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World Economic Forum Teams up with Seven Mining, Metals Companies On Blockchain-Driven Supply Chain Solution

The World Economic Forum has teamed up with seven leading mining and metals companies to experiment, design and deploy blockchain solutions that will accelerate responsible sourcing and sustainability practices. advertisement Leading mining and metals companies have joined forces to accelerate responsible sourcing of raw materials with the World Economic Forum. The Mining and

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Deutsche Bank Pilots Blockchain Technology To Provide Global Beneficial Ownership Transparency Solution

Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services – a solution which addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines

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Two Firms to Build Blockchain-Based Solution for European Shipping

Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain.As markets and technology-focused outlet Benzinga reported on Sept. 20, Vakt and essDOCS will work on a blockchain-based solution that will

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Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data.Iota’s unlimited storage solutionOn Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle

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Kaleido Blockchain Implements QEDIT’s Zero-Knowledge Proof Solution

Enterprise blockchain startup Kaleido, a part of ConsenSys’s venture studio, became the first to implement crypto privacy firm QEDIT’s zero-knowledge proof solution.An optional featureQEDIT claims in a press release shared with CryptoX on Sept. 15 that this partnership with Kaleido will enable its private asset transfer feature as an

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The Company Behind Zcash Announces Proposed Solution to Trusted Setup

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and

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Mastercard Partners With Blockchain Firm R3 for Payments Solution

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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US Firm Raises $12M for Bank-Focused Blockchain Payments Solution

California-based blockchain development firm Baton Systems has closed a $12 million Series A funding round led by Trinity Ventures.According to a Ledger Insights report published Sept. 2, the new funding will be used to scale Baton Systems’ blockchain-powered bank-to-bank payment solution. Interoperability with legacy systemsBaton Systems has reported that it

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