Blockchain News


ey-june22.jpg EY and Microsoft joined together to launch a blockchain solution for content rights and royalties management in the gaming industry. The move aims to streamline the costly and time-consuming processes, by reducing processing time and faster tracking of royalties.

bbva-june22.jpg Spanish bank Banco Bilbao Vizcaya Argentaria SA or BBVA, is in deal with energy firm Repsol SA to develop blockchain-based financial solutions in corporate banking. As a pilot project of the collaboration, the two companies have completed the first transaction to renew a credit line worth 325 million euros or $378 million, involving a revolving credit facility, using blockchain's DLT.

insurance-june21.jpg The Blockchain Insurance Industry Initiative (B3i) has selected the Corda blockchain platform, developed by New-York based technology firm R3, to build its applications and business network. Using the blockchain technology, Corda expects to help existing business networks to reduce transaction and record-keeping costs.

blockchain2-june21.jpg Nasdaq, the leading market services provider, and three clearing services companies in Europe - ABN Amro Clearing, EuroCCP and Euroclear - successfully tested a blockchain solution that settled margin calls within minutes. A statement said they completed a joint proof of concept to make the use of securities more efficient when used to cover margin calls using blockchain.

bbva-june21.jpg Carlos Torres Vila, CEO of the Spanish bank Banco Bilbao Vizcaya Argentaria SA or BBVA , warned that blockchain technology is not mature and faces significant challenges, el Economista reported. However, he believes the advantages of blockchain technology are so important to their business.

brazilcentralbk-june20.jpg The Brazilian regulatory authorities are set to use a blockchain-based technology platform developed by the IT department of the Central Bank of Brazil (BCB) for the speedy and secure exchange of information between them.

chain-june20.jpg France has launched Europe's first blockchain accelerator, Chain Accelerator, with a view to supporting new international blockchain startups. It is based in Paris' Station F, the largest startup campus in the world. The move is expected to make Paris a major hub for blockchain development.

kerala-june19.jpg The Government of Kerala, the southernmost state of India, has launched a project to use the Blockchain technology to make food supply and distribution network more efficient. The new project, which will be implemented through the Kerala Development and Innovation Strategic Council or K-DISC, will also use blockchain for its crop insurance scheme.

ubs-june19.jpg UBS Group AG Chief Executive Officer Sergio Ermotti said blockchain technology is almost a must for business. In an interview with CNBC, the head of the Swiss banking giant said he believes the technology is definitely an opportunity in the long term. According to him, the technology will help companies free up resources, and blockchain in particular is a great way to increase those efficiencies.

geopolitical-june-18.jpg George Friedman, a geopolitical analyst, said Blockchain is useful, visible, but at some point will be obsolete.

walmart-june18.jpg Retail giant Walmart has been awarded a patent for the method of using blockchain technology for obtaining the vital medical records of a patient in emergency that is unable to communicate or is unresponsive. The patent application, originally filed on December 14, 2016, has been published by the US Patent and Trademark Office (USPTO).

dhs-june18.jpg The U.S. Department of Homeland Security (DHS) has awarded a grant of $192,380 to an Austin, Texas-based start-up company to support beta testing of a platform aimed to secure data from Border Patrol cameras and sensors. The grant to Factom is part of the fourth and final phase of DHS Science and Technology Directorate's Silicon Valley Innovation Program (SVIP). "In Phase IV, Factom will deploy

ripple-june15.jpg The University of Texas at Austin has announced research on blockchain technology, sponsored by Ripple. The San Francisco-based distributed ledger technology startup has pledged $2 million to fund the research by McCombs School of Business's Blockchain Initiative over the next five years. The University of Texas is one of 17 academic institutions around the world to receive funding from Ripple i

esports-tournament-061418.jpg China-based Fujian eGaming Tournament Group is in partnership with eSports gaming platform Asura World to host eGame tournaments on its platform and to add its crypto coin ASA to their prize pools. Fujian eGaming will incorporate China's first reward system combining both China's currency yuan and cryptocurrency.

german-june14.jpg Blockchain technology is revolutionary and its applications could turn the entire financial sector upside down, according to Felix Hufeld, chief of German Finance Regulator.

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