interoperable blockchain financial system nasdaq and microsoft FTSE / NASDAQ NEWS 

Microsoft Partners with Nasdaq to Provide an Interoperable Blockchain Financial System

Global technology giant, Microsoft has revealed that it has cemented a partnership with Nasdaq to provide an interoperable blockchain financial system for traders, via its Azure Blockchain arm. As the world’s second largest stock exchange, Nasdaq has decided it is time to accelerate its blockchain technology capabilities, which it is now doing by integrating Microsoft Azure Blockchain services into the Nasdaq Financial Framework (NFF).  Senior vice president of enterprise architecture at Nasdaq, Tom Fay stated: “from our perspective, Azure is unlocking the power of the blockchain” Launched in 2016, the NFF powers applications and software…

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blockchain medical data platform FTSE / NASDAQ NEWS 

BlackBerry Set to Launch Blockchain Medical Data Platform with Swiss Startup ONEBIO

Global technology giant and former smartphone behemoth, BlackBerry announces the launch of a blockchain medical data platform in partnership with Swiss-based startup ONEBIO. BlackBerry, a company that once controlled 50 percent of the global smartphone marketplace, is now turning its attention to security with the launch of its new Enterprise of Things (EoT) platform BlackBerry Spark. According to a release, together with technology developed by ONEBIO, the new blockchain medical data platform aims to create an “ultra-secure” ecosystem for patients, labs and healthcare providers. Utilising the BlackBerry network operation center (NOC)…

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NEWS REGULATORS 

Ofcom Wins Almost $1 Million to Develop a UK Blockchain Phone Number System

The U.K.’s telecommunications regulatory authority, Office of Communications (Ofcom) has received close to $1 million (£700,000 Sterling) to develop a national blockchain phone number system. The Department for Business, Energy and Industrial Strategy, setup by the government in 2016, has awarded the grant to Ofcom as part of its £10 million Regulators’ Pioneer Fund.  As stated in a press release on Friday, the Business Secretary MP (member of Parliament), Greg Clark said the project will: “further strengthen our regulatory system and ensure that it keeps pace with the innovation and technological…

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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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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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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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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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NEWS REGULATORS 

Blockchain Browser Brave Files Complaints Against Google Ads Data Collection Practices

Developed by Mozilla co-founder and Javascript creator, Brendan Eich, the blockchain browser Brave files complaints against Google advertisement (ads) data collection practices in the UK and Ireland.   Together with Jim Killock of the Open Rights Group, and Michael Veale of University College London, Brave’s chief policy officer Johnny Ryan filed formal complaints with the Irish Data Protection Commissioner and the U.K. Information Commissioner. Brave, an open-source blockchain browser that blocks ads and website trackers, cited that the way Google and the advertising technology (adtech) industry publish personalised online ads…

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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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blockchain to fight fake news NEWS REGULATORS 

Social Media Giant Twitter Looking into Blockchain to Fight Fake News Says CEO Dorsey

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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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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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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Maersk blockchain shipping FTSE / NASDAQ NEWS 

IBM and Maersk Blockchain Shipping Solution Pushes Forward

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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unilever blockchain digital ad INFLUENCERS NEWS 

Unilever and IBM Pilot Blockchain Digital Ad Supply Chain

IBM partners with Unilever to create a blockchain digital ad supply chain, providing transparency for marketers. Already piloting the platform with Salon Media Group, Unilever is using part of its US ad spend to make ‘buys’ on a single shared ledger, tracking their ads. With an annual marketing budget of $9.8 billion, Unilever aim to eradicate fraud and misuse, which equates to a loss of 20 percent of total digital ad spend.

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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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blockchain technology BCTECH NEWS 

Blockchain Technology Explained

Blockchain Technology:  To this day, we only know that Satoshi Nakamoto is the name used by the unknown person or people who designed the first blockchain to support the Bitcoin cryptocurrency launched in 2008. OK so what is it? Blockchain is a Distributed Ledger Technology (DLT). 

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