Thursday, March 28, 2024
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Argentina’s Natural Gas Infrastructure Moving to Blockchain Technology

Sharing is caring!South American blockchain firm IOV Labs along with Grupo Sabra have launched their Gasnet blockchain network for Argentina’s natural gas distribution system. Gasnor was the first to greenlight the project but was soon followed by Argentina’s gas regulator Enargas who approved the nationwide deployment of the blockchain solution.  “We

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Blockchain and AI Technologies Combined to Battle Coronavirus – Covid-19 as Immuno-Oncology Company Mateon Partners with Meridian IT to Fast Track Drug Manufacturing

Sharing is caring!Immuno-oncology company that specialises in RNA therapeutics Mateon is teaming up with heavyweight development company  Meridian IT to branch into a novel application of AI neural networks and blockchain technologies that will ensure compliance with the FDA while ensuring ROI for manufacturers by slashing labour costs. But most

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Blockchain Cryptocurrency Ripple Teams Up With Thai Remittance Payment Company DeeMoney

Sharing is caring!Enterprise blockchain payment solution Ripple has cut a deal with Thai fintech company  DeeMoney, who specialise in remittance payments, also known as cross-border payments.  Deemoney is now processing live transactions, using Ripple’s global financial platform – a  payments network which comprises more than 300 financial institutions worldwide. This

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$50M ‘Blockchain for India’ Fund for Indian Startup Ecosystem Announced by Binance

Sharing is caring!The world’s largest cryptocurrency exchange Binance has teamed up with their subsidiary exchange in India – WazirX, to announce a joint initiative $50 million (backed by BNB, BUSD, and WRX digital assets)  “Blockchain for India” (BFI) fund to support the development and growth of blockchain startups in India.  “Let’s

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Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain increases logistic transparency The report revealed that the integration of Ant Financial’s blockchain in the Koala platform

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Blockchain Can Save Pharmaceutical Industry $180 Million, Study Says

UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year.The study was launched as part of the U.S. Food and Drug Administration’s Drug Supply Chain Security Act Pilot Project Program. The

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South Korean Government to Grant $3.2 Million to Blockchain Companies

Two South Korean ministries have announced their support for the blockchain industry in the country with plans to allocate up to $3.2 million in funding to local startups to encourage the use of such technology.The Ministry of Science and ICT (Information and Communications Technology) and the Ministry of Information

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European Financial Institutions to Launch Blockchain Investment Platform

Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry.The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, have announced a Series A investment round for “FundsDLT.”FundsDLT for

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