A shelf-stable seafood company based in North America, Bumble Bee has confirmed that they’re using SAP’s blockchain technology services to track supply chain of yellowfin tuna. The CIO of Bumble Bee Foods, Tony Costa explained, “SAP’s blockchain technology allows us to trace all tuna entering the supply chain and ensure it is legally harvested while meeting our International Seafood Sustainability Foundation sourcing commitments and the highest standard for quality assurance and food safety worldwide.”
The senator of U.S State, Utah has recently introduced a new bill with the aim in providing a better clarity for blockchain start-ups in the state and welcome more technology related start-ups to move into Utah’s blockchain space. The bill intended to seek the freedom from the state government to exempt blockchain start-ups who offer the products from the Money Transmitter Act (MTA).
One of the most well-known business schools in the world has announced that they have recently added an online course focusing on financial technologies which include digital currencies. The online course was named as FinTech and Applications of Financial Technologies. The school then commented, “Knowledge of our renowned Wharton faculty providing real-world knowledge to the benefit of learners around the globe.”
Chainlink (company that concentrates on Interoperability) has shared in its official blog post that they have successfully launched its network on the Ethereum blockchain. The launching of their own Ethereum blockchain will allow Chainlink to establish and run the Oracle Network which will function as the connecting bridge between the real-time feed from real-world data and the smart contract.
A collaboration made between Insurance companies State Farm and USAA on a project to pilot blockchain technology to enhance the speed of auto claims subrogation process. Innovation Executive of State Farm, Mike Fields explain, “In 2018 alone, the total amount of dollars demanded and issued through the subrogation process was over $9.6 billion for all insurance carriers. You can imagine the time and resources required to complete these transactions.”
A video game platform, Hoard and Golem Network are in collaboration with a target to increase the efficiency for the game developers who deal with megabytes of code. Apart from that, Golem network reported to allow subnetwork management from a single web channel where users can see the total capacity they can claim and detailed information about the node.
A cryptocurrency wallet provider named Blockchain is set to support PAX, a dollar-pegged stablecoin in its mobile wallet. The head of Blockchain’s wallet department and strategy, Xen Baynham-Herd commented, “Doing the stablecoin project here with PAX is a really big deal because it’s not just that we are adding a new asset, it’s adding a true dollar balance into the wallet.”
An initiative to support the Association for Abandoned Animals (AAA), a non-governmental organisation (NGO) based in Malta has been made by OKEx along with Moira Delia, a actress, and animal activist. The Head of Operations of OKEx, Andy Cheung explained, “We have a great passion for animals and we believe they are a vital part of society that human beings rely heavily on, mentally and physically.”
The rumour regarding the Chery Jaguar Land Rover might adopt blockchain technology by VeChain (VET) soon spreading right of the announcement of IOTA – Jaguar Land Rover Partnership was made to develop a cryptocurrency. The president of the joint venture, Murray Dietsch have explained in a statement that, “Over the past five years, we have been striving for excellence through the latest technologies and products.”
Bitfury (a blockchain startup) and Mphasis (IT solution provider based in India) with vision to accelerate digital transformation in global trade. Andres Ricaurte, Senior VP or Mphasis said, “Our goal is to accelerate the disruption and transformation in the trade finance space…and leveraging that representation to make trade transactions more seamless and transparent to everyone.”