IBM Will Hire Near 2000 People in France To Work on Blockchain, AI and IoT

IBM announced it will hire near 2000 people in France to work on blockchain, Artificial Intelligence (AI), and IoT, reported Le Monde on May 23. Virginia Rometty, IBM chief executive, announced the news in an interview with Le Monde. She also expressed that IBM was currently working in collaboration with Crédit Mutuel, Orange Bank, Generali, … Continue reading IBM Will Hire Near 2000 People in France To Work on Blockchain, AI and IoT

Huobi Pro Launches a New Cryptocurrency Market Index For Its Customers

Huobi Pro announced that it launches a new cryptocurrency market index for its customers, reported Coindesk on May 23. The Huobi new market index will on its platform and in real-time track 10 different digital assets traded against USDT. The investors will see a single general feed, instead of having to check one crypto asset … Continue reading Huobi Pro Launches a New Cryptocurrency Market Index For Its Customers

Bank of America Has Won a Blockchain Patent For Security Tools

The Bank of America has won a blockchain patent for security tools, which would allow the bank to control access to some features of a permissioned blockchain network, reported Coindesk on May 22. The patent entitled "System for managing security and access to resource sub-components" outlines how security tokens would be used to give access to … Continue reading Bank of America Has Won a Blockchain Patent For Security Tools

Circle Launches the Full Version of Its Cryptocurrency App

Circle launches the full version of its cryptocurrency app, reported Coindesk on May 22. The payment startup was launched in March 2018 and unveiled the full version of its cryptocurrency app on Tuesday, including all of its services. Circle announced it was adding monero and zcash to its crypto assets at the beginning of May. The … Continue reading Circle Launches the Full Version of Its Cryptocurrency App

Automobile Industry Seeks a Future Powered By Blockchain

The automobile industry seeks a future powered by blockchain since it believes the technology is what could make self-driving and autonomous cars possible, reported Coindesk on May 22. The manager of business innovation at Renault Innovation Silicon Valley, Sebastien Henot, thinks the blockchain technology will be beneficial for carmakers regarding their supply chain and that it could … Continue reading Automobile Industry Seeks a Future Powered By Blockchain

Walmart Plans to Use Blockchain to Track Products Sell to Customers

Walmart announced it plans to use the blockchain to track products sell to customers, according to a new patent application, reported Coindesk on May 21. The patent application, released on May 17 by the U.S. Patent and Trademark Office, explains a blockchain-based system that would be used to track retail items resales. The system would use … Continue reading Walmart Plans to Use Blockchain to Track Products Sell to Customers

Taiwan Launches a New Parliamentary Group to Facilitate Blockchain Development

Taiwan government announced it launches a new parliamentary group called the Taiwan Parliamentary Coalition for Blockchain (TPCB) to facilitate blockchain development and to safeguard investors, reported Coindesk on May 22. The group was led by legislator Jason Hsu Yu-Jen that wants to regroup politicians from different parties to form a well-defined regulatory framework designated to help … Continue reading Taiwan Launches a New Parliamentary Group to Facilitate Blockchain Development

Seoul Mayor Wants Its City to Become a Blockchain Hub

Park Won-soon, Seoul's mayor, wants its city to become a blockchain hub as new elections arrive in June for South Korea's capital, reported Coindesk on May 22. Soon, which is Seoul's mayor since 2011, is seeking to be re-elected for a third time and he emphasizes the importance of the blockchain technology to help the city … Continue reading Seoul Mayor Wants Its City to Become a Blockchain Hub

Using Blockchain Technology Would Benefit Small Companies and Empower Citizens

Using the blockchain technology in areas like energy, supply chains, and governance would benefit small companies by reducing their costs and empower citizens, according to an EU press release published on May 16. An EU committee approved the recommendations on how to integrate the blockchain technology to reduce intermediation costs for small enterprises, empower citizens and help … Continue reading Using Blockchain Technology Would Benefit Small Companies and Empower Citizens

Japan’s Largest Bank Has Developed a New Blockchain In Partnership With Akamai

Japan's largest bank, Mitsubishi UFJ Financial Group (MUFG), has developed a new blockchain to increase the speed and lower the cost of transactions in partnership with the U.S-based tech company, Akamai, reported Fortune on May 21. The two companies will work in collaboration to design a blockchain-based system that would be able to handle 1 million … Continue reading Japan’s Largest Bank Has Developed a New Blockchain In Partnership With Akamai