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The Joint Industry Committee for Web Standards (JICWEBS) – which is owned by UK’s advertisers, agencies and media owners to enhance the efficiency, transparency, and independence of media companies – has recently announced a pilot program using a distributed ledger technology (DLT).Nestlé, McDonald’s and Virgin Media have joined the JICWEBS’
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Jamie Dimon, the CEO of J.P. Morgan Chase, recently stated, “To put it in perspective, we’ve been talking about blockchain for seven years and very little has happened.” This negative publicity has made some people skeptical of what blockchain could do for the common people. The podium is soon taken away
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Business advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services.KPMG announced the partnership and product plans in an official blog post on July 16.As per the report, the planned blockchain
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Energy network company E.ON has filed a patent application for a blockchain-based data collector with the European Patent Office. E.ON announced the patent filing on the company’s website on July 19.As per the announcement, the device in question makes use of sensors to collect user data, which the user can
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Global oil operators can save at least 30% by using blockchain in their infrastructure, according to data by blockchain startup Data Gumbo.Andrew Bruce, CEO of American blockchain startup Data Gumbo, discussed blockchain-powered automated contract execution in the oil industry on Bloomberg Commodities Edge on July 19.When asked how much
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Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins.According to a tweet by the Ycash Foundation, the first block of Ycash was mined today, July 19, at 7:36:51 PM PDT. Ycash forked off Zcash blockchain at
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The blockchain accelerator program called Startup Studio which is backed by Fidelity Investments and 20 other companies, has managed to attract over 50 mentors.Just recently IDEO CoLab announced the launch of its new blockchain accelerator program called Startup Studio. It is backed by Fidelity Investments and 20 other organizations and
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Despite extending its tech prowess to TRON, Omni, EOS, and the Ethereum blockchains, Tether (USDT) is now set to launch in Algorand, reaching a total of 5 blockchain networks.This expansion, according to a post released by Tether, is totally plausible as it advances partnerships and cooperation within the developing digital
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McDonald's, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online.Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the
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Big tech and finance companies have been filing patent after patent that indicates the company’s bullishness on blockchain technology. And when it comes to blockchain innovation and patent filings, IBM is leading the pack.Nobody is unfamiliar with how big the tech giant IBM is betting on blockchain technology. IBM has
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