy company Energinet aims to use Iota Tangle to develop IoT-based products and services. Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30. Energinet, which is an independent enterprise under Denmark’s Climate […]
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The Italian postal service has joined the Hyperledger blockchain community, which includes American Express, Cisco, Intel and JPMorgan. The Italian postal service provider, Poste Italiane, has joined the Hyperledger blockchain community, Cointelegraph Italia reported on Jan. 29. Hyperledger is a collaborative project led by the Linux Foundation which aims to create open-source standards for blockchain […]
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sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]
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A savvy strategy and innovative leaders may turn Wyoming into a crypto hub. In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room […]
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Japan finance giant SBI Holdings and enterprise software firm R3 have established a joint venture for business expansion in Asia. Japanese financial services company SBI Holdings has officially announced a joint agreement with the United States blockchain consortium R3 to work in Japan, according to a press release published on Jan. 29. Back in December, […]
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The Ministry of Education and Science of Russia has introduced a blockchain-based platform for tracking natural diamonds. Russia’s Ministry of Education and Science (Minobrnauki) has introduced a blockchain-enabled platform for tracking natural diamonds, government-backed news agency TASS reports today, Jan. 30. The new Russian diamond tracking technology claims to fully guarantee the authenticity of diamond […]
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A recent report from JPMorgan reportedly notes the potential for blockchain technology in banking and payments. Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29. JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global […]
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