News on Other Public Protocols
An announcement has been made by Kudelski Security regarding its new strategic partnership with a global leader in blockchain security and smart contract auditing, Hosho. The CEO of Kudelski Security, Rich Fennessy explained, “Hosho has the expertise and reputation for auditing the ‘smart contracts’ that are essential to blockchain business process workflows.”
The UK parliamentary have received the blockchain applications demo as an effort in educating the policymakers. The blockchain research and project manager at Big Innovation Centre, Fernando Santiago commented, “This is a pivotal moment for the UK, which could define our future leadership in governance, commerce and competition.”
One of the largest internet corporations in South Korea, Kakao with its affiliate Dunamu has launched a blockchain service platform called Luniverse supervised by research lab for blockchain technology, Lambda256. The aim of the blockchain service platform is to help companies to begin their business using blockchain technology.
One of the biggest blockchain and technology investors meet will be held at Holiday Inn Doha, Business Park, Qatar during March 26, 7:00 PM – 9:00 PM. Belrium, a sophisticated utility-backed Blockchain and world’s first KYC compliant blockchain smart-money concept will be exhibited at the event, which has tremendous potential to impact services and businesses.
China has been actively adopting the innovative technology of blockchain in various sector. A blockchain-powered electronic invoice for a subway ride will be launched soon at the Futian Station of the Shenzhen Metro. It is developed in collaboration between the Shenzhen Municipal Taxation Bureau and a major technology company, Tencent.
IBM has recently introduced a global blockchain network, Blockchain World Wire which will offer a real-time cross border payment exchange and international settlement. GM of IBM Blockchain, Marie Wieck explained, “We’ve created a new type of payment network designed to accelerate remittances and transform cross-border payments to facilitate the movement of money in countries that need it most.”
A collaboration has been made between a major hospital in South Korea and the Ministry of Science and ICT in launching a blockchain-powered platform. Seoul Medical Center will build an automated, personalized, integrated medical information platform by providing electronic prescription delivery, certificate issuance, and insurance claims through the blockchain-based system.
The Paris Climate Agreement gave a Nationally Determined Contributions (NDCs) to every country to reduce the effects of global warming, To monitor whether countries comply with the accord can be done using a blockchain-based system and tracking climate finance flows. But, Blockchain isn’t a silver bullet, because itself a energy guzzler. So renewable energy & carbon credit tokenization are other ways.
The lawmakers in the U.S. state of Colorado have recently shared their plan in adopting the innovative technology of blockchain in the agricultural industry. A total of four representatives and senators from the state have teamed-up in filing the bipartisan house bill 1247 for the implementation of blockchain technology in enhancing the agricultural operations in the state.
A new partnership has been established with a blockchain start-up, ripe.io and the US National Pork Board with the aim to pilot the blockchain technology for pork supply chains. The co-founder of ripe.io, Raja Ramachandran said, “Through blockchain, customers can create shared, immutable trusted records that address critical food issues such as sustainability, quality, traceability, waste and fraud.”
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