Ford Uses Blockchain Tech to Track ‘Green Miles’ Driven By Vehicles

The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles. Analyzing real-world benefits of energy-efficient vehicles On Oct. 15, Ford announced that it is expanding its European plug-in hybrid electric vehicle (PHEV) pilot project to Cologne in Germany. The United States…

Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank and Vesuvius GmbH, are piloting Russia-Germany cross-border payments on R3’s Marco Polo network. Powered by R3’s Marco Polo Blockchain Global Trade Network On Oct. 11, Alfa-Bank announced that it is launching a foreign trade finance pilot transaction, with the cooperation of NLMK, Commerzbank and Vesuvius…

Iota Launches Decentralized and Autonomous Industrial Marketplace

Non-profit blockchain organization Iota Foundation has released a platform enabling a decentralized and autonomous industrial marketplace. World’s first autonomous and decentralized virtual marketplace Dubbed the Industry Marketplace, Iota’s new product is a joint initiative that aims to accelerate industrial automation and commercial machine interaction, the organization announced in a blog post on Sept. 19. Serving…

Major Computer Chip Maker Faces Infringement Lawsuits From Competitor

TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF patents, according to an…

Xendpay Joins RippleNet to Expand Global Money Transfer Services

Money transfer service Xendpay has joined Ripple’s global network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the news release, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial…

Germany: CDU and CSU Union to Integrate Blockchain Into Public Services

In Germany, the CDU and CSU Union wants to integrate blockchain technology into public services, Cointelegraph Deutschland reported on June 25. The CDU and CSU Union represents the centre-right Christian democratic political alliance of two parties in Germany, the Christian Democratic Union of Germany (CDU) and Christian Social Union in Bavaria (CSU). In the original announcement published earlier today, the Union revealed that it wants…

Germany opens a blockchain consultation process

Germany opens a blockchain consultation process

Europe’s largest, and the world’s fourth-largest economy has opened a consultation process on the applications of blockchain technology. Germany intends on presenting a concrete strategy for the industry by the summer. As reported by Reuters, the government invited all stakeholders in the blockchain industry to table their recommendations for the way forward. Quoting government sources,…