Blockchain has undoubtedly managed to "pave its way" to multiple industries. Just recently, IBM announced they will be investing in more than 1,500 jobs in blockchain, fintech and AI. The blockchain industry has exploded. Now, blockchain will be used on the Moon. As reported by IT Business, two organizations, For All Mankind and TODAQ Financial,…
Read moreThe Cagayan Economic Zone Authority (CEZA) took on board 15 offshore companies involved in fintech developments to settle in Luzon, a blockchain hub that is developed by CEZA. The cryptocurrency and fintech wave will contribute approximately $32 million in the area. The chief of CEZA, Raul Lambino, commented, as reported by Coin Journal: "Working with virtual…
Read moreThe retail giant, Walmart, is moving fast with blockchain technology. The company just filed its new patent on a new implementation of blockchain into its retail business. Walmart is being revolutionary today in terms of offering the newest digital solutions to its customers. In those regards, the retail giant just published its new patent from…
Read moreFirmo, the company bringing financial contracts to the blockchain, just announced that it has launched its contract engine and simple domain-specific language. The simplicity of Firmo’s domain specific language opens the door for people without coding skills, to create safe and secure financial contracts on the blockchain. The Firmo Protocol, acting as an interface, provides…
Read moreCommerzbank, supported by SAP, announced that it has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform. This is the first step toward enhancing the supply chain network of corporate clients to offer more efficient access to trade and supply chain finance services. This solution has the potential for…
Read moreLetter of Credit transaction facilitated bulk shipment of soybeans for Cargill HSBC Holdings plc (NYSE:HSBC) and ING Bank just anounced that they have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. The blockchain transaction involved a bulk shipment of soybeans from Argentina, through Geneva’s…
Read moreCryptocurrencies are undeniably changing the way people live and think about money. Now, an upcoming ICO turns our home appliances into cryptocurrency mining machines. According to Coinschedule.com, HomeMine presents a unique opportunity for all to earn on the model of the so called "passive mining" that involves different electrical appliances. HomeMine is actually a device…
Read moreMTS, Russia’s telecommunications operator, Sberbank CIB, Sberbank’s corporate investment business, and National Settlement Depository (NSD), Russia’s central securities depository, announced that for the first time in Russia have placed commercial bonds denominated in rubles and based on blockchain with the full life cycle of a security in the form of a set of smart contracts…
Read moreFintech company Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that the U.S. Patent and Trademark Office granted U.S. Patent No. 9,967,238 (the “‘238 Patent”) directed to blockchain technology that will enhance the processes for proxy voting and repurchase, or repo, agreements. As a key participant and solutions provider in global capital markets technology, Broadridge continues…
Read moreDecentralised streaming platform for gamers and eSports fans, Play2Live, has today announced its plans to develop its own blockchain infrastructure, Level Up Chain. Level Up Chain is the next step in the company creating an end-to-end solution for streamers, gamers and eSports fans. Launching the Level Up Chain Testnet in July 2018, one of the…
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