Posts Tagged ‘blockchain’
Decentralized Browser Brave Becomes Default on HTC Blockchain Smartphone
Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. at the end of 2010, according to TechCrunch. The company’s market share began…
Read MoreFacebook Is Hiring 5 New Staff Members for Its Blockchain Team
Facebook is hiring. The social media giant now has five job openings for blockchain talent at its Menlo Park, California, headquarters in the areas of data science, software engineering and marketing. While the firm’s possible plans for blockchain have not yet been revealed, the ads on its careers pages state that the ultimate goal is to help “billions…
Read MoreUNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’
The United Nations’ charity arm for children, UNICEF, is funding research into blockchain tech. Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. The investments are part of a broader program which already funds 20 technology startups,…
Read MoreState Farm Trials Blockchain Tool for Streamlining Insurance Claims
U.S. insurance group State Farm is testing blockchain tech as part of a new platform for insurance subrogation. State Farm announced Monday that it was trialing a blockchain solution to streamline the manual process of subrogation. Subrogation is the legal right for companies to pursue damages from a third-party responsible for causing a loss to the…
Read MoreSouth Korea’s Second Largest Bank Begins Blockchain Record-Keeping to Reduce Human Error
South Korea’s second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error. The initiative was reported by English-language daily news outlet The Korea Times on Dec. 10. Shinhan, which has sought integration with both the blockchain and cryptocurrency spheres over the past eighteen months, also…
Read MoreIBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System
The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical…
Read MoreChinese Internet Court Uses Blockchain to Protect Online Writer’s Intellectual Property
An Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers, English-language media outlet China.org.cn reports Dec. 8. China has reportedly “set up three Internet courts in Hangzhou, Beijing and Guangzhou.” Internet Courts are courts expressly intended to manage internet-related cases and allow plaintiffs to file…
Read MoreMastercard Files Patent for Increasing Anonymity of Blockchain Transactions
Mastercard has filed a patent for a method of anonymizing transactions on a blockchain, according to an application published by the United States Patent and Trademark Office (USPTO) Dec. 9. The filing outlines that “the use of one or more intermediary addresses to obscure the source and destination of funds in a blockchain transaction” can…
Read MoreBlockchain Policy Development in China Concentrated in Three Cities
Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within…
Read MoreSwiss Post, Swisscom Developing New Blockchain Platform on Hyperledger
Swiss Post, the country’s national postal service, and state-owned telecoms provider Swisscom have united to develop a blockchain platform. The two announced Thursday that they are using Hyperledger Fabric to build their “simple, secure and sustainable” private blockchain infrastructure, intended to be utilized by their own, as well as other companies’, applications. The infrastructure is designed…
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