Bookmarking Crypto Insights
Auto Added by WPeMatico
The city of Dubai is globally renowned for its residents’ luxurious lifestyle. The ultramodern architecture, mega shopping malls, and lively nightlife are just a few of the things that make it stand out. Even the cops in Dubai live in luxury, with their fleet of squad cars consisting of Bentleys, McLarens, and Lamborghinis. However, the … Read more
Northern Trust has become the latest financial services giant to announce ventures related to cryptocurrency and blockchain technology. The Chicago-based company revealed that it has been working on blockchain-based solutions for its private equity workflow as well as assisting hedge funds that have invested in cryptos. Northern Trust is working with three mainstream hedge funds … Read more
Blockchain technology has the ability to transform the retail and consumer goods value chain. The blockchain’s ability to track and trace products and record transactions and contracts will lead to widespread adoption in these two sectors in the next five years, with those companies which fail to leverage this new technology risking falling behind. This is … Read more
AP Moller-Maersk, the Danish shipping conglomerate, has launched the first-ever blockchain platform for marine insurance. Known as Insurwave, the platform aims to leverage the blockchain to revolutionize the management of risk in the industry as well as interactions between stakeholders. The platform was built on R3’s Corda blockchain and, as reported by Seatrade Maritime News, … Read more
South Korean electronics giant LG has announced that it’s launched its own blockchain service, Monachain. The service was launched through the company’s information technology service unit, LG CNS. According to The Korea Times, the service is aimed at capitalizing on the lucrative emerging field of blockchain-based services especially in the fields of telecommunications, manufacturing and finance. … Read more
The Eastman Kodak Co. will conduct a token sale for its long-awaited KODAKCoin beginning May 21. The sale will target accredited investors and aims to raise $50 million for the development of a blockchain platform. The New York-based company has already held a presale in which it raised $10 million from investors. The KODAKCoin will be the … Read more
Three months after banning cryptocurrency ads from all its platforms, Facebook is launching a blockchain research and development initiative. With fellow tech giants Oracle and Microsoft already deeply invested in the research and development of blockchain technology, Facebook has joined the bandwagon, and it’s looking to the current head of Messenger, David Marcus, to lead … Read more
Blockchain technology has been touted as the solution to many of the challenges facing most industries today. From insurance and real estate to content distribution and supply chain management, the potential of blockchains to revolutionize business is great. However, contrary to popular opinion, only 1% of chief information officers in a recent Gartner poll indicated that they’re currently … Read more
