JP Morgan Roles Out Numerous Number Of Blockchain Related Jobs

The largescale adoption of cryptocurrencies and blockchain technology became the talk of the town when mainstream companies started adopting it to rebuild their financial and organizational structure. JPMorgan became the biggest depository in the United States when it recently made news with the launch of its own cryptocurrency, JPM Coin. … Read the rest

New Crypto Backed by Gold and Silver Can Now Be Used to Buy Tickets to Sport Events

New Crypto Backed by Gold and Silver Can Now Be Used to Buy Tickets to Sport Events

An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation in its platform and gain support from governments.

Kinesis argues that backing cryptocurrencies with precious metals help to reduce the “severe price … Read the rest

India: Ernst & Young To Hire Over 2000 Employees To Work On Blockchain, AI

India: Ernst & Young To Hire Over 2000 Employees To Work On Blockchain, AI

“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. EY is planning on recruiting the required new talent over the next three years, in parallel to its global plans to invest $1 … Read the rest

South Korean Hospital to Use Blockchain Tech for Medical Information Services

South Korean Hospital to Use Blockchain Tech for Medical Information Services

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

HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL

HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL

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 Wants to Build Virtual Power Plants Using Blockchain

GE Wants to Build Virtual Power Plants Using Blockchain

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

Spanish Telecoms Operator Partners With IBM to Manage International Calls With Blockchain

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