Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.
Paxos seeks to unlock capital … Read the rest
Dublin-based major consultancy firm Accenture has partnered with French multinational aerospace firm Thales Group to update aircraft supply chains using blockchain. Based on Hyperledger Fabric and set for its debut at the UK’s Farmborough Airshow, the solution will use blockchain in tandem with Thales’ physically unclonable function (PUF) tool to … Read the rest
There are various powerful blockchain use cases in Aviation. In this article, lets take a look at one specific niche use case ie. Supply Chain Management ( SCM ). Lets understand the problem in detail and check out the solution blockchain can offer.
Basics: What does Supply Chain Management in … Read the rest
The Industrial and Commercial Bank of China (ICBC), one of China’s “Big Four” state-owned commercial banks is seeking to patent a blockchain system for the exchange of financial assets. According to a patent application filed by the bank in January and revealed on Friday, the system envisions a platform whereby … Read the rest
Things have finally settled for Facebook, with regards to blockchain technology. After much probing, the social media giant finally gave in by hiring a new lead dedicated to its upcoming blockchain division. Evan Cheng, one of Facebook’s senior engineers, has been appointed to the position of “director of engineering, blockchain”, … Read the rest
Jack Ma-led Chinese e-commerce giant Alibaba’s fintech conglomerate Ant Financial considers blockchain technology as one of the five key technologies that will dominate every industry in the long-term. In terms of immutability and decentralization, blockchain technology in its current form is impeccable. It is able to process sensitive data and … Read the rest
The new Ethereum language Vyper has been released and is so far getting enthusiastic reviews and comments on social media. The language which is an upgrade from the discarded Serpent offers developers an alternative to Solidity with some early converts calling it an improvement. Like Solidity, Vyper compiles down to … Read the rest
Today, virtually anyone wanting to succeed despite the competition or wanting to maintain any relevance in any market must have a social media presence. Social networking has helped many organizations by promoting their products and services to a very large audience and has given activists a potent tool to advance … Read the rest
Facebook could unwittingly be the world’s best advertisement for blockchain. Even as the social media giant tries to shore up its privacy regime after data securities issues exposed the data of about 3 million users, privacy and security are likely to go along with every other Internet-based company. The good … Read the rest
A state university in Russia has announced that it will store diploma records using blockchain technology, the institution announced in an official statement. According to the statement and a tweet from the Financial University under the Government of the Russian Federation, the institution has recorded “all diplomas issued over the … Read the rest