Banque De France Calls for An Embrace of Blockchain Financial Solutions In The Euro-System

France’s central bank First Deputy Governor speaks on all of the Eurozone adopting a blockchain-based settlement system or at least considering central bank digital currency (CBDC). The Central Bank of France is pushing for a blockchain-powered settlement system in the European region for quick and cost-effective euro transfers. Dennis Beau, the Deputy Governor, spoke in…

Russian Banking Giant Sberbank Awarded Blockchain Repo Patent, Parties To Settle Using DLT

In the latest turn of events, Russia’s Sberbank Rossii becomes the first to obtain a distributed ledger technology (DLT) patent. The Sberbank blockchain patent obtained for an operational engine using DLT and a Repurchase Agreement (repo) dealing with a smart contract solution. The patent solution allows stakeholding parties to self-execute the deal after registering the…

Huawei and the Government of China Set to Collaborate Around Blockchain Technology

In light of China’s President praising blockchain technology’s future, it appears Huawei is partnering with the Chinese government to work on distributed ledger technology implementation. A China-based blockchain industry member recently reported that Huawei could be making forays in the blockchain market. Based on reports from the member by the name of Alice Crypto, Huawei…

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…

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota has partnered with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy…

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota has partnered with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy…

Canadian Securities Regulators Include DLT in 2019–2020 Business Plan

The Canadian Securities Administrators (CSA) are focusing on understanding and regulating distributed ledger technology (DLT) and its related components. The Canadian securities regulatory agency included a section on DLT and crypto assets in its Business Plan 2019–2022 that was published on July 13. The CSA’s business plan for 2018–2022 was approved on May 28, and represents a…

Walmart China Will Track Food in Supply Chain with Vechain’s Thor Blockchain

Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25. Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store & Franchise Association. WCBTP has been reportedly announced at the 2019 China…

SWIFT to Allow GPI Payments on Blockchain Platforms

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms to use its global payments innovation (GPI) platform, according to a recently published report. In the report, SWIFT revealed that it will soon allow GPI payments on DLT-base platforms. The product will purportedly increase savings in reconciliations and boost the movement of collateral.…

UK-Based Global Funds Network Calastone Switches Entire System to Blockchain

London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20. Per the release, the migration of the company’s over 1,800 customers over 41 markets “represents the largest community of global financial services organisations connecting and transacting via distributed ledger…