Blockchain Technology Could ‘Change Our World More Than People Imagine.’ -Alibaba’s Co-Founder

Jack Ma, Alibaba's co-founder, mentioned that blockchain technology could "change our world more than people imagine," while speaking about the potential of the technology in Hong Kong attending the launch of its blockchain-based remittance service Gcash, reported Crypto Disrupt on June 26. The new service will be offered by Jack Ma's Ant Financial in collaboration … Continue reading Blockchain Technology Could ‘Change Our World More Than People Imagine.’ -Alibaba’s Co-Founder

Pharmaceuticals Giant Merck Plans to Use Blockchain to Verify the Authenticity of Medications

Pharmaceuticals giant Merck plans to use blockchain to verify the authenticity of medications by following them as they move through the supply chain, reported Coindesk on June 25. Merck filed a patent application that was published last Thursday where it describes a method the blockchain could be used to track a physical object as it … Continue reading Pharmaceuticals Giant Merck Plans to Use Blockchain to Verify the Authenticity of Medications

Breaking “the Silo Between Blockchain-Based Cryptocurrency and the Existing Monetary System” is a Priority for the PBoC

The Digital Currency Research Lab at the People's Bank of China has been working hard to develop a cryptocurrency which would be composed of features of both cryptocurrencies and the present monetary system by filing more than 40 patents in less than a year, reported Coindesk on June 26. According to PBoC's patents, the main goal … Continue reading Breaking “the Silo Between Blockchain-Based Cryptocurrency and the Existing Monetary System” is a Priority for the PBoC

Top 10 Most Active Blockchain Politicians – Global Edition

This article was written by David Hamilton, a CoinCentral author. The World Wide Blockchain Blockchain technology is transforming global economics in a major way.  This game-changing technology reduces inefficiencies in the current business systems by providing a more secure alternative to the status quo. Blockchain technology is less than 10-years old and already, the progress that has … Continue reading Top 10 Most Active Blockchain Politicians – Global Edition

How a Central Banker Envisions Bitcoin, DLT and Bank Ledger in the Future

Yao Qian, the director-general of the Institute of Digital Money of the People's Bank of China, explains how he envisions Bitcoin, distributed ledger technology and bank ledger in the future. Bookkeeping refers to the recording of economic data in account books. A ledger, therefore, is a book with a certain format based on original vouchers … Continue reading How a Central Banker Envisions Bitcoin, DLT and Bank Ledger in the Future

Blockchain is ‘Definitely an Opportunity’ in the Long Term, Says UBS CEO

UBS CEO, Sergio Ermotti, said that blockchain is "definitely an opportunity" in the long term to help businesses reduce their costs, according to an interview made by CNBC. He told CNBC, "It's almost a must. The freeing up of resources to become more efficient will come through technology and blockchain is a great way to … Continue reading Blockchain is ‘Definitely an Opportunity’ in the Long Term, Says UBS CEO

The World’s Largest Blockchain Insurance Group Will Use R3’s Corda Platform

The world's largest blockchain insurance group will use R3's Corda platform in order to develop new products, reported Coindesk on June 18. The Blockchain Insurance Industry Initiative (B3i), founded by Allianz, Aegon and Swiss Re with the support of  AIG and AIA, will be using the platform to develop a new reinsurance blockchain system and will also … Continue reading The World’s Largest Blockchain Insurance Group Will Use R3’s Corda Platform

A Transition That Will Bring Blockchain From Niche Use Cases to General-Purpose Transactions

Paul Brody, a principal and the Global Blockchain Leader at EY, explains a transition that will bring blockchain from niche use cases to general-purpose transactions. We were promised a global financial and industrial revolution. We got a mango tracker. Three years since enterprises started exploring the possibilities in blockchain, it's perfectly understandable to be disappointed with … Continue reading A Transition That Will Bring Blockchain From Niche Use Cases to General-Purpose Transactions

Factom Blockchain Project Is Granted the Task to Secure U.S. Border Patrol Data

Factom Blockchain Project is granted the task to secure the U.S. border patrol data recorded with cameras and sensors through a platform in a beta version by being awarded a sum of $192,380 during the final phase of S&T’s Silicon Valley Innovation Program (SVIP), according to a Homeland Security press release. The S&T Identity Management Research and Development Program Manager, Anil John, … Continue reading Factom Blockchain Project Is Granted the Task to Secure U.S. Border Patrol Data

JD.com Plans to Issue Asset-Backed Securities on the Blockchain

E-commerce giant JD.com plans to issue asset-backed securities (ABSs) on the blockchain, reported Cointelegraph on June 13. The subsidiary JD Finance will issue the ABS in collaboration with Huatai Securities and Xingye Bank, according to China’s Securities Regulatory Commission (CSRC) through its media outlet Securities Times. The partnership aims to asses blockchain's potential to support asset … Continue reading JD.com Plans to Issue Asset-Backed Securities on the Blockchain