Blockchain

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Logistics Giant Maersk Starts Using Blockchain Platform for Maritime Insurance

Transport and logistics company AP Moller-Maersk (a.k.a. Maersk) has begun using blockchain platform Insurwave for maritime insurance, Seatrade Maritime News reports Friday, May 25. Developed by EY and Guardtime, Insurwave uses distributed ledger technology from cloud platform Microsoft Azure and follows global insurance standards. At the beginning of May, Microsoft Azure had announced the release of its blockchain... Read More

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Walmart Looks to Blockchain for Retail Product Resales

A new patent application from retail giant Walmart shows how blockchain could be used to augment its digital offerings for consumers. The document, released last Thursday by the U.S. Patent and Trademark Office, outlines a blockchain ledger which would track the items that stores sell to a particular customer. It’s the... Read More

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IBM Partners With Veridium Labs To Let Companies Track Carbon Footprint Via Blockchain

IBM announced a partnership with Veridium Labs to tokenize carbon credits that will allow companies to track their carbon footprint with blockchain today, May 15, in press release shared with Cointelegraph. CEO and Veridium cofounder Todd Lemons said that the use of blockchain to measure carbon emissions through the supply chain will address... Read More

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Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem

Bitcoin, and the idea of digital cash, has taken hold of the banking sector as banks and financial institutions start to experiment internally with blockchains and cryptocurrencies in order to be at the forefront of these technologies. This, coupled with the fact that government organisations and even global leadership bodies such as... Read More

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Sony Eyes Blockchain Use for Digital Rights Data

Japanese technology giant Sony is looking at using blockchain to store digital rights data. In an application published Thursday by the U.S. Patent and Trademark Office, Sony explains that current digital rights management (DRM) solutions that aim for interoperability “may not be very reliable and rely on one unique point of failure.... Read More

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Alibaba Advances Blockchain Food Fraud Platform to Pilot Phase

Chinese e-commerce giant Alibaba is trialing a blockchain platform for supply chain tracking in bid to prevent food fraud. The new pilot program will use the blockchain-based Food Trust Framework to track international shipments to China from Australian healthcare supply firm Blackmores and New Zealand dairy product maker Fonterra via... Read More

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TD Ameritrade buries logo on the blockchain

US brokerage TD Ameritrade has found a novel way to use distributed ledger technology, making a series of transactions in order to imprint an advertisement on Bitcoin’s blockchain. DLT has been hailed as a transformative technology, with financial services firms around the world investing big bucks as they scrambling to... Read More

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IBM Partners with Jewelry Industry on Hyperledger Supply Chain Project

IBM is collaborating with jewelry industry leaders to create a cross-industry supply chain tracking platform, the tech giant announced on Thursday. Powered by a permissioned blockchain built on Hyperledger Fabric, the TrustChain initiative will facilitate the tracking of diamonds and precious metals as they advance from mine to market. The... Read More

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Amazon Web Services launches ‘blockchain templates’

Amazon.com wants to make it easier for developers to create projects based on the blockchain technology underlying bitcoin and other cryptocurrencies. The company’s cloud computing division launched “AWS Blockchain Templates” on Thursday. The product gives users pre-set blockchain frameworks that support two versions of the technology: Ethereum and the Linux... Read More