The insurance sector is riddled with inefficiencies — and distributed ledger technology is on a mission to fix them. The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and organizations face every day inevitably involves coordination of the multiple parties’ efforts and reconciliation of extensive […]
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Cardano founder Charles Hoskinson sees emerging markets as huge reservoirs of future customers, but succeeding in them depends on relationships. Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates […]
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Crypterium, a crypto payment company led by former Visa exec, has shipped 3,736 Crypterium debit cards in the first week after the launch. Crypterium, crypto payment firm led by former Visa exec, has shipped about 4,000 crypto debit cards in a week since the launch of the card, according to a press release on June […]
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Why do insiders believe that health care is the ultimate use case for blockchain? Learn more about decentralized medical solutions. Contracts are good but can blockchain actually save lives? Maybe. Blockchain is already involved in tests for diagnosing medical conditions. Moreover, it is improving our daily health care routine. Many solutions that could possibly contribute […]
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The FDA needs to track drugs by 2023, but will it go with blockchain? Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents […]
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Blockchain technology is now being used in a pilot program for tracking cannabis supply chains. Canadian pharmacy chain Shoppers Drug Mart has partnered with blockchain company TruTrace Technologies Inc. to launch a pilot program for cannabis supply chain tracking via blockchain, according to a report by Bloomberg on June 17. According to the report, this […]
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The Rhode Island government is seeking proposals from qualified firms on blockchain solutions that improve efficiency, transparency, accuracy and security in the state. The Rhode Island Department of Administration/Division of Purchase in the United States has issued a public solicitation for blockchain solutions via proof-of-concept proposals, according to official documentation published on May 31. The […]
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The World Economic Forum announced the formation of six different “fourth industrial revolution councils.” The World Economic Forum (WEF) announced the formation of six separate “fourth industrial revolution councils” to work on new technology policy guidance, according to a press release shared with Cointelegraph on May 29. Per the release, the councils intend to help […]
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Talking with the director of ecosystem at Hyperledger on blockchain adoption, community stereotypes and the power of education. This interview has been edited and condensed. Hyperledger, an open source project, was created in 2016 by the Linux Foundation in order to support the development of blockchain-based distributed ledgers. All the members of Hyperledger — including […]
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Four major U.S. drug companies have joined a blockchain project to manage chargebacks. Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2. McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have […]
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