A blockchain-powered social media application, Voice has been launched by Block.one which will reward its users and return control to social media user. The CEO of Block.one, Brendan Blumer explained describing Voice, “By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that.”
The Made in Italy project has shared to adopt blockchain technology as a part of their initiative in protecting goods and services produced in Italy. A decree leads by a pro-blockchain minister, the Minister of Economic Development (MiSE), Luigi Di Maio will regulate the supply of stamps for Made in Italy and Stallone on the basis of the norms concerning the value cards.
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.”
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.
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.”
Deloitte (a major accounting firm) has partnered with the Institute of Banking (IoB), Bank of Ireland, AIB and Ulster Bank with vision to develop a blockchain solution to verifies staff credentials using EMEA Blockchain Lab (Ethereum based). David Dalton, EMEA lead commented, “This is a great application of blockchain technology to a vital area of banking. We are delighted to support this project and look forward to the results that this initiative will deliver.”
Many US lawmaker are worried that USA is lagging in blockchain and crypto promotion and its regulation. Two representatives from Indiana and Florida have written letter to Larry Kudlow (director of the National Economic Council). Hollingsworth, Member of the House stated, “Innovation is part of this country’s DNA and our efforts to further develop blockchain technology can help our country remain a leader in invention and modernization.”
Jun 03, 2019
Jun 03, 2019
Jun 03, 2019