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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Venture Capital Firms Rush into Blockchain, Investing Way More Than in 2017: Diar Study

 Now that ICOs are becoming less popular, according to some experts, venture capitalists keep investing in Blockchain-oriented companies — funding them directly, a new Diar report claims. Boost of 'business angels' investment A recent report by Diar says that almost $4 bln of VC investment came to Blockchain startups during Q1-Q3 of 2018. Appa...
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Walmart to use blockchain to track their leafy greens

  Walmart uses blockchain technology to improve the shopping experience for their customers via blockchain. Walmart has implemented a blockchain system, designed by IBM, to ensure that their lettuce/ other leafy greens, is free of any bacteria when it reaches the store floor. The way they are accomplishing this is by telling their suppliers of...
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U.S. Lawmaker Introduces 3 Bills Supporting Blockchain Technology to Congress

  United States Congressman Tom Emmer , who just recently got named to co-chair the Congressional Blockchain Caucus, announced on Friday that he will be introducing three pro-blockchain bills to Congress with the aim of aim of supporting cryptocurrency and blockchain technology adoption in the U.S. The three bills are titled "Resolution Suppor...
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Five of the biggest venture capital firms investing in blockchain

Venture capital firms aren't well known for their business with blockchain, but this is slowly changing with more and more firms looking into investing in blockchain-related funds. In this, we explore five of the notable VC firms who are diving into the world of cryptocurrency. Venture Capital (VC) firms have not been as quick as other organization...
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IBM and Hu-manity.co Join Hands to Manage Blockchain-based Property Rights for Personal Data

Hu-manity aims at establishing transparent data-sharing between individuals and corporations. Hu-manity's global consent ledger gives users absolute control over individual data. With the growing number of internet users across the globe, data transparency remains as one of the biggest issues today! Online businesses and websites usually have a cen...
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Microsoft's Two New Patents Fuse Blockchain Tech With Trusted Computing Techniques

Two new patents from Microsoft reveal that the tech giant is looking to bolster its blockchain solutions with the use of trusted execution environments (TEEs), according to two filings published by the U.S. Patent and Trademark Office (USPTO) August 9. Both applications outline how the use of TEEs could further improve security within a consortium ...
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Volkswagen Group Confirm They Will Put Blockchains On The Road

Volkswagen are becoming a popular name in the blockchain and crypto community. It is no secret that the car manufacturing giants ahed partnered with IOTA , and are researching blockchain and how it can be utilised to benefit both vehicles and the roads in general. Volkswagen (VW) confirmed earlier in the year that they are now working directly with...
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World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech

Commonwealth Bank of Australia (CBA), the largest bank in the country, has been mandated by the World Bank to arrange a bond issue exclusively on a blockchain , according to a press release Aug. 10. CBA will reportedly arrange the first bond globally to be "created, allocated, transferred, and managed using blockchain technology." The Blockchain Of...
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94 Companies Join IBM and Maersk's Blockchain Supply Chain

  IBM and shipping giant Maersk have recruited a sturdy crew for their global trade blockchain platform. Revealed Wednesday, the companies have already signed up 94 firms for the platform since it was spun off from Maersk in January. They have also finally given it a name: TradeLens. Leveraging Maersk's leviathan-like scale, TradeLens has attr...
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Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets

  The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6. The private Zurich bank has decided to accept crypto assets from payments received for services rendered, as well as those earned from crypto mining, as a response to new market d...
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South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem

  Public South Korean biotech enterprise Macrogen, the country's leading gene sequencing service provider, is developing a genomic big data blockchain -based platform together with local tech firm Bigster, according to an August 6 press release . The new partnership will leverage blockchain tech to create a medical big data ecosystem that woul...
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Japan’s Tech Giant Sony Offers Solutions for Boosting Blockchain Hardware in Two Patents

Japanese electronics giant Sony has filed two patents for boosting blockchain -based ecosystems, according to filings 20180218027 and 20180219686 published by the U.S. Patent and Trademarks Office (USPTO) Aug. 2. Through the patents, Sony intends to improve the design and structure of blockchain hardware by introducing new circuitries to the proces...
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Big Blockchain: The 50 Largest Public Companies Exploring Blockchain

 There's more than one way to gain exposure to blockchain innovation. Beyond buying over-the-counter products or investing directly in blockchain startups some of the largest public companies in the world are already dabbling in the tech. In fact, a closer look at this year's Forbes Global 2000 list of the largest public companies in the world...
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Northern Trust Opens Doors to Cryptocurrency Hedge Funds As Part Of Pervasive Blockchain Expansion

  Financial services giant Northern Trust has significantly expanded its work with blockchain and cryptocurrencies across multiple divisions. In addition to adding a number of new blockchain features for managing its private equity workflow, the company, which has almost $10.7 trillion in assets under custody and administration, has also quiet...
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Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing

  Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the "crypto boom" earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss -based online bank was credited by many with becoming "the first" European online bank to launch Bitcoin (B...
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Argentina to Launch a Blockchain for Public Services

Latin-American governments have, by and large, engaged in a battle against cryptocurrencies since their birth. Argentina has been a relative exception and hub for bitcoin and altcoin development, particularly as locals have seen their potential to overcome exchange controls and high, unstable inflation. Now Argentina will have her own distributed l...
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Alibaba's Ant Financial Shifts to Technology: More Blockchain Coming

Alipay operator Ant Financial, which is currently the most valuable fintech firm in the world, will start to focus on technology solutions rather than finance and payments services, four people familiar with the matter told Reuters. The Alibaba-affiliated business opted for the shift as China increases its regulatory constraint on Ant's financial s...
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Singapore Airlines Launches Blockchain-Based Loyalty Wallet, Co-Developed by Microsoft

  Singapore Airlines (SIA) has launched its own airline loyalty digital wallet that uses blockchain technology, it announced July 24. The software has been co-developed by Microsoft and KPMG Digital Village, according to the press release. The new wallet -- dubbed 'KrisPay' after SIA's 'KrisFlyer' loyalty programme -- converts frequent flyer m...
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Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade

  One of the world's largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26. UK-based CNH Industrial, which owns twelve international brands including Iveco and Case IH, will seek to enhance a range of internal processes as part of "reviewing and optimizing ...
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