privacy on the public blockchain ethereum BCTECH NEWS 

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

‘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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FTSE / NASDAQ NEWS 

Ubisoft Leads $36 billion Gaming Industry to Adopt Blockchain With ConsenSys and New Alliance

One of the worlds largest game publishers, Ubisoft leads the gaming industry to adopt blockchain technology with the newly formed Blockchain Game Alliance (BGA) that includes Ethereum venture studio ConsenSys and a plethora of blockchain gaming companies. Announced at the first-ever Blockchain Game Summit in Lyon, which was sponsored by Ubisoft, the BGA will provide an open forum for knowledge-sharing and collaborative research, creating industry standards and best practices for gaming applications that rely on distributed ledger technology (DLT)  The BGA website states: “Our ultimate goal is to help spread the integration of…

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worlds biggest blockchain consortiums BCTECH NEWS 

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

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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jpmorgan blockchain platform to rival r3 FTSE / NASDAQ NEWS 

75 Major Banks Join JPMorgan Blockchain Platform to Rival R3 and Fintech Startups

More than 75 multinational banks have joined the JPMorgan blockchain platform to rival R3, or any other company outside of the banking sector, in a bid to keep payments ‘in-house’ via the Interbank Information Network (IIN). JPMorgan, the largest bank in the U.S., departed from the R3 consortium after a year’s membership, and together with the Royal Bank of Canada and the Australia and New Zealand Banking Group (ANZ), in October 2017 they began developing the IIN payments platform. Built using JPMorgan’s Ethereum-based private blockchain Quorum, in partnership with development studio EthLab, the…

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r3 chorum venture studio FTSE / NASDAQ NEWS 

RBS Blockchain Team Jumps Ship to Start R3 Chorum Venture Studio Project

Members of Royal Bank of Scotland’s (RBS) blockchain team have announced that they are leaving to launch an R3 Chorum venture studio, a project that aims to do for Corda what ConsenSys is doing for Ethereum. Richard Crook, former head of the RBS innovation team has made the move, taking with him engineers Mark Simpson, Ben Wyeth and Farzad Pezeshkpour. Crook and his team were responsible for developing the Cordite token project on R3‘s Corda platform, which RBS led in a bid to create a generic crypto asset blockchain system for the banking…

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bmw selects blockchain startup bloom FTSE / NASDAQ NEWS 

BMW Selects Blockchain Startup Bloom to Develop Customer Lending Solution

German automotive giant, BMW selects blockchain startup Bloom to develop customer lending solutions with the aim of streamlining its financial services for its customers. Launching a ‘BMW Financial Services Collaboration Lab’ (BMW FSCL), Bloom together with five other start-ups shortlisted from 212 applicants, will collaborate in a 10-week lab at BMW Financial Services’ offices in Hilliard, Ohio, to further develop their ideas, alongside leading subject matter experts in the automotive and financial sectors. The BMW FSCL aims to digitalise the customer journey, critical areas that the the program will focus on…

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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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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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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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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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Baidu launches a blockchain image app FTSE / NASDAQ NEWS 

China’s Biggest Search Engine Baidu Launches a Blockchain Image App called ‘Totem’

China’s biggest search engine, Baidu goes live with its blockchain image app ‘Totem’, marking the first blockchain application released on its private XuperChain network. The copyright platform incorporates a ‘Totem Point’ token as an incentive for users validating their images. With established relationships in the copyright industry, bringing in over 10 billion yuan a day, Baidu is aiming to take the lead in the picture copyright industry, and looks to expand to other digital media assets, such as videos by the first quarter of 2019.

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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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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 Infrastructure FTSE / NASDAQ NEWS 

Microsoft and Digital China Partner to Launch Enterprise Blockchain Infrastructure

Microsoft and Digital China, the largest IT service provider in China, partner to launch enterprise blockchain infrastructure to the South East Asia region. Completing the three-party alliance is High Cool, a leading cloud management service provider in Taiwan. Sun Yutao, the founder of Digital China believes blockchain needs to be combined with IoT, biometrics and artificial intelligence (AI) in order to thrive. In January this year, Microsoft launched its AI R&D base in Taipei City, and is investing US$33 million in its offices.

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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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blockchain to track ad data budweiser kiip BCTECH NEWS 

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

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

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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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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