The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry. The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. In a press release on Dec. 10, the ICC said that a partnership with Perlin and […]
Continue Reading
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry. Distributed ledger technology, colloquially termed “blockchain,” is making a bold promise to help bring the trade industry into the digital age. To help shed light on the intricate workings of the technology and the role […]
Continue Reading
OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2, […]
Continue Reading
U.S. financial services giant BNY Mellon has joined R3’s blockchain trade finance network, the Marco Polo Network. The Bank of New York Mellon (BNY Mellon) has joined blockchain software firm R3’s trade finance network, the Marco Polo Network. The American banking and financial services firm — which has over $1.9 trillion in assets under management […]
Continue Reading
Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal […]
Continue Reading
Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering with the United States Securities and Exchange Commission. Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of […]
Continue Reading
The Chinese president’s blockchain remarks are draining this VP’s cell phone battery. Speaking at BlockShow Asia 2019, Hyperledger Vice President APAC Julian Gordon described the personal impact that the Chinese president’s pro-blockchain remarks have had on him: “Xi Jinpin made that announcement 10 days ago. The reason I know that is because my phone is […]
Continue Reading
Subsidiaries of the jurisdictions’ two central banks will collaborate on a new project to link their two trade finance platforms using blockchain technology. Blockchain has received fresh endorsement from China in the form of a development pact with the de facto central bank of Hong Kong. In a news post on Nov. 6, the Hong […]
Continue Reading
Alternative use cases for a blockchain, existing alternatives to proof-of-work, and a case for why we need new consensus mechanisms. The Bitcoin white paper was published 11 years ago today, on Oct. 31, 2008, meaning that Bitcoin (BTC) is celebrating its 11th year of existence. From its humble beginnings to over a $300 billion market […]
Continue Reading
As crypto regulation is accepted in UAE blockchain projects could stand to benefit. The Securities and Commodities Authority (SCA) in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater clarity for crypto-related projects in the Middle East nation. With the focus usually on China, Japan or the United States, the […]
Continue Reading