Fri, March 29, 2024

Blockchain

Blockchain and new opportunities

Bank of Thailand and IBM’s Blockchain Technology

On October 5, the Bank of Thailand launched the world’s first blockchain-based government savings bonds issuing a total of $1.6 billion within two weeks. This information comes from IBM.  It is worth noting that, IBM is recognized as a leading enterprise blockchain provider. Interestingly, the company’s research, technical, as well as business experts broke barriers …

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blockchain

South Korea’s Largest Blockchain Project and Luxury Goods

There are many fake products on the market. Sometimes it is quite hard to distinguish between products produced by companies from fake products. Furthermore, companies are struggling to protect their products. As a result, they lose a lot of money due to the products produced without their consent. Unfortunately, it takes a lot of time …

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Federal Agencies and Blockchain technology

Austrian-Based Gin Distiller Stin and Blockchain

Thanks to cutting edge technologies the world has become a global village. However, globalization made it easier to break the laws. Unfortunately, it is not an easy task to deal with such cases. Importantly, companies in different parts of the world are trying to come up with the best solution. For example, an Austrian-based gin …

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Federal Agencies and Blockchain technology

How Various Agencies Benefited From Blockchain

It is hard to imagine the modern world without various technologies, and one of them now is blockchain. This technology has the potential to cope with various tasks. For example, the U.S. Food and Drug Administration (FDA), the Department of Health and Human Services (HHS), and the Department of Treasury all use blockchain. Notably, officials …

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Europe Adds Penalties, Russia's Energy Exports Scrutinized

State-Owned Bank, S7 Airlines, and Blockchain-Based System

Sberbank is the largest state-owned bank in the Russian Federation. This fact underlines the importance of this bank. Interestingly, Sberbank is working with a famous Russian airline company to introduce a blockchain-based ticket sale system.  It is worth mentioning that, Sberbank is collaborating with S7 Airlines regarding a new ticket sale platform. This platform will …

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Rugby league and blockchain

Top-Tier Rugby League and Blockchain-Based Application

The National Rugby League which is Australia’s top-tier rugby league made a step forward thanks to the blockchain-based application. Importantly, the National Rugby League in collaboration with IP Australia came up with a great idea regarding the fake products. It is no secret that it takes time and effort to deal with such products. Due …

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National Rugby League

National Rugby League, IP Australia, and Blockchain

There is no lack of fake products in the world. Moreover, it is quite hard to investigate such cases. As a result, companies are losing a lot of money every year. Australia’s top-tier rugby league in cooperation with IP Australia decided to take measures against fake products. The National Rugby League along with IP Australia …

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How might the forex market utilize blockchain technology?

How might the forex market utilize blockchain technology?

Until now, blockchain technology has mainly had associations with cryptocurrencies, and especially bitcoin. But the process, which involves a widely distributed ledger of unique transactions, all in a link together so that each “block” of data is part of a larger “chain”, can theoretically have applications for any kind of financial exchange. In terms of …

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Waves Enterprises and Asia

Philippines and a Blockchain-Enabled Mobile Application

Two days ago, the Philippine Bureau of the Treasury in collaboration with the UnionBank as well as the Philippine Digital Asset Exchange launched a blockchain-enabled mobile application. The purpose of this application is to distribute government-issued treasury bonds. It is worth mentioning that, millions of people in the country do not possess a bank account. …

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Blockchain and property ownership

Three Telecom Giants, Blockchain, and Roaming Settlement

Three world-famous companies Deutsche Telekom, Telefonica as well as Vodafone finalized a trial blockchain solution regarding the settlement of roaming discount agreements.  Interestingly, a blockchain startup Clear developed this blockchain solution. Importantly, the solution is expected to reduce capital costs for the companies, as well as support faster revenue recognition. It will be easier to …

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Blockchain technology and famous carmaker

Daimler AG, Ocean Protocol, and Blockchain Technology

Mercedes-Benz is one of the most famous carmakers in the world. In the modern world, it is hard to imagine a car without various systems. Ocean Protocol represents a decentralized data exchange protocol focused on data collection, sharing, and monetization. Recently, Ocean Protocol announced a pilot project in partnership with the parent company of Mercedes-Benz. …

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Exploring Blockchain for Remote Voting in India

Indian Farmer Producer Organization and Blockchain

Agriculture is very important for the Indian economy. The world’s second-most populous country has the potential to modernize this sector thanks to new technologies. Hopefully, India’s one of the largest farm producer organizations decided to use blockchain to make life easier for farmers. Sahyadri Farmers Producer Co. is integrating into its business process and this …

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State-backed digital currency

Lithuania and the first Central Bank-Produced Digital Coin

The sharp decline in the use of cash, as well as the prospect of billions of Facebook users adapting its digital currency Libra, has led central banks to examine, what they can do to defend their positions. One of the options is to issue their own forms of digital currency. Interestingly, one country situated along …

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Blockchain and new opportunities

Blockchain Startup Developed a Unique Feature

Cryptocurrencies such as Bitcoin, Ethereum, and others offer a number of advantages compared with fiat currencies. However, there is a serious problem regarding the loss of cryptocurrency due to human error. Interestingly, one blockchain startup decided to minimize such errors. Blockchain startup Kirobo developed a technology to prevent the loss of cryptocurrency as a result …

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blockchain, Crypto industry news on July 21

Blockchain Startup Kirobo and Retrievable Transfer feature

Blockchain startup from Israel developed made an important announcement on Tuesday. According to the press release, Kirobo developed a technology to prevent the loss of cryptocurrency caused by human error. It is worth mentioning that, loss of funds can happen when a sender includes an error in the long string of alphanumeric characters that make …

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