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Mastercard partnered with blockchain firm R3 to develop a cross-border payment solution.According to a Mastercard press release published on Sept. 1, the two firms plan to pilot a new blockchain-enabled cross-border payment solution. The system will reportedly focus on connecting global faster payments infrastructures, schemes and banks.Multiple ways to
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A consortium of oil companies including Exxon Mobil, Chevron and Royal Dutch Shell looks to blockchain to manage water used in oil extraction in North Dakota’s Bakken oil fields.Oil and waterAs Reuters reported on Sept. 10, the Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium has awarded a
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The South Korean news outlet IT Chosun reports that the multinational electronics company LG will release blockchain friendly smartphones as part of its next round of launches.Anonymous officials from the company have apprised the local media outlet about a now-concluded market research that the company has conducted, and its preparations
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In the coming months, a team of visionaries, including Apple’s co-founder Steve Wozniak, is about to launch EFFORCE – a revolutionary blockchain platform that aims at increasing energy efficiency by allowing everybody to participate in and benefit from worldwide energy efficiency projects. advertisement Co-founder Steve Wozniak said: “In the last 10 years, energy
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The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights.In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to
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The Liechtenstein Cryptoassets Exchange LCX has cut a deal with Hollywood superstar actor Wesley Snipes to tokenize a $25 Million USD movie fund, investing in upcoming motion picture and television shows produced by the famous actor and his production studio Maandi House. advertisement Wesley Snipes said: “It’s an exciting time now that all
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According to the distinguished investor and an emerging markets fund manager Mark Mobius, founder of Mobius Capital Partners LLP, Blockchain is a risky technology and is far from being impeccable.The statement came as a surprise for many as it raises questions about the commonly believed notion that blockchain technology, which
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Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in
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Blockchain technology will most likely be standardized by 2021, according to American business and financial services company Moody's.Per the research report published on Sept. 5, these standards will probably be established in the blockchain industry by 2021 and will be positive for “future securitisations using the technology.” The company
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