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Tag Archives: Blockchain Adoption

Coca Cola Taps Ethereum Blockchain for Supply Chain Management

The Coke One North America (CONA) aims to utilize Ethereum’s Baseline Protocol in a new project to manage supply chains across different bottling suppliers.Coca Cola to Create Botting Harbor with Ethereum-based NetworkAccording to a report from Monday (August 3, 2020), CONA established a project called “Coca-Cola Bottling Harbor,” which will leverage the Baseline Protocol. The use of the protocol will ensure that transactions are private and stored on the Ethereum blockchain.The project is an...

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ESPN To Launch Online Gaming Platform With Bitcoin Payments

ESPN Global has recently developed an online gaming platform with blockchain technology. The E-Sports Programming Network’s gaming environment will allow users to compete with each other in a variety of game battles and tournaments, where they’ll be able to win money.Players Can Make Payments Via BitcoinAccording to a news report, the upcoming platform will give users the chance to get a premium membership, which will allow them to play slots, plus early access to the latest and most...

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Another Crypto Project Featured on Samsung Galaxy Smartphones

After adding Stellar to its Samsung Blockchain Keystore, the tech mogul has also featured another cryptocurrency project under its kit.Namely, this is the Decentraland Marketplace application that has already been added to Samsung’s Blockchain Wallet, as per a recent report.Decentraland Joins Samsung Blockchain WalletAccording to an official announcement, the smartphone giant Samsung, who’s attempting to further the adoption of blockchain technology, has involved the popular project...

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R3 CEO Leverages Blockchain for Old-Fashioned Bond Market

David Rutter, CEO of blockchain firm R3, is independently working on a platform that leverages the distributed ledger technology (DLT) for bond trading.Digitizing the Corporate Bond Market with BlockchainThere is no doubt that the bond market is among the largest securities markets in the world, and yet trades are still handled over the phone. David Rutter, who founded R3, wants to modernize it by adopting blockchain technology. He started a corporate bond tech venture called LedgerEdge. The...

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JP Morgan And Singapore’s Investment Giant Temasek Have Developed A Blockchain-Based Payment Network

A recent report informs that Singapore has developed a fully functional blockchain-based payment network allowing faster and cheaper international settlements. The team behind it, including investment giant Temasek and US multinational bank JP Morgan, is finalizing technical details for the prototype, and the final product should arrive soon.Singapore Taps Blockchain For A Payment NetworkAccording to the report from Reuters, local authorities announced earlier today that the platform, called...

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US The Country With Most Blockchain-Related Patents, Alibaba Is The Leading Company

Blockchain utilization is continuously rising in various countries across the world, a recent report revealed. It outlined that US-based companies have been awarded the most substantial number of patents for blockchain endeavors, but the Chinese multinational giant Alibaba is the single entity to receive the most.Blockchain Patents Across The MapThe report from the China Patent Protection Association (CPPA) examined data from 2014 to the middle of 2020 regarding the number of blockchain...

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Big Four Accounting Firm KPMG Launches Tools To Help Institutional Cryptocurrency Investors

KPMG Chain Fusion is set to help traditional financial companies and fintech startups provide well-managed crypto asset services.Aiming At Institutional ClientsIn a recent announcement, the company presented KPMG Chain Fusion. The project aims to help the management of crypto and traditional assets over public and private blockchain networks for institutional clients.The new set of capabilities will be able to assist customers in managing and addressing global regulatory considerations for...

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Deloitte Survey: Almost Twice as Many Companies Use Blockchain Compared to Last Year

More companies are utilizing blockchain, reveals a recent study compiled by the multinational professional service network Deloitte.Interestingly, the Asia-Pacific region appears to be leading on the matter with the most use cases employing the distributed ledger technology (DLT).Blockchain MaturesDeloitte surveyed nearly 1,500 senior executives and practitioners from large companies from 14 countries, including Canada, the UK, the US, Singapore, Israel, China, and Germany. In its third...

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Major Tokyo Company To Use Blockchain To Trade Excessive Electricity

A local report indicated that Tokyo Electrical Energy Firm Holdings Inc (TEPCO) has partnered with the Japanese trading company Itochu Corp, to develop a blockchain-based platform to trade surplus of electricity between households.Blockchain-based Trading Platform For ElectricityAccording to the Nikkei, TEPCO and Itochu signed the partnership to utilize blockchain technology for the upcoming product. The two organizations began initial development stages for the innovative trading platform...

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Ontology Network Partners With Leading Swiss Crypto Firm Bitcoin Suisse

Blockchain project Ontology Network has partnered with Switzerland’s leading crypto-financial service provider, Bitcoin Suisse AG, to strengthen the European and Asian ecosystems.Ontology is a high-performance platform that supports collaboration among public blockchain and distributed ledgers that can be customized for different applications.Cross-market CollaborationThe partnership allows Bitcoin Suisse to list Ontology’s native token, ONT, for trading on its exchange, and in return,...

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