DMG Blockchain Solutions Inc. (DMG) see yesterday's recreational marijuana legalization in Canada as a big opportunity to integrate blockchain. Canadian cannabis companies are international distributors and an on-chain global supply chain management platform could shave millions,...
Australia To Soon Develop A Nationwide Blockchain Platform
As per CNN report, a data consortium has been formed between Australia’s Commonwealth Scientific and Industrial Research Organization (CSIRO) in partnership with Herbert Smith Freehills and IBM. The data consortium thus formed will work towards...
US Department Of Energy Grants $4.8 Million To Fund Research Of Tech Including Blockchain
Universities working on research and development projects including the projects related to blockchain technology can expect some funding in the near future as the US Department of Energy has recently announced federal funding...
ING Bank Sign Deal With Blockchain Consortium Startup R3 For ‘Unlimited’ Corda Blockchain Deployment
Netherlands-based financing and banking services provider ING Bank has signed a licensing deal for a five-year period with R3. The licensing with the blockchain consortium startup is focused on the deployment of R3...
The Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs have joined forces to integrate blockchain technology to help improve food supply chain traceability. The South Korean government has chosen...
Chinese Internet Search Giant Baidu Launches Its Blockchain Based Photo Sharing Platform “Totem”
In order to incentivize and attract more users Chinese internet search engine giant ‘Baidu’ has recently launched a proprietary token for a whole new blockchain-based photo sharing and validating service. The search engine giant Baidu in...
Ripple and NEM Team Up to Start EU Blockchain Association
In an effort to get into government regulators' good graces, Ripple and NEM have launched an official Blockchain Association in the European Union (EU). The blockchain companies have joined forces to represent the growing tech...
Mastercard is turning to blockchain to help better track consumer payments. In a recent patent filing, the payment mega company reveals their plans to use the distributed ledger technology to record "point-to-point transactions" in real-time. The...
Capital One Applies For Blockchain Patent for 'Collaborative' Authentication Tool
Capital One, the American bank possessing corporation recently applied for a patent application. The US-based banking giant has come up with a new way of incorporating blockchain technology in the most needed and imperative user...
Studies show that digitally mining Bitcoin requires more energy than physically mining actual gold. More energy per US dollar was expended mining cryptocurrencies than was generated mining metals from the earth over the last two...