Blockchain 

IBM Launches New Blockchain Supply Chain Product Using Red Hat Tech

Global tech giant IBM has launched a new integrated supply chain product based on IBM’s technologies including Watson AI and IBM Blockchain. Hybrid-cloud integration Called Sterling Supply Chain Suite, the new IBM’s product enables hybrid-cloud support of data integration between manufacturers, retailers and other network participants, purportedly providing greater reliability, transparency and security, the firm announced on Oct. 8. Specifically, the level of integration flexibility provided by the new service enables enterprises to update and improve their supply-chain solutions in accordance with business needs. Red Hat acquisition IBM says the…

Read More
Cryptocurrency 

Tim Cook Talks Cryptocurrencies | It’s a No for Tech Behemoth

Three months ago, Facebook (NASDAQ:FB) disclosed plans to roll out a cryptocurrency in the summer of 2020. Such news has made several headlines, with the latest being negative, as PayPal (NASDAQ:PYPL) might pull out of Facebook’s project. Even worse for the technology behemoth is that Apple (NASDAQ:AAPL), another tech giant, has expressed zero desire in following in the company’s footsteps, according to Tim Cook. Which brings forth the question: is it correct for Facebook to involve itself with virtual currencies? Here’s what we know about Apple’s latest comments. Tim Cook Talks…

Read More
Blockchain 

Walmart Uses Blockchain Tech to Track Shrimp Supply Chains

United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains. On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations of Sam’s Club retail stores in the U.S. This is reportedly the first time that blockchain technology will be used to track shrimp exports from the Indian farmer to an overseas retailer. President of the National Fisheries Institute John Connelly said:  “As one of the most traded commodities in…

Read More
Bitcoin 

Tech Billionaire Mark Cuban on Bitcoin

Billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin (BTC). Cuban made his remarks in a video Q&A published on YouTube by technology news outlet Wired on Sept. 27. During the Q&A session, he answered to a Twitter user asking why Cuban hates crypto if he is “into providing opportunity for people to grow their net worth.”  First, Cuban seemingly suggested that the issue he has with Bitcoin is that its price is determined by the market’s demand for it: “Here’s the thing about…

Read More
Blockchain 

US Congress Asks Financial Crime Director to Study Blockchain Tech

The United States House of Representatives has passed a bill that calls for the Financial Crimes Enforcement Network (FinCEN) to study blockchain technology in its fight against financial crime. On Sept. 19, the House passed the bill “Advancing Innovation to Assist Law Enforcement Act”, which requires the Director of the Financial Crimes Enforcement Network, Kenneth Blanco, to carry out a study on the use of emerging technologies, such as blockchain technology, within the FinCEN. The bill reads: “The Director of the Financial Crimes Enforcement Network (“FinCEN”) shall carry out a…

Read More
Blockchain 

Global Blockchain Tech Market to Surpass $16B by 2024

The global blockchain technology market is estimated to surpass $16 billion by 2024, according to a recent report from market research firm Global Market Insights, Inc. The report In a Sept. 20 press release, Global Market Insights provided highlights from its 180-page-long report entitled “Blockchain Technology Market By Providers (Infrastructure Provider, Application Provider, Operators), Application (Smart Contract, Payment & Wallet, Digital Identity, Exchange, Compliance & Risk Management), End-Use (BFSI, Government, Healthcare, IT Service, Media & Entertainment, Transportation & Logistics), Regional Outlook, Competitive Market Share & Forecast 2024.” Per the analysis,…

Read More
Blockchain 

Malaysian Ministry of Education Fights Fake Degrees With Blockchain Tech

The Malaysian Ministry of Education has introduced E-Skrol, an application built on the NEM blockchain to deal with the issue of certificate fraud through the use of blockchain technology. In a Sept. 19 article by local news agency Bernama, the Ministry of Education in Malaysia announced that the previously introduced E-Skrol blockchain application, which makes it possible to verify the authenticity of Maylaysian educational degrees, will now be available for all public and private universities in the country. The E-Skrol application aims to tackle the increasing cases of fake educational…

Read More
Blockchain 

Tech Startup Nebula Genomics Launches Blockchain-Based DNA Sequencing

Tech startup Nebula Genomics is launching DNA sequencing using blockchain, which eliminates the need for customers to reveal personal information. Per a blog post published on Sept. 19, Nebula has rolled out anonymous genetic testing, enabling clients to purchase whole-genome sequencing and provide their saliva samples without the need to share their personal data such as name, address or credit card number. Eliminating the dependence on data de-identification To achieve this, Nebula developed and implemented a blockchain-based product that enables transparent and controllable data sharing, and offers an option to…

Read More
Blockchain 

Indian Car Manufacturer Tata Motors Calls for Automotive Blockchain Tech

Indian automobile manufacturer Tata Motors wants to integrate blockchain solutions into its internal processes as part of a newly launched program for startups. As Business Insider India reported on Sept. 18, Tata Motors has rolled out a program for startups dubbed “Tata Motors AutoMobility Collaboration Network 2.0,” through which it intends to develop a range of industry-related products, including artificial intelligence and blockchain-enabled solutions. The firm wants to apply blockchain-based solutions in various aspects of the automotive industry, including parking marketplace, demand prediction algorithm and real-time monitoring of fuel quality.…

Read More
Bitcoin 

German Politicians Want to Fight Climate Change With Blockchain Tech

The Free Democratic Party (FDP) in Germany proposes to issue a new cryptocurrency called Arbil to anyone who removes CO2 or other greenhouse gases from the atmosphere. Get paid to withdraw CO2 from the atmosphere In a report by local news daily Welt on Sept. 2, the FDP recognizes that it is no longer enough to focus only on putting less CO2 into the atmosphere. It states that, if the world wants to slow down global warming, it will also need to bring back greenhouse gases that have already been…

Read More