Blockchain
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World Identity Network – New Initiative from Sir Richard Branson
Sir Richard Branson has thrown his influence behind the drive to explore blockchain technology and harness what he believes is its huge potential to bring far reaching benefits to the world. During an exclusive Blockchain Summit organized on his Necker Island last week, the World Identity Network (WIN) was launched. The key objective of this global initiative is to
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Global Blockchain Summit comes to Shanghai in September
The value of blockchain is being seen, well outside of its original bitcoin basis. Mainstream banks, the medical industry and many others are now recognising the benefits of this technology. Next month’s Global Blockchain Summit will provide an opportunity to learn more. Industry gurus such as Nick Szabo and Vitalik Buterin have confirmed their presence at the upcoming 3rd Global
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New Blockchain Solution for Security Issuance
Borsa Italiana, part of London Stock Exchange Group and IBM have announced that they are building a blockchain solution to digitize the issuance of securities for small and medium enterprises (SMEs) in Europe. The new solution is designed to simplify the tracking and management of shareholding information, and will create a distributed shared registry containing a
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Technology Eliminating Paper-based Contracts in Banking
Traditional paper based contracting in the banking world may be a thing of the past. That is if other banks take the route recently travelled by two Australian banks in partnership with IBM. Australian banks ANZ and Westpac have teamed with IBM and shopping center operator Scentre Group and have now successfully digitized the bank
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More Global Banks Join SWIFT Blockchain Proof of Concept
SWIFT announced today that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time. The PoC is part of the SWIFT gpi (global payments innovation) service, the new standard for cross-border payments. The banks that have
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Blockchain set to Change Healthcare Technology
Blockchain is going to change the face of healthcare technology over the next 10 years according to new research just released by Frost and Sullivan. In the next five to 10 years, an ecosystem with healthcare-focused use cases involving health data exchanges, smart assets management, insurance and payment solutions, blockchain platform providers, and consortiums will
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Blockchain Veterans Announce EOS Blockchain Operating System
block.one , a developer of blockchain technologies for businesses, today announced it is developing open source software for EOS, a new blockchain operating system designed to support commercial decentralized applications. The software being developed for EOS plans to use the asynchronous communication of smart contracts and parallel processing in order to support thousands of applications
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Blockchain – Three Key Elements
Blockchain, or distributed ledger technology, is rapidly making its way into the enterprise, perhaps on its way to becoming as revolutionary a technology for business transactions as the internet was for communications in the late 1990s. In the supply chain and logistics industry alone, blockchain technology could potentially help save billions of dollars annually, significantly
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