Hyundai has announced that its financial services subsidiary, Hyundai Commercial, has selected IBM to build a new financial supply chain ecosystem utilizing Hyperledger Fabric blockchain. As per sources, Hyundai Card, another financial services subsidiary of Hyundai, will also be joining IBM to implement Machine Learning and develop Artificial-Intelligence based Chatbot for support services.
Google has announced the launch of Blockchain ETL software that enables open source developers extract, transform and load various decentralized applications. The ETL software is designed to allow users load transaction datasets and metadata for eight cryptocurrencies which includes Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, zcash, Dogecoin and Dash.
India has proved its value in the Singapore Fintech Festival when Indian PM confirmed that the nation is open to the establishment of fintech companies and startups exploring in the advanced new technologies like Blockchain, Machine Learning, and Artificial Intelligence.