• World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

    The World Bank has issued a second round of its landmark blockchain bonds.

    Aug 20, 2019
  • Moscow to Develop a Blockchain System for Transparent City Services

    Russia’s capital is looking for a contractor to build a blockchain system to host the city’s administrative services.

    Aug 16, 2019
  • Central Banks Worldwide Testing Their Own Digital Currencies

    Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses.

    Aug 16, 2019
  • A Blockchain-based Web Browser? Yes, Says IBM

    Big Blue is deepening its commitment to blockchain with a move that could mean wider use of the technology that could change global supply chains.

    Aug 14, 2019
  • Amazon Managed Blockchain Gets Cloud Support

    Amazon Web Services (AWS) is integrating its Managed Blockchain platform with its cloud storage service.

    Aug 14, 2019
  • Automotive Industry And Blockchain. Where Are They Heading?

    In this article, we cover several main categories where distributed ledger technology and Blockchain use cases apply to the automotive industry.

    Aug 14, 2019
  • Canadian Transcontinental Railway Joins Blockchain in Transport Alliance

    Canada’s transcontinental railway, Canadian Pacific (CP), has joined the Blockchain in Transport Alliance (BiTA). CP announced its new membership in an official press release on July 31. According to the announcement, CP is looking to support improvements in supply chain technology through blockchain technology. BiTA says that by joining the group, CP is helping them to drive global supply chain interoperability. BiTA president Patrick Duffy also commented on the potential benefits of blockchain in the transportation sector, saying that the new tech “has the potential to smooth the transactions that occur between shippers and carriers, but it requires the active participation of transportation leaders like CP.”  The Blockchain in Transport Alliance According to the announcement, BiTA has nearly 500 member organizations in the freight, transportation, logistics and affiliated industries. Members reportedly share a common goal of facilitating the adoption of new technology in these sectors, and work to both establish industry standards and provide education on blockchain solutions and distributed ledger technology. As per a report by the Canadian Broadcast Corporation, Duffy expounded on the issue of transportation currently requiring multiple tracking systems, saying…

    Aug 2, 2019
  • US Awards Patent for Blockchain-Based Firearm Data Recording System

    Two American inventors have won a patent for a blockchain-based recording system for ballistic data.  The United States Patent and Trademark Office awarded two inventors — Jason Palazzolo and Kevin Barnes — a patent for a “firearm environmental recording apparatus and system” on July 23. This apparently could include multiple recording devices, including a camera, microphone, and spatial sensor module that can record velocity, spatial measurements and acceleration data.  The filing states that a blockchain database or network could be used to store or be associated with any of the data gathered by the mechanisms. Justifire and evidence for self-defense According to LinkedIn, Jason Palazzolo is the founder and CEO of a company called Justifire. On its website, Justifire advertises a product called a “blackbox for your firearm.” The featured device attaches to the barrel of a pistol and contains the same features mentioned in the patent — video, audio and spatial recording and data gathering. The website claims that the purpose of this technology is to provide proof of self-defense, saying, “This valuable data could be used by its owner as evidence of an…

    Jul 31, 2019
  • US Defense Department to Develop Blockchain Cybersecurity Shield

    The U.S. Department of Defense (DoD) is looking to forge a blockchain cybersecurity shield. In a report published on July 12 titled Digital Modernization Strategy, the DoD outlined several ways to advance the nation’s digital defenses. This includes the integration of cloud and quantum computing, artificial intelligence, and improved communications through distributed ledgers. In fact, DARPA, the research wing of the Department is already experimenting with the technology “to create a more efficient, robust, and secure platform,” to secure messaging and process transactions, reports Decrypt. Specifically, blockchain may be deployed between units and headquarters as well as intelligence officers and the Pentagon. As part of the Digital Identity Management program, the agency may also issue a digital token that authenticates an agent’s identity. The DoD is also experimenting with the technology to facilitate the creation of an unhackable code to secure its databases. As part of the second Cryptographic Modernization program, in effect since 2000, the Department is replacing old hardware and cryptographic systems to meet the challenges of the improved computing power of the nation’s adversaries. Citing the trustless, transparent, and immutable…

    Jul 30, 2019
  • Ugandan President Backs Bid to Tackle Fake Meds With Blockchain

    Uganda’s president is getting behind a project using blockchain tech to fight the problem of counterfeit medicines. In an announcement on Monday, MediConnect – a firm that has built a solution to track and manage prescription meds using blockchain –said it has received “indicative” support from the Ugandan government to explore the use of its product in the country. The news comes after the company met with the president of Uganda, Yoweri Museveni, as well as its Minister of Health, Dr Jane Ruth Aceng, and other government officials to discuss the benefits of a blockchain solution. As well as pledging support for MediConnect’s solution in tackling the spread of fake drugs in Uganda, the government said it would be open to working with MediConnect on the issue, according to the press release. MediConnect CEO Dexter Blackstock said: “The Ugandan President, Minister of Health and National Drug Authority all understand the need to act fast to tackle the country’s counterfeit drug problem and recognise the benefits offered by tracing medication on the secure, scalable blockchain framework we are developing. We see this as…

    Jul 23, 2019
  • Siemens Evaluates Blockchain Potential For Carsharing

    With the invention of bitcoin came a new, secure method of value transfer, via its underlying technology blockchain. Since bitcoin’s inception ten years ago, a plethora of mainstream entities have investigated various ways to channel blockchain’s potential. Automation giant Siemens is evaluating the technology for various enterprise use cases, including improving the carsharing market. Siemens is following the trend of mainstream giants looking to incorporate blockchain. “We are in the space where we want to come up with industrial extensions of blockchain systems, […] blockchain systems for enterprises,” Siemens Corporate Technology head of cybersecurity and blockchain Andreas Kind said to me in an interview. Kind mentioned use cases pertaining to areas such as supply chain, mobility, manufacturing, etc. When entities are interested in making the move toward blockchain, they generally undergo periods of testing and discovery before choosing the most effective and applicable use cases, Kind explained. “Siemens is exactly in this kind of phase,” he added. The company just completed a period of exploration, Kind said, adding, “Now we’re at the point where we’re really zoomed into a set of use cases that are related to Siemens’ business.” Siemens is looking toward…

    Jul 16, 2019
  • 100 Japanese Firms Adopt Blockchain Technology for Data Sharing

    In a bid to bolster performance and improve efficiency, 100 Japanese manufacturers, including industry lead Mitsubishi Electric, have agreed to use distributed ledger technology (DLT) in sharing production data, according to a Nikkei report on June 17, 2019.

    Jun 18, 2019
  • Indian Government-Backed Program Offers Crypto and Blockchain Course

    An Indian government-initiated program is offering a course for undergraduates to learn about cryptocurrency, blockchains, and their use cases.

    Jun 14, 2019
  • Amazon Partnering With UK Insurer for Blockchain-based Pension Deals

    Amazon, the e-commerce company that needs no introduction, is partnering with Legal & General, an insurance agency based in the United Kingdom, to build a blockchain network for “corporate pension deals,” reports Reuters. Blockchain-based annuities Legal & General are taking advantage of the blockchain system put in place by Amazon Web Services. The goal is to use this network to handle annuities, pension schemes, and more. Thomas Olunloyo, CEO of Legal & General Reinsurance spoke on the matter: “The long-term nature of annuities business as it allows data and transactions to be signed, recorded and maintained in a permanent and secure nature over the lifetime of these contracts, which can span over 50 years.” According to the publication, Legal & General is using the blockchain platform for services outside of its main areas of work, the United States and the United Kingdom. However, if things go well here, the group would be more than happy to move the blockchain over to its primary markets. The General Manager at Amazon Managed Blockchain at Amazon Web Services Rahul Pathak commented on the partnership…

    Jun 12, 2019
  • Russian Region Yugra to Launch Blockchain-Enabled Tourism Platform

    The Khanty-Mansi Autonomous Okrug – Yugra, a federal subject of Russia, will launch a blockchain-enabled tourism platform.

    Jun 10, 2019
  • Largest Power Provider in South Korea Plans to Establish Blockchain System for Renewable Energy

    Blockchain technology is finding new use cases around the world, and South Korea is taking advantage of its features in a new announcement by Energy Daily. According to the publication, the Korea Electric Power Corporation (KEPCO) has decided to sign a contract involved two domestic power suppliers.

    Jun 5, 2019

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