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Category: BCTECH

Keeping you at the forefront of Blockchain technology, delivering definitive news about new developments, dapps and all things BCTECH.

privacy on the public blockchain ethereum BCTECH NEWS 

EY Builds World’s First Enterprise Solution to Secure Privacy on the Public Blockchain Ethereum

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‘Big Four’ professional services firm, Ernst & Young (EY) has launched its prototype of a groundbreaking enterprise blockchain product that has integrated Zero-Knowledge Proof (ZKP) technology to secure privacy on the public blockchain Ethereum. Entitled ‘EY Ops Chain Public Edition’ (PE), the professional services giant intends to boost the adoption of blockchain technology by negating the need to build or join various permissioned, private networks.  EY’s Global Innovation Leader of Blockchain, Paul Brody stated: “The biggest challenge for enterprises’ blockchain adoption is the ability to on-board business partners into their private or consortium blockchain…

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worlds biggest blockchain consortiums BCTECH NEWS 

Worlds Biggest Blockchain Consortiums Ethereum’s EEA and Hyperledger Join Forces

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In an unprecedented move, two of the worlds biggest blockchain consortiums, Enterprise Ethereum Alliance (EEA) and Linux Foundation’s Hyperledger Project have joined forces to excel the adoption of blockchain technology in the enterprise sector. Announced in a jointly authored news release by Hyperledger Executive Director, Brian Behlendorf, and EEA Executive Director, Ron Resnick, the two confirmed that they have agreed to collaborate and are formally joining each other’s organisations as Associate Members, stating: “The collaboration between our organisations will further accelerate adoption of blockchain technologies for business.” The EEA, launched in early 2017,…

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blockchain trust protocol BCTECH NEWS 

LinkedIn Co-Founder Launches ‘Hub’ a New Blockchain Trust Protocol Network

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Eric Ly, Linkedin co-founder launches ‘Hub’ a new blockchain trust protocol network that aims to provide people with verified portable reputation data, to encourage more trustworthy online interactions and transactions. Hub, refers to itself as a ‘human trust protocol’, to some extent it is like an Experian rating system for your integrity, loyalty and trustworthiness, as opposed to just your financial management capabilities. By facilitating connections between users on the internet in areas such as messengers, online communities, social networks, and peer-to-peer marketplaces, Hub aims to make it easier for users…

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Dfinity to Disrupt Cloud Computing BCTECH NEWS 

Major Venture Capital Firms Invest $102 Million in Dfinity to Disrupt Cloud Computing

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Andreessen Horowitz and Polychain have led a founding round which has seen major venture capital firms invest $102 million in DFINITY to disrupt cloud computing with its blockchain-based ‘internet computer’. With its foundation based in Zug, Switzerland’s blockchain hub, the Dfinity team working from Palo Alto aims to reinvent computing by replacing large platforms like Amazon Web Services (AWS) and Microsoft Azure with a decentralised alternative. The not-for-profit organisation believes that by creating millions of nodes that will collectively serve as a public computing resource, its technology could cut the costs of running…

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blockchain advertising protocol BCTECH NEWS 

Softbank and Baidu Invest in Ex Google Employees Blockchain Advertising Protocol

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Major investors, SoftBank China Venture Capital (SBCVC) and Baidu Ventures (BV) have led a seed round for Atlas Protocol (ATP), a startup company founded by ex Google employees, that aims to create a new blockchain advertising protocol. ATP, incubated by Nebulas Labs and the xGoogler Blockchain Alliance (xGBA), is using blockchain technology to change the dynamics of the digital marketing industry, with a new ‘interactive’ advertising ecosystem. Currently, online marketing companies do not provide users with any control over their collected data, and with Europe’s new General Data Protection Regulation (GDPR), it has become…

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aidtech worlds first blockchain baby BCTECH NEWS 

World’s First Blockchain Baby is Registered for Care with AID:Tech and PharmAccess

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Startup blockchain aid organisation AID:Tech makes history by registering the world’s first blockchain baby in Tanzania, in partnership with Dutch organisation PharmAccess, in an effort to improve access to healthcare throughout Africa. Entitled Chain of Trust (CoT), the project has already attracted a flurry of investment from Techstars, Enterprise Ireland, SGI Innovate, and angel investor, Jason Calacanis. Named by the United Nations as a Sustainable Development Goal Pioneer, AID:Tech is now looking to launch their own Transparency as a Service Token (TaaST).

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blockchain to track ad data budweiser kiip BCTECH NEWS 

InBev, the World’s Largest Brewer Puts Budweiser on the Blockchain to Track Ad Data

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The world’s largest brewer, AB InBev partners with Kiip to launch the world’s first blockchain powered mobile ad campaigns. Using Ethereum, Kiip’s ‘Single Ledger’ mobile marketing product will enable all players in the mobile ad sales chain to view and audit campaign data directly, bringing an end to fraudulent reporting by third parties and ad servers. Beginning with Budweiser, Bud Light, Michelob Ultra and Estrella, InBev says it is “disrupting existing paradigms through innovation and putting consumers at the heart of everything.”

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BCTECH NEWS 

Adblock Plus Identify Fake News using Blockchain Technology

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Adblock Plus are launching TrustedNews, identifying fake news using blockchain technology. Partnering with MetaCert, the largest anti-fraud and URL registry, the browser ‘add-on’ marks for trustworthiness and labels media for fake news.

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art market with blockchain andy warhol BCTECH NEWS 

Revolutionising the Multi-Million Pound Art Market with Blockchain and Andy Warhol

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Blockchain startup, Maecenas aims to transform the $65 billion art market, beginning with a multi-million pound Andy Warhol piece, to be sold in a tokenised auction sale taking place in London. Ownership of a work of art will be placed onto the blockchain, utilising it’s immutable ledger technology to create tamper proof certificates, that can be bought and sold in fractions, or shares. Notoriously, an industry reserved for the super rich, Marcelo Garcia Casil, Founder of Maecenas said it is aimed at “democratising access to fine art” for all.

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world's biggest ico EOS BCTECH NEWS 

World’s Biggest ICO Raises $4 Billion to Build the EOS Blockchain dApps Network

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Block.one completed the world’s biggest initial public offering (ICO), raising a massive $4 billion to build the EOS blockchain dApps Network. Some of the blockchain community are sceptical of the claims to eliminate user fees, ensure blockchain governance, and streamline usability by scaling to millions of transactions per second. However, even without knowledge of how the capital would be used, excitement around the ICO managed to keep momentum throughout it’s one year long ICO period and is now live.

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ben and jerrys blockchain climate change BCTECH NEWS 

Ben & Jerry’s Launches Blockchain Climate Change Initiative with Poseidon

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Ben & Jerry’s launch a blockchain climate change initiative in partnership with Poseidon. The world’s first digital retail platform connecting consumers with their own carbon footprint, will be launched in London. Poseidon have developed a technology that breaks carbon credits down into microtransactions, so each scoop of ice cream is accounted for. Carbon credits is one of the world’s biggest markets, worth €49 billion ($54.7 billion) in Europe alone. Until now, they could only be bought in bulk by large companies.

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Deloitte report retail with blockchain technology BCTECH NEWS 

Deloitte Reports, Big Changes are Coming Soon to Retail with Blockchain Solutions

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‘Big Four’ auditing firm Deloitte has released a report that reveals that blockchain technology is set to “revolutionise” consumer packaged goods and retail. Deloitte’s Steve Larke stated “Retail and CPG businesses need to act now and plan for future blockchain adoption, or risk being left in the dust.” Deloitte’s own competitor PwC, recently partnered with Vechain on their authenticating IoT blockchain platform, and many companies such as Samsung, are trialling blockchain supply chain solutions.

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enterprise blockchain standard BCTECH FTSE / NASDAQ NEWS 

500 Companies Unite to Create World’s First Enterprise Blockchain Standard

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Uniting 500 companies, the Enterprise Ethereum Alliance (EEA) has released the world’s first enterprise blockchain standard, which promises to streamline transactions, whilst also increasing privacy. Entitled ‘Enterprise Ethereum Client Specification 1.0’ it is set to transform entire industries.

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healthcare blockchain platform BCTECH NEWS 

Revolutionary Healthcare Blockchain Platform is Launched by Medicalchain

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UK-based Medicalchain has launched a revolutionary healthcare blockchain platform MyClinic.com. Utilising Hyperledger Fabric, it enables patients to complete cross-border video consultations with doctors. The company has been working closely with the NHS, the world’s largest publicly funded health service with one of the most comprehensive health datasets in existence. MyClinic.com is the companies first blockchain application to launch. Incorporating Medicalchain’s blockchain based Health Passport, it aims to improve access to healthcare and uses their MedTokens (/MTN) for payment.

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PwC invests in Blockchain BCTECH NEWS 

‘Big Four’ Giant PwC Invests in Blockchain Start-Up VeChain

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One of the ‘big four’ auditors and accounting firms in the world, PwC partners with blockchain start-up VeChain, a China-based Internet of Things (IoT) and blockchain technology company. It acquired a small ownership interest in May 2018, via it’s Hong Kong and Singapore subsidiaries. The strategic partnership has the potential to put PwC ahead of it’s ‘big four’ competitors, Deloitte EY and KPMG. 

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htc blockchain phone BCTECH NEWS 

HTC to Release a Blockchain Phone This Year

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HTC announces its new blockchain phone ‘Exodus’, it will serve as both a mobile connecting point to blockchain networks and a storage device for cryptocurrencies. Heading the blockchain initiative is HTC Vive founder, Phil Chen, who said they are looking to integrate protocols like ethereum and DFinity within the blockchain phone. HTC aims to start distributing the device with an unprecedented ‘pre-sale’ exclusively to the crypto community, accepting bitcoin and ethereum as payment. He stated: “We’re looking to ship by the end of this year”.

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coca cola to use blockchain BCTECH NEWS 

Coca-Cola to use Blockchain to Fight Forced Labour Worldwide

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Coca-Cola, the US State Department and two other companies have partnered to create a secure global blockchain registry for workers, in the fight against forced labour worldwide. Food and beverage companies are under pressure to address the risk in countries where they obtain sugarcane. Coca Cola says it is exploring multiple blockchain projects and has committed to undertake 28 country-level studies on child labour, forced labour and land rights for its sugar supply chains by 2020. Bitfury will build the platform for this project, together with Emercoin to provide blockchain services.

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blockchain for nhs google BCTECH NEWS 

Developing Blockchain for the NHS

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Companies developing blockchain for the NHS, the world’s largest publicly funded health service with one of the most comprehensive health datasets in existence.  Google’s DeepMind have been working with the NHS since 2015, they confirm they are developing tools using blockchain and AI. Medicalchain is a startup created with Hyperledger Fabric, the highly anticipated platform is Co-Founded by an NHS Doctor and is already piloting. MedicalChain have received support and raised $30 million in their recent MedToken ICO.

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blockchain technology BCTECH NEWS 

Blockchain Technology Explained

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Blockchain Technology:  To this day, we only know that Satoshi Nakamoto is the name used by the unknown person or people who designed the first blockchain to support the Bitcoin cryptocurrency launched in 2008. OK so what is it? Blockchain is a Distributed Ledger Technology (DLT). 

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