Tokio Marine & Nichido, NTT DATA Complete PoC Of Marine Cargo Insurance Claims Using Blockchain

Japanese insurance firm Tokio Marine & Nichido Fire Insurance and Japanese IT services provider NTT Data have successfully completed a blockchain proof of concept (PoC) for marine cargo insurance claims. The blockchain PoC involved eight overseas claims settling agents and surveyors on three continents – Europe, America and Asia. The key objective of the trial…

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Marshall Islands President Survives No Confidence Vote Prompted by National Crypto Plans

The President of the Republic of the Marshall Islands Hilda Heine has narrowly survived a no confidence vote that was partly prompted by her plans to introduce a national digital currency, Asia-focused English-language publication Nikkei Asian Review reports Nov. 12. The Marshallese parliament was reportedly split 16-16, just one vote short of the number needed…

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Stellar (XLM) Becomes Top-5 Cryptocurrency Pushing Out EOS

Open source cryptocurrency transfer protocol Stellar’s Lumens (XLM) token has entered the top five cryptocurrencies by market cap the week after its $125 million deal with Blockchain. Stellar Lumens Beat EOS To Top 5 Data from Coinmarketcap confirms the repositioning, which gives XLM a market cap of $5.15 billion and relegates TRON to eleventh place…

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Singapore Gov't Develops Blockchain Based Security Token System

An automated Delivery versus Payment (DvP) platform has been jointly developed by the Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX). Its purpose is to allow the settlement of tokenized securities across various blockchain platforms. Simplifying Post Trade Processes In a joint release over the weekend the MAS and SGX stated “This will…

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InterSwitch Partners Microsoft Developing A Blockchain Technology Project

The Interswitch Blockchain Service solution also familiar as Supply Chain Finance Module is connecting the entrepreneurs, financial institutions with corporate organizations together. This module will link every organization on a single platform basically to offer end-to-end visibility. This will make sure quick, easy and seamless trading finance in supply chain operations. The Group Managing Director…

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Ethereum’s Joe Lubin: Blockchain Will ‘Take a Little Longer’ to Develop Than the Web

Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9. Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar…

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How Do We Make Blockchain User-Friendly for Mass Adoption?

It’s been forecasted that by 2021, there will be over 3 billion worldwide registered social media accounts and with blockchain-based businesses aiming to disrupt many industries, one has to ask if established and emerging social media apps on the blockchain can supplant the incumbent centralized social platforms? For blockchain to fully become mainstream, it is…

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Seagate, IBM Partner To Combat Global Hard Drive Counterfeiting Using Blockchain

Data storage solution provider Seagate and tech giant IBM have joined forces to fight counterfeit hard drives using blockchain and security technologies. The project will combine IBM’s blockchain latform with Seagate’s advanced “electronic fingerprinting” and product tracking to help prove provenance over hard drive life cycle. The goal is to help manufacturers, integrators, and business…

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J.P. Morgan sees three potential long-term stock winners from blockchain

Blockchain technology, made famous by cryptocurrencies, is still relatively new and not easy to get exposure to as an investor. J.P. Morgan listed three public companies that could benefit long-term from the emerging tech and have nothing to do with bitcoin. “Investors should be looking to identify where the opportunity to replace a middleman is…

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Blockchain Opens Green Capital Market to Countries and Enterprises

Despite the futuristic forecasts, there are not so many real-world applications of the blockchain technology, especially at a global scale. But the green capital market, where the blockchain has already been tested and proven its applicability, is not a case. The technology opens ecological markets for enterprises, allowing emissions trading. In this publication, we explain…

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State Duma Chairman: Russian Stablecoin Would Be Equivalent to Fiat Ruble in ‘Digital Space’

The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital space, state-operated Russian news agency RIA Novosti reported Nov. 7. Chairman Anatoly Aksakov said that the “crypto ruble,” which may appear after the adoption of laws…

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Korean Bar Association Pressures South Korean Govt For Crypto Framework

The Korean Bar Association (KBA) is urging the South Korean government to quickly establish a legal framework to help develop the local crypto industry and protect investors. In a news conference at the Korean parliament, the KBA, which is comprised of 23,557 attorneys and 1,353 law firms, has appealed to the government to promptly institute…

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Paul Scholes and Andriy Shevchenko Partner With Blockchain Startup

Blockchain startup headquartered in Hong Kong, Soccer Legends Limited has recently partnered with two football stars to help promote their platform to try and bridge the divide between players and fans. The company is trying to solve the lack of spontaneity and unnecessary complications of modern soccer. This very problem has been complained about by…

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BitdepositaryChain – The New Blockchain For Crypto Investments

[MALTA, November 7, 2018] Bitdepositary Ltd, the world’s first investment community for safe and secure returns on investments, is pleased to announce that its very own Bitdepositary Blockchain is just a few weeks away from launch. The new blockchain will move away from Ethereum in an effort to accelerate the introduction of its solutions. Bitdepositary…

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Blockchain Wallet Provider Airdropping $125 Million In Stellar Lumens

Call it a gift to the cryptospace. Peter Smith, CEO and co-founder of the company and wallet service Blockchain, today announced a crypto giveaway to the tune of $125 million worth of Stellar lumens (XLM). Smith said the airdrop is in celebration of the company “adding full support for XLM in the Blockchain Wallet.” The…

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Study Says EOS Maxes Out At 250 Transactions Per Second

The “independent” study of the EOS network was led by researchers at ConsenSys. The EOS blockchain may not be able to live up to all that it has promised investors, according to a recent study. A press release for the study states that a benchmark test of the EOS blockchain was “publicly requested” by a…

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How to Hire Blockchain Developer: Advice and Recommendations

Photo: Unsplash As more and more companies adopt blockchain, the need in qualified blockchain developers grows exponentially. The problem is that such a high demand doesn’t coincide with supply, and it’s very hard to find real experts who can build an ICO smart contract, create an MVP for a blockchain project, or launch an EOS…

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Blockchain Entrepreneurs Will Get Access to Networking Ecosystems at UCIM | BTCMANAGER

The momentous growth of blockchain technology has discovered many potential use-cases being implemented in real-life scenarios. While bringing light to a new era of decentralization, where the power of internet money has paved the way for technological revolutions, the technology has largely remained meddle-proof, maintaining its integrity. We find numerous projects designing the simplest forms…

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Azerbaijan Wants to Adopt Blockchain on Ministry of Justice Databases

Azerbaijan is joining the list of governments adopting distributed ledger technology to promote efficiencies. Osman Gunduz, Chair of the Azerbaijani Internet Forum (AMF), announced the country will start using blockchain on the information systems and registries of the Ministry of Justice. Azerbaijan Government Eyes Blockchain Application on Notaries, Courts, Penitentiaries, NGOs, Registries The Azerbaijani Internet Forum is…

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JP Morgan Using Ethereum-Powered Blockchain for Tokenizing Gold

One of the largest banks in the world, JP Morgan, is using an Ethereum-based blockchain, Quorum, to tokenize assets like gold.  Quoram Enterprise Blockchain JP Morgan, the New York-based investment bank, is using a blockchain platform to tokenize gold. The system enables sustainable miners to earn a premium on global markets. According to the Australian Financial…

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