FTSE / NASDAQ NEWS 

IBM Blockchain Payments Platform ‘World Wire’ Goes Live Powered by Stellar

The IBM blockchain payments platform has officially been taken out of beta and is now live, entitled ‘Blockchain World Wire’, it is powered by the Stellar network, with whom it has been working with since October 2017. ‘World Wire’ aims to provide financial institutions with ‘a new way to move money’, according to the website it states that it can: “simultaneously clear and settle cross-border payments in near real-time” Essentially, the IBM blockchain payments platform is designed to negate the time heavy and costly intermediary processes that international payments systems have traditionally…

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blockchain to fight fake news NEWS REGULATORS 

Social Media Giant Twitter Looking into Blockchain to Fight Fake News Says CEO Dorsey

Jack Dorsey, CEO of the social media giant Twitter, testified before a U.S. Congressional committee on Wednesday, confirming that Twitter is considering the use of blockchain to fight fake news and prevent online scams. U.S. Congress is currently probing into the potential political bias among tech giants Twitter, Google and Facebook, questioning CEO’s such as Dorsey and Zuckerberg of Facebook, to identify what steps they are taking to prevent future election meddling. Doris Matsui, a representative of California, questioned Dorsey during a House Committee on Energy and Commerce hearing about user…

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pwc is launching a blockchain course INFLUENCERS NEWS 

‘Big Four’ PwC is launching a Blockchain Course for 1000 Staff to Meet Clients Needs

One of the worlds ‘Big four‘ professional services firms, PriceWaterhouseCoopers (PwC) is launching digital training programs for its employees, within which PwC is launching a blockchain course to boost knowledge and meet its clients needs. Set to begin in January, the two-year digital skills course, entitled “Digital Accelerators”, will train 1,000 employees on everything from cleansing data and drones, to blockchain technology and 3D printing. Digital talent leader at PwC and head of the program, Sarah McEneaney explained that PwC clients expect things more digitally in order to control their costs,…

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blockchain automotive supply chain FTSE / NASDAQ NEWS 

Auto Giant UMVA China Partners with Guardtime’s Aletheia for a Blockchain Automotive Supply Chain

China’s largest auto industrial supply service platform, UMVA-China has partnered with Aletheia, the Chinese arm of Guardtime, to develop enterprise level blockchain automotive supply chain solutions. Many of the world’s largest manufacturers including Ford, Volkswagen, Mercedes-Benz, Volvo, Toyota and Chevy are clients of UMVA-China, for which it provides a comprehensive service that includes supply chain finance, cloud logistics, big data and supply chain intelligence. UMVA-China is a joint venture of Gongqing Journey Fund, Fuerda, Huaxiang Electronics, Daylight Group and other leading auto parts companies, and plays a major role in connecting the automobile industry…

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FTSE / NASDAQ NEWS 

Google Expands Big Data Analytics Tool to Explore Ethereum Blockchain

Internet search giant, Google expands its Big Data analytics tool to explore Ethereum blockchain using BigQuery, a web service that provides interactive analysis of massively large data-sets, powered by Google Storage. Chrome users are now able to access a daily dose of all of the data stored on Ethereum’s blockchain, by way of BigQuery, a new Google plugin that provides visuals and a variety of tools for analysing the Ethereum platform. In a blog post announcement made on Saturday, the tech behemoth explained that until now, there have only been app platforms for checking transaction status or…

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global blockchain patent rankings FTSE / NASDAQ NEWS 

Alibaba and IBM Top the Leader Board for Global Blockchain Patent Rankings

Tech giants Alibaba and IBM top the leader board for global blockchain patent rankings, according to a new report by iPR Daily, a global technology media outlet that specialises in intellectual property (IP) ecosystems. The research, published on Friday by iPR Daily, ranks entities by patents filed.  It stated that it consolidated data as of August 10 from across China, the EU, America, Japan and South Korea, consulting the International Patent System from the World Intellectual Property Organisation (WIPO). The report shows that the Chinese internet giant Alibaba managed to seal the top position with its 90 patent applications focused on blockchain-related…

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blockchain trust protocol BCTECH NEWS 

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

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

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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associated press partners with blockchain startup FTSE / NASDAQ NEWS 

News Giant, Associated Press Partners with Blockchain Startup Civil for Journalism

One of the world’s largest and oldest news agencies, Associated Press partners with blockchain startup Civil to develop technology that will enable the flow of newsroom content to be tracked, and licensing rights enforced. According to an official announcement, Associated Press (AP) will deliver its national and international news content to the Civil blockchain platform, which will afford AP the immutability of blockchain technology when licensing it’s content directly to any newsroom wishing to access it. AP’s senior vice president for strategy and enterprise development, Jim Kennedy, stated: “AP has been…

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nasdaq and blockchain startup anquan FTSE / NASDAQ NEWS 

Deloitte, Nasdaq and Blockchain Startup Anquan Partner for Singapore Stock Exchange

Singapore’s central bank has signed a deal bringing together ‘big four’ accounting and services firm Deloitte, Nasdaq and blockchain startup Anquan for the Singapore Stock Exchange (SGX) to ease digital asset settlements using blockchain technology. The aim is to develop Delivery-versus-Payment (DvP) capabilities, a commonly used procedure for settling trades of securities, across different blockchain platforms.  MAS’ chief fintech officer, Sopnendu Mohanty cited that the “involvement of three prominent technology partners highlights the commercial interest in making this a reality.” According to an announcement by the Monetary Authority of Singapore (MAS) and SGX, the…

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UEFA Super Cup tickets using blockchain technology FTSE / NASDAQ NEWS 

UEFA Successfully Distributes Super Cup Tickets Using Blockchain Technology

The Union of European Football Associations (UEFA) has confirmed that they successfully trialled the distribution of Super Cup tickets using blockchain technology, for last week’s football match between Real Madrid and Atlético Madrid held in Tallinn, Estonia. This was not the first live trial however, as well as several other football matches, the blockchain ticketing system was used to distribute 50% of tickets available to the general public, for the 2018 Europa League final in Lyon between  Atlético Madrid and Marseille. It was following the success of those tests, that EUFA implemented the…

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Insurance blockchain consortium FTSE / NASDAQ NEWS 

Enterprise Giants Accenture and EY Join Insurance Blockchain Consortium RiskBlock

Insurance blockchain consortium RiskBlock appears to be getting set to launch a number of major trials, with it’s recent announcements on bringing enterprise giants Accenture and Ernst & Young (EY) on-board. The RiskBlock Alliance was launched in July of 2017 by The Institute, the world’s leading not-for-profit provider of education and research for risk management and insurance. To date, it has brought 30 global insurers, reinsurers and brokers together as members of the consortium, with the aim of utilising blockchain technology to streamline processes, reducing industry and consumer costs, whilst improving safety…

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blockchain advertising protocol BCTECH NEWS 

Softbank and Baidu Invest in Ex Google Employees Blockchain Advertising Protocol

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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$24 billion deal for china's electric buses FTSE / NASDAQ NEWS 

Blockchain Company Seven Stars Cloud Wins $24 Billion Deal for China’s Electric Buses

Blockchain focused fintech company, Seven Stars Cloud has won a $24 billion deal for china’s electric buses to be upgraded, in order to meet the governments plan to replace all buses with electric buses by 2021. As stated in a press release published on Monday, Seven Stars Cloud Group (SSC), a publicly traded company on Nasdaq, has signed a three year exclusive contract with China‘s biggest electric bus operator, National Transportation Capacity Co Ltd (NTS). The deal will see SSC manage two funding campaigns to raise $8.75 billion in China, and the other open to…

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blockchain insurance data platform NEWS REGULATORS 

Major US Insurance Advisory AAIS and IBM Pilot Blockchain Insurance Data Platform

One of only two major ‘rating bureaus’ in the US, the American Association of Insurance Services (AAIS), has partnered with IBM to launch a blockchain insurance data platform. Entitled Insurance Data Link (openIDL), it aims to simplify regulatory reporting for insurance carriers, which currently requires time-consuming data calls across various parties. Several major US insurers are being on-boarded, and AAIS is reported to be targeting carriers and organisations of “every size and configuration”.

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goldman sachs investment in enterprise blockchain startup axoni FTSE / NASDAQ NEWS 

Goldman Sachs Leads Major Investment in Enterprise Blockchain Startup Axoni

Goldman Sachs and Nyca Partners, have led a funding round raising $32 million for a major investment in enterprise blockchain startup Axoni. The Series B funding round brought together the biggest names of Wall Street, such as Wells Fargo, J.P. Morgan, Citigroup, and Franklin Templeton, with numerous high-profile blockchain investors, including Digital Currency Group, Andreessen Horowitz, and Y Combinator. Axoni, founded in 2013, aims to use the funding to complete the transfer of some of the largest financial infrastructures in the world to its Ethereum-based blockchain technology.  Greg Schvey, CEO of Axoni said:…

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caribbean central bank to pilot blockchain currency FTSE / NASDAQ NEWS 

Another Caribbean Central Bank to Pilot Blockchain Currency with Overstock’s Bitt

Just months after signing the Eastern Caribbean Central Bank (ECCB) to pilot a blockchain currency, Overstock-owned startup Bitt is now partnering with the Centrale Bank van Curaçao en Sint Maarten to do the same. Much like the ECCB, that covers 11 countries in the Caribbean, the project aims to increase efficiency for financial transactions between the islands. With the pilot set launch next year, within controlled environments that are supervised by the bank, the results could lead to the issuance of a digital currency for the region.

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first ever blockchain bond - world bank NEWS REGULATORS 

World Bank and CBA to Issue First Blockchain Bond with Ethereum and Microsoft

In a major announcement, the World Bank is preparing to issue the first blockchain bond to the Commonwealth Bank of Australia (CBA) on a private Ethereum-based blockchain, which will run on Microsoft Azure’s cloud platform. Currently, the World Bank issues between US$50-US$60 billion annually in bonds for sustainable development. It says that blockchain technology has the potential to “help simplify raising capital and trading securities; improve operational efficiencies; and enhance regulatory oversight”

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comcast blockchain advertising FTSE / NASDAQ NEWS 

Comcast Blockchain Advertising Platform Developing with Disney, Channel 4 and TF1

The second-largest multichannel video service provider in the US, Comcast is developing a blockchain video advertising platform in collaboration with major TV networks from around the world, including NBCUniversal, Disney, Altice USA, Channel 4, Cox Communications, Mediaset Italia and TF1 Group. Entitled the ‘Blockchain Insights Platform’, it aims to streamline and improve security using blockchain technology in the process of data sharing for ad’ planning, buying and tracking premium video advertising. Set to launch this year, Comcast believe that it will “ultimately create even more value for the television advertising industry”.

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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

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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