Blockchain technology

UNICEF to Use Blockchain For Providing Internet in Kyrgyzstan Schools

UNICEF to Leverage Blockchain to Provide Internet Facilities to Kyrgyzstan Schools

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 Provides Milk Tracking to Users Using Blockchain

Carrefour Provides Milk Tracking to Users Using Blockchain

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.

SEBI Adopts Regulatory Sandbox Approach for Implementing Blockchain & AI in Fintech

SEBI Adopts Regulatory Sandbox Approach for Implementing Blockchain & AI in Fintech

The Securities and Exchange Board of India (SEBI) has revealed that it is adopting a ‘regulatory sandbox’ approach to utilize the cutting-edge technologies such as blockchain and artificial intelligence (AI). The SEBI officials have claimed that innovation in Fintech can be better achieved by following a ‘sandbox’ approach, which offers temporary relaxations of regulations to build a safe platform for companies to test Fintech services in a live environment, without lending them full authorisation and licensing protocol.

Malaysian State Plans to Implement Blockchain in Food and Agricultural Products Supply Chain

Malaysian State Plans to Implement Blockchain in Food and Agricultural Products Supply Chain

The Malaysian State of Penang has announced its plans to implement blockchain technology in supply chain management of food and agricultural products. However, no specific details about time or any type collaborations has been revealed yet. The Deputy Minister of Agriculture and Agro-based Industries of Malaysia is assertive that implementation of the technology will reduce the operational costs and improve the overall security by eliminating middlemen.

Mastercard, Accenture and Amazon Partner to Enhance Sustainable Supply Chain

Accenture, Mastercard and Amazon Collaborate for Sustainable Supply Chain on Blockchain

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.

Indian Government Enthusiastically Adopting Blockchain Technology

Indian Government Enthusiastically Adopting Blockchain Technology

In the race of blockchain technology adoption, India has been performing quite well so far. What’s been even more interesting is the fact that, in spite of the country’s stern stand against Bitcoins and other cryptocurrencies, it has embraced the technology with open arms. Moreover, to boost the prospects of decentralized systems in India, Prime […]

Blockchain Gift or Another Loop Hole of Technology

Unlocking the Benefits and Loopholes of Blockchain Technology

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 […]

South Australian Government Signs Contract to Conduct Election on Blockchain

South Australian Government Signs Contract to Conduct Election on Blockchain

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.

JPM Coin is Not a Cryptocurrency, Claims Cheddar Reporter

JPMorgan Clarifies That JPM Coin is Not a Cryptocurrency

JPMorgan has cleared that JPM Coin is not a cryptocurrency, which can be used for trading purpose, rather it is a stable coin created for payments processing and settling debts within JPMorgan Chase. Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, has linked the launch of the coin to the firm’s decision to meet its customers’ demand for a secure and instant payments processing platform.