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Maersk and IBM Joint Blockchain Venture

IBM and Maersk introduce TradeLens Blockchain Shipping Solution designed to promote a more secure and efficient global trade, bringing together all the parties involved to support transparency and information sharing, and spur industry-wide collaboration and innovation. TradeLens is the result of the collaboration announced early this year in Jan 2018, advances as more than 94 organisations participate in the Global Trade Solution. TradeLens platform has been jointly developed by IBM and Maersk to offer a global trade digitised platform built on open standards and designed for use by the entire global shipping ecosystem. Today, the cost and size of the world’s trading ecosystems continue to grow in complexity. More than $4 trillion in goods are shipped each year, and the ocean [...]

By |2019-04-02T15:30:53+05:30April 2, 2019|Blockchain, Blogs, Technology|Comments Off on Maersk and IBM Joint Blockchain Venture
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First-ever We.Trade Blockchain Platform Goes Live

The We.Trade Blockchain Platform for Trade Finance Platform established by a consortium of nine banks in Europe has created a breakthrough conducting seven live Trade transactions by ten companies and four partner banks. The founding member banks of the Digital Trade Chain (DTC) consortium has now re-branded as "We.Trade." Powered by the Hyperledger Fabric blockchain framework using IBM's platform, we.trade provides a platform for tracking, managing, and protecting open trade account transactions between the SMEs. It harnesses both the Smart Contracts and Distributed Ledger Technology (DLT). It connects the parties involved in the trade (the buyer, buyer's bank, the seller, seller's bank and the transporter) and registers the entire trade process, the order of payment, displaying it on the dashboard [...]

By |2019-03-15T15:30:04+05:30March 15, 2019|Blockchain, Blogs, Technology|Comments Off on First-ever We.Trade Blockchain Platform Goes Live
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NYSE launches Digital Currency Exchange

Intercontinental Exchange (ICE), Owner of NYSE to launch Bakkt the Federally Regulated Global Platform and Ecosystem for Digital Assets The ICE founder, Chairman and CEO - Jeffrey C. Sprecher of the trading colossus of 23 regulated exchanges, global marketplaces, operator of 6 central clearinghouses and listing services, announced the formation of the new start-up entity called "Bakkt." Kelly Loeffler, ICE's head of Digital Assets and is the CEO of Bakkt, explains "Bakkt" as a play upon words "backed,' which means "Asset-backed Securities," and is intended to evoke a highly-trusted investment. Jeff believes that Bitcoin could be the 'First WorldWide' currency to see the Wall Street warm up to trading Virtual Currency and has the potential of greatly simplifying the movement of global money. [...]

By |2019-03-12T15:30:36+05:30March 12, 2019|Blockchain, Blogs, Technology|Comments Off on NYSE launches Digital Currency Exchange
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Blockchain Engaging TrustChain in Jewelry

World's leading Diamond and Gold Jewelry Industry Giants form the Consortium called "TrustChain" in collaboration with IBM to put Jewelry Supply chain on IBM's Blockchain Platform. https://youtu.be/FHJBpofEOqI The TrustChain utilises IBM's Blockchain Technology solution to improve global provenance in the diamond and jewellery supply chain. This collaboration is a unique one as it leverages IBM's Blockchain Platform, Underwriter Laboratories (UL), Independent third-party verification together with the five diamond and jewellery companies that represent the global supply chain namely - Rio Tinto Diamonds (diamond supplier for PoC), Leach Garner (Precious Metal Supplier), Helzberg (US Jewellery Retailer), Asahi Refinery (Precious Metal Refinery), and the Richline Group (Global Jewellery Manufacturer). Let us assume you want to buy a beautiful diamond necklace for yourself, but [...]

By |2019-02-26T15:30:44+05:30February 26, 2019|Blockchain, Blogs, Technology|Comments Off on Blockchain Engaging TrustChain in Jewelry
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Blockchain Choking Hazard

Blockchain technology has radically transformed and gained traction in the capital markets industry as one of the most revolutionary technological developments in the recent history. The last few decades was about the 'Internet of information.' Now the internet is entering an era based on the blockchain. The industry is witnessing the rise of 'Internet of Value.' In the era of the Internet of Information, the industry experienced the convergence of computing and communications technologies, while the Internet of Value will be powered by a smart combination of mathematics, cryptography, software engineering and behavioural economics. The blockchain technology which is also called the distributed ledger technology promises to disrupt industries by challenging how we define value, structure society and reward contribution. [...]

By |2023-09-14T10:35:04+05:30January 28, 2019|Blockchain, Blogs, Technology|Comments Off on Blockchain Choking Hazard
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Blockchain revolutionising the fintech capital of India

The blockchain is the invisible technology that is radically transforming the future of the world economy and gaining traction in the capital markets industries. Big corporations are racing to build blockchain platforms. The technology will disrupt the future of digital transformation across industries and businesses. The blockchain is a digitized, distributed, decentralized, and incorruptible public ledger of all digital assets and economic transactions that are recorded in chronological order within a worldwide network called peer-to-peer (P2P) of distributed 'nodes' or computers. In a nutshell, the key advantages of a blockchain are authentication, transparency, and auditing which eliminates the existence of the intermediaries. Major financial institutions and tech giants are carrying out blockchain technology driven innovations. It has been adopted by [...]

By |2018-12-27T15:30:18+05:30December 27, 2018|Blockchain, Blogs, Technology|1 Comment
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Blockchain Hydra Monster

The Blockchain is the invisible technology that is revolutionizing the future of the world economy. Big Corporations are racing to build Blockchain platforms for harnessing the digital transformation across industries and businesses. The Blockchain is a digitized, decentralized, distributed, and incorruptible public ledger of all economic transactions or digital assets that are recorded in chronological order within a worldwide network called "Peer-to-Peer (P2P) of distributed "nodes" or computers. In a nutshell, the key advantages of a blockchain are Transparency, Authentication, and Auditing which eliminates the existence of the "Intermediaries". This paradigm shift has led major financial institutions and tech giants to drive innovations using blockchain technology for developing various use-cases that can be adopted by several other industries. There have [...]

By |2018-12-03T15:30:32+05:30December 3, 2018|Blockchain, Blogs, IoT, Technology|Comments Off on Blockchain Hydra Monster
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