Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry

Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As reported by Canada’s national public news and information service CBC, the country’s government officially legalized…

World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands

World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas. To prepare the report, researchers conducted…

Indian Internet ‘Blockchain Committee’ Attracts Reps From Zebpay, MasterCard, Microsoft

Indian Internet ‘Blockchain Committee’ Attracts Reps From Zebpay, MasterCard, Microsoft The Internet and Mobile Association of India (IAMAI) is forming a dedicated focus group for blockchain exploration made up of both big business and cryptocurrency players, Indian daily newspaper Economic Times reported Monday, Oct. 15. Confirmed in a tweet Tuesday, the IAMAI, whose remit is to “expand and enhance” the online and mobile…

Rwanda Starts Tracking Conflict Metal Tantalum With Blockchain

Rwanda Starts Tracking Conflict Metal Tantalum With Blockchain Rwanda has turned to blockchain to track the supply chain of tantalum, a metal used in consumer electronics, in a bid to address concerns over conflict minerals in global markets. Rwandan cabinet minister Francis Gatare, who is also CEO of the country’s Mining, Petroleum and Gas Board, announced the…

Brazilian Presidential Candidate Uses Blockchain to Publish Government Plan

Brazilian Presidential Candidate Uses Blockchain to Publish Government Plan Fernando Haddad, the presidential candidate for the Brazil Workers’ Party, has published his government plan via blockchain, per an announcement published on his website Oct. 14. According to the release, Haddad decided to use blockchain technology for disseminating information about his presidential campaign after a long-term struggle with fake news reports. As information stored…

Toyota Uses Blockchain Tech to Reduce Fraud in Digital Advertising Campaigns

Toyota Uses Blockchain Tech to Reduce Fraud in Digital Advertising Campaigns Japanese car manufacturer Toyota has partnered with blockchain advertising analytics firm Lucidity to cut down on fraud when buying digital ads, according to a press release published Oct. 16. Formerly known as KR8OS, Lucidity was founded in 2017 in Los Angeles and offers an Ethereumblockchain solution to track supply chain payments, so advertisers can monitor…

Abu Dhabi, Belgium Ports Collaborate on Blockchain Trade Pilot

Abu Dhabi, Belgium Ports Collaborate on Blockchain Trade Pilot A subsidiary of Abu Dhabi Ports has partnered with Belgium’s Port of Antwerp for a blockchain pilot aimed to facilitate international trade. The proof-of-concept (PoC) trial will be conducted by Maqta Gateway using its own blockchain platform, Silsal, which was launched in June to address inefficiencies in the shipping…

Telegram to Debut ‘Test Version’ of Blockchain Platform TON ‘This Autumn,’ Say Investors

Telegram to Debut ‘Test Version’ of Blockchain Platform TON ‘This Autumn,’ Say Investors Encrypted messenger service Telegram will release a test version of its blockchain-based TON platform “this autumn,” Russian media outlet Vedomosti reports Tuesday, Oct. 16. Speaking to the publication, investors “confirmed” the authenticity of a circular sent to participants in TON’s Initial Coin Offering (ICO) at the start of September. In the…

Sony Builds Digital Rights Management System on a Blockchain

Sony Builds Digital Rights Management System on a Blockchain Japanese electronics giant Sony has developed a new blockchain-based digital rights management system that may see commercial rollout. According to a press release from the firm Monday, the system will help manage copyright-related information for digital content, citing educational content as a prime use case. The…

World Bank President: Distributed Ledger Technology Has ‘Huge Potential’

World Bank President: Distributed Ledger Technology Has ‘Huge Potential’ The president of the World Bank Group Jim Yong Kim has stated that distributed ledger technology (DLT) has “huge potential” and that the bank should keep pace with innovative technologies. Kim spoke at the International Monetary Fund (IMF) and the World Banks’ Annual Meeting in Bali, Indonesia Oct. 11. Kim addressed the importance of…

Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)

Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too) Microsoft is moving to turn blockchain-based decentralized identityfrom a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many…

Citizens Reserve Partners With Comcast-Backed Blockchain Startup

Citizens Reserve Partners With Comcast-Backed Blockchain Startup Blockchain startup Citizens Reserve is partnering with enterprise software startup Blockdaemon to more rapidly deploy nodes. Announced Wednesday, the partnership is aimed at helping Citizens Reserve, lead by a team of former Deloitte blockchain employees, and its clients more quickly deploy nodes using tools developed by Blockdaemon, enabling users to more…