Blockchain

Luxury Brands Authenticity Flourishing with Blockchain

Luxury brands value their items with one important value as paramount, exclusivity. However, with mass amounts of high-quality counterfeit items roaming the markets, brands face an uphill battle to keep the allure of their items. To help combat the rising number of counterfeits, luxury brands are now turning to blockchain technology to help establish the number one asset …

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Blockchain Technology to Revolutionize the Sri Lankan Farm Insurance Industry

Blockchain technology has helped innovate industries such as real estate as well as innovate the supermarket supply chain and now, it is being targeted to help revolutionize the insurance industry. Business services company Aon, alongside international charity confederation Oxfam, seek to utilize blockchain technology to provide farmers in Sri Lanka cover in the event of extreme …

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Blockchain Gets the World Buzzing

Blockchain technology has progressed rapidly over the last number of years, with companies beginning to understand its true potential. It has been implemented to solve many real-world issues from supply chain to real estate and now bees. With the rapidly declining number of bee population over that last few years and with over 77% of the world food supply dependent on pollinators such as bees, it has …

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Blockchain Technology that is Out of this World

“One small step for man, One giant leap for Mankind.”   Neil Armstrong’s fabled words defined a generation, Blockchain startup Diana are now looking to honor that legacy with a trip to the moon of their own. On the 50th anniversary of the Apollo Moon landing, Diana are looking to launch a “lunar registry” as they look to place the surface …

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Innovation on the Blockchain

Since Bitcoin’s bull run back in 2017, mainstream media help bring cryptocurrency to the forefront of emerging technology. Now whilst digital currency wasn’t anything groundbreaking, blockchain technology that cryptocurrency is built on is. Since its inception in 2009 blockchain potential has slowly been realized by not only the small businesses but by large fortune 500 companies such …

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Amazon Launches its Managed Blockchain Service

Blockchain technology continues to hit mainstream grounds when Amazon announced the launch of its “Amazon Managed Blockchain”. The service is fully managed by amazon themselves and allows users to create and manage scalable blockchain networks using popular open-source frameworks of the Hyperledger Fabric and Ethereum blockchains.   Amazon enters the blockchain space as they aim to bridge the gap for users looking …

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Pundi X Integrates Crypto Payments into Traditional Sales Terminals

Cryptocurrency payments take a step towards an everyday reality with Pundi X’s announcement that it has integrated its crypto payment system into a Point of Sale system made by American company, VeriFone.  The move to integrate Pundi X, leading provider of blockchain powered devices, into Verifone’s POS systems, means that shops and retail outlets using the Verifone X990 with XPOS module activated will now be able to …

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Korean Mobile ID System to Launch on Blockchain

A South Korea consortium of financial services firms, mobile carriers, and a global tech giant have signed an agreement to launch a blockchain-based mobile identification in 2020.  According to the announcement, KEB Hana Bank, Woori Bank, KOSCOM, SK Telecom, KT, LG UPlus and Samsung Electronics have all come together to develop a technology to establish a “self-sovereign identity” that will not require government-certified intermediaries or other entities that manage personal …

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Maritime Shipping Looks to a Decentralized Future

Maritime shipping took a significant leap towards a decentralized future after Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands.  According to a report by the Maritime Executive early this month, the triad of companies tracked a container exclusively using an interoperable blockchain platform.   …

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Blockchain Technology to Revolutionize the Real Estate Industry

Blockchain set new heights this week with its first-ever European property sold entirely through a blockchain transaction.    AnnA Villa, the luxury building in Paris, set history when its €6.5 million price-tag was paid using blockchain technology. Sapeb Immobilier and Valorcim the French real estate companies who made the purchase, sought out the services of French blockchain investment platform, Esquisafe, to accommodate …

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