oracle blockchain supply chain FTSE / NASDAQ NEWS 

Software Giant Oracle Rolls Out Blockchain Supply Chain Apps Using Hyperledger

One of the world’s biggest software companies, Oracle has released four new blockchain supply chain apps based on Hyperledger Fabric technology, designed to reduce the barriers for businesses to adopt blockchain technology. Integrating nascent technologies such as the Internet of Things (IoT) and artificial intelligence (AI) with blockchain, Oracle aims to provide increased transparency and improved traceability to supply chain management systems. The new business-ready product entitled ‘Oracle Blockchain Applications Cloud’ provides a suite of applications (apps) that intend to make it easy for businesses to integrate blockchain supply chain systems.  Oracle’s Senior…

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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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Walmart tells suppliers to use IBM blockchain FTSE / NASDAQ NEWS 

Worlds Largest Retailer Walmart Tells Suppliers to Use IBM Blockchain Food Trust

The world’s largest retailer, both by revenue and by employee count, Walmart tells suppliers to use IBM Blockchain Food Trust platform, beginning with its leafy green producers in the U.S. Announced in a press release on Monday, the mandate which also includes Walmart’s retail warehouse Sam’s Club, requires all relevant suppliers to be fully integrated a year from now, making it one of the biggest commercial uses of blockchain technology. Utilising IBM’s distributed ledger technology that is permission-based, the company aims to expedite the traceability of contaminated foods, Matt Smith…

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ibm launch a blockchain directory with Hacera FTSE / NASDAQ NEWS 

Hacera and IBM Launch a Blockchain Directory Touted as a Distributed ‘Yellow Pages’

Enterprise blockchain firm Hacera, together with founding member IBM launch a blockchain directory with the aim of expediting the growth of blockchain networks, by making it easier for companies to discover and join blockchain projects. Entitled the ‘Unbounded Registry’, Vice president at IBM Blockchain, Jerry Cuomo announced in a blog post on Thursday that the directory is now live.  Likening it to the Yellow Pages, he recalled the history and significance of the directory that: “put businesses on the map and made them known to the world”. The registry is able to interoperate…

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enterprise blockchain solutions FTSE / NASDAQ NEWS 

Technology Giants Intel and SAP Team Up to Develop Enterprise Blockchain Solutions

World famous chip maker, Intel and SAP have joined forces to develop enterprise blockchain solutions to address “gaps in the market”, and potentially become a direct competitor to the Linux Foundation’s Hyperledger and R3’s Corda. According to a post on Intel’s website, the technology giant has teamed up with SAP, the German-based multinational software corporation, to find solutions that power enterprise blockchain systems for easier integration and adoption.  Tim Allen, a strategic relationship manager at Intel wrote: “SAP and Intel’s co-development efforts are geared toward creating superior blockchain technologies and integrating them with new and…

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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 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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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 for the aerospace industry FTSE / NASDAQ NEWS 

Accenture Partners with Thales to Launch Blockchain for the Aerospace Industry

Consulting giant, Accenture has partnered with a major global defence firm, Thales, to launch a blockchain that aims to secure and streamline aerospace and defence (A&D) supply chains. Accenture report that “86% of A&D companies expect to integrate blockchain technology into their corporate systems by 2021”. As prime contractor for advanced air and missile defence capabilities to NATO forces, Thales’ launching this blockchain for the aerospace industry, marks a potential “game changing innovation for this sector”.

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nhs blockchain platform guardtime FTSE / NASDAQ NEWS 

UK NHS Blockchain Platform for up to 30 million Patients launches with Guardtime

Software security company, Guardtime has launched a UK NHS blockchain platform, offering 30 million British patients instant access to their primary care information using a smartphone. In partnership with Instant Access Medical and Healthcare Gateway, the MyPCR platform interfaces with all three major UK NHS GP platforms, enabling GPs to develop ‘care pathways’ that can be monitored by both patient and healthcare personnel, with a greater aim of improved medication adherence for potential savings of at least £800 million.

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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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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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Blockchain for the Government of Australia NEWS REGULATORS 

IBM Signs $1 Billion Deal to Develop Blockchain for the Government of Australia

IBM has signed a five year contract to the value of AUD $1 billion (US $740 million), to develop blockchain for the Australian government over the next 5 years. The deal will see blockchain technology utilised to improve data security within federal departments and across different realms of the state’s jurisdiction, including taxation and border control. It is the largest technology contract ever to be negotiated by the government, and is set to save it over $100 million dollars.

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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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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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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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american express announce blockchain rewards program FTSE / NASDAQ NEWS 

Hyperledger for Giant American Express Blockchain Rewards Program

American Express’ Membership Rewards, one the world’s most recognised loyalty programs, have announced that they are upgrading part of their merchant services to a blockchain rewards program integrating the Linux Foundations Hyperledger and smart contracts.

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Amazon Blockchain Templates FTSE / NASDAQ NEWS 

Amazon Blockchain Templates launch on AWS ‘free of charge’

Amazon launch ‘Blockchain Templates’ as a ‘free of charge’ add-on to their AWS resources. Partnering with Ethereum and the Linux Foundation’s Hyperledger Fabric, Amazon Web Services (AWS) are offering two versions of the technology with pre-set frameworks for quick ‘fast track’ integration. Although Microsoft and IBM have a head start, as the world’s largest cloud infrastructure, Amazon has the potential to grow its share of the market quite rapidly.

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