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Tag: ibm blockchain

worlds biggest blockchain consortiums BCTECH NEWS 

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

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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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FTSE / NASDAQ NEWS 

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

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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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Walmart tells suppliers to use IBM blockchain FTSE / NASDAQ NEWS 

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

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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’

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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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FTSE / NASDAQ NEWS 

IBM Blockchain Payments Platform ‘World Wire’ Goes Live Powered by Stellar

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The IBM blockchain payments platform has officially been taken out of beta and is now live, entitled ‘Blockchain World Wire’, it is powered by the Stellar network, with whom it has been working with since October 2017. ‘World Wire’ aims to provide financial institutions with ‘a new way to move money’, according to the website it states that it can: “simultaneously clear and settle cross-border payments in near real-time” Essentially, the IBM blockchain payments platform is designed to negate the time heavy and costly intermediary processes that international payments systems have traditionally…

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global blockchain patent rankings FTSE / NASDAQ NEWS 

Alibaba and IBM Top the Leader Board for Global Blockchain Patent Rankings

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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

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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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comcast blockchain advertising FTSE / NASDAQ NEWS 

Comcast Blockchain Advertising Platform Developing with Disney, Channel 4 and TF1

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The second-largest multichannel video service provider in the US, Comcast is developing a blockchain video advertising platform in collaboration with major TV networks from around the world, including NBCUniversal, Disney, Altice USA, Channel 4, Cox Communications, Mediaset Italia and TF1 Group. Entitled the ‘Blockchain Insights Platform’, it aims to streamline and improve security using blockchain technology in the process of data sharing for ad’ planning, buying and tracking premium video advertising. Set to launch this year, Comcast believe that it will “ultimately create even more value for the television advertising industry”.

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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

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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

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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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fast track blockchain service fujitsu FTSE / NASDAQ NEWS 

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

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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

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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

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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’

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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

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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

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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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De Beers diamond blockchain FTSE / NASDAQ NEWS 

World’s Largest Jewellery Retailer Joins De Beers Diamond Blockchain Platform Tracr

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Signet, a UK based multi-billion dollar company and the world’s largest jewellery retailer, joins De Beers diamond blockchain platform Tracr. Creating a Global Diamond ID on an immutable ledger, the precious stones are tracked across the supply chain, ensuring they do not originate from conflict zones or areas of exploitation. De Beers completed a proof-of-concept trial with 100 high-value diamonds in May, marking the first time a diamond’s journey was digitally-tracked from mine to retail. Tracr is set for to fully launch later this year.

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dubai blockchain business registry NEWS 

Dubai Blockchain Business Registry is Launched

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Dubai’s government has unveiled a blockchain business registry to streamline the process of registering a company. Dubai government has teamed up with IBM and the Dubai Silicon Oasis Authority (DSOA), who will be the first to implement the registry, as part of their in-house business services. Mohamed Alqaizi, IT Director at Dubai’s Department of Economic Development, said in a statement: “any entity locally and globally can join, and be part of Dubai’s vision to be the Blockchain capital of the world as part of the Dubai Blockchain Strategy 2016.”

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blockchain for cars bmw FTSE / NASDAQ NEWS 

BMW, GM, Ford and Renault Join to Build Blockchain for Cars

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Four of the world’s largest automakers that account for a market share of over 70 percent of global vehicle production, join to build blockchain for cars. The Mobility Open Blockchain Initiative is formed by BMW, General Motors, Ford, Renault, IBM, and 30 others. With an impressive team of the ‘Who’s Who’ in blockchain, including Brian Behlendorf, executive director of Hyperledger and Joseph Lubin founder of ConsenSys and a co-founder of Ethereum. Partners will collaborate to develop use cases, beginning with vehicle identity and history.

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Maersk blockchain shipping FTSE / NASDAQ NEWS 

IBM and Maersk Blockchain Shipping Solution Pushes Forward

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The IBM – Maersk blockchain shipping solution, has been developed to streamline the process and reduce the world’s total $1.8 trillion annual shipping costs. Some the biggest players in the industry have participated in the Pilot, including the U.S. Customs Authority. Now Agility, a global third-party logistics provider, joins in the project. Maersk have said the joint venture, will be based in New York and could be up and running by July, pending regulatory approval in some countries.

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