UNICEF has announced that the non-profit organization is looking forward to providing internet facilities in Kyrgyzstan schools using Blockchain Technology. The plan has been decided to be formulated under the Project Connect initiative currently working in Kyrgyzstan. The project is now in its pilot stage where it is undergoing through various trials.
Carrefour, the French multinational retailer, has now launched the second phase of plans which aims to track milk production and its life cycle using blockchain technology. Reportedly, the implementation of blockchain technology will allow the customers to find out various details, including the dairy farm GPS location, the feeding details of the cows, and the time and process of the packaging of the milk.
Accenture has announced its collaboration with Mastercard, Amazon Web Services, Everledger and Mercy Corps to introduce a ‘circular supply chain’ focusing on creation of a blockchain-based transparent supply chain platform. The platform will use digital identity management and blockchain technology to enable consumers know the complete supply chain journey of products, from start to finish.
Mark Zuckerberg, Facebook’s CEO, in a recent interview with Jonathan Zittrain, a Harvard Law Professor, has revealed his plans to enable Facebook login using blockchain, which is expected to eliminate the need to depend on 3rd party services like Facebook Connect, a single sign-on app. The pros of the move include empowering the individuals to know when and how they might be giving consent to an entity to use their credentials.
Samsung has launched Galaxy S10 smartphone, featuring cryptocurrency storage to house private cryptocurrency keys. Currently, the phone has been announced in Seoul, San Francisco, and London. According to the company, Galaxy S10 comes with Samsung Knox function that will provide a hardware-backed secure storage for the private keys. The feature is expected to enable the smartphone users experience streamlined blockchain-enabled mobile services.
Binance has announced the launch of testnet of its new decentralized cryptocurrency exchange, Binance DEX. The exchange, which is based on Binance Chain, is now available for customers, and allows users to create wallets and exchange tokens on the Binance DEX testnet. The exchange is also claimed to support secure decentralized software and hardware wallets.
Every now and then, we come across several news about Blockchain Technology and its adoption across all industries, and various pilots projects being carried out by governments of different nations. So, what has made this technology so widely popular across all verticals in just a few years? Let’s discuss the basic features that have made […]
The Mumbai Crime branch, in India, has uncovered a gang behind a $13 million (INR 100 crore) cryptocurrency scam, which was spread over the states of Maharashtra, Gujarat, and Uttar Pradesh. The scammers had launched a scam coin, dubbed Cashcoin, which was claimed to be similar to Bitcoins. The gang cheated people by promising them double returns within two months.
The South Australian Government has signed a contract with Horizon State, a blockchain solutions provider, to assist the government in conducting a blockchain-based election. The New-Zealand based company will provide technology and support for the voting process. As per sources, the blockchain voting technology has already been integrated with the state’s online polling website.
The US Federal Drug Administration (FDA) has launched a pilot project to use blockchain technology to enhance the tracking and authentication of prescription drugs and restrict the flow of illegitimate products from entering the food and drugs supply chain. The organization has also appointed Frank Yiannas, a technology expert in global supply chain, to work on advanced technologies like blockchain and empower the US food supply.