Cross-border payments is a large and growing sector, however, it’s slow, costly, and opaque. A new blockchain cross border payments solution from Visa, targeting corporate cross-border payments will help.
Smart contract bugs are increasingly attracting attention, however, smart contract verification is challenging. The Azure Blockchain Platform has now adopted VeriSol, a smart contract verification tool from Microsoft Research, which should help.
The problem of counterfeit drugs is a global one, exposing patients to severe risks. Blockchain can help in combating this, and the recent move by the retail giant Walmart to join the blockchain pharma supply chain project MediLedger is a welcome move
Businesses need enterprise blockchain in order to realize the potential of blockchain, however, enterprise blockchain is hard to implement. A new Blockchain as a Service (BaaS) platform from Salesforce will likely aid them.
South Korea is a happening place as far as the blockchain technology is concerned. The recent Seoul blockchain push by the local government for citizen ID cards will consolidate the gains.
Identity management has a large market, however, it’s plagued with challenges. Blockchain can help here, and the recent move by Microsoft into the blockchain identity solutions space is a good news.
IoT has significant opportunity for consumer products, however, it needs the help of blockchain. Implementing “Distributed Ledger Technology” (DLT) for smart devices can be tricky, and a recent EVRYTHNG/IOTA partnership can help blockchain IoT use cases.
Perth will be home to an Australia a blockchain academy if labor goes on to win the general elections slated for May 8. This will be a first in the country and will definitely excite a lot of crypto enthusiasts…
Real estate a large market, however, real estate transactions are cumbersome, slow, and expensive. A recent blockchain real estate pilot by Barclays and RBS shows promise, though.