Ten enterprises taking a shot at creating their own cryptocurrency to leverage the power of blockchain to drive their businesses to the next level… The growing popularity of cryptocurrency has led to a revolution in the digital currency industry. Enterprises that were of noncrypto origin now have or plan to have their own crypto product. […]
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IBM has filed for a blockchain-enabled web browser patent with the United States Patent and Trademark Office. American technology behemoth IBM has filed with the United States Patent and Trademark Office for a blockchain-enabled web browser patent. According to a patent application published on Aug. 6, IBM has filed a patent application for a system […]
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Commerzbank tested blockchain-based machine to machine payments with trucks produced by the firm behind the Mercedes-Benz auto brand, Daimler. Frankfurt bank and financial services firm Commerzbank tested blockchain-based machine to machine payments with trucks produced by the firm behind the Mercedes-Benz auto brand, Daimler. Automated, human-free, payments According to a Commerzbank press release published on […]
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Shenzhen issued nearly 6 million blockchain invoices with a total value of $553 million since the program started in August 2018. Major Chinese city Shenzhen has issued nearly six million blockchain-based invoices in a year since their inception in Aug. 2018. Shenzhen processed around $550 million through blockchain invoices in a year According to a […]
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Chinese state hackers attack cryptocurrency and video game enterprises, cybersecurity company FireEye claims. Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2. Chinese government facilitating hacking operations Per the report, Chinese state espionage cyber unit APT41 “targets industries in a manner […]
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A blockchain letter of credit transaction in the oil industry has been sent by Standard Chartered with Thai state-owned oil giant PTT Group. London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group. On-chain letter of […]
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Australian winemaker Penfolds has partnered with VeChain to make a case of special wine bottles with blockchain authentication. Public enterprise blockchain platform VeChain has partnered with Autralian winemaker Penfolds to release a case of blockchain-encrypted wine bottles for sale, as part of its Wine Traceability Platform (WTP) initiative. More specifically, the launch of Penfolds Bin […]
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The groceries sector benefits the most from distributed ledger technologies, new study finds. The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects. UCL: grocery most active in DLT tracking Research conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. […]
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Financial services firm Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis. London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction […]
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Tech giant IBM and blockchain company Chainyard have jointly announced a new blockchain network designed to improve supply chain management. Tech giant IBM and blockchain company Chainyard have jointly developed a new blockchain network for supply chain management. IBM announced the platform in a press release shared with Cointelegraph on Aug. 5. Alongside IBM, the […]
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