Satoshi Citadel Industries (SCI Ventures) and Qwikwire have partnered with the aim in accelerating the growth of the real estate market in the Philippines and support crypto payments through Aqwire. The partnership will permit cryptocurrency payment for purchasing properties from the global investors as confirmed by the co-founder of Aqwire, Inno Maog.
The World Food Programme’s (WFP) and the UN Women has recently established a partnership to work on a project which will be utilizing the blockchain technology for Syrian refugees. The UN Women Executive Director, Phumzile Mlambo-Ngcuka commented that the utilization of the blockchain technology could help to boost the “progress towards women’s economic empowerment on a large scale.”
South Korea has shown a keen interest in the third-generation blockchain platform. The samples of the third generation include EOS, Orbs and Link Chain. A blockchain platform based in Israel, Orbs has also attracted South Korea aimed to fix scalability and speed issues on Ethereum with the use of the multi chains.
A report published by the MarketsandMarkets titled “Blockchain in Agriculture Market” revealed that the agriculture and food supply chain market would improve at a compound annual growth rate (CAGR) of 47.8% in the consecutive five years. The blockchain technology is expected to bring transparency to the supply and help reduce the food fraud cases.
The Hublot a watchmaker based in Switzerland has unveiled a new big bang blockchain watch which can only be bought using Bitcoin. Reportedly, the watch would feature the Big Bang’s signature industrial design and some elements picked from Bitcoin. With the launch, the company is aimed at paying homage to the Big Bang Series and the blockchain technology.
The Squire Mining Ltd has affirmed Samsung as the manufacturer for its ASIC bitcoin mining chips. The Gaonchips company would be responsible for the crypto mining chipset. The Squire Mining company would be coming up with the ‘next generation’ 10nm ASIC chips. The company also has planned for the development of second generation ASIC chip.
A well-established consulting firm, Deloitte will be offering its assistance to the Institute RiskBlock Alliance blockchain consortium in expanding their business in Canada. A principal with Deloitte Consulting, Ted Epps commented that the expansion plan “ will accelerate the consortium’s global reach and take blockchain to the next level in the insurance industry—and financial services more broadly.”
The Austrian government will track and authenticate billions of dollars in public debt using Ethereum blockchain. The Finance Minister of Austria explained, “Blockchain technology is an economic policy focus for us, and with the establishment of the FinTech Advisory Council in the Ministry of Finance, we are developing strategies to help Austria make the best possible use of these developments.”
A well-established internet and phone giant, AT&T headquartered in the US has recently unveiled that they have designed a set of blockchain solutions. The blockchain solutions that are compatible with both IBM and Microsoft technology aims to reduce the risk and costs of their customer. AT&T also believes on potential of the blockchain to solve the other complex business problems.
An announcement has been made by the Austrian National Tourist Office (ANTO) regarding the launching of the blockchain-powered digital ad campaign. The Head of Brand Management for ANTO, Michael Scheuch commented, “In the pilot with Adbank, one of the more interesting blockchain applications in the advertising sector, we hope to overcome on a global scale various difficulty within classic online advertising.”