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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.

bank-june14.jpg The global financial services industry spent $1.7 billion to develop blockchain technology solutions last year, as banks and other firms move beyond the proof-of-concept stage and start rolling out commercial distributed ledger technology products, according to a new report. The report by U.S.-based market intelligence firm Greenwich Associates signals the growing investments being made by financi

rippleceo-june14.jpg Brad Garlinghouse, Chief Executive Officer of cryptocurrency and payments start-up Ripple, claimed that Bitcoin is really controlled by China, according to financial news outlet TheStreet.com. He also said that blockchain, the underlying technology behind bitcoin and Ripple, will not disrupt banks, though it will play an important role in the way the system works.

triwer-ico-061318.jpg Norway-based Triwer is set to launch an Initial Coin Offering (ICO) for its TRW tokens issued on the Ethereum platform to provide blockchain-based parcel delivery solution. The TRW token will be an integral facilitator of transactions within the Uber-like parcel delivery platform. Triwer completed seed finance from private investors and private pre-sale, raising a total of 2.7 million euros.

uber-drunk-061318.jpg Uber has an application pending with the U.S. Patent and Trademark Office for using technology that would help the ride-hailing giant to detect drunk passengers. The patent application was initially filed by Uber in December 2016 and relates to predicting a rider's state using machine learning. It outlines a travel coordination system that will identify "uncharacteristic user activity".

southkorean-june13.jpg South Korean commercial banks have joined together for a blockchain-powered customer ID verification platform, dubbed BankSign. Korea Federation of Banks or KFB, in a notice, said the new system for domestic commercial banks is scheduled to be launched in July. The move follows a testing phase that began in April this year.

swiss-blockchain-061318.jpg The Swiss industry created a new independent body called the Capital Markets and Technology Association (CMTA) to promote the use of new technologies such as blockchain in the capital markets. The CMTA would provide a platform to create open industry standards around issuing, distributing and trading securities in the form of digital tokens using distributed ledger technologies.

bostonfm-june13.jpg A weekly FM radio Show about cryptocurrency and blockchain technology is going to be up on air next month in the New England region. The program, titled "Cryptomania - Bitcoin & Beyond," aims to educate the masses about the benefits of cryptocurrencies. It is available on Boston's FM radio signal 104.9 in the North of Boston and Merrimack Valley regions of Massachusetts as well as southern New Ha

voting-june12.jpg Switzerland's crypto-valley Zug will run a pilot for a municipal voting system, which will be powered by blockchain technology, using the city's current digital ID (eID) system later in June. According to local media outlet Swissinfo.ch, the city of Zug will require the residents in the municipality to take part in a blockchain-based trial voting for municipal matters like a referendum vote.

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