Enterprise blockchain company Nuco announced Aion has raised an initial $22 million USD to build the first interoperable blockchain network. The company also shared that Moog Inc., a Fortune 1000 company specializing in building parts for the aerospace and defense industries, will integrate Aion. Moog initially turned to Nuco to develop a native blockchain platform…
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Dubai's government is the first one in the world to conduct all transactions through blockchain. The Dubai Land Department has gone completely "cashless" as part of the initiative "Dubai Blockchain Strategy" launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation…
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Russian Miner Coin raised $43 million through an ICO to create a “next-gen ecosystem for miners and investors,” challenging China in this field, reported East-West Digital News. Although the company had previously set a target of $100 million, the amount currently raised is a new record high for the Eastern European ICO market. According to…
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Seven leading banks are teaming up with R3 and Finastra to create a blockchain-based syndicated loan market, LenderComm. This new disruption in the lending market is yet another blockchain application that is going to be used to ease the loan market and serve as a platform for efficiency and up-to-date information. This new project will…
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Just as blockchain is currently disrupting numerous industries, it is time for airline companies to be the next in line. Air France KLM is one of the first aircrafts to be employing blockchain technology in order to keep its top-notch position among customers. The whole maintenance of an aircraft company is usually complicated and blockchain…
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Singapore is now one of the leading blockchain innovators, with MAS and ABS announcing three new blockchain payment prototypes, Maybank Singapore is helping migrants get paid through the technology of blockchain. It may not be a well known fact, but migrants in Singapore do not always have access to banks, financial services and their money.…
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Often taunted as one of the most "stern" countries in the world, Russia is now entering the cryptocurrency boom by introducing educational system that will be all about digital currencies. In September this year, the Finance Minister announced that Russia is now legitimizing cryptocurrencies, as reported by AtoZ Forex. Naturally, the first step to integrating…
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The Pentagon is currently facing a logistics problem and the total value of the inventory that it manages totals around $100 billion. The Defense Department has to track every supplier, every part and type of inventory it operates and the sole scale of the amount of inventory it has to deal with creates a logistics…
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After the price fall of Bitcoin and other cryptocurrencies recently, and after the comment from Jamie Dimon, the CEO of JP Morgan Chase that bitcoin may be a "fraud" and that he will "fire anyone at the company who trades it", the CEO of Goldman Sachs may be feeling different about what bitcoin is and…
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Business Insider reported that Oracle introduced its Blockchain Cloud Service on October 2nd, as the company is making steps to outcompete giants like Microsoft and IBM. Obviously, the new cloud service will be used for sharing data in a more secure way. While the service will be made available to users later this year, Oracle was…
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