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Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting

A group of 10 major global oil and gas firms including heavy-hitters like Chevron and Shell has successfully digitized industry balloting using blockchain.The Oil & Gas Blockchain Consortium (OOC) successfully piloted a blockchain-based system for Authorization for Expenditure (AFE) balloting in partnership with Canadian technology provider GuildOne.According to an

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Wanxiang Blockchain and PlatON Launch Consortium Blockchain Infrastructure in China

Non-profit research institution focusing on blockchain technology Wanxiang Blockchain, and PlatON, the pioneering global privacy-preserving computing network announced the launch of an open-source consortium blockchain infrastructure, PlatONE. advertisement Yu Cheng, General Manager for Digital Insurance Innovation at Minsheng Life Insurance said: “For years, Minsheng Life Insurance has invested in blockchain and big data

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Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020

A new partnership between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc aims to launch a blockchain-based Know Your Customer (KYC) data-sharing consortium in 2020. The official UAE news agency, Emirates News Agency, reported on the new development on July 31.The DIFC, Mashreq Bank and

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