FTSE / NASDAQ NEWS 

AT&T Launches Enterprise Blockchain Solutions With IBM and Microsoft Azure

The world’s largest telecommunications firm, AT&T launches enterprise blockchain solutions in collaboration with technology from IBM Blockchain and Microsoft Azure. According to the announcement on Wednesday, AT&T is offering a suite of blockchain services that have been designed to help businesses automate and digitise processes using blockchain technology. The AT&T news release states that it will be merging the nascent technology with its “edge-to-edge capabilities” such as its Internet of Things (IoT) services to add automation and monitoring, enabling advanced permission-based blockchain supply chain capabilities. Targeting clients within the manufacturing, retail and healthcare industries, the U.S. based…

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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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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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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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enterprise blockchain standard BCTECH FTSE / NASDAQ NEWS 

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

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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PwC invests in Blockchain BCTECH NEWS 

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

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

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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blockchain trade finance transaction FTSE / NASDAQ NEWS 

HSBC Completes Blockchain Trade Finance Transaction on Corda Platform

HSBC says it has completed the world’s first ‘commercially viable’ blockchain trade finance transaction with Dutch lender ING, for the U.S. food and agricultural group Cargill. HSBC’s claim that the Corda blockchain platform, developed by blockchain start-up R3, is ready for commercial use by the $9tn market for trade finance. Vivek Ramachandran, HSBC’s head of innovation and growth for commercial banking said, “The next stage is actually encouraging as many participants as possible to sign up to the utility”.

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oracle blockchain product FTSE / NASDAQ NEWS 

Software Giant Set to Launch Oracle Blockchain Product

Oracle, one of the world’s largest software companies, are launching a blockchain “enterprise level ‘platform-as-a-service’ product this month, and decentralised ledger based applications next month.” Thomas Kurian, President of Software Development, said “Oracle’s products will also be pitched to pharmaceutical companies to track and trace batches of medicine, which may potentially ease recalls.” He added that they are already working with clients on projects, such as the government of Nigeria to use blockchain for their customs and import duties, and a hyperledger project with Banco de Chile.

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facebook sparks blockchain for social networks FTSE / NASDAQ NEWS 

Facebook Data breach, sparks discussion on blockchain for social networks

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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Google-blockchain-article INFLUENCERS NEWS 

Google is ‘actively looking’ at Blockchain Technology, Senior VP of Ads confirms

Google has a dedicated team looking at blockchain technology and ways to incorporate it within their products and services, says Vice President of Ads and Commerce. Sridhar Ramaswamy, Google’s most senior advertising executive, confirmed that the they have appointed a small team to look at how the Distributed Ledger Technology (DLT) can be used for their digital products and services.

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