Tag Archives: Blockchain Adoption

Blockchain technology proved its worth recently in a wheat shipment deal from North America to Indonesia worth $12 million. The U.S.-based Cargill Incorporated and the Singaporean international trading company, Agrocorp, completed the trade using the dltledgers blockchain platform. $12 Million Deal On DLT Cargill Incorporated is an American privately held global corporation, whereas Agrocorp is a large International trade firm serving markets with globally sourced commodities. Both entities...

Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingThe Singapore-based branch of Tezos announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have agreed...

Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingBased in Singapore, Tezos Southeast Asia announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have...

Gibraltar is amongst the leaders in terms of blockchain adoption due to its openness to innovation and creativity, said the nation’s minister for digital and financial services. By developing a regulatory regime fit for blockchain-based companies and customer protection at the same time, the country has attracted over a dozen such businesses.Gibraltar’s Nine Principles For Blockchain RegulationAlbert Isola, Gibraltar’s minister for digital and financial services, recently spoke regarding the...

A collaboration including CargoSmart Limited, Cosco Shipping Lines (COSCO), Shanghai International Port Group (SIPG), and Tesla has tested a blockchain-based cargo release application. The app managed to significantly shorten the discharging time needed and made it easier for Tesla’s logistics teams to control the offloading process.Tesla To Employ A Blockchain-Based AppIn a press release from earlier today, CargoSmart Limited announced the pilot project. It comes as a result of a partnership...

An alliance consisting of Chinese government groups, banks, and technology companies will launch the Blockchain-based Service Network (BSN) in April. The innovative platform will be among the first maintained by a central government. It will allow participants to operate on top of it, without having to design a new network from scratch.Blockchain-Based Service Network Comes In AprilAnnounced in the middle of October 2019, only a week before President Xi Jinping said China should invest more...

IOV Labs announced the successful launch of a blockchain network focused on Argentina’s natural gas distribution ecosystem. Dubbed Gasnet, the system is powered by RSK smart contracts. It aims to connect local natural gas distributors, their service providers, and Argentina’s natural gas regulator – Enargas.Blockchain Platform Gasnet To Operate Natural Gas DistributionIn a press release shared with CryptoPotato, IOV Labs announced its newest blockchain-based project. Gasnet will use the...

Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019.Bitcoin AdoptionTwo years after the bank’s CEO, Jamie Dimon regretted calling Bitcoin a “fraud,” JPM issued a 74-page document that involves the largest cryptocurrency. Among the discussed topics, the report outlines Bitcoin’s developments in terms of...

The oldest privately owned bank in UAE, the Mashreq Bank, will utilize blockchain, according to the bank’s Executive VP. By using the technology’s security and easier integration, they will create a platform for smart banking.Mashreq Bank To Use BlockchainFounded in 1967, Mashreq Bank has been a pioneer in many different aspects in the banking sector. Aside from being the first UAE bank to install ATMs and the first to issue debit and credit cards, the large bank will lead in blockchain...

One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase.Barcelona To Launch Own CryptocurrencyAccording to an official press release, FC Barcelona, the captain of which is Lionel Messi, winner of 6 prestigious FIFA Ballon d’Or awards, has teamed up with Chilliz to launch a cryptocurrency.The initiative is part of...