Tuesday, February 18, 2020
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IBM Offers Blockchain Solution for Casual Labor Contracts

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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CULedger Pilots Blockchain Identity Solution With Three US Credit Unions

CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s blockchain identity platform in the call centers at Unify Financial Credit Union, Desert Financial Credit Union,

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Blockchain and AR a Winning Solution at Elev8CON’s Startup Showcase

Eight companies gathered on stage at Elev8CON in Las Vegas on Dec. 10 to demonstrate how they are applying blockchain technology to solve real-world problems and improve financial industries.The startup showcase session featured Gridfinity, a cloud-based mining company; Appliqate, a blockchain-based affiliate marketing solution; TemTum, a scalable blockchain network;

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Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments

Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide

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IDEX Claims Creation of ‘Infinite Scaling Solution for Ethereum’

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.1,000 times fasterIn an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The

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VeChain Unveils Food Tracing Solution Foodgates at China’s Import Expo

Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry.In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, known as Foodgates.VeChain “direct

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