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.
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.
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.
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.
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 […]
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 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.
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.