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Blockchain Already Outstrips Internet Development

Blockchain Already Outstrips Internet Development Say Experts

The UK’s Daily Telegraph reminds readers of where blockchain development is at this point by drawing a comparison to 1994 and the development of the internet to illustrate just exactly how fast it is becoming a part of everyday life. It points out the disruptive nature of blockchain and the speed at which funds can be now sent anywhere in …


Air Canada and Winding Tree Combine to Boost Blockchain Air Travel Options

air canada, travelling, winding tree

Air Canada has become yet another airline along with Air France, KLM, and Lufthansa to partner with the blockchain-based travel distribution platform Winding Tree. Winding Tree has created an open blockchain-based marketplace where travel agents can arrange flights while also setting their own commission rates. The company boasts of enabling agents to remove intermediaries that currently charge excessive fees and …


South Korean KT SAT Eying Blockchain for the Satellite Industry

South Korean KT SAT Eying Blockchain for the Satellite Industry

A South Korean satellite operator has expressed an interest in exploring how blockchain could be utilized within the satellite industry. The company KT SAT boasting 50 years’ experience as Korea’s sole operator plans to bring blockchain and cybersecurity companies together through its new workgroup, the KT SAT Eco Alliance, in order to see where blockchain can be integrated into current …


Luxembourg University and VNX Exchange Collaborate On Crypto Security

luxembourg

Luxembourg-based VNX Exchange and the University of Luxembourg have combined efforts to improve the security of digital assets in a collaborative project. VNX is a marketplace and trading platform for tokenized ventures, and a member of Luxembourg House of Financial Technology (LHoFT), Infrachain and APSI (L’Association des Professionnels de la Société de l’Information). The university’s role in the project will …


Head of Opposition Party in Nigeria Promises Crypto Initiatives If Elected President

Head of Opposition Party in Nigeria Promises Crypto Initiatives If Elected President

The former Vice President of Nigeria and leader of the country’s main opposition has spoken out in favor of more positive legislation for the cryptocurrency. People’s Democratic Party’s leader Atiku Abubakar has said that if he is elected to run the country in Nigeria’s next general elections, he plans to launch progressive blockchain initiatives and produce a “comprehensive policy on …


Swiss Rail Workers to Ditch Paper IDs for Blockchain System

Swiss Rail Workers to Ditch Paper IDs for Blockchain System

Swiss Federal Railways (SBB) is aiming to improve on paper-based processes by testing a blockchain based management system for rail workers. SBB has completed its Proof of Concept (POC) of the system which aims to eventually create digital IDs for Swiss rail workers employed at the company’s construction sites across the country. The trial, which ran over a period of six …


North Korea Confirms First International Blockchain Event for April 2019

North Korea Confirms April 2019 for First International Blockchain Event

Reports in August that North Korea was considering hosting a cryptocurrency summit at some time in the future have materialized, with Pyongyang’s latest press release confirming April 2019 as all systems go. According to the official website of the DPRK, the Pyongyang Blockchain and Cryptocurrency Conference is set for 18 to 25 April 2019, when, as the site indicates: “International …


SWIFT India Turns to DLT for More Secure Security, Fraud-Resistant Bank Services

SWIFT India and MonetaGo have teamed up to form a pilot shared DLT network in order to upgrade Indian bank services, facilitating fraud prevention and security. SWIFT, a major provider of financial messaging services and financial tech firm MonetaGo, see the product as capable of servicing all Indian banks in the future by using the shared network. Aimed at improving …


Philippines Announces Blockchain Upgrade for Procurement, Space Tracking and Public Input Possibly Next

Philippines Announces Blockchain Upgrade for Procurement, Space Tracking and Public Input Possibly Next

The Philippines Budget secretary has announced that the country is to begin using blockchain in its procurement and tracking activities as a fight against corruption. At the same time, ongoing efforts for blockchain application are being considered for tracking from space, as well as public cooperation. The country already has an advanced government procurement portal called PhilGEPS which is currently …


Autodesk CEO Says DLT Best Tool to Combat Corruption in Construction Industry

Autodesk CEO Says DLT Best Tool to Combat Corruption in Construction Industry

The CEO of global design software giant Autodesk has suggested that DLT can make a significant impact on curbing corruption in the construction industry. CEO Andrew Anagnost, who has a PhD in aerospace and astrospace engineering, was speaking at an Autodesk University event in Las Vegas when he was asked by journalists why his company had not taken the blockchain route …


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