ZF, UBS and IBM are jointly to develop the Car eWallet open automotive transaction platform for mobility services. This will use blockchain technology. To its founders, Car eWallet has the potential to change radically the way manufacturers, suppliers and service providers process digital transactions. The objective is to simplify the use of vehicle services. Equipped…
The Illinois Blockchain Initiative has announced its intention to create a secure, ‘self-sovereign’ identity for Illinois citizens during the birth registration process. In partnership with Evernym, an identity solutions provider, it will use leveraging distributed ledger technology to provide secure digital identity solutions. The concept will augment work from the W3C’s Verifiable Claims Task Force…
Investment in Hyperledger continues apace. New members join. In late August (2017), BTS, Oracle and Patientory joined an already large ‘club’ which has: 19 premier members (including Accenture, Airbus, American Express, Change Healthcare, Cisco, CME Group, Deutsche Borse Group, Daimler, Digital Asset, DTCC, Fujitsu, Hitachi, IBM, Intel, JP Morgan, NEC, R3, SAP, and Wanda FFan…
Thailand’s KASIKORNBANK Public Company Limited (KBank), has announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The intention is simplify and expedite procedures for KBank’s Letter of Guarantee process. This includes: improving the customer experience strengthening security reducing costs, for both clients and the KBank. “Blockchain technology is applied…
IBM has announced that it has helped Sony develop a blockchain solution for education. Sony Global Education will now sell the new blockchain-based student education records platform. It is designed to prevent fraud in educational awards and provide students with a learning history solution. The platform is built on IBM Blockchain using the Hyperledger Fabric.…
BCC (Bitcoin Cash) has split from BTC (Bitcoin), with a myriad of unknown implications. ET has decided to offer a brief revisit to the BTC, BCC and blockchain in the hope of maintainin some clarity in a murky world. The objective is to segregate BTC and BCC from the significance of blockchain. For enterprises, blockchains…
IT services company Cognizant has just released its latest report on blockchain. It is called Financial Services,: Building Blockchain One Block at a Time. The report comes less than a week after a blog looking at blockchain and the insurance industry. Reading both pieces of work it is clear that blockchain is beginning to emerge…
Toda-Algorand Corp., a joint venture between TodaCorp and Algorand, aims to deliver a decentralized transaction platform which combines the ledgerless ease and scalability of cash payment systems with a flexible ledger-based technology. The platform will enhance and incorporate features of existing financial payment systems. The design of the Toda-Algorand platform aspires to a throughput…
7 European banks have chosen to build and host a new trade finance platform based on IBM Blockchain powered by Hyperledger Fabric. This objective is to simplify and facilitate domestic and cross-border trade for small and medium enterprises in Europe. It should also increase overall trade transaction transparency. According to Rudi Peeters, CIO, KBC speaking on…
AEON Financial Service (AFS) and IBM Japan have announced they are building an Asian financial blockchain-based platform. Using blockchain technology, they expect the platform to enable AFS to: provide enhanced financial services such as settlement and transactions for both consumers and enterprises deliver this in Japan and throughout Asia offer virtual currency payments between individuals…