Blockchain Catch-upThis is a Charles Brett’s start-of-the-week Enterprise Times ‘blockchain catch-up’ 2022-Week 48. Necessarily it is idiosyncratic and selective.

It is not intended to be comprehensive but does seek to highlight ‘Quick Takes’ on specific developments as well interesting pieces to read, a listing of some (not all) announcements/press releases and pointers to upcoming events.

Quick Take(s) – Charles Brett’s Blockchain Catch-up 2022-Week 48

A.P. Moller – Maersk and IBM to discontinue TradeLens, their blockchain-enabled global trade platform

“TradeLens was founded on the bold vision to make a leap in global supply chain digitization as an open and neutral industry platform. Unfortunately, while we successfully developed a viable platform, the need for full global industry collaboration has not been achieved. As a result, TradeLens has not reached the level of commercial viability necessary to continue work and meet the financial expectations as an independent business.” – Rotem Hershko, Head of Business Platforms at A.P. Moller – Maersk.

Quick Take: after the ASK debacle, the blockchain ‘industry’ did not need this (though, as Forbes describes below) the financial sector continues to make behind the scenes progress. Another bad week for blockchain, especially because the imminent demise of TradeLens is not about technology but about commercial take-up.

7 pieces to read – Charles Brett’s Blockchain Catch-up 2022-Week 48

Selected announcements/press releases/opinions – Charles Brett’s Blockchain Catch-up 2022-Week 48

  • Time for a reset of the crypto opportunity (opinion, behind FT firewall)
  • Regulating crypto ‘Should be combined with education’, says Top Wadzpay executive (opinion)
  • IPv6 and blockchain are restoring the end-to-end Internet model: Dr. Satya Gupta (opinion – video)
  • Blockchain holds a lot of promise, but most of it is speculative, says Fmr. FDIC Chair Sheila Bair (opinion, video)
  • DTCC Digital Dollar pilot for securities settlement uses CCP (announcement)
  • JP Morgan’s crypto wallet (announcement)
  • EIB settles €100 million digital bond on private blockchain (announcement)
  • Putin calls for international settlements based on blockchain and digital currencies (announcement) .

Selected upcoming events

  • Bitcoin Conference (18th-20th May, 2023).

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