Raiffeisen Bank, Gazprom Collaborate to Issue Blockchain-based Bank Guarantee

Raiffeisen Bank, Gazprom Collaborate to Issue Blockchain-based Bank Guarantee

The Russian branch of Raiffeisen Bank International has teamed up with major oil firm Gazprom Neft to issue a blockchain-based bank guarantee. According to the report published by Russian newspaper Kommersant, the bank guarantee was issued to conduct a trade finance transaction comprising of Raiffeisen, Gazprom Neft, Belarusian firm Mozyr Oil Refinery, and Priorbank of…

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Blockchain Platform for Real Estate Data in Hunan province, China

Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data

The Chinese city of Loudi has launched a blockchain platform to store real estate data, the Chinese Communist Party’s official newspaper, People’s Daily, reports Nov. 13. The platform is backed by land, tax and real estate departments in the city, which is located in central Hunan province. Starting Nov. 15, the new system will let citizens avoid lines and other bureaucratic processes when…

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027 blockchain-IW

Blockchain: The 2018 Disruptor of the Year

Manufacturers should work with vendors that are implementing blockchain into their processes to shorten lead times, save money and build more transparent supply chains. For bitcoin, 2017 was an extraordinary year as it documented the cryptocurrency’s stratospheric rise and unprecedented entry into mainstream dialog. Regardless of which side of the bubble debate you are on,…

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009 Crypto

How Blockchain Can Rebuild Digital Trust

In 2008, the first blockchain application was bitcoin, a private cryptocurrency or a digital coin which was introduced by Satoshi Nakamoto in a revolutionary whitepaper Bitcoin: A Peer to Peer Electronic Cash System. No one knows Nakomoto’s identity which has been described as a person, a group of people, or a pseudonym. The concept was described…

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