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Lithuanian Agriculture Minister: Blockchain ‘Premature’ for Public Sector January 17, 2019 by Akshay Makadiya This week, one of Lithuania’s top agricultural officials said blockchain technology likely has a serious future in the agriculture industry. Yet the official, Vice Minister Venantas Griciūnas, also noted it was too early to integrate distributed ledgers in
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MineHub Technologies, Inc. and IBM announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain — from mine to end buyer. The $1.8 trillion* global mining and metals market has traditionally suffered from inefficiencies due
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Blockchain Phone. Image from Shutterstock. Wanchain SymbolEleven Paths, a subsidiary of Telefónica, has tapped Wanchain in an effort to build a secure blockchain platform for the mobile generation. Rivetz is a security company which works extensively in the blockchain space and also plays an important role in the new effort. Wanchain
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Car charger image from Shutterstock South Korean battery maker LG Chem, tech giant IBM, auto manufacturer Ford Motor and others have partnered in a blockchain project aimed at infusing transparency in the global mineral supply chain, impacting batteries used in smartphones and electric vehiceles. Specifically, the project will track cobalt mined in
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Blockchain Regulatory Certainty Act on Congress’s Slate January 17, 2019 by William Peaster After being drafted by Rep. Tom Emmer (R-MN) last fall, H.R.528, also known as The Blockchain Regulatory Certainty Act, has been formally introduced to the 116th House of Representatives. For now, the draft bill will head to the
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China Gov’t Tightens Blockchain Rules, But It’s Not That Simple January 16, 2019 by Robert DeVoe The Chinese government’s top internet watchdog has finalized a new set of blockchain rules. The new regulations will force local blockchain platforms and related companies to “censor content” and “allow authorities access to stored data
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Ford has partnered with IBM to use blockchain to fight child labor in the cobalt mining industry. | Source: Shutterstock Automotive giant Ford has entered a partnership with IBM, Huayou Cobalt, and LG Chem to build a blockchain platform to monitor the supply of cobalt from the Democratic Republic of Congo
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HSBC. Image Shutterstock. According to a press release quoted by the Financial Times on Monday, HSBC, one of the largest banking institutions in the world by total assets, reported $250 billion in settled transactions in 2018, using the blockchain technology. The press release revealed that during the last calendar year, HSBC settled
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Rising blockchain developer salaries doesn't necessarily mean crypto is on the upswing. | Source: Shutterstock Despite the 80 percent correction in the crypto market, blockchain developers are making $130,000 to $180,000 a year. But, the rising salaries of blockchain developers do not necessarily translate to an increase in developer activity in the
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Las Vegas Ponders Blockchain Technology in the Public Sector January 15, 2019 by Akshay Makadiya Las Vegas city leaders are reportedly planning on making further forays into blockchain technology with a mind toward improving the deliverance of public services. The interest makes sense, as the city’s recently opened an innovation district
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