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Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network

Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.”“Tackle trade finance challenges”On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade inefficiencies and deliver a better service for its customers. Geoff Brady, head of global trade

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European Commission Releases New Support Paper on Blockchain – Further Funding for Startups Encouraged

The Joint Research Centre at the European Commission has just published a new Blockchain tome (128 pages) called ‘Blockchain Now And Tomorrow – Assessing Multidimensional Impacts Of Distributed Ledger Technologies’  in order to help Brussels politicians with the European policymaking process when it comes down to Blockchain. The EC has

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United Arab Emirates Ministry of Health Launches Blockchain System

United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) launched a blockchain system for recording and sharing information of healthcare workers in health facilities.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing

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Turkey Announces Plans for a National Blockchain Infrastructure

The Turkish government announced its plan to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration.The Republic of Turkey’s Ministry of Industry and Technology announced plans for a "National Blockchain Infrastructure" during its Strategy 2023 presentation on Sept. 18 in Ankara, Turkey.Strategy 2023 emphasizes blockchain

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IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator.Corporations mingle with blockchain startupsLocal news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition of its four-month program. Per the report, Tribe

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Multinational German Bank Deutsche Joins JPMorgan’s Blockchain Payment Network

The multinational German investment bank, Deutsche Bank, is joining JPMorgan’s blockchain-powered cross-border payment messaging system, also known as Interbank Information Network (IIN).The aim of JPMorgan’s growing blockchain network is to counter the inefficiencies of the SWIFT payment system. SWIFT payments are cross-border transactions that are sent via SWIFT international payment

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European Space Agency Awards €60K for Blockchain Satellite Wallet

The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet.According to an announcement published on Sept. 18, the new grant comes via ESA’s “kick-start activities” fund. SpaceChain’s project, if successful, also stands poised to secure additional

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Blockchain Being Used to Turn Ocean Plastic Waste Into Eco-Fabrics

Dutch green fabrics firm Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics traceable via blockchain today.Demand for tracing recycled materialsThe exhibition is taking place from Sept. 17 to Sept. 19 in Paris at the international textile fair Première Vision, American fashion-focused publication FashionUnited reports

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