Facebook Hops Onto The Blockchain Train With The Appointment Of A New Engineering Director

Facebook Hops Onto The Blockchain Train With The Appointment Of A New Engineering Director

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

$150 Billion-Valued Ant Financial Makes a Big Bet on Blockchain Technology

$150 Billion-Valued Ant Financial Makes a Big Bet on Blockchain Technology

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

Russia: Financial University to Store Diplomas via Blockchain

Russia: Financial University to Store Diplomas via Blockchain

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

Blockchain Platform To Be Utilized To Store Healthcare Data For Secure Data Sharing

Blockchain Platform To Be Utilized To Store Healthcare Data For Secure Data Sharing

Data storage in healthcare industries is of critical importance. Security breaches in this sector will not only have an impact financially in terms of health insurance, but could also compromise patient safety. The new platform Timicoin aims to enhance patient data safety through blockchain technology. Describing themselves as the “Tokenized … Read the rest

Mining Industry To Be Transformed With The Integration Of Blockchain Technology

Mining Industry To Be Transformed With The Integration Of Blockchain Technology

Blockchain has the potential to revolutionize how gold and precious metals are manufactured and delivered. Consider the journey a gold nugget must take along its supply chain, from mine to end consumer – it cuts through several other industries and practices, including legal, regulatory, financial, manufacturing and retail, each of … Read the rest