Innovative blockchain-based start-up Cardano has signed a memorandum of understanding (MOU) with the Ministry of Science and Technology of the government of Ethiopia, for agri-tech development using the promising distributed ledger technology (DLT). The MOU has special focus on coffee…
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Huawei launches blockchain-as-a-service platform
Chinese telecommunications, telecom equipment, and services giant Huawei has recently publicly launched its blockchain platform. Their blockchain-as-a-service (BaaS) platform is built on Hyperledger. Readers are aware how cloud computing has brought in several as-a-service models that have fundamentally changed how…
Walmart to use blockchain for tracking live food
US retail giant Walmart will use the promising blockchain technology to improve tracking and quality assurance in their live food business. Walmart has announced their decision recently at the MIT technology Review’s “Business of Blockchain” conference. Large businesses sourcing raw…
Samsung to use blockchain to streamline shipment
Samsung, the South Korean multinational conglomerate, which is also world’s largest manufacturer of smartphones and semiconductors, is exploring blockchain technology to improve tracking of their global shipments. Samsung‘s global shipments amount to tens of billions of dollars in a year,…
Manage Traffic Congestion by allowing cars communicate using Blockchain ?
Ford patents blockchain solution to allow cars communicate for managing traffic congestion: American auto-maker Ford has patented a technology that will allow cars to communicate between themselves and help manage traffic congestion. The blockchain-powered solution envisages a crypto token to…
Walmart Plans to Reduce Cost Of Doing Business using Blockchain
Guest Author – Samson Walmart plans on using blockchain to facilitate shipping through tracking packages on transit. Walmart patent application filed on August 2017 will allow them to deploy the smart package to aid in tracking of the goods in…
Future of Intellectual property protection on a blockchain ? by Huawei
Shenzhen, Guangdong, China-based networking and telecommunications giant Huawei has applied for a patent, to use blockchain for the purpose of protecting intellectual property rights. Filed in August 2016, and currently being evaluated by China’s State Intellectual Property Office, the patent…
Cryptocurrencies included in Bank of America Business risk list
Author – Sam Reads, UK Bank of America admitted cryptocurrencies pose a material risk to its business model in its annual report. In a report published and filed with the US Securities and Exchange Commission (SEC), Bank of America -one…
Intel plans to infuse blockchain technology into genetic sequencing
Technology giant Intel plans to bring in the blockchain technology into the world of genetic sequencing. One of their recent patent applications involves using the resource-intensive “Mining” operation of blockchain, to transform the complex process of genetic sequencing. Deoxyribonucleic acid…
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