An announcement has been made by the payment service provider company, Visa, regarding its recent partnership with the technology giant company, IBM, to adopt the Ethereum technology. Visa believes that the fraud during the remittance process could be reduced by implementing the blockchain ecosystem and thereby simplifies the world payments on their platforms.
As an effort in increasing the awareness of blockchain technology, Gibraltar has recently formed a new advisory group which will be focusing on the development of blockchain courses. The newly formed advisory group is called the New Technologies in Education (NTiE) and has partnered with the University of Gibraltar in launching the educational courses this year on approval.
Samsung SDS and ABN AMRO are to analyze the potential of blockchain in enhancing the shipping logistics management. The two companies planned to trial the blockchain technology in shipping logistics to reduce the transactions time for imports and exports, documentation process and to prevent fraud by carrying a pilot test for the goods from Asia to Rotterdam.
According to CNBC, Hired has recently revealed the most recent global stats that the blockchain engineers are earning between $150,000 and 1$175,000 on average. Hired emphasized that the salary of those blockchain engineers all over the world are now on par recognizing the expertise in the artificial intelligence which is higher than any other specialized engineering roles.
Armenia has recently launched a new cryptocurrency mining facility that is worthy of $50 million on October 18th. The Multi Group Concern has partnered with the Omnia Tech International Company in launching the mining farm. The new mining farm will be used for extracting cryptocurrency such as bitcoin and Ethereum by using 3,000 machines.
The Pension Fund of the Russian Federation has received a letter from the Association of Non-State Pension Funds (ANSPF) to propose the blockchain for the system of personal pension savings. Blockchain will reduce the issue of losing the monetary resources stored at another fund as it will be recorded in the distributed ledger system and made transparent to all the participants.
One of the leading universities based in Israel, Tel Aviv University (TAU) has confirmed that the Hogeg Institute for Blockchain Application is to be established at the university. According to the report, the institute aims to enhance the cryptocurrency and blockchain research in terms of its application to some industries and its productivity in the industry.
An announcement has been made by the Ticketmaster regarding their plan to utilize a blockchain-powered smart ticket creator after purchasing a blockchain ticketing company named UPGRADED. The CEO of UPGRADED explained, “Ticketmaster is the unquestioned leader in live event ticketing and is the perfect platform for us to bring the unique promise of blockchain to millions of fans.”
A global digital marketing agency, Isobar has recently published a playbook which explains what blockchain is and how the marketers could embrace the emerging technology in enhancing their business. The Global Chief Technology Officer for Isobar, Vikalp Tandon explained, “If the past is evidence, whenever a near monopoly emerges, a new technology also emerges that disrupts the industry. Blockchain could be that opportunity.”
An online learning platform, Aidemy has announced the offering of a blockchain programming course called “Beginners for Blockchain” with the aim to educate the investors regarding blockchain and cryptocurrency. The CEO of Aidemy Inc commented, “We will clear the hurdles to integrate technology and industry. Everyone needs to know about Blockchain, especially, people in the financial and tech industries.”