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German Research Institute To Use Blockchain For Radio-Frequency ID Sensor Systems

The Fraunhofer Institute for Photonic Microsystems (IPMS), based in Dresden, Germany, intends to use Blockchain concepts for the development of wireless radio-frequency identification (RFID) sensor systems in the logistics sector, according to a Feb. 22 press release. The use of Blockchain solutions for the decentralized storage of data generated by... Read More

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W3C Vets Forego ICO for Government-Friendly Blockchain Launch

“Greed brings attention to things,” Manu Sporny says. He’s thought about this for some time, brainstorming the pros and cons of an immensely popular, yet flagrantly hyped new mechanism for raising money – the initial coin offering (ICO). So, today, Sporny and his team at Digital Bazaar, a successful software... Read More

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Video Game Giant Ubisoft Is Exploring Blockchain Use Cases

French video game publisher Ubisoft is exploring potential applications of blockchain in its Strategic Innovation Lab, which studies emerging technologies and their use cases. Lidwine Sauer, the Lab’s director of trends and insights, told the gaming news site IGN that Ubisoft is particularly interested in the blockchain’s ability to offer unique... Read More

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Canadian Diamond Mining Company Hires New CEO, Turns To Blockchain

Canadian diamond exploration and mining company Lucara Diamond has appointed a new chief executive in a move towards modernizing the diamond industry with Blockchain technologies, the Financial Times reported today, Feb. 26. The new CEO, Eira Thomas, will lead the company after its recent purchase of Clara Diamond Solutions for... Read More

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China’s State Media: Blockchain Needs Regulation to Grow

People’s Daily, an official newspaper of the Chinese Communist Party (CCP), is calling for domestic regulation as part of an effort to foster the development of blockchain technology. In a full-page feature entitled “Three Questions to Blockchain” published Monday, the CCP’s official media doubled down on the government’s commitment to... Read More

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Report: Mutual Funds Could Save Billions With Blockchain

A new report argues that switching to a distributed, blockchain-based infrastructure could bring significant financial benefits to the asset management industry. The release from Calastone, a transaction network for the mutual funds industry, predicts that such a move could slash costs for the global mutual funds market by over $2.5 billion a... Read More

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Indian Software Firm, Canadian Research Institute Partner To Promote Blockchain In India

India’s National Association of Software and Services Companies (NASSCOM) signed a memorandum of understanding (MoU) with Canada’s Blockchain Research Institute (BRI) to collaborate on Blockchain education and training in India, tech news outlet CIO reported yesterday, Feb. 22. BRI tweeted a photo of their co-founder, Don Tapscott, signing the MoU... Read More

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Bank of China Moves to Patent Blockchain Scaling Solution

Bank of China, one of the four largest state-owned commercial banks in the country, has filed a patent application for a process it says is better able to scale blockchain systems. According to a document released on Feb. 23 by China’s State Intellectual Property Office (SIPO), the application was first submitted... Read More

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Oil Data Firm Platts Rolls Out Commercial Blockchain Platform

Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain platform for sharing oil inventories in the United Arab Emirates (UAE). Marking one of the first real-world products utilizing blockchain tech in the oil industry, Platts’ network to allow market participants to submit data on... Read More