Technology — Page 87

Telegram Open Network (TON), instant messaging service Telegram’s blockchain project, appears to be inching closer to its completion.

A number of Finnish companies are teaming up to develop a new blockchain-based platform that will digitalize the share ledger, issuance and trading of non-listed company shares.

The Saudi Arabia Monetary Authority (SAMA) is going to launch its own cryptocurrency in 2019, Mohsen Al Zahrani, Head of Innovation at the SAMA, said recently.

Singaporean investment company Temasek is creating new groups to look into the opportunities presented by advanced technologies such as artificial intelligence (AI) and blockchain, Bloomberg reported.

The University of Tokyo has launched a blockchain-focused course after it received a donation of 90,000,000 yen (nearly $800,000) from a number of companies, CoinTelegraph reported.

The Infocomm Media Development Authority (IMDA), a statutory board of the Singapore government, in putting up seed funding to foster blockchain ecosystem in the country, The Business Times reported.

Leading global retailer Carrefour has launched a blockchain-based food traceability system in Spain for one of its food products – ‘Quality and Origin’ chicken.

Spanish banking giant BBVA has announced that it is one of the five banks invited to join the launch of the 'International Association for Trusted Blockchain Applications' (IATBA), a European platform to promote the u…

Siemens has announced that it has joined the Energy Web Foundation (EWF), a non-profit organization that aims to accelerate the commercial deployment of blockchain technology in the energy sector.

Blockchain startup æternity has announced that it has joined the Initiative For Cryptocurrencies & Contracts (IC3).

North Korea is going to hold its first blockchain conference in April 2019, Ethereum World News reported.

SWIFT India, in collaboration with fintech company MonetaGo, is going to launch a blockchain-based pilot program to facilitate fraud prevention for banks in a secure, reliable environment.

The Government of Catalonia is reportedly considering introducing blockchain technology in the community’s e-voting system.

The Haas School of Business at the University of California, Berkeley, is going to launch a blockchain research programme, Bitcoin Exchange Guide reported.

IBM, in collaboration with Columbia University, has announced two new accelerator programs for blockchain startups to drive the next generation of blockchain innovation.

Korea Electric Power Corporation (KEPCO) has announced that it has started a project that aims to build a future microgrid using blockchain technology.

South Korea’s Ministry of the Public Administration and Security has announced its plans to establish an “intelligent government roadmap” with central and local government bodies to operate a “smarter” e-government by…

Brazilian banking giant Banco Bradesco has signed a Memorandum of Understanding (MOU) with Japanese bank MUFG to launch a new blockchain-based cross-border payment service.

Blockchain or distributed ledger technology (DLT), which initially took the global financial sector by storm, is being tested and implemented across almost all industries.

Hong Kong-based Hang Seng Bank has announced that it has successfully completed a pilot trade transaction for two corporate customers using the recently launched eTradeConnect platform.

Bitcoin is an extremely clever idea, but not every clever idea is a good idea, says ECB’s Benoît Cœuré Bitcoin is the evil spawn of the financial crisis, a member of the European Central Bank’s (ECB) executive board s…

Tech titan Microsoft has announced the initial release of the Azure Blockchain Development Kit, built on the firm’s serverless technologies.

Indian IT company NIIT Technologies has announced its partnership with enterprise software firm R3 to develop blockchain-based solutions for Banking and Financial Services, Insurance and Travel and Transportation.

Malaysian banking giant CIMB is collaborating with blockchain startup Ripple to enable instant cross-border payments across CIMB’s markets.

Global food company Smithfield Foods has joined a new blockchain consortium focused on the food industry.

Spanish telecom giant Telefónica is collaborating with tech giant IBM to implement blockchain technology to streamline core business processes.

Arket, the in-house brand of clothing retail giant H&M, is testing blockchain technology for product traceability, The Next Web reported.

South Korean internet giant Kakao has entered into a partnership with stablecoin project Terra to apply its Klaytn platform to the latter’s blockchain-based payment system, The Korea Times reported.

The Monetary Authority of Singapore and the Bank of Canada have started work on linking their respective blockchain platforms to explore the possibility of instant, 24/7 settlement of cross-border payments transaction…

SIX Swiss exchange expects its planned blockchain-based platform to completely replace its traditional trading platform within a decade, Reuters reported.

The Thai Democrat Party has used blockchain technology to elect its new party leader in a recently held primary election.

The Chinese city of Loudi, located in central Hunan province, has rolled out a blockchain-based platform for recording real estate data, CoinTelegraph reported referring to a report from People’s Daily.

VAKT Global, a company formed by a consortium of commodity traders, energy majors and banks, is planning to launch a blockchain-based post-trade processing platform for the energy industry by the end of 2018, CoinDesk…

The Commonwealth Scientific and Industrial Research Organization’s (CSIRO) Data61 division and Commonwealth Bank of Australia (CBA) have announced that they have successfully trialed a new type of blockchain-powered s…

Nine leading ocean carriers and terminal operators are teaming up to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology (DLT).

Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reported.

Tokio Marine & Nichido Fire Insurance and NTT DATA have announced the successful completion of a proof-of-concept (PoC) for applying blockchain technology to marine cargo insurance claims.

Accenture has announced that it has deployed new software license management application which was developed using Digital Asset’s platform.

Auditing giant KPMG is collaborating with the Blockchain in Transport Alliance (BiTA) to develop blockchain standards for the transportation industry.

The Guangzhou City Blockchain Industry Association, the Hong Kong Blockchain Industry Association, and the Macau University Innovation Center have established a new blockchain alliance in order to foster synergy and i…