Big four auditing firm KPMG is partnering Dutch enterprise blockchain firm Guardtime to provide blockchain-powered solutions and services to its clients. The partnership will help KPMG's clients to harness the potential of blockchain technology to build transparent, traceable, and secure business processes and tools.
A summary of select stories from the cryptocurrency and blockchain world during this week.
Binance Charity Foundation (BCF), the philanthropic arm of cryptocurrency exchange Binance, is piloting a blockchain-powered donation drive for its "Lunch for Children" program in 2019. The program envisages providing two meals a day for a full year 2019 to more than 200 students and school staff in Uganda.
The Bank of China is joining PropTech, a new blockchain platform for homebuyers, Hong Kong news outlet The Standard reported. The platform was launched by Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute or ASTRI. The Bank of China, a state-owned Chinese bank, is perhaps the first bank user of the platform.
Here is a summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Spanish bank Banco Bilbao Vizcaya Argentaria SA or BBVA, issued a structured green bond for Spanish insurance company MAPFRE, with the terms and conditions being negotiated using blockchain technology. Structured bonds are negotiable assets with a fixed maturity and a return based on interest rates, shares, an index, or an exchange rate.
Professional ice hockey team Los Angeles Kings (LA Kings) launched an Augmented Reality (AR) Blockchain authentication platform for fans to authenticate the professional sports merchandise and memorabilia they purchase. LA Kings launched the AR Authentication App in partnership with Canada-based Pro Exp Media Inc.
The Galaxy S10 smartphone that Samsung Electronics released as part of its latest Galaxy series, comes with a security system specifically designed to store digital currencies. The South Korean manufacturing giant's proprietary Samsung Knox security system, which stores blockchain-based private keys, has been installed in the new phone. "Galaxy S10 is built with defense-grade Samsung Knox, as w
Here is a summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Japanese general trading company Marubeni Corp. is partnering LO3 Energy to apply blockchain technology to administer the energy marketplace, particularly renewable energy. The two have commenced a pilot project in Japan to evaluate the network and develop case examples to make a decision on how and when the project could be widely implemented.
US cryptocurrrency exchange Coinbase acquired the blockchain intelligence start-up company Neutrino. Coinbase said, "By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples' accounts, investigate ransomware attacks, and identify bad actors". "It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance wit
A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Hyundai Commercial, the finance arm of South Korean car makers Hyundai and Kia Motors, is partnering technology giant IBM to apply blockchain technology to modernize its business model. The announcement was made during IBM Think 2019, IBM's annual conference focused on technology and business.
Oman's Bank Dhofar is now among the first few financial institution from the Middle East to join Ripple's enterprise blockchain network RippleNet to enable faster and secure real-time cross-border transactions for its clients. With this move, Bank Dhofar aims to help non-resident Indian's (NRI's) living and working in the Sultanate of Oman to easily, cheaply and instantly send money back home.
China-based bitcoin mining giant Bitmain Technologies Limited announced the launch of its next generation 7 nanometer or nm ASIC chip for mining cryptocurrencies such as Bitcoin and Bitcoin Cash. The mining hardware, BM1397, is designed to bring a better mining experience and aims to set a new benchmark in ASIC chip technology.