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.
HSBC, British Banking organization has recently performed a blockchain payment in India. This transaction involved two companies Reliance industries and Tricon Energy. According to Times of India, This blockchain payment took place between parties one is the 2nd largest business in India, Reliance Industries and other is a US-based firm...
The blockchain-hype is everywhere, perhaps one of the most benefitted sector from the blockchain is the energy industry. One such example is Lition, which is supplying power to more than 700 households in popular cities of Germany. The power supplying industry Lition is backed by ethereum based decentralized technology and...
Cybersecurity is an area where blockchain needs to be implemented in-terms to secure the data. This is currently being done by Israel Securities Authority as they are using blockchain to enhance cybersecurity. According to timesofisrael, Israel Securities Authority (ISA) has launched a blockchain based messaging platform known as ‘Yael’. This...
While other Enterprises are building blockchain products for their company, AT&T has developed a blockchain solution to automate processes. This solution can be used by other enterprises in the supply chain, manufacturing, retail, healthcare, and others. The company made an official announcement on Wednesday that it has built a...
The crypto wallet maintained by official Blockchain team has filed a complaint in US federal court for copyright infringement and copycat website. As reported on the blockchain blog post, alleged blockchain.io is a fraudulent and copycat website which is deliberately trying to rebrand the actual company assets. What’s...
The MoU signed by ICON (ICX) and SK Group has apparently planned to co-develop the blockchain business models in financial industries. These blockchain products are intended to manage the authentication services, insurance claiming services and hence enhance the overall financial services. ICONLOOP, is a private blockchain organization in South Korea...
