Tagged: dlt

February 5, 2020 @ 10:19 pm By Omar Faridi  |  

The United Arab Emirates’s (UAE) Ministry of Health and Prevention (MoHAP) has teamed up with the nation’s Ministry of Presidential Affairs, Dubai Healthcare City and several other local government agencies in order to launch a blockchain-enabled health data storage platform. The Emirates News Agency reported… Read More

February 5, 2020 @ 2:48 pm By Omar Faridi  |  

Blockchain-enabled supply chain and trade finance firm Envoy Group is reportedly planning to expand its operations beyond Latin America. This, after recently acquiring $13 million in funding from Alcedo Digital Ventures. Developed on R3’s Corda platform, Envoy aims to enhance the existing $17 trillion annual… Read More

February 4, 2020 @ 8:18 am By Omar Faridi  |  

Enterprise-grade distributed ledger tech (DLT) platform Insolar is launching its own main network (mainnet), while introducing its native Insolar Coin (XNS), in order to replace its previously used Ethereum-based digital token INS. Following the successful trial period of its testnet last year, Insolar has introduced… Read More

February 3, 2020 @ 8:07 am By Omar Faridi  |  

Denis Pitcher, Chief Fintech advisor to the Premier of Bermuda, confirmed recently that the island country’s government has been focusing on encouraging blockchain and crypto adoption. Bermuda aims to enable greater financial inclusion with its national virtual currency in an area where residents are reportedly… Read More

January 31, 2020 @ 8:07 am By Omar Faridi  |  

The Hyperledger Foundation has introduced the second software release of its open-source distributed ledger technology (DLT) platform, known as Hyperledger Fabric. The software has a wide range of potential applications but mainly focuses on enterprise blockchain development for large businesses. The foundation’s second release comes… Read More

January 31, 2020 @ 5:59 am By Omar Faridi  |  

Baton Systems, an established developer of “blockchain-inspired” bank-to-bank payments software and infrastructure for linking multiple different ledgers, has reportedly secured $12 million in capital, which now includes an additional $4 million from VC Illuminate Financial. Illuminate has joined other existing investors including Trinity Ventures, Alsop… Read More

January 29, 2020 @ 8:07 am By Omar Faridi  |  

The Israeli Securities Authority (ISA) has reportedly issued a Request For Information in order to identify regulatory policies that could hinder the ongoing development of distributed ledger technology (DLT)-focused projects in Israel. The country’s regulator is also planning to look closely into the potential use… Read More

January 29, 2020 @ 5:01 am By Omar Faridi  |  

Belgium-headquartered SettleMint, an enterprise blockchain firm, has reportedly secured €1.9 million (appr. $2.04 million) through a new investment round. KPN Ventures and Medici Ventures took part in the firm’s latest funding, SettleMint’s management confirmed on January 28. Following the capital injection, the company is planning… Read More

January 29, 2020 @ 2:18 am By Omar Faridi  |  

Urgent action is required in order to address a serious skills and talent shortage in the United Kingdom’s financial services sector, an independent review commissioned by HM Revenue has revealed. The review has issued a warning to industry participants stating that the UK’s financial sector… Read More

January 26, 2020 @ 4:16 pm By Omar Faridi  |  

Covantis, a blockchain-focused project backed by multinational agri-business companies such as Cargill, has reportedly chosen ConsenSys, a Brooklyn, New York-based Ethereum development studio, as its technology partner. Through Convantis’ partnership with ConsenSys, the Ethereum-based software developer will create a blockchain-powered platform to fully digitize the… Read More

January 22, 2020 @ 9:14 pm By Omar Faridi  |  

BRD, a digital currency wallet developer that has received investments from US-based Fintech Ripple and Japanese financial services company SBI Holdings, has branched out into the enterprise blockchain industry. BRD’s latest initiative, called “Blockset,” aims to provide services to traditional banks, financial services providers and… Read More

January 15, 2020 @ 12:05 pm By Omar Faridi  |  

Expertise or prior experience working with blockchain or distributed ledger technology (DLT) has quickly become the number-one “hard skill” that firms are now looking for on LinkedIn. According to a recently published job trends report, LinkedIn researchers examined user profiles who were “getting hired at… Read More

January 14, 2020 @ 7:50 am By Omar Faridi  |  

Australia-headquartered Power Ledger, a blockchain-based energy solutions provider, has reportedly acquired a 250 kilowatt (kW) photovoltaic system that will use a distributed ledger technology (DLT)-powered data management and settlement platform. According to a press release, Power Ledger acquired the system from Perdaman Advanced Energy, an… Read More

January 14, 2020 @ 7:46 am By Omar Faridi  |  

“Beijing Tong,” a mobile-based app developed and released by Beijing’s municipal government, has reportedly registered data from more than 1,000 local business offices on its “menu blockchain” system. Confirming the development on January 11, 2020, during a scheduled session of the Municipal People’s Congress, Feng… Read More

January 13, 2020 @ 9:42 am By Omar Faridi  |  

The blockchain-enabled smart contract auditing solution developers at ChainSecurity have teamed up with the Switzerland-based division of Big Four auditing company PricewaterhouseCoopers (PwC), in order to streamline the services the multinational auditor provides. According to statements shared with Cointelegraph, a PwC representative confirmed that no… Read More

January 11, 2020 @ 7:29 am By Omar Faridi  |  

Asian Fintech firm Ant Financial, a subsidiary of e-commerce giant Alibaba (NYSE:BABA), has reportedly been ranked China’s fifth most valuable privately-held company. According to an inaugural rankings report released by Hurun, which is primarily known for publishing China’s list of wealth individuals, Ant Financial is… Read More

January 10, 2020 @ 7:27 am By Omar Faridi  |  

Telefonica, a Spanish telecommunications giant, will be teaming up with Spain’s Association of Science and Technology Parks (APTE) in order to provide access to its blockchain-based platform to around 8,000 local companies. Telefonica will reportedly be deploying nodes of its Hyperledger-enabled blockchain at APTE’s 52… Read More

January 7, 2020 @ 7:44 am By Omar Faridi  |  

New York-based tech giant IBM and Farmer Connect, an organization focused on enhancing transparency and sustainability in agriculture supply chains, introduced a blockchain-powered application at the Consumer Electronic Show (held in Las Vegas, Nevada on January 6, 2020) that lets users learn more about the… Read More

January 5, 2020 @ 12:18 pm By Omar Faridi  |  

The number of Israel-based blockchain and crypto-focused startups increased by 32% last year, a December 30 report from the Israeli Bitcoin Association confirmed. The report noted that there were 150 active blockchain firms in the country in 2019. Toward the end of 2018, there were… Read More

November 24, 2019 @ 10:42 am By Omar Faridi  |  

Oman Oil and Orpic Group and HSBC Bank Oman SAOG have reportedly performed the first blockchain-based trade finance transaction in the Middle Eastern nation using R3’s Corda technology. According to a November 23 report from Oman Observer, Oman Oil and Orpic Group, the country’s largest… Read More