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Finance

Potential Impact of Blockchain Technology in Developing Countries

Potential Impact of Blockchain Technology in Developing Countries
Blockchain technology, with its immense potential, has been mostly utilized in the developed countries of the world.  But its massive potential and positive impact on humanity will be felt more in underdeveloped and developing countries.

Barclays Blockchain Solution to Streamline and Standardize The Derivative Market

Barclays Blockchain Solution to Streamline and Standardize The Derivative Market
Banks have long been interested in the distributed ledger technology (DLT), but standardization seems to be of the key problems preventing full-scale adoption. There is no doubt that blockchain and smart contracts have tremendous potential and capabilities.

Technology

Sony Plans to Use Blockchain to Enable Storage of Digital Rights Data

Sony Blockchain Patent for DRM
Sony has been issued a patent for a content rights management system that leverages blockchain to enable users to store digital rights.

The patent, filed by both Sony and its subsidiary Sony Pictures Entertainment, envisions a content rights management system powered by the distributed ledger technology.

Amazon Ventures into the Blockchain Space with the AWS Blockchain Template

Amazon Blockchain Solution with the AWS Blockchain Template
The numerous advantages that blockchain tech offers companies are really exciting and enticing so much so that a lot of companies want to jump on the growing “decentralized” bandwagon.

Proxeus Aims to Disentangle the Blockchain for Traditional Companies

Proxeus Aims to Disentangle the Blockchain for Traditional Companies
Blockchain evangelists have often praised the technology, hailing it as the solution to the excessively complicated administrative procedures that pilot most companies, banks, and even governments. However, full-scale implementation of blockchain tech still seems elusive as lingering challenges such as energy efficiency and scalability are yet to be solved.

Automotive

Major Carmakers Launch Mobility Open Blockchain Initiative

Major Carmakers Launch Mobility Open Blockchain Initiative
World leading carmakers, Ford, GM, BMW, Bosch, and Renault have formed a consortium with major tech companies to explore how blockchain will reinvent mobility.

Ford Envisions a Crypto-Powered Car-to-Car Communication System to Reduce Traffic

Ford blockchain initiative to reduce traffic
A patent issued to Ford by the USPTO indicates that the Detroit-based car-maker is seeking to use cryptocurrency to enable vehicles on the road to communicate with each other and ease traffic.

Energy

Direct Energy Launches Micro Energy Hedging Platform Powered by LO3’s Blockchain

Direct Energy Launches Micro Energy Hedging Platform Powered by LO3’s Blockchain
Direct Energy Business has partnered with LO3 Energy to launch a cost-effective blockchain-based metering platform that could allow commercial businesses to hedge critical power needs and cut costs on electricity.
© 2018 Business Blockchain HQ
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