Blockchain technology is a type of distributed ledger that consists of blocks of information that are linked together in an encrypted chain of transactions. It allows for a highly secure form of surveillance and also has the potential to power brand new applications, platforms, and business models entirely.
Ernst & Young(EY), a popular accounting firm made a recent announcement about the acquisition of crypto-based technology company called Crypto-Asset Accounting and Tax (CAAT). It is evident that more and more companies are showing interest in blockchain technology nowadays and in pursuit to enhance their strengths in blockchain field, the...
Monetary Authority in Hong Kong is working along with major banks in order to launch a platform which will digitize the entire trading system. As a result, the finance system will be digitized as well. Moreover, a lot of activities will be automated as well. This platform will be based...
Amaravati is the new capital city which is being built in southern India. The land acquired by the government as well as the other work for the city is being done with the help of blockchain technology. As a result, the documentation is tamperproof. Moreover, blockchain is providing secure and...
Thales Group and Accenture are working on the blockchain-based tool which will track the aircraft supply chain. With the help of this blockchain-based tool, proper tracking of various components of the aircraft supply chain will be possible. As a result, it will help the defense industry as well as the...
Popular aerospace company Boeing is reportedly working on blockchain technology to trace UAV(Unmanned Air Vehicles) used for cargo and urban air travel. As per the official announcement, the company is planning to launch a decentralized system in association with an AI firm SparkCognition. Through this the company is solving...
Singapore is a country which is always at the forefront of adopting newer technology. In this regard, it is also working to adopt the blockchain technology as well. Recently, the country launched its 1staccelerator program specifically designed towards the use of blockchain. This accelerator program will be a huge help...
