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Distributed Ledger Technology


More than a year in the making, Corda Enterprise has arrived. Announced Tuesday, blockchain startup R3 has released a paid version of its signature open-source Corda blockchain technology, one that offers added features aimed at regulated institutions including 24/7 support, disaster recovery and more. The big reveal comes just over 13 months after R3 raised …

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R3 has scored another win in the insurance sector, giving the startup a wide lead over other distributed ledger technology (DLT) providers in the sector. Revealed exclusively to CoinDesk, the RiskBlock Alliance, whose members include such insurance heavyweights as Chubb, Marsh and Liberty Mutual, has decided to build its first set of use cases using R3’s …

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Even if blockchain fatigue may have set in among bankers, there’s at least one use case they’re still clearly excited about: trade finance. At least, that was the impression given at the Blockchain Summit in London this week, where a range of bankers talked enthusiastically about the digital trade finance platforms they are building and …

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The National Archives (TNA), the official record-keeper of the UK government, is investigating the use of blockchain for records sharing. The research project, dubbed Archangel, is being led by the University of Surrey and involves partners such as the Open Data Institute. Among other goals, the initiative will explore the extent to which blockchain can address …

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Ripple’s former CTO Stefan Thomas is going up against Ethereum with the launch of a new smart contracts platform. Well, “new” isn’t quite right – the platform Thomas released implementations for today is Codius, an open-source project that Ripple released in beta in 2014 but shelved the following year. Now, though, having announced his departure from …

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“Convergence” may mean different things to different people in blockchain, but it’s a word that’s appearing more in more in public rhetoric of late. For some, it simply means that innovations developed on a public blockchain powered by a cryptocurrency can be leveraged on a private blockchain used by enterprises, and vice versa. But to others, …

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As JP Morgan Chase’s new blockchain lead, Christine Moy has big shoes to fill. And a quandary to resolve. Moy took over last month from Amber Baldet, one of the most prominent figures in blockchain, after she left to form an as-yet-unnamed startup. Around the same time, Baldet announced her departure, word leaked out that …

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Researchers have identified patterns in certain kinds of zcash transactions that weaken their anonymity, according to a paper published Tuesday. George Kappos, Haaroon Yousaf, Mary Maller and Sarah Meiklejohn found that when coins move from “unshielded” to “shielded” and back to “unshielded” addresses, they lose much of the anonymity that zcash users expect. The University …

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Microsoft announced the Azure Blockchain Workbench Monday, releasing a new set of tools for developers that work with distributed ledger tech. The Workbench provides “the scaffolding for an end-to-end blockchain application,” and can be set up “with just a few simple clicks,” according to the announcement. Put more simply, Microsoft is trying to streamline the …

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The Australian Securities Exchange (ASX) is moving closer to replacing its CHESS clearing and settlement system with a distributed ledger-based alternative. Details about the system’s progression toward production launch were included in an 87-page consultation paper published Friday, which included a timeline for when the switch will be made as well as descriptions of the types of …

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Giving up absolute decentralization could solve many of the problems facing blockchain technology, according to Yao Qian, the People’s Bank of China’s digital currency research lead. In an opinion article, published by Chinese business news site Yicai on Friday, Yao summarized the current state of development of bitcoin and blockchain technology and offered his view on how …

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Japanese technology giant Sony is looking at using blockchain to store digital rights data. In an application published Thursday by the U.S. Patent and Trademark Office, Sony explains that current digital rights management (DRM) solutions that aim for interoperability “may not be very reliable and rely on one unique point of failure. If the rights locker provider …

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Cloud computing company Salesforce is among twelve new members to the Blockchain Research Institute (BRI), the multi-million dollar global blockchain think tank announced on Tuesday. Devoted to the study of blockchain strategies, applications and obstacles to implementation, the Institute already boasts the membership of government entities, major tech companies, financial industry players and global corporations …

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Building enterprise blockchains can be a pain in the neck. Since the technology is so new, much of its underlying infrastructure isn’t yet stable or automated, and as such, it demands that developers spend time rebuilding. The executives of Elemential know that headache well, and as such, are using their company to simplify the process …

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Amazon Web Services, the e-commerce giant’s cloud computing arm, has launched a new service for launching out-of-the-box blockchain networks for the ethereum and Hyperledger Fabric protocols. In a blog post published on Wednesday, AWS chief evangelist Jeff Barr wrote that the newly launched “templates” allows clients to “launch an ethereum (either public or private) or Hyperledger …

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Xunlei, the NYSE-listed cloud network provider, has launched its proprietary blockchain platform, despite ongoing class actions over an alleged initial coin offering (ICO). At a press event in Beijing on Friday, the company announced its open blockchain protocol dubbed ThunderChain, which is designed to enable developers to build decentralization applications. Based on the practical Byzantine …

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Speaking at the Synchronize 2018 conference in New York City on Thursday, Nick Szabo, a pioneering cryptographer who first developed the concept of smart contracts in 1996, urged the audience not to lose sight of blockchains’ original promise. “I just want to plug the benefits of trust minimization and decentralization,” he said while participating in …

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Speaking to an audience in New York City on Thursday, Digital Asset CEO Blythe Masters and R3 founder and CEO David Rutter worked hard to cast their projects not as applications but as entire ecosystems for developers to build apps of their own. Rutter and Masters took the stage during the first session of the …

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Batavia, a blockchain-based trade finance platform founded by banking giant UBS in partnership with IBM, has conducted its first live cross-border transactions involving corporate clients. According to an announcement released Thursday, the pilot effort saw the platform carry out the full cycle of trades, automatically forming agreements and closing payments, in a process powered by …

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