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unicef-121118.jpg UNICEF announced a $100,000 fund to six blockchain startups to solve global challenges using blockchain technology. The United Nations' charity arm for children said that the UNICEF Innovation Fund will invest the money in six companies - Atix Labs from Argentina, Onesmart and Prescrypto from Mexico, Statwig from India, Utopixar from Tunisia and W3 Engineers from Bangladesh.

statefarm-dec11.jpg U.S.-based Auto Insurer State Farm Mutual Automobile Insurance Co. is testing a blockchain-powered solution for speeding up the subrogation process for auto claims. State Farm is in the process of investing in new technologies such as blockchain to help improve a time-consuming claim process.

ibmadnoc-dec10.jpg The Abu Dhabi National Oil Co. or ADNOC joined with IBM to pilot a blockchain-based system to integrate oil and gas production operations. The platform would track, validate and execute transactions at every stage, from the production well to the end customer. ADNOC expects the blockchain technology to reduce transaction time between its operating companies.

rttcalendar-dec07.jpg A collection of the popular stories from the cryptocurrency and blockchain space this week.

master-card-120718.jpg Payment giant MasterCard has filed a patent application for the method and system for anonymization of blockchain-based electronic transactions. The patent application, originally filed on June 5, 2017, has been published by the US Patent and Trademark Office (USPTO) now. The patent refers to the anonymization of an electronic transaction conducted via a blockchain.

homelandsecurity-nov6.jpg The U.S. Department of Homeland Security (DHS) offered grants of up to $800,000 to blockchain startups to come up with blockchain solutions to issue digital documentation that prevents fraud, counterfeiting and forgery. The DHS said its Science and Technology Directorate (S&T) is seeking innovative solutions through a new solicitation, "Preventing Forgery and Counterfeiting of Certificates and Li

blockchain_05dec18.jpg Brazilian lender Itaú Unibanco teamed up with Standard Chartered to offer small loans, called "Club Loans," across Latin America on a blockchain-powered platform. The two banks have successfully completed the development and proof-of-concept (PoC) for the blockchain platform. The loans platform was developed based on New York-based blockchain consortium R3's scalable Corda Connect platform.

blockchain7_05dec18.jpg Signature Bank, a New York-based commercial bank, announced the launch of a blockchain -based digital payments platform to enable real-time payments for its commercial clients. The ethereum blockchain-based Signet platform received approval from the New York State Department of Financial Services or NYDFS. Further, deposits held within the Signet Platform are eligible for FDIC insurance.

uscongressman-dec06.jpg Warren Davidson, the U.S. representative from Ohio's 8th congressional district, announced a plan to regulate cryptocurrency and initial coin offerings or ICOs through the federal government, local Ohio news agency Cleveland.com reported. While talking at the Blockchain Solutions conference in downtown Cleveland, Davidson announced his intention to introduce new legislation.

tefoods-dec05.jpg France's food retail giant Auchan has implemented blockchain-powered food traceability in five of the total seventeen countries it operates. This follows the success of an 18-months pilot conducted in its Vietnam branch. The French chain decided to implement TE-FOOD's "FoodChain" blockchain-based traceability solution in France, Italy, Spain, Portugal, and Senegal.

blockchain7_04dec18.jpg The U.S. Department of Homeland Security (DHS) is gearing up to develop applications for blockchain forensic analytics to investigate blockchain transactions. Though it has the capability to address Bitcoin analytics, DHS is more interested in acquiring skills to analyze newer cryptocurrencies, such as Zcash and Monero, which have inbuilt anonymity and privacy protection.

blockchain2_04dec18.jpg New York-based fintech firm IPC Systems announced a partnership with blockchain software firm R3 to support R3's Corda enterprise blockchain networks on the IPC's Connexus Cloud platform. The deal will enable Corda blockchain applications, known as CorDapps, to be accessible via IPC's Connexus Cloud.

finma-dec04.jpg Blockchain, Cryptocurrency startups in Switzerland can now apply for new "FinTech" license that would allow them to handle public deposits of up to 100 million Swiss francs or around $100 million, according to The Swiss Financial Market Supervisory Authority or FINMA.

blockchainalliance-dec04.jpg Synaptic Health Alliance, a blockchain-based alliance by healthcare companies, announced that Aetna, a CVS Health business, and Ascension joined their pilot project. The alliance aims to use blockchain technology to address healthcare provider data issues. The Alliance is exploring how blockchain technology could help to actively share data, improve data quality and reduce administrative costs.

blockchain2_03dec18.jpg UAE-based Al Hilal Bank executed a blockchain-powered resale and settlement of an Islamic Sukuk, also known as Sharia compliant bonds. A sukuk is an Islamic financial certificate, similar to a bond in Western finance that complies with Sharia, Islamic religious law. The transaction was executed in a secondary market deal in Al Hilal Bank's $500 million Senior Sukuk maturing in September 2023.

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