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blockchain identity solutions for government deloitte and attest NEWS REGULATORS 

Deloitte Joins Startup Attest to Push Blockchain Identity Solutions for Governments

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The world’s largest professional services network, also known as one of the ‘Big Four’, Deloitte has partnered with blockchain startup company Attest Inc. to develop and push blockchain identity solutions for Governments. According to a press release on Monday by Deloitte, it will collaborate with the Chicago-based blockchain startup to develop a digital identity offering for its impressive list of Governmental clients, based on Attest‘s existing products. Founded in March 2018 by Cab Morris and Jennifer O’Rourke, two former employees of the Illinois State’s governing office, and leaders of its blockchain initiatives, Attest‘s shared…

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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

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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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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

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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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blockchain in pharmaceuticals FTSE / NASDAQ NEWS 

GSK is Fighting Fake Drugs with ConsenSys Startup ‘Viant’ for Blockchain in Pharmaceuticals

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One of the world’s biggest pharma companies, GlaxoSmithKline is working with Ethereum-based ConsenSys startup Viant to develop blockchain in pharmaceuticals. With the release of new regulations to protect U.S. consumers from fake, contaminated and stolen medications, the pilot could not have come at a better time. Furthermore, the immutable ledger aims to combat $200 billion in lost sales each year.

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NEWS REGULATORS 

EU and US Legislators Discuss Blockchain Regulations for Business

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EU and US legislators discuss blockchain regulations for business, agreeing that in the absence of official guidance, regulatory ‘sandboxes’ are the best approach. Eva Kaili of the EU said it may take a few years for the blockchain industry to be fully regulated. Meanwhile, US Rep David Schweikert said the ‘fog’ we are in now may actually be beneficial.”

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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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NEWS REGULATORS 

Sen. Hertzberg Introduces California Blockchain Bill 838 For Corporate Shareholders

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Senator Bob Hertzberg’s campaign for a ‘California Blockchain Bill’ has passed the Senate’s Banking and Financial Institutions Committee, with a recommendation to enact when it goes before the Senate Judiciary Committee in May. The Blockchain Bill ‘838’ will permit the use of blockchain technology for the issuance and transfer of corporate share certificates, alongside a record of a corporation’s stockholders details and their shares. This comes as an exciting step forward for California’s Silicon Valley.

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facebook sparks blockchain for social networks FTSE / NASDAQ NEWS 

Facebook Data breach, sparks discussion on blockchain for social networks

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Facebook’s data security breach has sparked discussions on a ‘permission-based’ decentralised blockchain for social networks. The recent data breach by Cambridge Analytica, a political consultancy that inappropriately obtained detailed information of over 50 million facebook profiles, has revealed how data can be exploited in the worst possible way.

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blockchain-summit-2018 NEWS REGULATORS 

US Rep Emmer warns Congress not to stifle Blockchain by over regulating

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U.S. Representative Tom Emmer is a member of The Congressional Blockchain Caucus, put together to investigate how blockchain technology can improve government services. In a discussion at the D.C. Blockchain Summit, Emmer sighted that Blockchain technology could drive the most significant change in society since the American Revolution, but only if regulators resist the temptation to be heavy-handed. 

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