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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
Transport firm Maersk has begun commercially using Insurwave, a blockchain platform based on Microsoft Azure’s distributed ledger tech Go to Source Powered by WPeMatico
A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who do not voluntarily return the coins. … Read more
The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Promoting Safe … Read more
International insurance brokerage and risk management firm Marsh is collaborating with IBM to create the first commercial Blockchain solution for proof of insurance. #NEWS Go to Source Powered by WPeMatico
Blockchain technology serves many purposes these days. Some companies, such as ZeusShield, try to combine blockchain with artificial intelligence. It is an intriguing business model, although one has to wonder how useful such a venture can be. In the case of ZeusShield, it seems the company wants to focus on the insurance industry first and foremost. … Read more
Escroco releases a new token and launches an airdop for the token holders #SPONSORED Go to Source Powered by WPeMatico
As both cryptocurrency and blockchain technology become more and more mainstream, several projects are pioneering the push to incorporate this revolutionary tech into economies, markets, and industries worldwide. As international conglomerates, financial institutions, and national governments begin to incorporate blockchains, it is likely that this fusion will only grow. One such cryptocurrency that has already seen adoption in … Read more
The operator of Japan’s most popular chat app with approximately 168 million monthly users has announced its plans to launch a cryptocurrency exchange. Line Corporation has already begun the registration process as a crypto exchange with the country’s financial regulator. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Line Starting Crypto Business … Read more
Over two billion people in the world still do not have a bank account. How could Blockchain integrate unbanked people into the global economy? #BLOCKCHAIN Go to Source Powered by WPeMatico
