Cargill and Agrocorp see success in cross-continent blockchain transaction for wheat

Here's a new interesting blockchain case study featuring the food supply chain. Food and agriculture giant Cargill, alongside agri-commodity trading provider Agrocorp, have announced the completion of a test whereby wheat was procured cross-contintent on a blockchain platform.

The commodity trade transaction, which went from North America to Southeast Asia of a shipment valued at $12 million, was settled on April 1 using Singapore-based DLT ledgers, according to a...

Alibaba offshoot Ant Financial launches SMB blockchain platform following enterprise move

2020欧洲杯最新战况Ant Financial Services, an offshoot of Alibaba, has launched a new blockchain platform for small enterprises and developers.

2020欧洲杯最新战况OpenChain aims to provide developers and organisations access to Ant Financial's proprietary consortium of blockchain technologies, enabling them to deploy smart contracts and decentralised apps with greater efficiency and lower cost.

2020欧洲杯最新战况The product 'features industry-leading blockchain technologies developed by Ant Financial to build trust in...

Libra changes course after regulatory hurdles with more ties to local currencies

Meet the new Libra - not quite the same as the old Libra. The Facebook-backed digital currency initaitive has today launched a redesigned roadmap after encountering blowback from regulators.

The vision for Libra is now to create a more traditional payment system tied to local currencies, including USD, EUR and GBP. The Libra coin (LBR) - therein the original concept of a digital currency backed by assets - remains, but as co-creator David Marcus noted, will be a "smart contract...

China unveils blockchain committee with Huawei, Baidu execs and industry CEOs aboard

2020欧洲杯最新战况The central government of China has announced the membership of its national blockchain committee to help bring about standards in distributed ledger technologies.

The 71-strong group, according to a release published on April 13, includes various government staff, academics from technological institutes, as well as business. Senior executives from Huawei, Baidu and Tencent are on the list, as well as CEOs of blockchain and DLT startups in China, including Li Wei, CEO of Hangzhou...

Tesla among stakeholders in Shanghai blockchain cargo trial

2020欧洲杯最新战况Tesla has joined hands with CargoSmart, the China Ocean Shipping Company Limited (COSCO), and the Shanghai International Port Group (SIPG) to trial a new application that will transform the current cargo release process. This pilot is said to be the first of the projects wherein an ocean carrier is organising a real-time exchange of shipment data with a terminal operator through blockchain.

During the pilot, not just the benefits of having a single and trusted source of truth in...

Bitfarms gives positive update to mining process amid Covid-19

Blockchain infrastructure firm Bitfarms has optimised mining operations in real-time to maintain maximum computer capacity all through the on-going economic and social turmoil caused by the COVID-19 pandemic.

2020欧洲杯最新战况Bitfarms has been able to maintain an average daily hashrate of about 630 petahash per second (PH) since a significant decline in Bitcoin price on March 12 till the price recovery at or above $6,000 on 19 March. It maintained an average daily hashrate of approximately 750...

Blockchain for a brighter future in 2020 and beyond

Industry has long been easily excited about concepts from virtual and augmented reality (VR/AR) to autonomous vehicles, wearable technology to chatbots and drones, the list goes on. After innovations emerge, the pattern after much debut hype, is to go underground into pilot programs until the market achieves tangible validation.

If 2019 was the year that blockchain hype persevered, albeit among much polarisation, then 2020 will give way from previously unstructured experimentation...

General Motors applies for blockchain map patent

General Motors (GM) has filed an application to the US Patent and Trademark Office for a “Decentralized Distributed Map Using Blockchain.”

The patent tries to solve an issue related to the dynamic feedback of mapping around a car.

At present, most vehicles, including autonomous vehicles, leverage some type of navigation system that provides detailed maps to the driver of the vehicle or the automated driving system regarding the geographic location of the vehicle and...

BMW looks to blockchain for supply chain transparency

2020欧洲杯最新战况BMW Group is continuing to use blockchain technology to trace and track components and raw materials multi-stage international supply chains. According to Andreas Wendt, member of the board of management of BMW, who’s responsible for purchasing and supplier networks, the automaker successfully conducted a pilot in 2019 to purchase front lights and in 2020 it is expanding the project to a large number of other suppliers.

2020欧洲杯最新战况Apart from implementing blockchain solutions, PartChain...

Hyperledger Besu moves to active status as enterprise blockchain cases rise

2020欧洲杯最新战况Hyperledger Besu, an enterprise-focused initiative and the first which was able to operate on a public blockchain, has taken a step towards mainstream operability after comittee members voted to place it as an active project.

The move, which makes Besu the only Ethereum project to have moved outof the incubation phase, 'demonstrates the strength of the project and the active community supporting it', according to the company. Among the community are ConsenSys, Chainsafe and...