Cryptocurrency Analysis and News Portal
The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from CryptoX Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like
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In what seems like a coordinated conspiracy or a “Deja Vous” case of coincidence, reports indicate that about 60% of the Bitcoins in circulation haven’t left the wallets this year. Sources report that cryptocurrency analyst Rhythm let the cat out of the bag when statistics were released via a Twitter
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Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such as agriculture, manufacturing and financial services, the firm announced on Nov. 28.The
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At 2key, we have always been amazed by the idea of token-based economies and products, and the huge promise of flat economies, where the interest and values for all parties align with the project’s success. When users take part in the success of a technology or a product, there’s a
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Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals.As Business Insider reported on Nov. 18, the parties are planning to build a blockchain-based supply chain system to trace ethical sourcing
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Volvo Cars announced last week that it is using Oracle’s blockchain platform to trace cobalt, one of the main components in electric car batteries. Following the unveiling of the company’s first fully electric car, the XC40 Recharge, Volvo has come up with a new business strategy that includes introducing
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Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the
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Coke One North America (CONA), the IT platform of the North American beverages company giant Coca-Cola, is implementing the blockchain technology of the German software firm SAP.The aim is to improve the company’s complex production process and supply chain operation by increasing efficiency, bringing transparency in inventory and enabling faster
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The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda.The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they
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Russian Mining Company will station the equipment for mining on the metalworking plant that is not used since August 2018. Russia has always had great ambitions, and now this vast country is planning to embrace a significant part of the Bitcoin (BTC) mining industry. To deeper penetrate into this activity, Russian
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