Australia Poised to Create National Blockchain With IBM Tech

An Australian federal agency is developing a blockchain that will allow businesses to carry out transactions based on smart legal contracts. The Commonwealth Scientific and Industrial Research Organization (CSIRO)Ā saidĀ on Wednesday that its research arm, Data61, is working with law firm Herbert Smith Freehills and IBM to conduct a pilot for a new platform called theĀ Australian […]

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Singapore's stock exchange

Singapore Stock Exchange Taps Blockchain for Faster Settlements

Singapore’s stock exchange is working with the Monetary Authority of Singapore (MAS), the city-state’s de facto central bank, to utilize blockchain in a bid to improve the efficiency of securities settlements. The Singapore Exchange (SGX) said in aĀ releaseĀ on Friday that the collaboration is aimed at scaling up the country’s Delivery versus Payment (DvP) capacity so […]

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MetLife Asia

MetLife Asia Affiliate Trials Blockchain Insurance Product

LumenLab, an affiliate to insurance giant MetLife’s Asia bureau, has successfully trialed a blockchain-powered insurance product to offer financial protection to pregnant women with a risk of gestational diabetes. According toĀ a news releaseĀ published Monday, the product, dubbed “Vitana,” will connect its customers’ electronic medical records to their mobile devices to issue a policy in just […]

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blockchain explorer

A Canadian Government Body Has Built an Ethereum Blockchain Explorer

The National Research Council of Canada (NRC) announced Monday thatĀ it has built an ethereum blockchain explorer. The organizationĀ wroteĀ in a news release that its Industrial Research Assistance Program (IRAP) is now hosting the explorer on the InterPlanetary File System (IPFS) through services provided by Bitaccess, a blockchain startup. Using IPFS, it said, ensures web applications are […]

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Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China

Blockchain and AI technology company Seven Stars Cloud Group has scored a major deal to help raiseĀ $24 billion to fund large-scale electric bus upgrades for China’s biggest full-service operator. According to aĀ press releaseĀ published Monday, under an exclusive contract made with the National Transportation Capacity Co Ltd (NTS), Seven Stars Cloud will issue fixed income lease […]

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Chinese e-commerce giant has launched a blockchain-as-a-service platform alongside its first app ā€“ one that digitally tracks corporate invoices for one of the largest publicly traded insurers in China. According to aĀ releaseĀ on Friday, said the application moves invoice data forĀ Pacific Insurance onto a distributed network at each step of the issuance cycle, automating […]

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Wikipedia Competitor Everipedia’s Blockchain Is Now Live

The mainnetĀ for decentralized encyclopedia startup Everipedia is now live. The blockchain-based Wikipedia competitor announced the launch on Thursday, allowing users to earn its IQ tokens for adding or editing articles to the platform. These tokens, in turn, will let users participate and vote on network governance issues. Everipedia’s developers hope that this type of model […]

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Sony Patent Filings Hint at Work on Crypto Mining Hardware

Japanese technology giant Sony wants to patent two hardware approaches for hosting and maintaining blockchains, newly published documents show. Sony’s two filings are entitled “Electronic Node and Method for Maintaining a Distributed Ledger” and “Device and System,” revealing for the first time that the company is working on blockchain-related hardware concepts. They also set the […]

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