Tag: BLOCKCHAIN NEWS
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German Government Consults Industry About Blockchain Technology
byThe German government is consulting companies and industry groups that could become stakeholders in the country’s blockchain development, Reuters reports on Feb. 18. The unnamed companies and groups have reportedly been invited to supply recommendations from this week onwards. Reuters also cites unspecified government sources saying that it is still unclear if those recommendations will […]
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IBM Launches Blockchain Platform on Cloud Service in Melbourne
byIBM has released its blockchain main net out of its data center located in Melbourne, Australia. This will purportedly allow their customers to run their applications on the company’s cloud, according to an article published on news outlet ZDNet on Feb 11. The IBM platform was built on Hyperledger Fabric. Hyperledger is a project that […]
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Blockchain and biometrics: The patient ID of the future?
byIris biometric technology could add enhanced security measures to blockchain networks in the healthcare industry. Patientory Inc. and UK-based IrisGuard partnered to integrate iris biometric technology with healthcare-focused PTOYNet blockchain networks, according to a Friday press release. In the form of a HIPAA-compliant Patientory App, the iris-recognition software will add another layer of secure authorization […]
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JP Morgan report states blockchain is overhyped and unlikely to change the world
byMany on Wall Street are optimistic that blockchain technology will bring about massive disruption to legacy platforms as billion of dollars have been used to invest in the nascent industry. JP Morgan, however, doesn’t share this optimis, Business Insider reports. According to a recent report published by the multinational investment bank, blockchain isn’t that great. […]
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Spanish Port Authority Joins Blockchain Platform Developed by IBM and Maersk
byThe Port Authority of the Bay of Algeciras (APBA) has signed an agreement under which it will collaborate with IBM on its shipping platform Tradelens, Europa News reported on Jan. 21. Tradelens is a digital platform based on blockchain technology developed by both IBM and international shipping giant Maersk. Algeciras is one of the top 10 busiest ports in Europe, hosting over 70 million […]
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Identity on the blockchain doesn’t need to be perfect, it just needs to be better than Yahoo
byCryptoSlate, a very useful blockchain aggregation website, maintains a list of projects which specialize in digital identity or at least some elements of personal identity on the blockchain. At present there are no less than 28 such projects, the bulk of which emerged in 2018. On the face of it, storing any personal information on a blockchain […]
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Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients
byIsrael’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. Following a successful pilot of its blockchain-powered eB/Ls platform that lasted for over a year, the shipping firm has claimed that blockchain can not only replace the […]
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Blockchain Research Now Granted Tax Credit in South Korea
bySouth Korea’s government has added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation, English-language local media TheNews.Asia reports on Jan. 8. The local Ministry of Strategy and Finance announced the proposed changes to the enforcement decree of last year’s tax law, which will be enforced in February. The proposed amendments also include among the eligible fields […]
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Samsung NEXT Technical Director Values Decentralization Above Blockchain
byDecentralization is a more important phenomenon than blockchain, a senior executive at South Korean tech giant Samsung said in an interview with computing magazine JAX Jan. 10. Speaking about the future of blockchain, Ricardo J. Méndez, Technical Director at the firm’s innovative technology arm Samsung NEXT, forecast a consolidation of the space in the coming year, but underscored the importance of reshaping centralized […]
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Can Dubai Become the First Blockchain Powered City by 2020?
byWhen we think of Dubai, we think of Arab billionaire lifestyles, 6-star hotels, and awe-inspiring skyscrapers. But did you know that plans are in place to turn Dubai into the first blockchain-powered city by 2020? The Director-General of Smart Dubai, Dr. Aisha Bint Butti Bin Bishr, believes that city is in prime position to establish […]
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