Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board

Photo: Debbie Ding / Flickr
Amazon is making its entry into the blockchain space, via a new tool available through its AWS (Amazon Web Service) to "create and manage scalable blockchain networks" via open-blockchain networks like Ethereum.   Amazon 's cloud computing arm, Amazon Web Services (AWS), launched its Managed Blockchain service for wider use among enterprise cl...
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Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies. The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed "great poten...
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51 Hits

Microsoft Partners With JP Morgan Chase To Improve Quorum’s Blockchain Technology

Microsoft has recently signed a new partnership with JP Morgan Chan in order to enhance the blockchain platform Quorum. This blockchain network has been developed by JP Morgan in order to perform transactions among different customers. The information was recently released by Microsoft in a statement . Microsoft and JP Morgan Chase Work Together Ba...
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67 Hits

Blockchain Technology Pros & Cons

We constantly read about blockchain technology either as a savior, or as a curse. There are a wealth of pros and cons to consider when it comes to the blockchain , as with any new technologies. This isn't a bad thing. It's beneficial to highlight drawbacks to that innovation can take over. Yes, blockchain does boast some bad factors, thankfully tho...
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48 Hits

Ethereum Could Become A New Standard As Amazon Gets Into Blockchain

Ethereum's blockchain could soon become a standard as Amazon Web Service (AWS) gets into blockchain. Amazon will be releasing a new tool that enables users to create and manage scalable blockchain networks via public-blockchains, like Ethereum , and private and permissioned blockchains, like Hyperledger Fabric . You can now create & manage scal...
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55 Hits

Samsung is developing its own Ethereum based blockchain

According to rumors, electronics giant, Samsung is considering developing its own Blockchain, accompanied by its own token. The new token will be on the Ethereum blockchain and later converted into its own blockchain, while the new blockchain could possibly be a fork of Ethereum. CoinDesk Korea first reported that Samsung plans to launch its own bl...
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50 Hits

Rumor: Blockchain ETF of £1 Billion is Now Trading on the London Stock Exchange

The Invesco Elwood Global Blockchain ETF, which is chasing some £1 billion in assets, is currently trading on the London Stock Exchange. Could this be a sign that a blockchain ETF is soon coming to the United States? The Invesco Elwood Global Blockchain ETF has just started trading on the London Stock Exchange. The exchange traded fund will invest ...
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141 Hits

Omise partners with McDonald’s Thailand to provide seamless payment experience for online and mobile orders

(from L-R) Ezra Don Harinsut, COO and Co-founder of Omise, Jun Hasegawa, CEO and Founder of Omise, Hester Chew, Chairman of Executive Committee and Chief Executive of McThai Co., Ltd., June Seah, Chief Business Development Officer of Omise and Sorasit Booncharoensukpisarn, Associate Director, Corporate Sponsorship and Alliance of McThai Co., Ltd.
Online payment technology service provider Omise announced today that it has been chosen by McDonald's Thailand to be its exclusive payments gateway for its website, www.mcdonalds.co.th and the McDelivery Thailand mobile app . With consumers growing embrace of online and especially mobile technologies, purchases through digital channels have rapidl...
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BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe's startups in order to help build an "inclusive" ecosystem "r...
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95 Hits

U.S. Private Investment Manager Invesco Launches Blockchain ETF on the London Stock Exchange

Invesco Ltd., a U.S.-based independent investment firm is launching a blockchain exchange-traded fund (ETF), reported the Financial Times on March 9. The ETF is targeting firms that will likely generate income from using blockchain, the technology that underpins digital currencies such as Bitcoin and Ethereum. The announcement of the Invesco Elwood...
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108 Hits

PRESIDENT TRUMP APPOINTS BITCOIN PROPONENT AS WHITE HOUSE CHIEF OF STAFF

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology. MULVANEY: NEW ACTING CHIEF OF STAFF Mick Mulvaney, who's currently the director of the US Office of Management and Bu...
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126 Hits

PayPal Launches Blockchain-Based Innovation Reward System for Employees

  Major global online payments system PayPal has launched a blockchain-based reward system for its employees. Financial news channel Cheddar reported on the platform launch Thursday, Dec. 6, citing PayPal's director of innovation Michael Todasco. According to Cheddar, the program was prepared by PayPal's innovation team, which is based in San ...
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153 Hits

Facebook Recruiting Blockchain Experts, Looking to Expand Team

  Facebook has recently opened several new blockchain positions on Facebook Careers . The social media titan is looking to hire a marketing specialist, three blockchain engineers, and a blockchain data scientist. According to the information in the job description, facebook is looking to expand its recently-launched blockchain team: "At Facebo...
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157 Hits

IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates ( UAE ) — is reportedly among the world's leading energy and petrochemical groups, ...
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142 Hits

Amazon Has Launched a New Service for Building Blockchains

  Tech giant Amazon is launching a blockchain service to help clients develop blockchain networks without incurring the costs of creating their own platform. Announced Wednesday at Amazon's re:Invent conference, the Amazon Managed Blockchain platform "is a fully managed service that makes it easy to create and manage scalable blockchain networ...
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145 Hits

How Blockchain Needs Regulation to Mature

Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, re...
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212 Hits

IBM Patents Blockchain Based System To Save Players From Dangers Of Augmented Reality Games

  Have you ever walked into a wall while playing a video game on your phone? Or have you ever found one of your legs in a gutter while trying to shoot zombies in a game? Well, if you are a hardcore gamer, then chances are, you have. Good news for all the gamers, a new system may soon be in the works, that will protect gamers from entering phys...
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171 Hits

Introducing SteemPress beta, a wordpress plugin for steem

  If you've been following @fredrikaa and I, you've probably seen that we are working on a wordpress plugin for steem. Well, it's time for me to show you the code and share some more details. The need for a wordpress plugin First of all, why do we need this? Steemit.com is already providing a site for bloggers and adoption is growing fast. How...
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189 Hits

Visa joins hands with IBM ahead of Visa B2B Connect launch

Visa has announced that it will join hands with IBM ahead of the launch of its new payments program, B2B connect, according to a press release . Visa B2B Connect focuses on providing the financial institutions with fast and secure cross-border payments. The platform is based on a private blockchain architecture which is run by Visa Inc. The partner...
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201 Hits

World Bank President Now Believes That The Blockchain Has “Huge Potential”

The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has "huge potential" and that the bank should keep pace with innovative technologies. Kim's remarks came at the international monetary fund (IMF) and the world bank's annual meeting in Bali, Indonesia. Kim spoke of the importance of addressing pover...
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210 Hits