LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet […]
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SK Group’s chairman Chey Tae-won expressed interest in blockchain and token economy at a recent startup event in Seoul South Korea’s largest telecom and the third top conglomerate SK Group has invested $10 million in major global blockchain firm ConsenSys, according to a report by local news agency Chosun on July 2. Worth noting is […]
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Ground X, the Kakao Corp subsidiary behind the Klaytn blockchain platform, says the companies already using ecosystem are worth a combined $64.8 billion. Ground X, the blockchain arm of South Korean tech giant Kakao, has launched the mainnet of its Klaytn platform, The Korea Herald reported on June 27. It is hoped that the platform, which focuses on decentralized […]
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Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
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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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5G promises to boost development efforts in IoT and blockchain Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security. But now, the introduction of a new technology could change that. This year, major carriers like AT&T […]
Continue ReadingIBM’s new partnership is aimed at supply chain management in the mining and metals industry, looking to improve logistics, financing, and cost-saving. Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press […]
Continue ReadingThe two companies and several others are using blockchain to improve the traceability of cobalt and ensure ethical sourcing. Global technology giant IBM will use its blockchain platform to monitor and trace supplies of cobalt from the Democratic Republic of Congo, the company confirmed in a press release on Jan. 15. IBM, which has already […]
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Blockchain browser Brave will be pre-installed on HTC’s blockchain browser, supporting cryptocurrency networks. Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. […]
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Major Spanish telecoms operator Telefónica is going to use the IBM Blockchain Platform to improve the management of international mobile phone call traffic. IBM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic, per a press release shred with Cointelegraph Nov. 14. Telefónica is the […]
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