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

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

Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

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

Singapore Based Startups Thriving On Blockchain Technology

Singapore Based Startups Thriving On Blockchain Technology

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

Visa Partners With IBM To Launch Blockchain-Based Digital Identity System In Q1 2019

Visa Partners With IBM To Launch Blockchain-Based Digital Identity System In Q1 2019

Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019. The system, dubbed Visa B2B Connect, will provide a blockchain-based digital identity solution for financial institutions to securely process cross-border payments. The system reportedly tokenizes sensitive business data – such as … Read the rest