Austrian gin makers to use blockchain to guarantee bottles' rarity

The world of fine spirits continues to apply distributed ledger technology.

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OPEC to Discuss Blockchain Technology at Upcoming Virtual Workshop

Coinspeaker OPEC to Discuss Blockchain Technology at Upcoming Virtual WorkshopThe plausible move by OPEC to consider the integration of blockchain to bolster its supply chain is a use case of the technology with enough precedents.

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Korean Tourist Hotspot Mandates Use of COVID-19 Blockchain App

South Korean tourist island tries to stay open and safe with blockchain technology.

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US Agriculture Board Adopts Blockchain Technology for Supply Chain

The Department of Agriculture in the US has proposed leveraging blockchain technology for use in tracking organic products throughout their supply chain, according to a release. Organic Products Tracked On Chain The US Department of Agriculture (USDA) said it expects to include blockchain technology on its rules adhering to organic products.

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Beijing: 140 Government Services Applications Are Using Blockchain

The Beijing government has released its first blockchain application blueprint for government services, claiming 140 applications already use the technology.

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Currency.com Obtains DLT License From Gibraltar Financial Watchdog for Tokenized Exchange

Currency. com, a Belarus based crypto firm, has obtained a distributed ledger technology license granted by the Gibraltar Financial Services Commission, according to an announcement on July 6. This license would allow the platform to use blockchain for either storing or transmitting value to others in provision with the dealer.

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Courts in China Are Adopting Blockchain-Based Electronic Seals to Protect Property

China has been aggressively promoting and incorporating blockchain in various private and government sectors. Now, the judiciary system is utilizing blockchain technology where Chinese courts are going to use blockchain-based e-sealing services to protect properties from being damaged.

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Afghan Government to Use Blockchain in Fighting Fake Drugs, Here’s How

Blockchain startup Fantom has partnered with the Afghanistan Ministry of Health and major pharmaceuticals in the country to leverage distributed ledger technology (DLT) in the fight against counterfeit medical products.

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American Bankers Association (ABA) Rails Against Fed-Run Digital Dollar

The American Bankers Association (ABA) has issued a statement railing against the use of a digital dollar, a distributed ledger technology (DLT)-based payments system run by the U. S. Federal Reserve.

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China Highlights Blockchain in Pandemic Preparedness Strategy

China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics.

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Report: Power Ledger (POW) P2P Energy Trading Solution Has Real Use Case 

Power Ledger (POWR), an Australian blockchain-powered energy trading firm founded in 2016, has conducted a solar energy trading trial in collaboration with the Australian government and found out that distributed ledger technology (DLT) based P2P energy trading helps consumers slash costs, according to reports on June 22, 2020.

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How to Avoid Crypto Scams

Whenever a new world-changing technology is released unto the masses, inspiring, industrious individuals inevitably start thinking of positive use cases.Continue Reading The post How to Avoid Crypto Scams appeared first on CoinMarketCap Blog.

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How Central Bank Digital Currencies Could Inadvertently Destroy the Banking System

The rise of digital currencies has shone a bright light on the future of contactless payments, and central banks seem to be catching on the idea. Central Banks, in this case, represent governments that have realized the vigor of financial technology and moved to prevent a crisis as more people migrate from the use of […]

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‘ACE’ move to use blockchain technology for a new education initiative

The American Council on Education (ACE) are funding the development of a new distributed... The post ‘ACE’ move to use blockchain technology for a new education initiative appeared first on Coin Journal.

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Unilever Poised to Reduce Deforestation and Climate Change with DLT

Unilever, a British-Dutch multinational consumer goods company with a presence in over 190 nations across the globe, has announced plans to use distributed ledger technology (DLT) and other innovative techs to tackle the issue of deforestation, and climate change.

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Banco Rendimento first bank to use Ripple’s blockchain payments in the cloud

Ripple, a provider of enterprise blockchain solutions for payments, today announced Banco Rendimento has launched with RippleNet Cloud. As the first bank to use Ripple technology entirely in the cloud, Banco Rendimento joins nearly two dozen financial institutions already running on RippleNet Cloud.

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Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market

Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.

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Bitfury and Kaspersky Have Reportedly Partnered to Build Russia’s Next Public Voting System

Political and public consensus voting has a huge potential use case for blockchain technology, ever since the latter’s rise in popularity. Several governments around the world have tested or are testing voting via blockchain systems, with Russia the latest to join the fold.

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Amazon Bags Patent to Use Blockchain Technology for Enhanced Supply Chain Transparency

E-commerce juggernaut Amazon has secured a patent that involves using distributed ledger technology (DLT) to track delivery packages. This, according to an article by Nasdaq, June 5, 2020. Amazon Integrates Blockchain Into Its Operations In a bid to leverage the benefits of emerging tech, U.

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Chinese Internet Giant Arm, Tencent Cloud, Looks to Form A 100-Member Blockchain Alliance

Tencent’s cloud computing arm venture is bringing together a 100-member blockchain alliance to further blockchain implementation and find new real-world use cases of the decentralized technology. The news was first published on June 4th, revealing that the 100-member blockchain association would comprise of in­dus­try as­so­ci­a­tions, en­ter­prises, in­dus­try me­dia, in­vest­ment or­gan­i­za­tions, think tanks, and ter­tiary in­sti­tu­tions. […]

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China’s new Hainan trade port to encourage the use of blockchain to standardise trade

Hong Kong’s new competitor to make clever use of blockchain technology Chinese authorities have... The post China’s new Hainan trade port to encourage the use of blockchain to standardise trade appeared first on Coin Journal.

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Blockchain Technology Is Ripe to Powering Global Healthcare, Harvard Study Notes

Blockchain technology is infamous for being touted as a one-stop solution for all advancements and critical issues in the world. However, its use in the medical system is well-studied and worked upon by academics and researchers alike, meaning an area where the blockchain is all substance and not hype.

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aelf (ELF) Launch Cross-Chain Transfer Protocol

With the rise in the use of blockchain-based products and services, the enterprise demand for reliable performance, versatility, and blockchain interoperability solutions has increased as well. One of the most prominent bottlenecks that are hindering the mainstream adoption of distributed ledger technology (DLT) solutions is their interoperability.

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COVID-19 Has Uncovered The Need for Verification by Blockchain In A Social Distancing World

Blockchain technology has proven to be a game-changer, even though cryptocurrencies which brought it into the mainstream is still struggling on the regulatory front. While cryptocurrencies were believed to liberate the society from a centralized financial system, blockchain has found various use cases well beyond the financial ecosystem.

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The Blockchain Around Us: Technology in Use

Coinspeaker
The Blockchain Around Us: Technology in Use

CyberVein is a blockchain and big-data technology provider based in China.

The Blockchain Around Us: Technology in Use

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CCP Member: China Should Promote the Use of Blockchain in Medical Supervision

China’s response to the ongoing coronavirus pandemic remains mixed. Some laud the early lockdown that helped in curbing spread, while most countries criticize the underreporting of cases. In such scenarios, blockchain technology can help, notes a Chinese official.

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New Optical Chip Pulverizes Internet Speed Records Globally

Many people use the internet on a daily basis, yet the overall connection can remain rather slow. Newly discovered technology may see that change for the better, assuming ISPs will allow for that to happen.

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Blockchain Company and Indian Government Partner to Improve Farmers’ Visibility

Agri10x, an agricultural blockchain-based startup, has inked a partnership deal with the Indian government to help local farmers gain seamless interaction with the global market through the use of blockchain technology.

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Altcoin Explorer: ICON, the Network of Blockchain Networks

Since the idea of blockchain emerged as a result of the increasing popularity of cryptocurrency projects, several industry players have tried to deploy the technology in different use cases. The decade that has followed has seen blockchain and distributed ledger technology (DLT) being applied to multiple sectors of the global business process.

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Apple’s and Google’s Coronavirus app Will not Allow GPS Location Tracking

During the coronavirus crisis, there have been many debates regarding the use of contact tracing apps. Apple and Google are now taking measures to protect user information for any of these apps being built on their technology.

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The Kuailian Ecosystem, Bringing Blockchain Technology to the World

10 years have passed since the birth of Bitcoin and the first use of Blockchain, a technology that has not stopped evolving, and it is no wonder. Blockchain has opened a huge world of opportunities for both large companies and individual users, not only for the development of new applications or improvements to computer systemsRead MoreRead More.

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Block.one Granted Patent To Incentivize Positive Feedback On Social Media Networks

The company behind EOS blockchain network, Block. one, has been granted a patent which will allow it to use blockchain technology to encourage the use of positive feedback within the social media networks.

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Switzerland: CMTA Introduces New Standards for Digital Assets Custody and Management 

Switzerland’s Capital Markets and Technology Association (CMTA), a not-for-profit and non-governmental association focused on formulating standards for the use of blockchain technology in capital markets, has issued fresh open industry standards for digital assets custody and management.

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Blockchain Technology: Government Use Cases

A lot has been said about the possibilities of blockchain technology helping governments and people, but are there any realContinue Reading The post Blockchain Technology: Government Use Cases appeared first on CoinMarketCap Blog.

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Cardano (ADA) is looking to challenge subscription industry, launches African initiative

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region.

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Google Wants to Design Computer Chips With Artificial Intelligence

There are many possible use cases for artificial intelligence. Google is now exploring this technology as a way to design computer chips. Currently, the design of computer chips is still done by human engineers.

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Automobile Companies Leverage Blockchain for Optimized Supply Management

The supply chain industry is at the forefront of the blockchain revolution, utilizing the superior database management of the technology to streamline back-end processes. Tesla and BMW are the latest to join the movement, as the two companies use blockchain solutions to cut costs and improve the speed of shipments, per Forbes, April 15, 2020.

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Japan: University Professors Use Blockchain to Create Digital Court Mechanism 

Hitoshi Matsushima, an Economics Professor from the University of Tokyo, and Shunya Noda, a Professor at the University of British Columbia’s Vancouver School of Economics have collaborated to develop a digital court by employing blockchain technology.

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US Govt Watchdog GAO Job Listing Reveals Blockchain Expert Wanted for DLT Prototypes

The recent job post ads by the United States Government Accountability Office (GAO) Innovation Lab for blockchain technology experts on development of “use case prototypes” last month reveals the watchdog body is quietly pushing for more blockchain experts in the public sector.

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More Blockchain Efforts Launch to Fight the Coronavirus

Several blockchain ventures are launching in quick succession. The WHO and various European governments now want to use this technology to combat the coronavirus crisis. It is evident that blockchain technology can unlock many potential use cases.

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China’s Second-Largest Courier Service to Use Blockchain to Track Movement of Medicines

China’s second-largest courier services provider – SF Express – is contemplating the use of blockchain technology for the movement of critical supplies during the ongoing COVID-19 pandemic. This, according to a report by Global Times, March 30, 2020.

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Chinese courier service intends to use blockchain in an epidemic

One of the largest Chinese delivery services SF Express, which ranks second in terms of the number of parcels delivered, is considering the use of blockchain technology to provide the population with everything necessary in the context of the Covid-19 pandemic.

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Brazil Utilizes Surveillance Technology to Fight the Coronavirus

The spread of the coronavirus is amplifying as more time progresses. That is very problematic, and it may require the use of some very controversial technologies in certain countries. There doesn’t appear to be a countermeasure to the coronavirus crisis as of yet.

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XRP is a ‘Decentralized, Open-Source Digital Asset’, Ripple SVP Marcus Treacher Rebukes Critics

Ripple has been criticized for being centralized for years now. In fact, many critics have gone as far as calling XRP a fake cryptocurrency because even though XRP does use the blockchain technology, all existing coins were pre-mined at the beginning.

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World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub

Big names like IBM, Oracle and the World Health Organization (WHO) will use blockchain technology to track data relating to the coronavirus pandemic.

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Waves Claims 70x Increase in Smart Contract Speed Amid Enterprise Upgrades

The upgrade will allow entities across platforms that use Waves’ technology to copy data across multiple blockchains

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Supply chains only need to use blockchain technology for data management

The first question supply chain management companies or teams considering using blockchain technology should ask is: ‘Should I use a database instead’? The frank answer is: Yes, but only if you are not sharing valuable or vulnerable information.

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Новый альянс развернет DeFi-приложения на блокчейне Celo как альтернативу проекту Libra

Полсотни компаний, включая участников «Ассоциации Libra» Coinbase Ventures, Andreessen Horowitz и Anchorage, займутся созданием мобильных финансовых приложений поверх блокчейна Celo. The Alliance for Prosperity is a mission-aligned network of organizations working towards a more inclusive global financial system and fostering social impact and financial inclusion through the use of blockchain technology. #CeloAlliance Find out more: […]

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Celo blockchain platform launches 50+ member decentralized, autonomous collective

The Celo Foundation, a nonprofit supporting the development of the Celo open blockchain platform, today announced the launch of the Alliance for Prosperity: a mission-aligned network of organizations fostering social impact and financial inclusion through the use of blockchain technology.

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What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology.

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