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British banking giant HSBC plans to move $20 billion worth of assets to Digital Vault, a new blockchain-based custody platform by March 2020. By deploying the platform, the global investment bank aims to digitize paper-based records of private placements in order to increase standardization and speed up processes in
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According to the report, HSBC intends to move its current paper-based records onto its Digital Vault platform by March 2020, allowing investors to track securities in real-time. The U.K.-based bank will specifically digitize its private placement records, allowing investors to quickly check on holdings. Source
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JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers. Source
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Automobili Lamborghini, the manufacturer of the most craved sports cars in crypto, will trial blockchain tech in its supply chain operations. Source
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Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of milk-based formula for infants, according to a Nov. 14 announcement.By using the platform, the firms aim to advance consumer confidence in the products’ quality by ensuring more transparency of the
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Tradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals.On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and
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The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles.Analyzing real-world benefits of energy-efficient vehiclesOn Oct. 15, Ford announced that it is expanding its European plug-in hybrid electric vehicle (PHEV) pilot project to Cologne in
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When it comes to cryptocurrency networks and markets, there’s a lot to keep track of. Thankfully there’s also now a bunch of dedicated bitcoin cash (BCH) data websites that provide
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United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains.On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations of Sam's Club retail stores in the U.S.This is
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Open-source blockchain for building decentralized applications æternity is creating a supply chain management platform for the cannabis trade south of the equator alongside Uruguay Can, one of South America’s leading cannabis production companies. advertisement In December 2013, Uruguay became the first country in the world to completely legalize the production and sale
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