Following initial excitement around the Apple iPhone XS series, sources familiar with the supply chain claim that demand for the devices could slow. Already, the first wave of iPhone XS and XS Max sales are said to be weaker than the generation of iPhone 6 devices, DigiTimes reported. The reason? The iPhone XS Max’s “extremely […]
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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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Open Mineral, a Swiss trading platform for metal concentrates is bringing together a blockchain consortium to improve mineral supply chains, including trading and logistics. According to Reuters, Open Mineral will collaborate with ConsenSys, a US blockchain startup. Together they will establish Minerac, to optimize mineral trading and supply chains. According to Boris Eykher, CEO of […]
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The international enterprise software developer, SAP has launched a cloud-based, Blockchain-as-a-Service (BaaS) platform. This announcement comes just three weeks after Amazon and ConsenSys announced an enterprise blockchain solution. SAP SE (Systems, Applications & Products in Data Processing) is a multinational software corporation, based in Germany. The company has over 335,000 customers in 80 countries, and […]
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As reported in FinansWatch, 22 European countries have joined forces to develop a common blockchain infrastructure. The Minister of Industry has confirmed that Denmark will be the first country in the European Union to use blockchain technology in its shipping industry as part of this initiative. The Ministry of Business issued a press release, in […]
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The publicly traded IT giant, Infosys Ltd. (INFY) is creating a blockchain network for banks in India. The fintech solution will be designed to improve efficiency and security in trade finance for the banking sector. Infosys has partnered with seven private banks in India, including ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, […]
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Cardano (ADA) CEO, Charles Hoskinson signed a Memorandum of Understanding (MOU) with the Ethiopian Ministry of Education. Under this agreement, Cardano will train blockchain developers in integrating blockchain technology with coffee production in the agriculture industry. A group of developers will be trained in Cardano code by the end of 2018, and it is expected […]
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PwC Hong Kong and PwC Singapore have entered into a joint business relationship with VeChain Global Technology, with each organization acquiring a small ownership interest in VeChain, according to the PricewaterhouseCoopers website. The purpose of the partnership is to utilize VeChain’s trust-based services in accessing and performing transactions on the platform. According to PwC Asia […]
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The digital currency market is growing, and with growth, we can only expect growing pains. Among these are the latest reports of hackers and digital currency theft. There was the BitGrail hack, which resulted in $170 million in NANO disappearing, and there was the Browsealoud plugin hack where an intruder injected Monero mining JavaScript into […]
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