Blockchain

China Launches Blockchain-Based Internet Court in Hangzhou

Report: China Sees 37% Drop in Blockchain Salaries in FY 2019

Though blockchain sills have been rising in the global market, some countries like China have seen reduced salaries offered to blockchain professionals in FY 2019. The new report released with the title “2020 China Blockchain Professional Development Report” says. Per the report, the average salary offered to any blockchain industry employee in China has dropped […]

EY Japan to fight counterfeit sake with blockchain

EY Japan to Fight Fraudulent Sale of Fruit & Sake with Blockchain in Asia

Japan-based global accountancy firm Ernst & Young has announced its plans to launch an ideal blockchain system for tracking and tracing Japanese fruit & sake. It ensures the prevention of fraudulent products’ sales in the Asian country. As per Asian Nikkei Review, SAKE Blockchain by EY Japan will soon be rolled out across Asia once […]

Blockchain in Agriculture

Blockchain for Australian Farmers: A Shield Against Worsening Climate

Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen – with an increased climate estimated to have reduced yearly profits by 22%. The current bushfire season has had a disastrous impact on the agricultural industry. NASA […]

Alibaba's Import E-commerce Platform adopts Blockchain traceability system

Alibaba’s Import E-Commerce Platform Adopts Blockchain Traceability System

Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain Increases Logistics Transparency The report revealed that the integration of Ant Financial’s blockchain in the Koala platform allows online buyers to […]

Blockchain Development Across South Korea

South Korean Government to Grant $3.2M to Blockchain Companies

Two South Korean ministries have announced their support for the blockchain industry in the country with plans to allocate up to $3.2 million in funding to local startups to encourage the use of such technology. The Ministry of Science and ICT (Information and Communications Technology) and the Ministry of Information and Communication Industry Promotion will […]

Binance and WazirX sets up $50M

Binance & WazirX Sets Up $50M Indian Blockchain Fund to Foster Growth

Global decentralized cryptocurrency exchange Binance Group and WazirX are going to share the same stage to foster the growth of the Indian startup ecosystem. The collaboration has set up a $50 million (Rs 370 Crore) blockchain technology fund for India weeks after the Supreme Court struck down the curbs on cryptocurrency trade in the country. […]

standard chartered bank

Standard Chartered Bank Joins IBM & Maersk’s Blockchain Shipping Platform

Standard Chartered Bank has become the first financial institution to join TradeLens, the global blockchain shipping platform created by IBM and the Danish logistics giant Maersk. The London-headquartered bank announced its decision on March 10, with global head of trade, Michael Spiegel, stating that digital ecosystems like TradeLens have the potential to promote the sustainability […]

Verizon use blockchain technology

Verizon Boosts Security Portfolio with Blockchain Technology

Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled with a blockchain environment, according to the US technology firm on 5th March. In the case of VID, identity information is […]

pantera capital

Japanese Marketing Firm Invests in Pantera Capital Crypto Fund

Ceres, a marketing firm based in Japan, has just become the latest investor in the San Francisco-based blockchain and cryptocurrency hedge fund Pantera Capital. On Feb 28, Ceres announced on its website that they were supplying Pantera an undisclosed amount of yen towards the group’s third crypto fund. As the first Bitcoin fund in the […]

Walmart Joins Hyperledger

Walmart Joins Hyperledger Alongside Seven Other Companies

Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on 3rd March at the Hyperledger Global Forum 2020 in Phoenix, Arizona. Sanjay Radhakrishnan, the VP of Walmart Global Tech, expressed excitement in joining the platform, stating: […]