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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blockchain car financing platform FTSE / NASDAQ NEWS 

Deutsche Bank, Allianz and Auto1 to Launch Blockchain Car Financing Platform

Europe’s largest car buyer, Auto1 has partnered with Deutsche Bank and Allianz to create a blockchain car financing platform entitled ‘Auto1 Fintech’. As a major supplier to the commercial used vehicle market, Auto1 works with 45,000 dealers across 30 countries, generating a turnover of 1.5 billion euros per year. Collectively owning more than fifty percent, the three German companies aim to streamline the financing and insurance process, from two weeks to a few seconds utilising blockchain technology.

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FTSE / NASDAQ NEWS 

Telecom Giants Telefonica, Telstra, Colt and BT Trial Blockchain with Startup Clear

Major global telcos including Telefonica, Telstra, Colt and BT trial blockchain with startup company Clear to complete a live international PoC, that aims to dramatically reduce both time and costs for the telecom industry. In March, Colt and PCCW Global carried out the first PoC trial that successfully reduced inter-carrier settlement time from hundreds of man-hours per month to less than a minute. “Intercarrier settlement is an area where fraud costs $17 billion annually for operators”

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coinbase launches crypto gift cards NEWS REGULATORS 

Coinbase Launches Crypto Gift Cards for Major Retailers in Partnership with WeGift

One of the world’s biggest cryptocurrency exchanges, Coinbase launches crypto gift cards for its European customers, enabling them to purchase goods and services using their crypto assets with over 120 major brands including Amazon, Tesco, M&S, Thomas Cook and Uber. The new feature comes a few months after securing an e-money license from the UK’s financial regulator. Partnering with digital gift card startup WeGift, customers can convert upto $5000 per day of their cryptocurrency stored in their Coinbase wallets into gift cards.

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google blockchain cloud service launches FTSE / NASDAQ NEWS 

Google Blockchain Cloud Service to launch with Startups Digital Asset and BlockApps

Google’s blockchain cloud service launched today at its Cloud Next ’18 conference in San Francisco. Unlike fellow tech giants Microsoft and Amazon, it has not launched directly with Hyperledger and Ethereum. Instead it has partnered with blockchain startups BlockApps and Digital Asset, both specialising in enterprise level solutions. Although Google is one of the last cloud giants to offer blockchain, it was also the second most active blockchain investor between 2012 and 2017. Unnamed sources have previously said that Google is working on its own distributed ledger.

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blockchain financial reporting big four FTSE / NASDAQ NEWS 

The Worlds ‘Big Four’ Accountancy Firms Join to Trial Blockchain Financial Reporting

The world’s largest accountancy firms, Deloitte, EY, KPMG and PwC join a consortium of 20 major banks trialling a revolutionary blockchain financial reporting service. Developed by the Taiwanese banking consortium, with the cooperation of Taiwan’s FISC, the platform aims to streamline ‘external confirmation’ processes for auditing companies, from “half a month” to “within a day”. The ‘big four’ will begin with the pilot in Taiwan, with expansion of the trial set for next year to include over 1,400 publicly-listed companies in China.

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saudi arabia selects ibm to develop blockchain NEWS REGULATORS 

Saudi Arabia Selects IBM to Develop Blockchain for the City of Riyadh

In a major contract with oil rich Saudi Arabia, IBM have been selected to develop blockchain for the Municipality of its capital city Riyadh, integrating both government and commercial services for its 7 million citizens and residents. IBM have been instructed to work closely with the municipality’s technology partner, Elm. The blockchain initiative is in line with the Saudi Vision 2030 program, a plan enacted by Crown Prince Mohammad bin Salman in 2016, and is focused on reducing the country’s dependence on oil revenue by diversifying the economy.

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delaware signs ibm to build a blockchain filing system NEWS REGULATORS 

Leading U.S. Business State, Delaware Signs IBM to Build a Blockchain Filing System

In a $738,000 deal without competitive bidding, the corporate friendly U.S. state of Delaware signs IBM to develop a blockchain filing system prototype on its Hyperledger Fabric blockchain. Delaware aims to utilise blockchain technology to assist business registration, and allow corporations to take advantage of smart contracts to automatically track stocks and collateral assets in real time. With more than half of all U.S. publicly traded companies, and two thirds of the fortune 500 incorporated in the state, it is a significant move.

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fast track blockchain service fujitsu FTSE / NASDAQ NEWS 

Tech Giant Fujitsu to Launch a ‘Five Day’ Fast Track Blockchain Service

Global tech giant and founding member of Hyperledger, Fujitsu is launching a new fast track blockchain service to deliver a “ready-to-go” product in just five days. Priced from €9,900, the consultancy aims to offer customers a way to identify and utilise blockchain technology, encouraging a ‘proof of business’ as opposed to a ‘proof of concept’ approach. It will be available throughout EMEIA from Fujitsu’s Blockchain Innovation Centre in Belgium, from where it aims to enable the development of “the city of the future.”

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enterprise blockchain platform the netherlands kpn microsoft unchain.io FTSE / NASDAQ NEWS 

Microsoft and KPN team with Dutch Startup Unchain.io to Create an Enterprise Blockchain Platform

Microsoft and KPN, one of the biggest ICT service providers in The Netherlands, have teamed up with the Dutch blockchain startup, Unchain.io to create an enterprise blockchain platform. KPN provide key services to much of The Netherlands infrastructure, from government and healthcare, through to commercial industry. Through this partnership it aims to run a fast-track platform for enterprise-level clients, in order to accelerate the adoption of blockchain in The Netherlands.

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FTSE / NASDAQ NEWS 

Walmart is Looking to Revolutionise Package Deliveries with Blockchain Technology

On Thursday, a proprietary U.S. patent was released for the world’s largest discount retailer, Walmart. Its ‘Smart Delivery’ patent, aims to give package delivery lockers an immutable node within a blockchain network. Together with a patent for its ‘Smart Package’, a blockchain-based tool that will integrate autonomous vehicles and unmanned drones, Walmart is gearing up to dramatically revolutionise package deliveries, with blockchain bringing the final missing piece of technology to its plan.

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European Banks Complete First Blockchain Financial Trades FTSE / NASDAQ NEWS 

Nine Major European Banks Complete First Blockchain Financial Trades with ‘we.trade’

A consortia of nine major European banks including HSBC, Santander and Société Générale, have announced the successful completion of the first ten blockchain financial trades, made using their jointly developed blockchain platform, we.trade. The trade solution, built on IBM’s Hyperledger Fabric blockchain, is aimed to be a game changer for SME commercial banking clients within Europe. Available across eleven countries, COO Roberto Mancone confirmed it will begin licensing to other banks over the coming months, expanding its reach globally.

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banking industry to launch crypto tokens FTSE / NASDAQ NEWS 

RBS Leading Banking Industry to Launch Crypto Tokens with R3’s Corda Technology

RBS, one of the world’s 30 largest financial institutions, has confirmed that it has been leading a consortia of banks to develop an enterprise blockchain standard platform entitled Cordite, which will allow the banking industry to launch crypto tokens on one network. Utilising the coding of R3 Corda blockchain technology, the open source CorDApp aims to do what the ERC-20 standard did for Ethereum, ensuring that all tokens adhere to a set of functions, anywhere within the Cordite system.

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World Economic Forum awards blockchain startup Everledger INFLUENCERS NEWS 

World Economic Forum Awards Blockchain Startup Everledger as Technology Pioneer 2018

World Economic Forum awards blockchain provenance platform ‘Everledger’ as Technology Pioneer for 2018. Everledger is best known for tracking diamonds, and currently has over 2 million diamonds cryptographically-certified on the blockchain. By employing its solution to track the provenance of high-value assets and luxury goods, it aims to provide an immutable history of an asset’s authenticity, existence and ownership. Working with insurance and governing bodies, it aims to disrupt fraud, money laundering and the global counterfeit goods market, valued at over US $460 billion a year.

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blockchain content rights microsoft EY FTSE / NASDAQ NEWS 

Microsoft and EY Join Forces to Build World’s Biggest Enterprise Network with Blockchain Content Rights Platform

In a partnership with ‘big four’ consulting firm EY, Microsoft launch a blockchain content rights platform to manage the licensing process, and potentially become the world’s biggest enterprise network. The intellectual property of content generates millions of transactions per month, aggregating to billions of dollars in royalties. With the launch of the blockchain royalties platform, Microsoft and EY aim to majorly transform the value chain, cutting out the ‘middlemen’ and reducing the payment period from 45 days to just one.

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Sergio Ermotti, CEO of UBS believes blockchain technology INFLUENCERS NEWS 

Sergio Ermotti, CEO of UBS Believes Blockchain Technology is “almost a must” in Banking

Sergio Ermotti, CEO of Swiss financial services giant UBS believes blockchain technology is “almost a must” for banking. In an interview with CNBC on Monday, he revealed that he is convinced that the technology: “will be as crucial and disruptive, and changing as regulation was in the last 10 years.” Ermotti said the focus is on the future, as he sees the cost base of the banking industry transforming over the coming five to ten years, he stated: “The only way you can stay relevant is not only by being strong…

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ADX signs a blockchain deal FTSE / NASDAQ NEWS 

UAE Stock Exchange ADX Signs a Blockchain Deal with UK Startup EquiChain

Abu Dhabi Stock Exchange ADX signs a blockchain deal with UK fintech startup EquiChain, blockchain specialists for capital markets. The UAE has been leading the way in the oil rich region, several capital markets throughout the Arabian Gulf are looking at blockchain technology for their logistics and operations. The partnership with ADX, marks a high profile step for the company’s endeavours within the Middle East. It is one of four financial market infrastructures from the MENA region to join the working community.

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FTSE / NASDAQ NEWS 

Crypto Miners ‘Argo’ to be First Blockchain Company Listed on London Stock Exchange

Crypto mining as a service company (MaaS) Argo, is set to be the first blockchain company listed on London Stock Exchange this week. UK-Canadian company Argo Blockchain have built a data centre that runs off cheap, green hydro-power and will sustain mining at scale. With a team of just 20 people and a prolific angel investor, Gil Penchina involved, the company has stated that it expects to be valued at around £40 million, with the aim of raising £20 million in the listing.

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art market with blockchain andy warhol BCTECH NEWS 

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

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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sap launches blockchain FTSE / NASDAQ NEWS 

Global Enterprise Software Giant SAP Launches Blockchain Service

Global software giant SAP introduces Blockchain as a Service (BaaS) to its SAP Leonardo service, with Hyperledger Fabric and MultiChain. Through the inter-connectivity of emerging technologies such as artificial intelligence (AI) and the internet of things (IoT) into “one ecosystem”, SAP have outlined their plan to take on Salesforce in the CRM market. CEO, Bill McDermott stated that the company “was the last to accept the status quo of CRM, and is now first to change it. That’s a guarantee.”

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