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Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries.According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi said:“The full adoption of digital technologies such as blockchain is expected to accelerate
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Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual labor contracts.Technology news site CIO reported on Feb. 3 that IBM considers the blockchain particularly well-suited to tackling the pain point for businesses of resolving discrepancies across thousands of casual work contracts.A casual
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IBM is building a blockchain proof-of-concept for the Food Safety and Inspection Service (FSIS), the food safety hawk within the U.S. Department of Agriculture (USDA), that will help it evaluate how blockchain can optimize export certification systems.Confirmed by an FSIS spokesperson, the $269,450 blockchain feasibility assessment will search out efficiencies
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In “Libre Not Libra: Facebook’s Blockchain Project,” Andreas answers the burning question… Has he tried haggis? Just kidding… He shares his thoughts on the recently released Libra whitepaper, as part of a permissioned blockchain project spearheaded by Facebook. Years of jokes about “FaceCoin” and “ZuckBucks” have finally come to life
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The UAE's Ministry of Health and Prevention (MoHAP) together with the Ministry of Presidential Affairs, Dubai Healthcare City and other relevant authorities has launched a blockchain-based health data storage platform.According to The Emirates News Agency on Feb. 2, the blockchain-based platform aims to improve the efficiency of MoHAP and
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Since the end of World War II, the United States has been an undisputed global leader in innovation. From putting a man on the moon to the “Traitorous Eight” of Fairchild and the birth of today’s Silicon Valley, the U.S. has been at the forefront of embracing emerging technology.
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36-year-old cryptocurrency specialist Virgil Griffith – who was recently arrested by American authorities for allegedly helping North Korea use blockchain technology in violation of US sanctions – has pleaded not guilty in court today. Griffith was formally indicted for “conspiracy to violate the International Emergency Economic Powers Act,” and his case was
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The University College (UCL) London Centre for Blockchain Technologies (CBT), with the support of the UK Retail Blockchain Consortium (RBC), has released a market report looking at the adoption of Distributed Ledger Technology (DLT) in physical supply chains. Get a copy of the report here. “Despite the increasing opportunity for digitisation and
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Enterprise blockchain project Hyperledger has released the most significant update of its DLT framework Fabric since launch in July 2017. The Hyperledger Foundation announced Thursday that Fabric 2.0 is designed to improve the usability and performance for the end user, with updates including new features such as decentralized governance for
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Gartner Inc., the world’s leading research and advisory company, predicts that by 2023, organizations using blockchain smart contracts will increase overall data quality by 50 percent, and trim data availability by 30 percent. The net impact is a positive result for data and analytics (D&A) Return on Investment (ROI). The impact of blockchain
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