Tag: blockchain technology

Crypto Wallet Blockchain Bitcoin Wallet- The Widely Accepted Digital Wallet

Blockchain Bitcoin Wallet- The Widely Accepted Digital Wallet

A blockchain wallet is a digital wallet allowing you to manage bitcoin and Ethereum. Blockchain Bitcoin Wallet is backed by a software company established by Peter Smith and Nicolas Cary. Blockchain claims to be the world’s renowned digital wallet for storing Bitcoin and Ethereum. This Crypto Wallet is the base for around 25 million wallets …

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Blockchain CEO of USB Group Sergio Ermotti Endorsed Blockchain Technology

CEO of USB Group Sergio Ermotti Endorsed Blockchain Technology

The CEO of Swiss financial Service giant UBS Group AG considers Blockchain Technology as a definite opportunity for business in a long run. Sergio Ermotti: ‘It’s almost a must’ The USB Group, the financial services giant may not be fond of bitcoin and other cryptocurrencies but the Sergio Ermotti, the CEO suggesting that blockchain is …

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Blockchain Blockchain Technology Is Now Great Equalizer for American Cities

Blockchain Technology Is Now Great Equalizer for American Cities

Blockchain Technology is now turning point for American society by making their major institutions more inclusive. By developing smarter cities and utilizing blockchain as a secure resource, city leaders can provide municipal members with the tools they need for success.   Seemingly, Blockchain technology is providing high range of opportunities for American city service delivery …

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Blockchain University of Texas at Austin to Receive $2 Million Fund from Ripple

University of Texas at Austin to Receive $2 Million Fund from Ripple

Ripple to invest in the University of Texas at Austin, which will the first university to receive fund, over next five years in schools’ blockchain technology research. Ripple to Support Blockchain Research Initiative The Daily Texan post reported that the San-Francisco based DLT startup, Ripple is assured to invest $2 million for next five years …

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Blockchain Kenya’s $20 Billion Informal Economy Backed with Blockchain Tech

Kenya’s $20 Billion Informal Economy Backed with Blockchain Tech

The blockchain tech is now helping to crack a problem that banks of Kenya had failed to resolve till date. However, measuring the creditworthiness of traders in the Kenya’s $20 billion informal economy.  Janeffer Wacheke, a 40-year-old, owns a fresh vegetables stall in Nairobi uses her smartphones to access loans to vegetables directly from Twiga …

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Blockchain Mastercard Has Won a Patent for a Blockchain Travel Bidding System

Mastercard Has Won a Patent for a Blockchain Travel Bidding System

Mastercard, financial service platform, has won a blockchain travel bidding system patent by US Patent and Trademark Office (USPTO) on June 7.  It allows for both travelers and merchants to submit desired itineraries and bidding for each request.   According to the patent awarded to Mastercard aims to modernize the travel industry all across the …

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Blockchain How Blockchain Technology Can Improve Election Transparency?

How Blockchain Technology Can Improve Election Transparency?

Blockchain Technology is rapidly increasing and becoming the fastest growing industry. From Data sharing, Digital IDs, Property transfers to Weapons tracking and Equity trading and more, blockchain technology is behind almost every enterprise. Will Blockchain Help Improve Election Transparency? Election through blockchain technology is kind of mobile voting which utilizes a safe and tested interface. …

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Blockchain Blockchain Adoptions Are Still with Its Own Challenges

Blockchain Adoptions Are Still with Its Own Challenges

A research by Gartner indicated that 293 CIOs of different companies are in the short-term planning of implementing the technology. Many of these are experiencing difficult challenges including the need to overhaul current systems, lack of blockchain skills, regulation, and the fact that new skills are needed. Gartner, which is a research and advisory firm …

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Blockchain Former President of UBS China Karen Chen Became CEO at Higgs Crypto Firm

Former President of UBS China Karen Chen Became CEO at Higgs Crypto Firm

The former president of UBS China Ltd., Karen Chen has joined the cryptocurrency firm named Higgs Blockchain Technology PTE, LTD as Chief Executive Officer. According to the statement, Karen Chen, whose Chinese name is Chen Qing, in December moved to Higgs Block Technology. The Blockchain company founded in August and located at Singapore. However, among …

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Banking/Finance HSBC Deals with World’s First Trade Finance Transaction Using Blockchain Tech

HSBC Deals with World’s First Trade Finance Transaction Using Blockchain Tech

On Monday, May 14, 2018, the HSBC Holdings Plc has performed world’s first trade finance transaction using Blockchain Technology. It said that the indication of technology is feasible for trading finance. Along with ING Bank NV, HSBC have successfully completed the transaction for food and agricultural group Cargill. However, it was based on Blockchain technology …

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Blockchain Singapore to Fasten the Blockchain Payment Patents Process

Singapore to Fasten the Blockchain Payment Patents Process

With the intention to support the growth of Singapore Fintech market rapidly, the IPOS is providing expedited patent application to grant process for Fintech inventions. According to a Office statement, the new Fintech Fast Track initiative to provides expedited patent application to grant process for Fintech inventions. However, the initiative process is expected to grant …

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Blockchain Mastercard to Use Blockchain Tech to Safeguard Identity Data

Mastercard to Use Blockchain Tech to Safeguard Identity Data

Mastercard applied for a system that helps improve system accuracy when recording data on the blockchain, by blocking fake data. The system helps improve verification and avoid possible fabrication of personal identity data.   Mastercard applied for a patent with the U.S. Patent and Trademark Office (USPTO) last Thursday, for a technology to help safeguard …

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Blockchain Samsung Is Now Using Blockchain Technology for Shipments Tracking

Samsung Is Now Using Blockchain Technology for Shipments Tracking

Nowadays the technologies are more into providing quick shipments of phones and chips. Samsung is now using blockchain technology to keep a track of its huge global shipments as well as to reduce its shipping cost by 20 percent. The Samsung Group is the first ever global manufacturers to utilize distributed ledgers in its operations. …

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Blockchain Perth-Based DigitalX Ltd Launches Cryptocurrency Investment Fund

Perth-Based DigitalX Ltd Launches Cryptocurrency Investment Fund

DigitalX is also partnering with media company Multiplier to launch websites for disseminating news and information about cryptocurrencies. It joins other companies such as BitCar and Mint that are already running crypto projects.    DigitalX Ltd, a blockchain technology company based in Perth has launched an investment fund for cryptocurrencies and website that provide news …

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Blockchain US Healthcare Firm Unitedhealth Group Discloses Its Blockchain Strategy

US Healthcare Firm Unitedhealth Group Discloses Its Blockchain Strategy

As Confirmed on April 2, US healthcare organization named UnitedHealth Group is collaborating to utilize blockchain and fetch the accurate records. According to Government, this is the new venture and Conglomerate’s Optum subsidiary will endeavour with various other industry players. It addresses US doctor directories and claims that 50% of data is incorrect. Further, it …

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Blockchain Ford to Use Crypto and Blockchain Tech for Inter-Vehicle Communication

Ford to Use Crypto and Blockchain Tech for Inter-Vehicle Communication

Ford’s blockchain solution will see cards and vehicles communicate with each other and facilitate alleviation of traffic congestion. Other companies into vehicle technology that uses blockchain include Volkswagen and Porsche and BMW.    Ford Global Technologies, LLC has been issued a patent for a vehicle-to-vehicle cooperation system that could spell out the digital future of vehicles …

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Blockchain Vietnam to Arise as One of the Strongest Blockchain Innovation Hubs

Vietnam to Arise as One of the Strongest Blockchain Innovation Hubs

The country, Vietnam boasts of a strong skill base and tech innovations and this may help blockchain startups. The government has plans to train and provide resources for tech startups. The country recorded growth in blockchain projects over the last year.   Vietnam has recorded rapid GDP growth and recorded massive improvements in overall health …

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Information Governments Eye on Blockchain Technology to Build Their Own Cryptocurrency

Governments Eye on Blockchain Technology to Build Their Own Cryptocurrency

Countries have enthused at the prospect of issuing their own blockchain-based digital currencies. The Countries such as Sweden, Venezuela, Russia and many more is leaping into the cryptocurrency craze. The craze of cryptocurrency started when Satoshi Nakamoto created the very first Distributed Ledger System called Blockchain. The main objective of the system is to determine …

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Blockchain China’s Shenzhen Stock Exchange Is Investigating Partnership with Blockchain

China’s Shenzhen Stock Exchange Is Investigating Partnership with Blockchain

SZSE is suspicious that some companies are raising untrue claims of partnering with companies or launching blockchain-related projects, with an intention of driving up share prices. SZSE is investigating another company in relation to blockchain claims.    China‘s Shenzhen Stock Exchange (SZSE) has requested Lifesense to explain an announcement they made on Monday that they …

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News OECD Calls for International Collab on Cryptocurrency and Blockchain Taxation

OECD Calls for International Collab on Cryptocurrency and Blockchain Taxation

OECD statement are part of its larger initiatives to help countries fight tax evasion. It says cryptocurrencies need checking to not undo the progresses made in fighting tax evasion, globally. Organization for Economic Cooperation and Development (OECD) says governments need to do some more work to harness opportunities presented by blockchain technology and cryptocurrencies. Meanwhile …

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Blockchain Walmart Wants to Use Blockchain Technology for Smarter Shipping

Walmart Wants to Use Blockchain Technology for Smarter Shipping

Walmart to use the “smart package” innovation will work with other innovations such as “autonomous vehicles” and drones. It improves on package security and package tracking. Walmart wants to use blockchain to make shipping of packages smarter by way of better tracking. The company details an original package that uses blockchain to record information about …

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Blockchain Porsche is first to integrate blockchain technology in cars

Porsche is first to integrate blockchain technology in cars

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies SUV manufacturer Porsche, which is also a division of Volkswagen became the …

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PRESS RELEASE Transparency Comes to Invoice Financing, Thanks to Invox Finance

Transparency Comes to Invoice Financing, Thanks to Invox Finance

According to the market research reports, the Invoice Financing industry is globally valued at 2.78 Trillion USD. The industry has grown huge in countries like United Kingdom, Australia, and the United States. But in countries like China and Japan, it’s still not performing well. However, that’s all because there’s no transparency in the system. Invox …

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Blockchain Chile Accepts Blockchain Technology for National Energy

Chile Accepts Blockchain Technology for National Energy

The Commission Nacional de Energía de Chile (CNE), the Chilean energy regulatory agency aims to embrace Blockchain technology in the national energy grid. Andrés Romero, the executive secretary of the National Energy Commission of Chile, announced that the regulatory entity would initiate to practice the Blockchain technology from March. It is the country’s first public …

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Blockchain Tech Mahindra to Invest $100 million on AI and Blockchain technology

Tech Mahindra to Invest $100 million on AI and Blockchain technology

Tech Mahindra is the 5th most extensive IT service in India outlines to invest $100 million in setting up the AI and Blockchain excellence unit in Toronto, Canada.  The blockchain is the invisible technology that is changing the world. Consider Blockchain as a piece of fabric beneath saving everything that results- every digital transaction, exchange …

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Blockchain California Bill to Recognize Blockchain Records

California Bill to Recognize Blockchain Records

California joins other states with the same bills or laws including Arizona, Vermont, and Florida. Arizona State has measures recognizing legality of crypto for tax purposes Blockchain records, smart contracts, and digital signatures will soon become legal forms of record. This may happen if a new bill before California State Assembly becomes law. These records …

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PRESS RELEASE FarmaTrust Partners with Mongolian Government to Stop Fake Medicine

FarmaTrust Partners with Mongolian Government to Stop Fake Medicine

FarmaTrust, a UK blockchain startup and global tracking system has officially signed a partnership with the Mongolian government to pilot a one-year project aimed at preventing the creation and distribution of counterfeit medications. The project will include both governmental and non-governmental parties in Mongolia, as wel as Specialized Inspection Agency of Tuv Province of Mongolia …

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Blockchain Digital certification of education degrees will be India’s first blockchain project

Digital certification of education degrees will be India’s first blockchain project

India will issue digital certificates of education degrees in batches commencing from 2019. The project is currently being tried under the aegis of Niti Aayog, which is a government think tank. It will be executed with Indian Institute of Technology, Bombay, and colleges under the Delhi University. Tamper-proof degree certificates would be the Indian government’s …

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Blockchain Singapore Airlines, KrisFlyer to launch blockchain wallet

Singapore Airlines, KrisFlyer to launch blockchain wallet

According to an official press release, the SIA Group’s KrisFlyer frequent-flyer programme is aiming to launch world’s first blockchain based airline loyalty digital wallet. The digital wallet app will involve only merchants and partners and expects to go live in about six months. SIA’s launch of KrisFlyer into digital wallet Following the hype of blockchain …

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Blockchain Blockchain Can Revolutionize the World, Says South Korea Finance Minister

Blockchain Can Revolutionize the World, Says South Korea Finance Minister

Kim Dong-Yeon, the South Korean finance minister has voiced his positive opinions for the blockchain technology and its potentials applications. South Korea’s Finance Minister Kim Dong-yeon spoke positively about the potential for Blockchain while he was on trip to China last Friday. He said that “Blockchain technology can disrupt and revolutionize the world.” Yeon highlights …

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Blockchain Florida and Nebraska legally recognize two blockchain bills

Florida and Nebraska legally recognize two blockchain bills

Florida and Nebraska states have both received bills that could see regularization of use of blockchain ledgers and smart contracts. The bill in Florida was introduced to by James Grant and Jackie Toledo by on January 9. Nebraska Legislature received the bill senator Carol Blood on January 3. The two bills further reflect the desire …

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Blockchain Vermont legislator proposes a bill that attracts blockchain businesses and an e-residency program

Vermont legislator proposes a bill that attracts blockchain businesses and an e-residency program

State Sen. Alison Clarkson has introduced a bill that will allow the creation of limited liability businesses involved in blockchain and cryptocurrencies in Vermont. The new companies will be taxed by the state in any coin they make, and at a low rate of $0.01. The bill also proposes a study that could see the …

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