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

Alibaba Affiliate Will Use $14 Billion Raised to Develop Blockchain And New Technologies

The payment affiliate of China-based giant Alibaba, Ant Financial, will use $14 billion raised in a Series C round funding to develop blockchain and new technologies, reported Coindesk on June 8. The ultimate goal of Ant Financial is to offer inclusive financial services to the underbanked. The sum of money that was raised through the funding … Continue reading Alibaba Affiliate Will Use $14 Billion Raised to Develop Blockchain And New Technologies

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

What Are The Benefits of Combining the Blockchain With IoT?

  Chithra B Unni, a business analyst, answers the question on Quora: What are the benefits of combining the blockchain with IoT? Blockchain, a form of Distributed Ledger Technology, transfers digital information in such a way as to eliminate the chances of data being copied or replicated in any way. Originally this technology was devised for … Continue reading What Are The Benefits of Combining the Blockchain With IoT?