South Korea’s largest hospital organization, Myongjo Hospital has partnered with local tech company BICube to develop a medical services platform based on blockchain technology. It is understood that a Memorandum of Understanding (MoU) has been signed by both the parties. The two parties plan to use blockchain technology to create … Read the rest
The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction. The blockchain-powered letter of credit (LoC) transaction, reportedly the first of its kind in India, involved export by RIL to U.S. client Tricon Energy, … Read the rest
GE is investigatingblockchainto potentially incorporate the technology into a virtual power plant offering, likely delivered via the company’s Predix platform. According to Steven Martin, GE Power’s chief digital officer; the move was in response to a general trend away from large central generating plants and toward distributed generation. GE has … Read the rest
BM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic. Telefónica is the seventh largest telecom company in the world by market capitalization, valued at $51 billion according to Forbes. The company carries out communications business in 17 countries, with … Read the rest
StarkWare, an Israel-based blockchain specialist which commercializes a zero-knowledge proof system, has secured $30 million from high profile names within the cryptocurrency ecosystem, including Consensys, Coinbase Ventures, Intel Capital, Pantera, and Sequoia. Netanya-based StarkWare Industries, which was founded in early 2018 to develop its “full proof stack for the STARK … Read the rest
American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.’s Financial Framework (NFF). Per the recent announcement, Microsoft will integrate its Azure blockchain service with NFF, a technology which provides software for trading infrastructure and operations outsourcing, and fulfills Nasdaq’s risk and surveillance technology offering.… Read the rest
As entreprenuers continue to uphold their interests in blockchain technology across the global startup ecosystem, ‘trust’ seems to be the most critical point as of now. In a suvey conducted by PricewaterhouseCoopers (PwC), concern about trust among respondents in the survey was highest in Singapore (37%). Despite these challenges, companies … Read the rest
Technology has always been disruptive and with time, we often find ourselves tredding new paths of glory. With such a probable mission in mind, 3 Chinese banks have trialed a blockchain-based settlement system, completing their first payment. The platform recorded a total of six transactions, for a total value of … Read the rest
If you’re looking for Blockchain business Ideas, you’ve come to the right place. This post was written in consultation with Blockchain experts.
The blockchain is set to power a vast number of products in the future, to a level where even certain government entities may operate on it. The … Read the rest
Bitcoin is a buzzword that has been trending for quite some time. How can you cash in on this trend? Let’s try and answer the question ” How to start a bitcoin business? “.
If you look beyond the regulatory setbacks which hound the future of bitcoin in some countries, … Read the rest