Posts in category

Distributed Ledger Technology


A subsidiary of Abu Dhabi Ports has partnered with Belgium’s Port of Antwerp for a blockchain pilot aimed to facilitate international trade. The proof-of-concept (PoC) trial will be conducted by Maqta Gateway using its own blockchain platform, Silsal, which was launched in June to address inefficiencies in the shipping industry and better connect importers and exporters. According to …

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KPMG has decided to “refresh” its distributed ledger technology (DLT) strategy, according to new U.S. blockchain lead Arun Ghosh, who took over the group in September. Revealed exclusively to CoinDesk, the Big Four consultancy has taken to expanding its blockchain activities beyond the pure financial services work it had been doing, to explore a less-traveled …

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Microsoft is moving to turn blockchain-based decentralized identity from a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many technologists in the blockchain space and …

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The Public Utilities Commission of Nevada, a government agency charged with supervising and regulating power utility services in the state, is looking to implement blockchain for its energy credit tracking system. The commission last month investigated whether a blockchain-based solution would help track and certify Portfolio Energy Credits (PECs) in a better way for meeting …

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The Mobility Open Blockchain Initiative (MOBI) has launched a development “tournament” to explore how vehicles will communicate, co-operate and transact in the smart cities of the near-future. The 4-month MOBI Grand Challenge kicks off on October 12, with a public demonstration of winning technologies to be hosted by BMW Group in Munich, Germany on next …

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Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. As part of the arrangement, …

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IBM is taking its food-tracking blockchain into production, making it one of the largest enterprise projects to achieve that milestone, and has signed European supermarket giant Carrefour to use it. Announced Monday, the commercial launch of IBM Food Trust means that large players, as well as small and medium-size enterprises (SMEs) in the food industry supply …

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Seismic shifts are happening in the world of enterprise blockchain. Announced Monday, the Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate on bringing common standards to the blockchain space and cross-pollinate a wider open-source community. This joining of forces is notable as EEA and Hyperledger represent two of the three largest …

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Two United Nations divisions are teaming with the nation of Sierra Leone and a technology non-profit to launch a blockchain-based identification system. The U.N. Capital Development Fund (UNCDF), the U.N. Development Program (UNDP), along with Sierra Leone president Julius Maada Bio and non-profit Kiva announced a project to “modernize the credit bureau” on Thursday during …

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Chinese search giant Baidu has officially released a white paper through its new Blockchain Lab for its proposed XuperChain network. The company claims XuperChain will support more than 10,000 transactions per second through inter-chain parallel technology and a stereoscopic network, according to the white paper. The nodes of XuperChain use multi-core parallel calculations, maximizing the …

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Angus Champion de Crespigny is an advisor to various companies and projects on bitcoin, cryptocurrency and identity infrastructure. He spent 11 years at EY, with the last four consulting on blockchain and crypto assets until his departure in August. Since 2015, while there has been a myriad of permissioned blockchain announcements from enterprises, questions have …

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This space ain’t big enough for all of us. That about sums up the way R3’s technical chiefs, CTO Richard Gendal Brown and lead platform engineer Mike Hearn, view the rivalry among enterprise blockchain solutions. While it may be more genial and less chaotic than the public blockchain world that Hearn left behind when he …

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The EOS blockchain project is hoping to boost the onboarding of new users by reducing the cost of opening accounts. EOS New York, one of the network’s 21 block producers (the entities elected to verify transactions on the network), announced Thursday that 15 block producers had approved a new protocol update which reduces cost of …

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IBM’s blockchain division is widening its work in the nascent field of “self-sovereign identity” – technology designed to give individuals greater control over their personal data. Announced today, the tech giant is working with Hu-manity.co, whose #My31 app just became available on iOS and Android mobile devices. The app’s name alludes to the idea that …

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Paul Brody is EY’s global innovation leader for blockchain. The views expressed are his own. At the beginning of this year, I wrote a column predicting that companies would find the allure of public blockchains irresistible. While a world of private blockchains provides many enterprises, regulators and central banks with the comfort that there are …

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Three years ago, Microsoft Azure was the first to bring blockchain to the cloud. Now it’s connecting the technology to just about everything else. The software giant has quietly been building bridges between its blockchain services and other, widely used infrastructure and platforms, such as Office 365 Outlook, SharePoint Online, Salesforce, Dynamics 365 CRM Online, SAP, …

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“Coil, a new company founded by Ripple’s former chief technology officer Stefan Thomas, has launched a closed beta. The project – which aims to allow web content creators to better monetize their work – was announced in May, when Thomas departed Ripple. In an interview, Thomas detailed the closed beta, describing the initiative as a …

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Hong Kong is seeking to attract worldwide talents with specialties in innovative technologies including blockchain via a special immigration policy. The Hong Kong government released a talent list on Tuesday that covers a range of 11 professions that are now eligible to receive bonus marks when experts in these areas apply for the city’s Quality …

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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. With blockchain platforms being tested for various business processes, prospective enterprise users that are unwilling to …

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S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data and paperwork connected to the process for refueling planes. The airline said in a release on Monday that it trialed the application with its fuel supplier, Gazpromneft-Aero, and Alfa-Bank, Russia’s largest private bank, on a domestic flight based out of the …

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