India and China adopting blockchain could be highly significant

India and China have been trying to adopt blockchain amidst all the roadblocks they face. In the 22nd World Congress on Information Technology, Indian Prime Minister Mr. Narendra Modi emphasised the need to rapidly adopt Blockchain technology owing to its transformative potential. Similarly, the Chinese president Xi Jinping endorsed the technology calling it a “breakthrough” in the world of tech, in the annual Academic conference.
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Foreign trade uncertainties can be reduced by Blockchain

A report prepared by Bernhard Dachs on Blockchain and Artificial Intelligence calls out the possible advantages that these technologies can bring to the trading industry. In his report, Dachs highlights how blockchain can reduce the uncertainties in export-related transactions and also make them safer. He also mentioned that blockchain’s decentralized technology can reduce the cost of processing export guarantees drastically. The report also stresses the fact that all sectors must embrace the technology to gain greater benefits of the technology.

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Blockchain and cryptocurrencies not useful for Visa

Alfred F. Kelly Jr., CEO of the international credit card company Visa said that blockchain and cryptocurrencies might not be useful to Visa’s customer payments. While addressing at the Boston college he also mentioned that the company’s success is a great example in the fintech industry. Two of the key topics he touched upon during the Boston Executives Club Luncheon was Blockchain and Cryptocurrency.

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FedEx becomes the 270th Hyperledger member

FedEx, one of the major delivery services company in the U.S. joined the blockchain technology project Hyperledger. The open source project hosted on Linux improves cross-industry blockchain technology. FedEx joins the elite list of companies that include Intel, IBM, J.P. Morgan, Deutsche Boerse. The company’s Senior VP said that the blockchain technology will have big implications on the logistics and supply chain industry.

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Direct Suppliers of Walmart to join retailer’s blockchain

Walmart is supposed to issue a letter requiring direct suppliers of Spinach, Lettuce, and other greens to join its food tracking blockchain network before 31st of January 2019. The retailer will also issue letters to farmers, business partners, and logistical companies to join the network before 30 September. The move came after testing IBM’s blockchain system for 18 months.

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Blockchain start-ups get support from South Korean government

483 0 In an attempt to expedite domestic blockchain growth, The Korean Ministry of Science and Information Communications Technology (MSICT) has come forward to support the blockchain start-ups. Min Won-ki met the companies to discuss government’s idea to boost the blockchain market by launching pilot projects aimed at improving public services. The government is ready to […]

To Blockchain Or Not To Blockchain

It’s no secret that Blockchain is used when multiple mutually mistrusting entities that don’t want to use a third party, mutually agree to interact and make transactions. However, whether Blockchain is the answer to your woes remains a much-debated question amongst product/service teams. Here are some basics that ought to help clear the air.

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Blockchain based certificates to be initiated by Frankfurt finance school

Frankfurt School of Finance and Management (FS) will start offering course completion certificates for students via Blockchain. FS will be the country’s first school to offer blockchain-based certificates to its students. One of the graduates in Blockchain technology from the school will work on a pilot project that will focus on storing certificate on the blockchain.

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