The Ali Hilal Bank from Abu Dhabi(UAE) has reportedly executed its first blockchain based transaction for Islamic Sukuk (aka Islamic Bonds). As per local media reports, the bank made a secondary market deal worth $500 Million USD for Islamic bond and will be maturing on September 2023. The transaction...
Xerox, a company known for its printing and digital document solutions has received the patent to track changes in electronic files using blockchain. According to US Patent Website, The patent has been first been published on November 13, 2018. As Xerox had filed for it last year August. This patent...
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 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...
With a growing popularity, Blockchain is penetrating every possible way we can imagine using. To quote one such instance, the popular festival Ganesh Utsav celebrated in India is leveraging Blockchain tech. Yes! you read right, the organizers of Ganesh pandal in Andra Pradesh state are now making use of single...
South Korea Customs Service (KCS) is planning to use Samsung’s blockchain technology in order to reduce fraud and keep the custom’s system decentralized. According to Samsung SDS, CEO Won-Pyo Hong stated that the company will develop a blockchain platform (Nexledger) for export customs logistics service. This will be...
