A division of Chinese e-commerce giant JD.com has opened a center for developing “smart cities” with blockchain technology and AI. A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28. Jingdong Group (JD.com) is a Chinese e-commerce company that […]
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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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Retailers are rolling out new ways for consumers to look for items online. Forever 21, in particular, is moving beyond text-based online search for its customers with visual search. In an announcement for the feature, Forever 21 President Alex Ok said the technology “bridges the gap” between online and offline worlds, while enabling “customers to […]
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Despite problems with its new logistics system, which cost H&M an additional $45 million, the retailer saw a positive sales trend during September — the first month of the fourth quarter. In a call with analysts, H&M CEO Karl-Johan Persson said that the glitches would have a cost and sales impact, but Reuters reported that they […]
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American delivery services giant FedEx has joined Hyperledger to contribute to blockchain technology development. American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, […]
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Source: PYMNTS The late payments spotlight shines again on the United Kingdom, where the struggles continues for smaller firms to manage cash flow as larger firms hold back payments – or do not pay at all. Even as lingering effects of the Carillion bankruptcy – where the construction industry juggernaut owes 800 million pounds to […]
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