Capital One Seeks Blockchain Patent for ‘Collaborative’ Authentication Tool

Capital One Seeks Blockchain Patent for ‘Collaborative’ Authentication Tool U.S. banking giant Capital One is working on using blockchain technology to usher in more convenient and secure user authentication methods for instances such as banking security. In a continuation of a patent application submitted to the U.S. Patent and Trademark Office (USPTO) back in June…

IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data

IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) Aug. 16. The system described in the patent, entitled “Node Characterization in Blockchain,” intends to introduce a…

Huge Chinese Retailer Launches Open Blockchain Platform

Huge Chinese Retailer Launches Open Blockchain Platform One of China’s largest retailers, JD.com, is launching a blockchain platform. The idea behind the JD Blockchain Open Platform is to allow the company’s enterprise customers to develop their own applications based on the innovative and disruptive technology. JD.com Hopes to Encourage Innovation with New Platform The goal…

Blockchain Used to Trace Deadly Chemical Linked to $289 Mln Monsanto Cancer Lawsuit

Blockchain Used to Trace Deadly Chemical Linked to $289 Mln Monsanto Cancer Lawsuit Food safety firm ZEGO is using blockchain to test products for residue of a deadly chemical tied to a recent $289 million Monsanto lawsuit, according to a press release published August 16. Earlier this month, Monsanto was fined $289 million in damages after a court ruled in favor…

Blockchain for Good: How New Technology Is Helping Those in Need in Novel Ways

Blockchain for Good: How New Technology Is Helping Those in Need in Novel Ways There has been a lot of discussion about how cryptocurrencies and blockchain can transform the world’s economy — leaving paper money behind and going truly digital. Indeed, many crypto businesses are pursuing solutions which can eradicate inefficiencies in practically every industry, positively affecting the goods…

Soccer Body UEFA Scores ‘Successful’ Blockchain Ticketing Trial

Soccer Body UEFA Scores ‘Successful’ Blockchain Ticketing Trial The Union of European Football Associations, or UEFA as it’s more commonly known, has just announced the completion of a “successful” trial of a mobile ticketing app built with blockchain. Aimed to make ticket sales for soccer matches “more simple and safe,” the effort saw the organization…

Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions

Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions Ripple is considering breaking into the Chinese market to apply its distributed ledger technology (DLT) to cross-border payments, a Ripple executive told CNBC August 15. Jeremy Light, vice president of European Union strategic accounts at Ripple, said in a phone interview that the company is looking to enter…

Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain

Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain The Bank of Montreal and Ontario Teachers’ Pension Plan have tested a Canadian-dollar debt deal using blockchain, Bloomberg reports August 15. In the pilot transaction, the bank is said to have sold $250 million Canadian dollars (around $190 million) of one-year floating rate deposit notes…

Zoom Builds a Booming Freelance Marketplace with its Outsourcing and Project Management Platform

Zoom Builds a Booming Freelance Marketplace with its Outsourcing and Project Management Platform   Amsterdam – August 2018 – Zoom, the project management and global outsourcing platform, is utilizing blockchain technology to enable business relationships, project planning, and a secure payment system. The Zoom platform facilitates connections between freelancers and virtual companies by using a blockchain…

Messaging Giant LINE Launches $10 Million Token Venture Fund

Messaging Giant LINE Launches $10 Million Token Venture Fund Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an…

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits Several blockchain associations in South Korea are pushing back against a government plan they fear will stifle industry innovation. The groups are objecting to a proposal aired by South Korea’s Ministry of SMEs and Startups on Monday for an amendment to the country’s existing venture business law that would,…

Dusk Foundation Partners with Kryha to Immerse the EU in the First Blockchain Consortium to Tackle Privacy

Dusk Foundation Partners with Kryha to Immerse the EU in the First Blockchain Consortium to Tackle Privacy   Amsterdam – August 2018 – Dusk Foundation, the not-for-profit blockchain research organization, is announcing its partnership with Kryha, the project and management company responsible for the development of blockchain-based products. Kryha and Dusk Foundation will complete the technological roadmap…