Made in Italy Project: Blockchain to Change Textile Industry

The first pilot project for the use of blockchain in SMEs in the textile industry was officially presented at the Italian Ministry of Economic Development (MISE) on March 13. Blockchain technology will support Made in Italy project, protect its uniqueness and quality such as certifying the supply chain thanks to the mechanism of the "shared…

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IBM And Stellar Partnership Aims To Revolutionize Cross-Border Banking

IBM’s head of blockchain solutions Jesse Lund has just confirmed that they are preparing for a massive announcement about the World Wire platform which uses the Stellar decentralized protocol to power cross-border payments. Stablecoins’ utility Lund told Cheddar that banks are interested in using stablecoins to move money across the globe. In comparison with traditional…

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IBM partners to launch crypto custody solution targeting banks

IBM has been one of the biggest investors in blockchain and cryptocurrencies. And now, it’s getting into the crypto custody business. According to a report by CoinDesk, the tech giant will provide the infrastructure for a crypto custody solution by Shuttle Holdings, a New York-based investment firm. Shuttle already has a number of potential clients…

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Is $1,000,000 for Bitcoin Real? IBM's VP of Blockchain Jesse Lund Thinks It Is

Photo: QuoteInspector Bitcoin (BTC) continues to be the darling of global investors despite the recent crypto winter. Recently, Jesse Lund, VP of Blockchain and Digital Currencies at IBM showered praises on Bitcoin. Mr. Lund remains ultra-bullish on the future of Bitcoin in the long term. In a recent interview published by Finder.com on YouTube, Mr. Lund…

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IBM Partnership Uses Blockchain, IoT to Combat Drought in California

A collaborative IBM project using blockchain and the Internet of Things (IoT) to tackle drought is underway in the United States state of California, according to a press release published Feb. 8. IBM Research and sensor tech provider SweetSense have reportedly partnered with non-profit organization The Freshwater Trust (TFT) and the University of Colorado Boulder…

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IBM, Ford Blockchain Pilot Targets Cobalt Supplies From Democratic Republic of Congo

Global technology giant IBM will use its blockchain platform to monitor and trace supplies of cobalt from the Democratic Republic of Congo, the company confirmed in a press release on Jan. 15. IBM, which has already used the in-house IBM Blockchain platform built on the Hyperledger Fabric in multiple use case environments, will now target…

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New Blockchain Center Backed by Microsoft and IBM Opens in New York City

Photo: Pixabay Some may say that the time of Bitcoin and other top cryptocurrencies has passed. The crypto-market is shattering under an onslaught of major price swings and ubiquitous capital outflow. Lots of crypto-startups that stemmed from a vivid dream of widespread Bitcoin adoption are forced to shut down their offices and downshift their personnel….

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AAIS Announces Second Release Of Its Blockchain Regulatory Reporting Tool

The American Association of Insurance Services (AAIS) has announced the most recent release of its openIDL blockchain platform. AAIS is a national insurance advisory organization and is one of the two major “rating bureaus” in the United States, along with the Insurance Services Office. It publishes standardized model insurance policy forms and prices which its…

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Abu Dhabi Oil Giant Joins IBM to Apply Blockchain for Value Chain Management

Photo: ADNOC The Abu Dhabi National Oil Company (ADNOC) joined IBM to pilot a much-anticipated supply chain system. The company made this announcement through a press release published on Dec. 9. ADNOC is a state-owned oil company operating in the United Arab Emirates. The company is also a world leader producing 10.5 cubic feet of…

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Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’

Ethereum cofounder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time” in an interview with business news outlet Quartz published Nov. 26. Speaking at the Devcon4 blockchain conference, the Ethereum cofounder said that although there are a number of companies that try to establish higher standards by using…

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IBM Teams Up with Columbia University to Further Push Blockchain Development

Photo: IBM / Twitter Blockchain is going on penetrating into various spheres of our life. Different instututions, companies, agencies are willingly adopting the technology in order to keep up with the times. And education sector is no different. On November, 19, International Business Machines Corporation (IBM), an American multinational technology company, and Columbia University, one of the…

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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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Precious Ledgers: Why Blockchain Is the Right Fit for Gold and Diamonds

This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold. Indeed, blockchain has been pioneering both gold and diamond industries — complex ecosystems…

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Smart Dubai, IBM Launch Dubai Blockchain Platform to Digitize Process & Services

Smart Dubai Office and IBM launched the Dubai Blockchain Platform, a system aimed at companies and Dubai citizens, helping them to automate and digitize multiple services. Smart Dubai Office, an initiative of Crown Prince of Dubai Sheikh Mohammed bin Rashid Al Maktoum, who is also UAE’s Vice President and Prime Minister, announced on Tuesday the…

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Canada Border Services Test Blockchain Technology to Streamline Processes

The Canada Border Services Agency (CBSA) is the latest entity to partner with a blockchain-based platform in a bid to make its systems more efficient. Tracking goods is an intensive business, relying on many people and many documents. However, when you put these two components together in a high-stressed and fast-paced, human errors and misplaced…

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LMBA to Create Standards for Companies Offering Blockchain-Based Gold Tracking Systems

The London Bullion Market Association, which represents the gold and silver markets, wants to create a set of standards for blockchain-based gold tracking system providers. The London Bullion Market Association (LBMA) intends to increase transparency in the gold market by opening the door for companies that leverage blockchain to track the metal through its supply…

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IBM’s Food Supply Chain Platform Released

IBM has officially rolled out its blockchain-based food supply chain platform, IBM Food Trust. French retail giant Carrefour will be one of the early adopters. Tracking Food From Farm to Table IBM Food Trust, announced October 8th, uses a shared private digital ledger to track food as it moves from producers to consumers. IBM claims…

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Regulators Must Lead On Blockchain: IBM Report

Blockchain reduces paper processes, speeds up transaction times, increases efficiencies and builds trust among participants to a transaction, according to Sept. 23 IBM report on how distributed ledger technology (DLT) can improve how the federal government does business. The report was authored by Thomas Hardjono, director of the MIT Trust: Data Consortium. It’s titled “The…

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Malaysian Government Initiates Blockchain Integration Drive

The Malaysian government wants to integrate blockchain technology into its most significant industries, according to Asian Correspondent. Said industries are Islamic finance, renewable energy, and agriculture. The government has created a task force – the Malaysian Industry-Government Group for High Technology (MIGHT) – to drive this initiative. Join the Leading Industry Event! Malaysia, population approximately…

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Walmart Puts Food Suppliers on Notice: Blockchain or Bust – Bitsonline

Continuing its work with IBM on their proprietary Food Trust solution, Walmart has taken the next step in digitizing the food supply chain process by mandating that all its suppliers of leafy green vegetables upload their data through their own blockchain application by Fall 2019. Also read: Bitcoin Price Rise Delayed As Technical Signals Fail to…

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