Revisiting Amazon Move Into DLT With Quantum Ledger Database And Managed Blockchain

Amazon has recently provided some more information about two of its blockchain-related projects. They are the Amazon Managed Blockchain and the Amazon Quantum Ledger Database. The preview of these new products points out that they are still in a very early phase, but that Amazon is getting consistently more interested in the blockchain technology and…

Nestle Digital Head on Obstacles Faced in Implementing Its Blockchain Platform

As the world embraces the wonders and benefits of blockchain technology, companies are looking for the right set of skills to integrate this new technology into their systems. Nestle, the food retail giant, is having challenges implementing its ‘Chain of Origin’ food tracking blockchain solution. In a published interview with TechWire Asia,…

Largest Bank of Africa, Standard Bank, Becomes Newest Member of The Marco Polo Network

Standard Bank, known as the largest banking institution in the African continent, has recently decided to join forces with the Marco Polo Network, a blockchain-based financial company. Now, the bank will start to create financial solutions together with the blockchaincompany. According to the press release, several other important institutions are also partners…

Ex-Coinbase CTO To Be Decentralized Finance Blockchain Project Findora’s New Strategic Advisor

Coinbase’s former CTO Balaji Srinivasan has just decided to be a part of Findora, a blockchain company focused on decentralizing the financial market. The former Coinbase exec will become one of the new strategic advisors of the project. When he left Coinbase, the executive affirmed that he “enjoyed his time” and was ready for…

Shinhan to Team-up With Kakao’s GroundX and Hexlant to Enhance Blockchain Security System

Shinhan has gained a much-deserved reputation as one of the oldest and largest banking companies in operation within South Korea, has announced a brand new partnership with two emerging Fintech companies. The objective? to collaborate and build a brand new security solution with the use of blockchain technology. For this plan to…

Overstock Announces Financial Losses In All Sectors, Including Blockchain in Gross Profits Q2 2019

The retail giant Overstock just released the newest data on its financial results for the second quarter of 2019 and the results are not as good as they were hoping for.  According to them, their revenue decreased 23% and gross profit went down by 19%. tZERO was also unable to get good results, despite…

20th August 2019 Blockchain Summit will take place in Singapore

Asia’s Leading Blockchain for Business Event. Now in it’s 2nd year, Blockchain Summit Singapore is the leading blockchain for business event in Asia. Connecting industry leaders, business decision makers and tech innovators, Blockchain Summit Singapore is a 1 day conference and exhibition dedicated to the business of blockchain and distributed ledger technology…

Multiple Dubai Firms Ready to Launch a KYC-Focused Data Sharing Blockchain Consortium in 2020

As many of our regular readers may recall, late last month, Dubai’s Etisalat signed an official MoU relating to blockchain technology and its potential use within the nation’s real estate sector. Recently, the Dubai Chamber of Commerce and Industry (DCCI) signed an agreement with the ICC and blockchain firm Perlin so as…

Russia’s S7 Airlines Ticketing Platform Processes Over $1 Million In Sales via Blockchain During July

The blockchain is here to bring us the future. S7 Airlines, a major aviation company that is a part of the Oneworld alliance, has recently revealed to the media that it was able to process $1 million USD in its new blockchain payment system during the month of July. This made July…

Australian Digital Currency Association (ADCA) and Blockchain Australia (BA) Announce Merger

Adam Pulton — Director of the newly formed organization — believes that the merger will help in the creation of a stronger, more united voice when it comes to the Australian blockchain industry as well as open new gateways for greater opportunities (within the APAC region.) The merger took place…