Posts Tagged ‘implementations’

Google Is Working on Its Own Blockchain-Related Technology

Google is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways, according to people familiar with the situation. The Alphabet Inc. unit is developing its own distributed digital ledger that third parties can use to post and verify transactions. The internet […]

IBM unveils new startup-friendly blockchain platform

IBM has revealed its new blockchain platform that allows startups to build their own distributed ledger projects within a testing environment. The platform, which operates as a permission blockchain, is currently operating in a beta testing mode, meaning that developers are able to test it for free right up until a commercial release. Read more

Japan’s Third Largest Utility Tests Bitcoin On Lightning

Japan’s third-largest electricity provider Chubu Electric Power Co. is emerging as one of the first major companies in the world to trial a promising bitcoin payments technology. The company has entered into a proof-of-concept with local bitcoin and Internet of Things (IoT) startup Nayuta, exploring how bitcoin payments can be made via the Lightning Network, an in-development protocol that […]

Bithumb to Bring Cryptocurrency Kiosks to South Korean Restaurants

Bithumb, South Korea’s largest cryptocurrency exchange, has announced plans to provide restaurants and cafes with digital currency kiosks.  This will allow customers to pay for their food with their virtual currency holdings on Bithumb. Bithumb will offer multiple different options to the businesses utilizing their kiosks, allowing the proprietors to choose the best service for their needs. […]

Chilean National Energy Commission Adopts Blockchain Technology

Chile’s National Energy Commission has begun final preparations to launch a blockchain data initiative sometime this month. The initiative is an effort to record sensitive data on a distributed ledger for the purpose of securing and modernizing Chile’s electrical infrastructure. The platform will be used to authenticate data such as average market prices, marginal costs, the price of gasoline, […]

Sierra Leone Becomes First Country With Blockchain-Verified Election Voting

In last week’s presidential election in Sierra Leone, blockchain technology was used to verify voting results. However, the new tech was not used throughout the whole country. Rather, it was confined to the country’s most populous region. The voting process was overseen by Agora, a Swiss-based blockchain startup. Once the voting had taken place, up to […]

CERES Coin Files to Raise $20 Million ICO for Blockchain based Cannabis Transaction Network

CERES Coin has filed a Form D with the SEC indicating its intent to raise up to $20 million to launch a “Blockchain based transaction network for the legal Cannabis industry.” Ceres’ ICO seeks to provide a solution to the “unbanked” legal Cannabis sector. The problem Ceres wants to solve is the fact that most banks do not […]

PwC testing a blockchain analytics tool for tracking the global footprint of ICO tokens

Accounting firm PwC is testing a blockchain analytics tool to help trace digital tokens after their launch, helping companies to guard against the risk their tokens will be misused as a medium for money laundering and other crimes. the blockchain analytics tool, being developed by the emerging technology team comprising 80-plus people, will allow ICO […]

Swedish Government Land Registry Soon To Conduct First Blockchain Property Transaction

Sweden’s land-ownership authority, the Lantmäteriet, is soon expected to conduct their first Blockchain technology property transaction after two years of testing. Even though the Lantmäteriet already functions in a highly digitized and paperless system, the time from signing a contract to registering a sale can take between three to six months. With the Blockchain system, it could be hours, […]

Mercedes Preps Crypto Coin to Reward Eco-Driving

Mercedes-Benz maker Daimler introduced the MobiCOIN project at the Mobile World Congress 2018 held in Barcelona, Spain. Currently in its experimental stage, the project revolves around a digital currency meant to reward drivers who abide by eco-driving principles. The pilot started in February and is scheduled to run for three months, with 500 Mercedes drivers involved in […]