One Block Team

Editorial
Fitch Ratings: Blockchain Is a Potential ‘Game-Changer’ for Insurers

One of the “Big Three” credit rating agencies thinks blockchain is a “game-changing technology.” Fitch Ratings touted the potential uses for blockchain within the insurance industry in a report published Wednesday, saying “insurance is fertile ground for blockchain’s capabilities.” In particular, the company sees blockchain as a tool for streamlining... Read More

One Block Team

News
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

One Block Team

News
Salesforce Among 12 New Members to Join Blockchain Research Institute

Cloud computing company Salesforce is among 12 new members to the Blockchain Research Institute (BRI), the multi-million dollar global blockchain think tank announced on Tuesday. Devoted to the study of blockchain strategies, applications and obstacles to implementation, the Institute already boasts the membership of government entities, major tech companies, financial... Read More

One Block Team

News
China’s Official Government Auditor Is Looking at Blockchain Solutions

China’s government auditor thinks blockchain can “open up a window” to more streamlined data storage. In an article published Tuesday on its website, the National Audit Office of the People’s Republic of China discussed using blockchain to alleviate the bottleneck caused by its current data storage infrastructure. At present, the office... Read More

One Block Team

News
Blockchain Insurance Policy Developed for Hurricane-Prone Puerto Rico

The firm behind a blockchain protocol tailor-made for the insurance industry has designed a decentralized policy to cover natural disasters in hurricane-prone Puerto Rico. According to an announcement Tuesday, Etherisc was approached by two local ethereum developers to develop a policy that specifically provides hurricane damage cover for the Caribbean island’s... Read More

One Block Team

News
Korea’s SK Telecom to Build Blockchain for Identity and Asset Exchange

South Korea’s SK Telecom is reportedly launching a blockchain-based platform for authenticating customers’ identities within the year. According to a ZDNet report on Tuesday, the telecoms giant – a subsidiary of the SK Group, one of the largest family-owned conglomerates in South Korea – is developing the new system in... Read More

One Block Team

News
Blockchain entering ‘government-led mode’ with Shenzhen blockchain fund launch

Shenzhen, China’s Silicon Valley of hardware, has announced the official launch of its first venture capital fund focusing on blockchain. The initial scale of the local backed fund is RMB 500 million, Bianews reports. The fund will be government-led signaling that the blockchain industry in China is entering what some... Read More

One Block Team

News
California Takes ‘First Step’ Toward Embracing Blockchain With New Bill

A California Senator’s blockchain bill is advancing in the State Legislature. Senator Bob Hertzberg, a Democrat representing the San Fernando Valley, has introduced a bill that would allow blockchain technology into formal documentation known as a corporation’s articles of incorporation throughout the state of California. Senator Hertzberg presented the bill, dubbed SB 838, to the... Read More

One Block Team

News
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