US Customs and Border Protection to Use Blockchain-based System to Track Canadian Oil and Gas Imports

The US Customs and Border Protection, which is part of Homeland Security, is partnering with Mavennet Systems to build a blockchain-based system to track oil and gas imports from their northern neighbor. They have allowed almost $183,000 for building this blockchain-as-a-service platform. The belief is that the system would allow for tracking of these imports…

China Smart City Initiative Set to Integrate Blockchain ID System for Data Sharing Connectivity

Chinese city of Shijiazhuang will implement a blockchain-based identification system to enable smart cities to share tamper-resistant data and enhance connectivity. The Chinese smart city initiative will integrate blockchain technology to manage identification profiles across the cities. The initiative, contextualized in 2012 and officially started construction in 2016, ranges over 500 test city projects with…

Presidential Committee Commits to Giving Crypto a Legal Status in Korea

Korean Government receives recommendation from country’s Presidential Committee to issue cryptocurrencies a legal framework and regulatory status to help boost innovation. During the 4th industrial revolution, the Korean presidential committee urged the government to accord cryptocurrencies a legal status. The committee said that this was to assist the country so it remains at the front…

AEternity Blockchain Platform Releases its Final Hardfork Software Lima, Looks to Rival Ethereum

Æternity’s core development team shares details of its Lima blockchain hard fork software changes as the blockchain platform looks to compete with Ethereum by improving its network naming system, governance and virtual machines. Æternity, an open-source blockchain platform for building a decentralized application has announced the final version of its hard fork software LIMA. The…

Industry Giant, Coca-Cola, Now Using Blockchain Technology From SAP to Enhance Efficiency

Coca-Cola and SAP partner to use blockchain to help track supplies to bottlers, increasing transparency and efficiency. Using distributed ledger technology (DLT) will help Coke better control its $21 million supply chain across 70 franchises. Coca-Cola bottlers, based in Alabama is the latest global corporation to embrace and implement blockchain technology. It follows on the…

Deutsche Börse Starts New Partnership with Cashlink To Enhance the Buying Securities Process

Deutsche Börse Venture Network (DBVN) and Cashlink fintech company partner to enable institutional investors the ability to buy and transfer digital securities easier. The Deutsche Börse Venture Network, known as the venture capital branch of the German financial marketplace, has started a new partnership that is set to ease the way that institutional investors can get…