Even the FDA uses blockchain Federal agencies have turned to blockchain for its transparency, efficiency, security and flexibility. According to FedTech magazine, several federal agencies like the U.S. Food and Drug Administration, or FDA, and the Department of Treasury began using blockchain. Officials in the US Food and Drug Administration needed an effective way to help […]
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Enterprise Ethereum is gaining traction among organizations seeking data integrity, but the technology hasn’t reached its full potential just yet. As the blockchain space continues to mature, enterprises are starting to realize the technology’s capabilities. A major promise of blockchain is its ability to connect industries that typically operate in silos, bringing about new opportunities […]
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Who said browser-based cryptojacking was dead? The crypto price surge since March has been accompanied by a wave of cryptojacking attacks according to new research published by cybersecurity firm Symantec. According to the company there was a 163% increase in browser-based cryptojacking activity in the second quarter of 2020. Cryptojacking had previously been in a […]
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Everledger’s partnership with JD.com will allow buyers in China to purchase diamonds knowing their origins. DLT supply chain firm Everledger is partnering with local Chinese diamond sellers to ensure customers only receive genuine gemstones. In an Aug. 25 announcement, Everledger, a global digital registry for diamonds, said it would be working with Chinese e-commerce giant […]
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With globalization progressing rapidly across all industries, let’s look at how blockchain tech is implemented in global advancement worldwide. Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to […]
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A detailed explanation of how blockchain is being applied to transform a variety of supply chains Author Don Tapscott’s latest book Supply Chain Revolution highlights opportunities for transformation that blockchain can bring to what the book calls a $50 trillion supply chain industry issue. Tapscott, who is also co-founder of the Blockchain Research Institute, told […]
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“Blockchain doesn’t go mainstream until things in the real world break.” Some attention has been devoted in recent years to the matter of blockchain adoption more specifically, when will blockchain technology go mainstream and when it does, how will we even know? The question is somewhat problematic because blockchain is an infrastructure, operating in the […]
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Taro Aso, Japan’s finance minister, said blockchain could provide one possible solution to COVID contact tracing, emphasizing privacy. Japanese Finance Minister Taro Aso suggested blockchain would be key in the world’s battle against the coronavirus pandemic as the technology can be used for contact tracing while ensuring privacy. Aso gave the opening remarks for the […]
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Supply chain transparency is the spanner in the works of the digital advertising machines, but can blockchain help? Recent statistics show that digital advertising spending worldwide will reach a total of $335 billion dollars in 2020. While impressive, the digital media landscape is rife with issues due to a lack of supply chain transparency. As […]
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Companies using the solution may even cut costs. VeChain launched its blockchain-enabled sustainability solution aimed towards companies looking to digitize their sustainable practices. Part of its blockchain-as-a-service platform ToolChain, VeChain promises the solution can streamline sustainable practices during the supply chain and manufacturing process and also showcase these practices to third parties like regulators. VeChain […]
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