Home / Blockchain (page 30)

Blockchain

New blockchain pilot to address strategic mineral supply chain concerns

www.123rf.com Ford Motor Company, Huayou Cobalt, IBM, LG Chem and RCS Global are planning to use blockchain technology to trace and validate ethically sourced minerals.  The group, which includes participants at each major stage of the supply chain from mine to end-user, will begin with a pilot focused on cobalt …

Read More »

HSBC Settled More than $250 Billion in FX Transactions with Blockchain

Banking giant HSBC says it has settled 3 million foreign exchange transactions totaling over $250 billion using distributed ledger technology (blockchain) in 2018. The project, dubbed “FX Everywhere”, is used by the bank to keep its internal balance sheets in sync. The bank’s global head of currencies, Richard Bibbey, commented: …

Read More »

WeedMD and BLOCKStrain Launch First Blockchain Based Cannabis Validation & Tracking

Canada has made history as being the first country to completely legalize marijuana, which was already an innovative decision to start. Now, that policy has allowed many companies to flourish, though validating authenticity of products has largely been unregulated and unlicensed. WeedMD, a cannabis group based out of Ontario, has …

Read More »

The E-Waste Problem And How the Blockchain Can Solve It – Irish Tech News

As we adapt a tech-heavy lifestyle each year, the problem with e-waste becomes more prevalent. Electronic products and gadgets that typically get thrown in the bin can be repaired, re-used or even sold as long as they’re in working order. The good thing is that more and more people are …

Read More »

How Will Quantum Computing Affect Bitcoin & Other Blockchain Networks?

/latest/2019/01/how-will-quantum-computing-affect-bitcoin-other-blockchain-networks/ IBM, a New York-based IT firm with business offices in over 170 countries, recently announced that it has created a quantum computer, called Q System One, that can “operate outside the research lab for the first time.” According to IBM’s research division, the tech firm’s newly introduced quantum computer …

Read More »

Ford, LG to Pilot IBM Blockchain in Fight Against Child Labor

IBM has announced two separate projects that aim to track supply chains for the metals industry using the Hyperledger Fabric blockchain platform. One is designed to track cobalt traveling from a mine in the Democratic Republic of Congo to a Ford Motor Company plant, while the other seeks to monitor …

Read More »

Role of blockchain in ASEAN’s evolving payments landscape | FinTech

2018 marked a rollercoaster year in cryptocurrencies as the price of Bitcoin surged to record highs of almost $20,000, to lows that we are currently seeing. Many commentators are now saying that the volatility of this nature is the norm that the market has to live with. The public profile of …

Read More »

Ford Motor Company Launches Blockchain Pilot On IBM Platform To Ensure Ethical Sourcing Of Cobalt

Chaos, mesh network, Blockchain concept on dirty backgroundGetty Understanding the true potential of blockchain technology only becomes clear when it’s applied to solving a real-world, global problem. As drivers switch out their gas-powered cars for electric vehicles, a high demand for cobalt has emerged, a mineral used in lithium-ion batteries …

Read More »

Blockchain is all Set to Revolutionize the Drone Industry

By combining blockchain and drones, organizations leveraging these two amazing technologies, can address cybersecurity risks, manage air traffic, and enable strong geo-fencing. While drones have been around for almost a century now it is only recently that they are gaining momentum in unique application areas like goods delivery, agriculture, wildlife conservation, weather …

Read More »

Spanish Energy Firm Repsol Claims Blockchain Can Help It Save 400,000 Euro per Year

Madrid-based energy company Repsol reported a successful test of a blockchain pilot to improve the quality of safety certification of its products. Cointelegraph in Spanish reported the news on Jan. 15. Established in 1987, Repsol is a leading energy company that operates in the oil and gas industry, including exploration, …

Read More »