Teleport, the logistics division of major airline AirAsia, launched blockchain-based cargo booking system Freightchain. Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching […]
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The energy industry combines supply chains, financial markets and consumer services. Innovative blockchain solutions aim to improve it at each level. What’s next for blockchain in energy? Despite the potential challenges, it’s clear that there is significant potential for blockchain in the energy industry. Research by Global Market Insights predicts the blockchain energy segment to […]
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Cargill and Rabobank settle a $12 million commodity trade using blockchain technology, reducing the transaction time to five days. Dutch multinational banking and financial services company Rabobank recently announced the settlement of a $12 million intercontinental commodity trade using blockchain technology. Rabobank and other logistics companies collaborated with the United States-based agricultural behemoth Cargill and […]
Continue ReadingGMO Coin unveiled BAT lending, Japan’s stay at home order affected crypto businesses, and more headlined news from Japan this past week. This week’s headlines from Japan included GMO Coin unveiling Basic Attention Token (BAT) lending, Nitori using blockchain for furniture logistics, blockchain solution outfit, Ginco, receiving funding from DBJ Capital, Japan’s stay at home […]
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Cointelegraph spoke to Chuck Young of the US Government Accountability Office to learn about the agency’s exploration into DLT. The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March. Cointelegraph spoke to Chuck […]
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The U.S. legislative branch’s supreme auditor has created two job positions with responsibilities including the development and exploration of blockchain. The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March. GAO is the supreme audit institution of the U.S. government and […]
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The Bank of Korea has launched a pilot program to assess the technological and legal requirements of issuing a central bank digital currency. The Bank of Korea announced on April 6 that it has launched a pilot program to assess the logistics of issuing a central bank digital currency — or CBDC. While the South […]
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The authors of a report for the World Economic Forum argue that blockchain technology is key to mitigating the impact of disruptions like the COVID-19 pandemic. As the COVID-19 pandemic brings major economies to their heel under lockdown, there is mounting concern that the global trade and supply chain system could buckle within weeks. Collapsed […]
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Genobank has partnered with Telos to develop an app facilitating private coronavirus testing. Genobank, a blockchain project seeking to offer consumers ownership and control over their DNA data, is preparing to launch an app on EOS-based blockchain platform Telos to assist people in accessing anonymous coronavirus testing. According to a recent announcement from the Telos […]
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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and […]
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