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Five Top Automakers to Introduce Blockchain-Based Vehicle Payment System

A blockchain-based identification system is due to be launched in the U.S. markets, whose primary job will be to allow the drivers to pay their parking fees or highway tolls through a digital currency.The project has been undertaken by Mobility Open Blockchain Initiative (MOBI), an international consortium of prominent companies

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Enterprise Ethereum Alliance’s Reward Token System Backed by Microsoft, Intel

Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA).EEA creates new reward token systemThe EEA, which sets standards for Ethereum-based blockchain applications in business, shared the developments in a statement with CryptoX on Oct. 7.The organization said that it has

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United Arab Emirates Ministry of Health Launches Blockchain System

United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) launched a blockchain system for recording and sharing information of healthcare workers in health facilities.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing

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R3 and Mastercard Team Up Mastercard to Build Overseas Payments System Build on Blockchain

Mastercard and R3, a leading enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard. advertisement The fear cycle

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Catalonia Announces a Decentralized ID System the Gov’t Won’t Control

The Catalan government announced IdentiCAT, a decentralized identity system. President Quim Torra and Minister of Digital Policies and Administration Jordi Puigneró announced the project on Saturday, local media outlet VilaWeb reported on Sept. 7. Notably, the government says it will not have access to the citizen’s data.Privacy protectionThe bidding

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JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’

The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support.Transaction growth

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