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The open-source blockchain network Aeternity announced it is working on a supply chain management platform side by side with Uruguay Can, a leading cannabis production company in the Southern Cone. Cannabis Production On The Blockchain This solution will allow the company to register and track cannabis strains from the seed to the final product. In…
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The IOTA foundation, the company behind the IOTA cryptocurrency, has just launched what it calls the Industry Marketplace. This is, according to its blog-post, the first-ever autonomous decentralized marketplace: “After forming a consortium of world-leading academics, standardization bodies, enterprises and thought leaders, we are excited to present our joint development that will greatly accelerate industrial…
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Big banking firm Wells Fargo is getting into cryptocurrencies and blockchain technology, according to a press release from the company. The asset will be called Wells Fargo Digital Cash, and will work internally on the company’s distributed ledger (DLT) platform. The goal here is for Wells Fargo to be able to look at its internal…
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Thailand is set to join the crypto space, as its banking and financial system plans to start utilizing blockchain and cryptocurrencies. The Bank of Thailand already declared that it’s developing its own blockchain background and digital currency in a system that will offer and all-round, faster, and real-time interbank settlements. The bond market is expected…
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Blockchain technology is being expected to hit around $1.6 billion come 2025, at least in the healthcare market it is. This news comes to us via Global Market Insights, a global market research and consulting firm. That said, the prospect has already been performing quite well, considering that the market “held USD 2.8 million market…
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In order to continue on its path towards placing power back in the hands of end-users, HTC led a Series A round of financing that allowed Bitmark to gather $3 million. Other investors included Alibaba, WI Harper and DCG. Bitmark is a company that secures digital property rights using distributed ledger technology (DLT). The information…
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Security Matters is bringing blockchain technology to the cannabis industry. It recently filed a patent for a distributed ledger network for cannabis supply-chain. What’s the new blockchain all about? The new blockchain solution from Security Matters is designed to handle the supply side of the cannabis industry. It can be used to manage and track…
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A blockchain startup focusing on customer relationship management (CRM) based in San Francisco, Cere Network, just brought in $3.5 million in a funding round, reports CoinTelegraph. Investors included but aren’t limited to Binance Labs – a subsidiary of the Binance cryptocurrency exchange – Neo Global Capital, Fenbushi Capital, Kenetic Capital, Alphabit Fund, Monday Capital, and…
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Blockchain is one of the most promising technologies of modern times. While the concept of distributed ledgers (DLT) has been around for a long time, its first implementation was done by a developer (a group of developers) called Satoshi Nakamoto in a new cryptocurrency called Bitcoin. In the last decade, blockchain has grown from being…
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In the US, Bank of America (BOA) is one of the leading holders of blockchain patents. Yet, they have just registered another one. The new patent filing on Google Patents states that BOA will adopt the power of the Ripple blockchain within a new interbank settlement and communication system. What is blockchain A blockchain is…
