Google to offer blockchain as part of cloud service

Google has announced the second of two partnerships that will allow it to offer the financial services industry and others a cloud-based platform on which they can develop and run blockchain-based applications.In a blog post ahead of its Google Cloud Next ’18 conference this week, the search giant said it is partnering with Digital Asset and BlockApps to enable customers to “explore ways they might use distributed ledger technology (DLT) frameworks on Google’s Cloud Platform (GCP).”To read this article in full, please click here


Original URL: https://www.computerworld.com/article/3291334/blockchain/google-to-offer-blockchain-as-part-of-cloud-service.html#tk.rss_all

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Delaware to test of a blockchain-based business filing system

More than half of all U.S. publicly-traded companies – and two-thirds of Fortune 500 firms – are incorporated in Delaware because of its business-friendly laws and well-established corporate legal precedence.The state, which doesn’t have a sales tax, gets nearly one-third of its revenue from franchise taxes on more than a million corporate entities, accounting for $1.3 billion of its $4.2 billion general coffer. Making incorporating in the state more attractive is seen as a money maker and competitive advantage against other states.To that end, Delaware in October plans to launch a proof-of-concept for a blockchain-based business filing system that will allow corporations to take advantage of smart contract technology to automatically track stocks and collateral assets in real time; being able to do so will give lenders and borrowers a more efficient and accurate record with which to transact business and meet state and federal regulations.To read this article in


Original URL: https://www.computerworld.com/article/3289484/blockchain/delaware-to-test-of-a-blockchain-based-business-filing-system.html#tk.rss_all

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Businesses join to create enterprise standard for blockchain networks

A blockchain standards group made up of hundreds of businesses and tech development members has unveiled its first specification for enabling the development of peer-to-peer, decentralized networks explicitly for automating corporate transactions.The Enterprise Ethereum Alliance (EEA) last week released the Enterprise Ethereum Client Specification 1.0, an open-source framework to speed business transactions, boost privacy for contracts and create a faster, more efficient business transaction workflow.To read this article in full, please click here


Original URL: https://www.computerworld.com/article/3273931/blockchain/businesses-join-to-create-enterprise-standard-for-blockchain-networks.html#tk.rss_all

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How blockchain is set to change the world

In most people’s minds blockchain technology is associated with cryptocurrency, but it has potential to be useful in a whole range of other areas. Consumer research company The Opinion Economy has produced an infographic to highlight the potential of blockchain in a whole range of areas. The things it looks at include the building of self-enforcing smart contracts, and the savings that it can offer in administering payments and securing transactions, streamlining operations by cutting out middlemen. There’s potential to improve the quality of healthcare and to smooth out real estate transactions too. It could also be used to authenticate… [Continue Reading]


Original URL: https://betanews.com/2018/05/15/blockchain-change-world/

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Why a Walmart VP had a ‘religious conversion’ to blockchain

Frank Yiannas, Walmart’s vice president in charge of food safety, was once a “major skeptic” and “non-believer” in blockchain, the electronic ledger technology platform on which bitcoin and other cryptocurrencies are built.To read this article in full, please click here(Insider Story)


Original URL: https://www.computerworld.com/article/3269431/blockchain/why-a-walmart-vp-had-a-religious-conversion-to-blockchain.html#tk.rss_all

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IBM introduces a blockchain to verify the jewelry supply chain

Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case. IBM has been working to build large enterprise projects blockchain and today they offered an irrefutable example that they have dubbed TrustChain, a blockchain that proves the provenance of jewelry by following the supply chain from mine to store.
As you might expect the TrustChain is built on IBM blockchain technology and includes a consortium of companies involved in every step of the supply chain: Asahi Refining, the precious metals refiner; Helzberg Diamonds, a U.S. jewelry retailer; LeachGarner, a precious metals supplier and The Richline Group, a global jewelry manufacturer. It even includes some third-party verification with UL Labs for the skeptical among you.
“What we are announcing and bringing forward has been in the works for some time. It’s the first end-to-end industry capability on blockchain that


Original URL: http://feedproxy.google.com/~r/Techcrunch/~3/Hv1MTwW25Aw/

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What Is Blockchain? 

All of a sudden, blockchain is everywhere. The technology, which was invented in 2008 to power Bitcoin when it launched a year later, is being used for everything from copyright protection to sexual consent (yes, really).Read more…


Original URL: https://lifehacker.com/what-is-blockchain-1822094625

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Top banks teaming up for a blockchain-based syndicated loans platform

Seven of the world’s top banking groups, including HSBC, ING and BNY Mellon are joining forces to create a platform for syndicated loans based on blockchain technology. The blockchain service will be provided by R3 (a popular blockchain consortium) and Finastra (a UK financial software company). The service starts with Fusion LenderComm, an online marketplace that will use blockchain’s distributed ledger technology to reduce cost and improve on the efficiency and transparency of loans with multiple lenders. So far, the work in the syndicated loans was done manually. “The community of banks already on board covers approximately 10 per cent of the… [Continue Reading]


Original URL: https://betanews.com/2017/10/09/blockchain-platform-syndicated-loans/

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IBM launches blockchain collaboration to improve food safety

According to the Centers for Disease Control and Prevention, one in ten people in the US falls ill each year from contaminated food. The source of such problems can be hard to identify due to a lack of traceability. Blockchain is an ideal technology to help address these challenges because it establishes a trusted environment for all transactions and IBM is launching a collaboration with major industry players to strengthen consumer confidence in the global food system. The consortium includes Dole, Golden State Foods, Kroger, McCormick and Company, Nestlé, Tyson Foods and Walmart, all of whom will work with IBM… [Continue Reading]


Original URL: https://betanews.com/2017/08/22/ibm-blockchain-food-safety/

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