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Walmart Files Patent for Blockchain-Based Drone Communication System

American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and stores that drone’s

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Korea’s Oldest Bank Is Building a Blockchain-Based Security System

South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution.Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X

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EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform

A blockchain-based fine wine investment trading platform has selected Big Four auditing firm EY to provide technology services as its development continues.WiV Technology enables clients to trade bottles and cases of premium wine, with the origin, quality and value of assets certified on a constantly updated blockchain.In a news release

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US Awards Patent for Blockchain-Based Firearm Data Recording System

Two American inventors have won a patent for a blockchain-based recording system for ballistic data. The United States Patent and Trademark Office awarded two inventors — Jason Palazzolo and Kevin Barnes — a patent for a “firearm environmental recording apparatus and system” on July 23.This apparently could include multiple recording

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US Defense Dept. to Experiment With Blockchain-Based Security

The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the

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Steve Wozniak Co-Founds Blockchain-Based Energy Saving Firm in Malta

Steve Wozniak, co-founder of American tech giant Apple, has invested in a new blockchain-based company headquartered in Malta. Wozniak is now the co-founder of energy efficiency company Efforce, according to a report by Maltese news daily The Malta Independent on July 18.Wozniak co-founded the company alongside Jacopo Visetti, who

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Blockchain-Based Travala.com Teams Up with Dash For Hotel Booking Payments

Blockchain Travel site Travala.com  is teaming up with Dash Core Group, the main development team supporting the Dash network, on a global open-source cryptocurrency payments platform. Travala.com and Dash will spearhead the ongoing, prolific trend of crypto tourism by enabling the vast Dash community to benefit from up to 40% discounts on

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Top South Korean Firms to Develop Blockchain-Based Mobile Authentication Services

Recently, South Korea’s leading telecom, banking, and conglomerate companies have come together to form the base for a new blockchain-based service for mobile authentication.South Korea’s multinational conglomerate Samsung, leading telecommunication companies and top banks have announced the partnership and that they are forming a consortium to build a new blockchain

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