Active Blockchain Projects in Use? Logistics is Overtaking Finance

Many predicted that finance would be among the first innovators in blockchain. Harvard Business Review concluded that education about blockchain is no longer lacking in finance as it is in industries like manufacturing, predicting we’ll see finance projects finished first. Part of that statement is true. Manufacturing has indeed fallen behind in understanding blockchain, but … Continued

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Brussels Airport Unveils Blockchain App for Tracking Cargo Movement

Brussels Airport has launched an application based on blockchain technology meant to assist in tracking cargo movement from ground handlers to freight forwarders. The application will work in conjunction with BRUcloud, the open data management platform of Brussels Airport that is hosted on the cloud. BRUcloud, which is based on the data technology of Nallian … Continued

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Denver Post Exiles Launch Blockchain-based Newspaper

A group of journalists who left The Denver Post over conflicts with the paper’s owner has joined a blockchain based startup that hopes to operate 1,000 publications this year, according to The New York Times. The former Denver Post staffers will partner with a startup called Civil Media Company, whose sole investor is ConsenSys, a … Continued

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R3 Not Going Bankrupt, in a Very Strong Financial Position: CEO David Rutter

The chief executive of R3 is striking back at a recent report that the enterprise blockchain startup is hemorrhaging cash and is well on its way to bankruptcy. Writing in an official statement on the R3 blog, David E. Rutter said that the firm — which has raised more than $120 million over multiple funding … Continued

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Ripple Donates $2 Million to Texas University’s Blockchain Initiative

One of 17 institutions chosen for Ripple’s $50 million academic pledge, the University of Texas at Austin will receive $2 million from San Francisco-based industry giant Ripple. The McCombs School of Business at UT will receive $2 million from Ripple over the next five years to fund research at the institution’s Blockchain Initiative program, a

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Indian State Kerala to Put Milk and Fish Supply Chains on a Blockchain

The government of Kerala, a state in South India, is turning to blockchain tech to organize the supply chain process of everyday groceries. The new project will specifically look to streamline the supply chain networks – including distribution – of milk, vegetables, and fish in the state using blockchain technology, the Press Trust of India … Continued

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The ‘Central Bank for Central Banks’ Disses Cryptocurrencies in New Report

The Bank for International Settlements (BIS), which serves central banks in their efforts to promote monetary and financial stability, claims permissionless cryptocurrencies are not suited to serve as the basis of a monetary system, although the bank acknowledges there are niche areas where cryptocurrency can provide improved efficiencies. The bank also acknowledges the possibility of … Continued

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Walmart Patents System for Accessing Medical Records Stored on a Blockchain

Big-box retailer Walmart has been awarded a patent for a system that is designed to store a patient’s vital medical records in a blockchain database. The information can then be retrieved at the scene of an emergency when a patient is unresponsive and can’t communicate with first responders. To protect privacy the only medical information

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German Cocktail Bar Chain Announces Blockchain Rewards Program

German cocktail bar Sausalitos which has 4 million yearly visitors, 41 restaurants, and 900 employees establishments throughout Germany is rolling out a loyalty reward program with a blockchain-based cryptocurrency. The ERC20 compliant Sausalitos Coin will be offered through the infrastructure of Sausalitos’ new partner qiibee, a plug and play solution for loyalty rewards on the … Continued

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AdBlock Plus Jumps Aboard the Blockchain to Spot Fake News

The popular ad blocker launched a new product called TrustedNews which tells the user if the news they’re reading are trustworthy or fake. TrustedNews is the new Chrome extension from AdBlock Plus which spots fake news for users as they navigate the web. At the moment, it’s only available for Chrome users, but you can … Continued

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Oxford University Professors to Build the World’s First Decentralized Blockchain-based University

Oxford University

A group of professors at the world-renowned Oxford University are looking to start the world’s first blockchain university, but need the powers of the EU first.

Woolf 

The team of professors believes that blockchain technology and smart contracts can help democratize the traditional structure of higher education. This “blockchain university” called
Woolf” is led by a team of academics at Oxford.

Woolf is led by Joshua Broggi, a professor from the Faculty of Philosophy.

Woolfs website’s “about” page explains:

“Woolf will be a borderless, educational society which ...

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Blockchain Has Benefits for African Markets, Says Alexander Forbes CEO

The chief executive officer of one of Africa’s biggest and diversified financial and insurance company, Alexander Forbes, has told CCN that there are benefits in deploying blockchain technology in corporate operations. The company’s chief executive officer, Andrew Darfoor, told CCN in Harare on Friday that blockchain is an exciting technological platform that the company is … Continued

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Western Union CEO Not Impressed by Ripple Trial, Doesn’t See Bitcoin Replacing Fiat

Western Union, the largest money transfer service in the world, made waves earlier this year when it confirmed that it had partnered with Ripple to conduct a blockchain trial involving the XRP cryptocurrency. However, six months into that test, Western Union CEO Hikmet Ersek said that the firm has yet to see any real cost … Continued

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Firefox Founder’s Blockchain-Based Brave Browser is #12 Top Tech Firm of 2018

On June 12, The Wall Street Journal released its “Top 25 Tech Companies to Watch in 2018” list, featuring innovative startups in the AI, blockchain and cybersecurity sector. The list ranked Brave Software, the blockchain-based browser created by Firefox and JavaScript creator Brendan Eich at twelveth. Brave Browser’s Progress Over the past year, Brave Browser, … Continued

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Walmart Patent Envisions Bitcoin-Powered Electrical Grid

Retail giant Walmart has won a patent for an on-demand electrical grid that would be powered by bitcoin or another cryptocurrency. The system, outlined in a patent awarded by the US Patent and Trademark Office (USPTO) on Thursday, is designed to help organizations better manage the energy usage of individual electrical devices. Walmart first applied … Continued

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Moneyconf 2018: Crypto Wallet CEOs on Why Decentralization Matters

At a panel hosted this week at fintech conference Moneyconf, executives from Ledger, Blockchain.info, and VC firms Mosaic Ventures and FuturePerfect Ventures discussed if and why decentralized systems are truly necessary. Crypto Wallet CEOs Speak at Moneyconf 2018 Moderator Joon Ian Wong referred the panelists to a survey indicating that given the hypothetical choice to … Continued

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Luxembourg and VeChain – More Government Use of Blockchain Suggested

Luxembourg and VeChain

Blockchain technology has shown that it can be beneficial to a multitude of industries, and even governments have been looking into ways to utilize and encourage it.

Luxembourg, a small European country located between Germany, France, and Belgium, has become a part of this new blockchain-positive movement, as a delegation from the Luxembourg Ministry of Economy visited the Shanghai office of VeCahain Foundation on Wednesday.

A delegation from the Luxembourg Ministry of the Economy visited the VeChain Shanghai office to learn more about the VeChainThor Blockchain.https://t.co/8eQJg7tBNX

— VeChain Foundation (@vechainofficial) June 13, ...

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Bank Blockchain Budgets Increased by 67% in 2017

Bank Blockchain Budgets

The use of blockchain technology in the financial industry has seemed to be increasing recently, and proof can be found in a recent report in a recent report by the US-based market intelligence company Greenwich Associates.

Greenwich interviewed over 200 participants in the study over blockchain budgets, team sizes, use case exploration, key challenges and other issues to get its results.

According to the report, companies in the financial services industry spent about $1.7 billion USD on blockchain in 2017, which is an increase of 67%.

The number of companies that created ...

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LG, Government Mint to Launch South Korea’s ‘First Public Blockchain Platform’

LG CNS, the IT subsidiary of electronics giant LG, has been handpicked by South Korea’s minting corporation to establish a blockchain platform for the public sector to provide a number of services including issuing a community token to the masses. As reported by Business Korea, LG CNS won the order from the Korea Minting, Security … Continued

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Tron Founder Justin Sun Acquires BitTorrent after Legal Battle

BitTorrent Inc. has finally been acquired by Justin Sun, the founder of the Tron cryptocurrency. After a letter of intent went wrong, there were doubts the deal would go through. It all came to light last month when TorrentFreak first reported negotiations between BitTorrent — now renamed to Rainberry — and Justin Sun. At the

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