The General Motors and Honda, both the automobile giants has synergised their efforts in developing blockchain research project focused on electric vehicles (EV) and smart grids. In their joint statement,“Down the road, EV owners could earn fees by storing power in car batteries and exchanging it with the grid, This could end up giving EV owners an advantage as their vehicles become revenue streams.”
The Shenzhen Fintech Research Institute, which was set up by People’s Bank of China (PBoC) has announced a total of 29 job openings and they are looking for suitable prospects for the following positions: a blockchain development engineer, a blockchain architect and a senior technical expert, all of whom will be working with a common goal to develop and optimize a distributed network that will be capable of delivering large scale transactions.
A global funds network headquartered in London, Calastone has announced that it has shifted its entire trade fund clearing service to its blockchain Distributed Market Infrastructure (DMI). In its press release: “Financial services organisations around the world — whichever size and scale — can, through the DMI, now access a fully mutualised global funds marketplace whereby the trading, settlement and servicing of funds is conducted in real-time.”
An enterprise blockchain-as-a-service (BaaS) provider named Dragonchain has been awarded a patent for its blockchain-based loyalty system named security systems and methods based on cryptographic utility token inventory tenure, confirmed the U.S Patent and Trademark Office (USPTO). The CEO of Dragonchain, Joe Roets then commented, “By monetizing time with blockchain, DDSS creates a new type of value system to recognize true loyalty through immutable measurement.“
Verso has recently shared that it has launched a new blockchain-powered warranty claims management in collaboration with Factom, a leading blockchain technology company based in Austin, Texas. The Founder of VERSO Inc, Bob Foster commented, “The combination of VERSO’s blockchain-enabled warranty module with our predictive analytics capability creates a revolutionary approach to the management of product returns across the supply chain.”
A local press has confirmed that the mayor of Seoul, South Korea will be introducing blockchain-powered citizen cards. The mayor of Seoul has explained the role of blockchain in storing data and highlighted that the value of data has become even more important than before which encourage the city of Seoul in implementing blockchain in collecting urban and administrative data.
A professor in a local Brazilian university, Professor Dr Guido Lemos shared,“With this facility in terms of research, virtually all the major study groups in the country on technology are already carrying out research involving blockchain, thus increasing the number of Brazilians present in this global surge towards blockchain.” Due to the case of false diplomas in Brazil, the debate regarding the potential of blockchain technology in solving the issue is circulating.
A blockchain-related event will be held in Bucharest called the Romania Blockchain Summit on this coming 21st and 22nd of June. The minister of Communications and Information Society in the Romanian Government Alexandru Petrescu said, “Now is the right time to launch a comprehensive debate on our forward-looking vision on the blockchain technology’s capacity to shape our lives, transform our businesses across multiple industries and bring us closer together.”
A press release has been published to unveil the launching of a blockchain inventory tracking platform by Dutch Bank ABN AMRO which will function as the Internet of Things (IoT) solution allows the user to monitor of physical trade inventories. The Managing Director of Trade and Commodity Finance of ABN AMRO, Karin Kersten explained,“Parties involved will benefit from more effective controls, greater efficiency, transparency and traceability.”
The senior blockchain executive of FedEx, Dale Chrystie has expressed its opinion regarding the potential of blockchain technology in ruling the new business. However, the multinational courier delivery services company is still implementing the traditional methods for its shipping process and operations as they have admitted that none of the collaboration with blockchain technology has reached an effective stage.