Blockchain Technology

Supply Chain

Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund

A South Korean government agency has announced a plan to boost blockchain adoption in the country.

Business  ·  22 June 2018
Loans

Chinese Banks to Put Credit Blacklist on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

Business  ·  14 June 2018
Research

Banks’ Blockchain Budgets Spiked 67% in 2017, Survey Finds

Blockchain budgets at global banks' increased sharply in 2017, pushing combined annual spending to $1.7 billion, according to a new survey.

Business  ·  13 June 2018
Securities

JD.com’s Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain.

Business  ·  13 June 2018
Blockchain Technology

Kakao, Korean Government to Solve Social Problems with Blockchain

Kakao's blockchain subsidiary has announced it will work with a government-backed agency to develop blockchain projects focused on social services.

Business  ·  12 June 2018
Regulation

Korean Banks Can Use Blockchain to Verify Customer IDs from July

A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.

Policy & regulation  ·  12 June 2018
Blockchain Technology

The EU Wants to Hear Your Questions About Blockchain

The EU Blockchain Observatory and Forum is hosting a live AMA session to let the general public ask any questions they have about blockchain.

Policy & regulation  ·  12 June 2018
Patents

Mastercard Patent Would Put Credit Cards on a Public Blockchain

A patent filing from Mastercard explores how to use public blockchains to securely verify card credentials at the point of sale.

Business  ·  8 June 2018
Payments

Dutch Central Bank: Blockchain ‘Promising But Inefficient’ in Payments

Blockchain technology isn't yet a beneficial addition to the payment system in the Netherlands, according to the country's central bank.

Business  ·  7 June 2018
Blockchain Technology

Software Giant SAP Launches Blockchain-as-a-Service Platform

SAP is the latest tech giant to have rolled out a technology framework aimed to let enterprise build blockchain-based applications.

Business  ·  7 June 2018
China

Baidu’s ‘Wikipedia’ Now Logs Revisions on a Blockchain

Chinese search giant Baidu has turned to blockchain technology in order to make its online encyclopedia more traceable and transparent.

Business  ·  29 May 2018
Central Banks

Bank of Russia Official: Still Too Early to Gauge Blockchain’s Potential

A senior official at Russia's central bank has said blockchain technology is immature but may have industrial-scale applications.

Markets  ·  28 May 2018
Insurance

EY’s Maritime Blockchain Insurance Tech Is Now Live

A group of companies piloting a blockchain-based insurance platform for global shipping industry said the technology is now live in commercial use.

Business  ·  25 May 2018
China

China’s State Council Orders Faster Blockchain Development

China's State Council has ordered local authorities to speed up blockchain development amid a fintech shakeup.

Business  ·  24 May 2018
Payments

Rural Banks Tap Kaleido Blockchain for Faster Transactions

Rural banks in the Philippines are looking to adopt ConsenSys' Kaleido blockchain platform in bid to boost financial inclusion.

Business  ·  23 May 2018