HSBC finalizes landmark trade finance transaction on blockchain
The transaction, which usually takes around a week to complete with paper-based processing, was finalized within a few hours on the blockchain, according to HSBC.
The transaction, which usually takes around a week to complete with paper-based processing, was finalized within a few hours on the blockchain, according to HSBC.
Through its subsidiary, LG has created a blockchain-powered service that provides logistics capabilities for finance, communication and manufacturing firms.
Wenn Digital developed KODAKOne, a blockchain-based system that protects the copyright of images or photographs registered on the platform.
Federated Investors VP Steve Chiavarone calls blockchain one of five “key technologies,” along with AI and the Internet of Things, that will drive the next industrial revolution.
The Colorado legislators decided to sink a bill that would have exempted some cryptocurrencies from being regulated as securities under the Colorado Securities Act.
Centrica has begun trialing blockchains using distributed ledger technology to enhance the company’s Local Energy Market under its Exergy program.
Chinese social media app WeChat has suspended a blockchain-based program Xiao Xieyi less than a day after its launch.
Marshall Islands is reportedly looking to offer a proprietary digital currency, which would be legal tender alongside the local fiat currency.
Gary Cohn sees a future that accepts a global digital currency solution. However, he doesn’t believe that BTC will be that solution, calling, instead, for a cryptocurrency that is “more easily understood” by consumers.
A new report examining malicious activity on the BTC blockchain has found a large number of exploits being shared between nodes across the network, and concluded that BTC was ‘3x more evil than the Internet’.
Touted to be the “world’s first blockchain smartphone,” the Finney is due to arrive before 2018 ends, and when it does, expect a spec list that will rival any other flagship smartphone.
Australia joins the global wave of government-endorsed blockchain exploration.