Google Debuts New Plug-in For Analyzing Ethereum New Blockchain Technology

Google is growing at a faster pace with the new blockchain technology. After its new introduction of Bitcoin support for its BigQuery database tool, Google has recently released a new plug-in for examining the Ethereum blockchain.

Google has delivered customers with a fresh way for straightaway interrelating with Ethereum data. Services that have been previously existing that show info about wallet transactions and addresses, but until now, examining the complete extensiveness of a stored data on the blockchain that has been an awkward process.

Daily Chrome operators are now proficient in reading every stored data on Ethereum’s blockchain. With Etheruem system, the volume and requirement are made conceivable with a database query.

Digital currencies are the application of a new blockchain technology. According to the news published in Etherum World News, this big giant Google stated that Ethereum has expanded its big data analytics with the inclusion of tools to explore the Ethereum blockchain. It further added that Ethereum blockchain data is currently obtainable for seeing with BigQuery. Google’s web service that allows collaborative examination of a huge data-set which is working in combination with Google Storage.

The Ethereum data pulled by BigQuery is rationalized on a daily basis. To use of its functionality, an operative knowledge of a database encoding is certainly useful, as every inquiry is made using SQL. Somewhat totally new is the aptitude to link smart contracts, mainly in their functionality. Ethereum’s addition with BigQuery gets the liberty that comes with a big group of logical tools.

As per the news revealed in the Next Web, Google is also preparing to announce a few of the new blockchain technology-related tools which have formerly advertised a new development kit that must offer the clients with a simple method to shape smart contracts and organize decentralized applications.

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Blockchain News: Implementation Of Blockchain Come To Effect In Luxury Goods Market

According to the latest blockchain news, the marketplace for luxury goods has been valued at about $3 trillion and can be located in numerous methods all over the world. These luxury goods include everything related to artwork, jewelry, old-school electronics, clothing attire, and as well alcohol that could date back years or even eras.

In the present market, all these goods need a right-hand, demonstrable system that functions to improved track a specific item or brand’s life cycle, it hopes to improve on possible counterfeiting issues. Moreover, this offers for more see-through transactions and relations as between sellers and buyers.

Blockchain technology companies have recently begun to implement their own ecosystems with the expectations that it will take over as a standard-wide knowledge. The blockchain startups are even lasting to address fake goods by tracking any luxury item with a serial number and so the Blockchain has been legalizing the genuineness of all the good items.

As news published in Forbes in the latest blockchain news, amongst the extravagance goods market, there are many questions that arise when it comes to purchasers and sellers and so brands are now able to purchase tokens in order to make certificates of legitimacy. Many companies have been providing blockchain-based ledger that lets customers as well as owners of items to generate such an asset that has info regarding the item’s history, origin, ownership, and other character traits and therefore the growing necessity of blockchain technology in the luxury goods market has been increased.

As per Luxsens’ other co-founder, Aidaa Wong, applying a decentralized blockchain network has been assisting and strengthing the data encryption because customers are been cautious about getting the value they were assured.

As stated in Bitcoinist and latest blockchain news applying this tremendously necessary technology in the luxury market will take the help of the Millennial generation.

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Blockchain Info: Augmentors and NONA Team Up For AR Blockchain Game

Augmentors, one of the world-renowned gaming companies subsidized by Newtown Partners, has recently announced its partnership with NONA on its anticipated augmented reality (AR) and blockchain info gaming project. NONA, a famous South African-based blockchain development company, will help in solving the issues of the project related to the blockchain development front of Augmentors, the game.

CEO Gert Kruger and the Augmentors co-founders Michael Deon and Kyle Haffenden, have created a multiplayer mobile game that uses the authority of augmented reality and blockchain tech in order to provide character possession on a public ledger.

NONA is a company established in South Africa and founded by a group of few blockchain adopters and businesspersons like Mike Scott, Ed O’Reilly, Dave O’Reilly and Gordon Angus. After enormous successful projects abroad, NONA is quickly attracting many companies for questioning blockchain ideas and building DApps and smart contracts for businesspersons and big companies.

A blockchain info stated that NONA has recently entered into a partnership with Civic, an identity verification leader that has positioned itself as a leader in this field, and endured to pursue out and develop determined projects in the blockchain space.

According to NONA CEO, Mike Scott, the company is very much excited to work with the Augmentors team and contribute to what the firm considers. Influential use cases for blockchain technology are supported by solid investment planning and partners.

Role Of Blockchain Info Technology In The Project

As per the news revealed in its News Africa, Augmentors will be created on the blockchain, that allows gamers to gather powerful militaries and rare creatures. It is all set to go live at the end of 2018, with the planned soft-launch taking place at Comic-Con Africa in September.

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FanX International Launches Blockchain Platform To Reward Users With FanX Tokens

FanX International has recently launched a blockchain platform that rewards and provides customers with FanX tokens.

FanX is functioned by FanX International Pte Ltd, which is a very huge data analytics and AI technology policy that specializes in the meeting, examining, and measuring social media operational trends, public appointment, and content provider making power on social media and in other popular live streaming platforms.

A platform-agnostic ecosystem that captures social media contributions.

FanX aims at rewarding in a different way. The company states that live streaming platforms inlet the content providers the chance to obtain a lesser share of salaries, however, the users are not benefitting from it. But with the use of FanX, users are sufficiently rewarded in regards to the time and money that they spend engaging with platforms, contributing to them, and attracting many customers to them.

With the help of big data, AI technology, and blockchain platform FanX could create a proprietorship of this type of social engagement data with the users and reward them as per the level of resources capitalized, the amount of time spent and the contents that are prepared. Additionally, FanX has made a lot of cases for users to apply their rewards on buying digital facilities that are modified from their preferred live broadcasters.

As FanX is based on a blockchain platform, it aims to tokenize every form of a digital communal engagement to solve its huge values and reallocate such values back to the communities on a worldwide scale. As per the news revealed in Venture Beat, the FanX team has designed crypto economic tools and decentralized applications that will safeguard the easy acceptance and change the people into the new economy.

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Blockchain News: Tjoapack Collaborates With Veratrak To Launch Blockchain Tool For Pharma Sector

As per the latest blockchain news update, Tjoapack, a Dutch pharmaceutical packaging firm, has partnered with British technology company Veratrak to discover the use of blockchain in various pharmaceutical industries. As a part of the association, the strategy of both Tjoapack and Veratrak is intended to launch the first live blockchain tool in the sector.

The partnership will include a number of projects that focus on utilizing the properties of blockchain in order to enable a transparent collaboration across multiple pharmaceutical supply chain partners. Besides, the tool is anticipated to reduce the service chief times and driving more information sharing through a secure digital chain.

The very initial project will be rolled out in Q4 2018 which will protect and enhance the data sharing procedures involved in setting up stock keeping units (SKUs) ready for wrapping from product master data to the artwork.

As per the blockchain news update, blockchain technology lets data to be stored in a distributed ledger of records that cannot be changed or modified. Veratrak has come up with a document teamwork platform that uses blockchain technology for a safe data sharing across all the industries.

According to the Tjoapack Corporate Strategy director, Dexter Tjoa, the blockchain can support, track and trace programmes which shown physical goods via the supply chain. It might also have enormous advantages when it comes to refining data clearness through secure audit logs that are available for many businesses.

Tjoapack, a self-governing contract packager of medicines servicing customers across five continents and 42 countries, will be the first user of the platform. Tjoapack was established in 1989 by Eric Tjoa, the firm focusses in chief packaging for solid dosage forms, secondary packaging, and unit dose packaging, and has total 19 packaging lines for blisters, bot, less and wallets. It bundles around 6 millions of packs of pharmaceutical products each year. On the other hand, Veratrak is a London based company planned on emerging technologies that will support safe data collaboration in the medicinal supply chain.

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OECD Plans To Host International Conference On Global Blockchain Technology

The Organization for Economic Co-operation and Development (OECD) announced on Wednesday that it plans to host an international conference on global blockchain technology in Paris on September 4, 2018, and September 5, 2018.

The conference will have OECD Secretary-General Angel Gurría, the prime ministers of Serbia, Bermuda and the Republic of Mauritius and the State Secretary of Slovenia. The event will observe the influence of blockchain on government actions. The event will see a meeting of more than 400 senior decision makers from the private and public sectors.

The discussion in the conference will be done by the attendees related to the matters such as the potential impact of global blockchain on the economy, privacy and cybersecurity, as well as how to use global blockchain to improve inclusiveness. They will also encourage green growth, sustainability strengthens governance and implementation practices.

Previously OECD’s Directorate for Monetary and Enterprise Competition Committee issued a paper that was named as “Blockchain Technology and Competition Policy”. The paper explained many points related to many applications of blockchain technology for governments and the private sector. It also clarifies the principles of blockchain and pays attention to groups for building blockchain platforms. It even stated a number of use cases for the technology. It also added use cases for paying pensions and social security, as well as sharing secure patient information.

As per the news published in Coindesk, blockchain has the perspective to convert a wide range of industries function. Satisfying its potential will fully depend on the honesty of the procedures and necessitates acceptable policies and actions while addressing the risks of misuse. On the other hand, International community and Governments will play an important role in determining policy and controlling frameworks that are associated with the developing challenges and short-term transparent, fair and steady markets as a basis for the use of global blockchain.

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Multitudinous Companies Adopting Global Blockchain Technology Despite Regulatory Uncertainty

More than 84 percent of companies are connected with the global blockchain technology. These companies comprised of a proof-of-concept and full-fledged product.

It is a high percentage for a promising technology, but PwC suggested that it’s determined by a real business concern. As a distributed, tamperproof ledger, a well-designed blockchain doesn’t cut out intermediaries, decrease costs, and rise in speed. The blockchain is a very simple concept that maintains a chain of blocks, or records with a timestamp and link to a previous block. However, small-scale companies have a live product that trusts on blockchain and few of the companies (20 percent) that are still in the research phase, while other 30 percent have moved onto development, and the rest companies are directing something else.

This high level of commercial interest merges with a new report from Upwork that placed blockchain among the hottest skills of the freelance job market and Dice data showing that experts in the technology can earn 6-figure salaries. Companies keen in blockchain require tech professionals who know the technology, and they’re evidently willing to pay for the right employee.

Financial institutions are seen as the leaders in the global blockchain, followed by companies that make industrial products, utility energy, and healthcare, as well as government. This seems rational as the blockchain is seen as a method to keep a track of virtual and real assets from cryptocurrency to transport a container full of raw materials.

However, considerable barriers to adoption still remain. These are the regulatory indecision, lack of trust among customers came in second, followed by the capability to network together with a separated blockchain not working together incapability to scale, knowledgeable property apprehensions and audit.

As per Insights Die, the above problems will take a quite some time to work out only if they’re resolved at all. In the meantime, in spite of the commotion surrounding Bitcoin and cryptocurrency, a global blockchain is very much here in terms of a business practice.

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Moscow’s Govt To Use Ethereum Blockchain Platform To Promote Transparency In Commerce

The government of Moscow is preparing to use the ethereum based blockchain platform as a system part in order to assign trading spots.

The system will record a submitted presentation of farmers, who strive hard for a number of commercial plots that are limited.

Around 15000 trading spots are up for grabs, with the marketplace season stretching among April 20 and November 25 and farmers coming in from Armenia, Russia, Belarus, Kazakhstan, and Kyrgyzstan.

According to Andrey Borodyonkov, the blockchain product manager, Moscow City Hall, stated that there are about 20,000 applicants submitting their bids each year. The idea is to use ethereum as a way to make an unchallengeable record of applications with updates made for those who are either accepted or denied access.

He said, “Blockchain is an additional guarantee that the incoming applications remain immutable as well as makes the audit of the application history possible.”

The government stated, “The entire dataset is publicly viewable, transparent and available for download. In that case, submission time can be confirmed, while the application cannot be deleted or altered by someone once it is submitted.”

A lot of farmers are unhappy with the current system for reviewing applications. Andrey Belozerov, the innovations, and strategy advisor, Moscow City Hall’s CIO, mentioned that the new system will aid to lessen a few problems by making that info more accessible. According to him, the farmers must have a clear and simple system to see why their application is declined or approved. Blockchain will assure that the procedure is fully transparent and no one can modify it.

As revealed in Coindesk, the Moscow City Hall have begun hiring developers who are capable of working with a blockchain platform back in 2016, and in 2018, that staff officially formed a division named “Product Blockchain.

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Blockchain Info: California Legislature Passes Blockchain Bill

To boost a blockchain info technology, recently, California’s bill AB 2658, cleared the final legislative hurdles. Approved by both houses, and having the individual alterations approved in each, the bill will now head to the administrator for approval.

The bill will describe blockchain as a safe, sequential, and decentralized ledger or record. It needs the Secretary of the Government Operation Agency to form a blockchain working group before July 1, 2019.

As per the bill, the group must have participants from both non-technology and technology industries as well as appointees having a background in law, a legislature of discretion and consumer organizations. The group must also include the State Chief Information Officer, the Director of Finance, a member of the Senate and the other member of the Assembly.

It is compulsory for the group to submit their study to the Legislature on or before July 1, 2020, on the potential uses, risks, and benefits of the use of blockchain info technology by the state government and California-based businesses.

On the other hand, the report should include approvals for alterations to the definition of blockchain and for modifications to other code sections that might be impacted by the positioning of a blockchain technology.

Few of the other states have signed bills into law that form blockchain working groups. In June 2018, Connecticut Governor, Dannel Malloy, signed SB 443 into law which creates a blockchain working group to study the technology.

A report published in Coin Telegraph stated that in May 2018, the New York state legislature has planned a similar bill to create a blockchain info technology task force. If the bill gets active, the New York mission force would make a report for the administrator, the short-term president of the state senate, and the speaker of the assembly.

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Blockchain News: Ukraine To Host Sixth Blockchain And Bitcoin International Cypto Event

As per the latest blockchain news, on September 19, 2018, the capital of Ukraine will be hosting a chief cryptocurrency event known as Bitcoin and Blockchain Conference Kyiv. The event will be a platform letting crypto specialists to share their experience with the corporate audience and companies to show the latest crypto industry innovations.

According to the planner, Smile-Expo, the event focuses on both educational and real-world aspects. In regards to the event, Ivan Sukhomlyn, the Event Coordinator stated, “Besides case studies of the application of blockchain and cryptocurrency assets, the conference will also feature presentations on the development of decentralized technologies and trends in the legislative area. You won’t find such an information on the Internet.”

Participants will be able to attend two similar sections that will be the main hall dedicated to blockchain in cryptocurrencies and businesses. Another one will be Tech Hall where speakers will emphasis on ICOs, assets tokenization and trading. The Main Hall section will mainly emphasis on the topics related to the technological development of blockchain, its safety, and cross-industrial application. Speakers will converse the communication between crypto assets and old styled finances, as well as forecast the regulation of cryptocurrency market in Ukraine and many other countries, as revealed by the latest blockchain news.

The Tech Hall section will be committed to the real use of tokenized assets and token sales. Speakers will clarify how to trade these type of assets on the crypto market and what outcome will the development of decentralized technologies give. Speakers will include leading crypto experts from Ukraine and overseas, monetary analysts, businesspersons, depositors, attorneys, government officials, startup founders, dealers, and advertising specialists.

Exhibition Area And Venue

As per the news published in Ambcrypto, the event is meant not only at businesspersons and investors but also at each person interested in the blockchain industry development. A particularly equipped area will let key market players present their current achievements such as mining software and hardware financial, legal, technical, and consulting services to various industries. Blockchain news even revealed that the event’s venue which will take place in Parkovy CEC is opposite to Mariyinsky Park Ukraine.

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ICON Teams With Insurance Firm Kyobo Life To Develop Blockchain Global Services

ICO is one of the most valuable blockchain projects in South Korea that have secured a planned partnership with Kyobo Life, the country’s largest insurance firm together with Samsung in order to develop Blockchain Global Services.

Kyobo Life is specially created for a blockchain-based automated insurance claiming services which have partnered with ICON and its development team to work with other regulated financial institutions such as KOFIA and 25 security firms, so that, they could develop blockchain applications which could be arranged and commercialized at a greater scale.

Both the companies Kyobo Life and ICON established an official Memorandum of Understanding (MOU) to use the blockchain in mechanizing the difficult insurance claiming procedure.

Presently, many insurance companies and healthcare centers are depending on old-fashioned networks and hardware such as fax machines to let the patients receive their insurance payment, however, with a scheduled pilot test in September, Kyobo Life and the ICONLOOP development team are preparing to launch an official operation in October which will mark the positioning of the first blockchain global based insurance system combined by one of the major insurance companies in Asia.

According to Jonghyup Kim, Foundation Council Member at ICON Foundation and CEO of ICONLOOP, Kyobo, and ICONLOOP have planned to expand the platform along with many more participants to systematize the claiming process. With more insurance and hospitals providers on board, ICONLOOP will go from an experimental test in September 2018 and then it will launch a formal operation starting October.

As per the news revealed in Cryptoslate, being a blockchain global investment company the South Korean government’s inventiveness to include it as one of the essential technologies in the fourth manufacturing revolution partnered with Kyobo Life’s interest towards the potential of blockchain technology. The ICON-Kyobo partnership will be the first step towards a large commercialization of blockchain in South Korea’ protection sector.

Recently, ICON was nominated by the Korea Ministry of Science & ICT to participate in the “Cultivating Innovative Youth Talents 2018” program, which was aimed to help many youth talents who are expert in the industrial revolution and core technologies such as blockchain.

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Blockchain News: VNX Launches European Digital Asset To Democratize VC Industry

The latest blockchain news stated that VNX Exchange is now introducing a European digital asset market meant at bringing liquidity to the $530 billion worldwide venture capital industry. It has lately added Dominique Valschaerts, former CEO of the Brussels Stock Exchange, to its board.

By creating a supervisory compliant and safe marketplace, VNX plans to lessen hurdles for investors and solve venture capital as an asset class to a much broader international investor base. The VNX platform takes an age-old monetary practice and takes it up to date with blockchain technology.

According to founder and CEO Alexander Tkachenko, VNX is a financial marketplace (theoretically same as a classical stock exchange) that will interlace many categories of customers. The VC industry can be difficult to enter, so VNX’s aim is to make it more comprehensive for businesspersons and investors alike. The blockchain news even revealed that the VNX platform functions as a marketplace that lets VCs get extra liquidity in exchange for a share in the future profits which in turn, enhances the capital speed and economics of VC investing, lessening capital lock-in from 14 years to just 3 years, making venture investment more striking as an asset class

What’s Next For VNX?

VNX primary objective is to build a platform to open up VC as an asset class to a broad investor base to achieve this, a level of security, reliability, and usability that will not only match but exceed that of existing market platforms both traditional and new. VNX is currently finalizing the next version of its trading platform after completing testing and evaluation of our first MVP version that was released in February 2018, a spokesperson said to Venture Beat.

As per the latest blockchain news another strategic goal for VNX is creating a robust ecosystem, VNX collaborates with Luxembourg University, the leading European center of blockchain competence, and is in the procedure of adopting partnership agreements with many important key players in the blockchain ecosystem.

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WWF Accepts Donations In different Cryptocurrencies Using Blockchain Global Technology

WWF Italy (World Wildlife Fund) greets a new community of groups that have an option to donate in 23 different cryptocurrencies using exclusive blockchain global technology. In joining forces with AidCoin, WWF has developed one of the major non-governmental organizations (NGOs) to list with the AIDChainplatform, and attach itself to a network of services that have been exactly developed to reinforce the 3rd sector using transparency, traceability, and faith.

This newest step by WWF is composed to affect the technique in which the global community observes larger charities in terms of their physical complexity and considerable opacity to the public when it comes to handling and assigning funding raised.

In adopting AIDChain, charities and NGOs can make use of a leading-edge blockchain global technology that can rationalize the management of funds and offer donors with an active role by tracking and dealing exactly how their money is being spent from start to end. WWF supports its values to that of AidCoin’s final goal as they reduce the continuing trust disaster throughout the third sector.

This method of donating served as a real-life application of cryptocurrencies as a means of payment. WWF has dedicated to spending funds raised in crypto without changing to fiat. In simple words, crypto will stay crypto through the complete donation journey in order for donors to gain the key advantage of being able to track future funds redistribution. As per Irish Tech News, in joining the AIDChain platform, WWF supports the significance of using global blockchain technology.

About AidCoin

AidCoin is an ERC20 compliant utility token that offers transparency in the nonprofit sector, letting individuals track their charitable donations through the AIDChain platform. AIDChain is an easy-to-use interface, that converts main cryptocurrencies into AidCoin. AidCoin is considered and established by CharityStars which will be the first to utilize AIDChain within its own ecosystem of charities, donors, celebrity donors and events.

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Data61 Partners With Law Firm Herbert To Use IBM Blockchain

CSIRO’s Data61 has partnered with law firm Herbert Smith Freehills to shape a new IBM blockchain based smart legal contracts network. Data61 said that companies will be allowed to digitally handle the lifecycle of a smart contract from negotiation through signing and continuing over the term of the agreement which will be enabled by the Australian National Blockchain (ANB).

Blockchain can redraft the economy and modify the balance of power across various industries. It has specific uses for the companies. The service built on the IBM Blockchain will deliver organizations with the capability to use blockchain-based smart contracts to activate business procedures and occasions, and businesses on the network that will be able to use digitized contracts, exchange data and authorize the genuineness and status of legal contracts.

Data61 further explained ANB will offer smart legal contracts that comprise smart clauses with the capacity to record external data sources such as the Internet of Things (IoT) device data, allowing these clauses to self-execute if identified contract conditions are met.

Data61, IBM, and Herbert Smith Freehills will first test the concept as a pilot project. The group is already working with another Australian law firm to bring the ANB to market. They are planning on inviting, banks, regulators law firms, and different Australian businesses in order to contribute in the pilot till the end of 2018. Once the Australian pilot will become successful, the group will intent to roll out the technology to other markets in Australia.

As per ZDnet, IBM Cloud and IBM Blockchain offer the uppermost level of security to support highly regulated industries such as healthcare and government. IBM has a wide-ranging experience in building blockchain networks and assembling a huge group focused around to resolve essential business problems.

According to the IBM Global Business Services, Vice-president, and partner for Cognitive Process Transformation, Paul Hutchison, the ANB could be a variety for commercial blockchain, encouraging innovation and economic development throughout Australia.

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China Soon Overshadows America In terms of Global Blockchain Development

The US currently stands as the world leader in global blockchain technology, however, as per the PricewaterhouseCoopers (PwC), China could very soon dominate America in terms of blockchain development.

A new survey conducted by the firm that inspected the views of 700 executives in 15 countries in the US (30 percent) seemed as the most progressive country in emerging blockchain projects, followed by China (18 percent) and Australia (7 percent). Though, within 5 years, defendants believe that China will have overhauled the US (30 percent), shifting the primary center of impact and activity from the Europe and US.

According to Manuel Martin, CEO, and co-founder of Orvium, the new open source decentralized platform aims to transform the educational publishing sector, the US, Australia, and China which are closely followed by authorities such as South Korea, Japan, Malta, and Liechtenstein which have made huge paces to become sources for a blockchain innovation.

Recently, Japan’s ministry of economy announced a blockchain-based data sharing platform for the trade industry, while South Korea has been expanding and promoting the usage of blockchain in a host of methods including responsiveness programs and events. Malta approved a blockchain-friendly regulatory framework for global blockchain technology, initial coin offerings (ICOs) and crypto assets in June, and Liechtenstein is currently working on the Blockchain Act, which would integrate current business models in regulatory terms in order to give companies and their client’s legal certainty.

Findings from PwC’s 2018, Blockchain Survey advised that corporations around the world are thinking about adopting blockchain technology in spite of regulatory hesitation, which was recognized as the main barrier to business adoption. People noted that blockchain could open up numerous opportunities, including fewer costs, larger speed, and productivity.

As per the news published in Coin Journal, an overwhelming 90 percent said that their administrations have at least some participation in blockchain technology, but only a quarter of these actually have a lived global blockchain implementation or pilot project running.

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Blockchain Info: Singapore Stock Exchange Taps Blockchain For Faster Settlements

In a bid to improve the efficiency of securities settlements, recently, a blockchain info has been utilized by the Singapore’s stock exchange which is collaborating with the Monetary Authority of Singapore (MAS), the city-state’s de facto central bank.

The Singapore Exchange (SGX) stated in a release that the partnership is aimed at topping up the country’s Delivery versus Payment (DvP) volume, so that, it’s able to mechanize communications via blockchain-based smart contracts. DvP is a payment procedure that safeguards assets that are transacted only when consistent payments are received.

According to the announcement, the lending technological support is a list of well-known firms like Nasdaq-like professional services firm Deloitte and the blockchain startup Anquan. The aim is to improve a distributed network where monetary investors and institutions can do the transactions securities that have been changed into digital tokens through various blockchain platforms.

The partners of the companies stated that the blockchain info technology will be planned based on the open source code ensuing from the newest development of Project Ubin, the MAS initiated in 2016 test out settling interbank transactions through a distributed ledger technology. A detailed report classifying and probing key design considerations that will be released by November, according to the release.

Tinku Gupta, the project chair and SGX’s head of technology, stated that this initiative will organize a blockchain technology to professionally link up assets transfer and securities transfer, removing both purchasers and vendors who will be the risk in the DvP process.

As per the news published in Investopedia, the SGX will be using securities trading platform that will be turning into blockchain for possibly quicker securities settlements. Presently, the Australia Stock Exchange is also using blockchain info and touching towards a replacement for its current settlement system built with the blockchain startup Digital Asset Holdings that supposed to roll out in 2020.

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AmaZix Partnerships With Iconiq Holding To Support Blockchain and Best Digital Asset Management

To support blockchain and best digital asset management, Iconiq Holding, the team behind the world’s first decentralized venture capital group Iconiq Lab that declared an intentional partnership with the world’s leading community management and engagement firm AmaZix. The partnership further shows that Iconiq Holding’s commitment to its own group’s progression and improves its capability to connect the outdated investment space and cryptocurrency economy. AmaZix’s efforts in founding quality standards are further established through this relationship.

Through AmaZix, the world-renowned community engagement platform, the company will be able to lay additional bricks to the bridge that are been structuring building between crypto and out-of-date monetary institutional markets.

According to Iconiq Holding CEO, Patrick Lowry Iconiq, holding its dream of generating one of the best digital asset management ecosystems by reaching the correct audience. AmaZix, like Iconiq Holding, is a Gibraltar Blockchain Exchange partner company and has worked with BANCOR and GoChain. Both AmaZix and Iconiq follow severe due diligence procedures. The collaboration is set to establish fresh standards of excellence in a developing crypto economy. This collaboration extends to the companies of Iconiq Lab, who can now benefit from world-class community engagement and building strategies provided by AmaZix.

AmaZix CEO, Jonas Karlberg, says that its an honor for people at AmaZix to arrive into this beneficial partnership with Iconiq Holding’s Patrick Lowry and his brilliant team who are at the head of decentralized venture capital.

As per the news published in PR Newswire, the AmaZix team will start integrating themselves into the Iconiq community in September 2018 whereby an extensive community of more than 100,000 individuals across each social channel that will be cooperatively managed by AmaZix and the Iconiq C-level management team.

About Iconiq Holding

Iconiq Holding is structuring the best digital asset management ecosystem, creating trusted financial vehicles and business chances for investors in the blockchain market, driven by the ICNQ token. Iconiq Holding propelled the world’s first decentralized venture capital club, Iconiq Lab, and a Sponsor Firm of the Gibraltar Blockchain Exchange (GBX).

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Blockchain News: S7 Airlines Teams Up With Gazprom To Use Blockchain Aircraft Fuelling

As per the latest blockchain news, Russian air carrier S7 Airlines has collaborated with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling. S7, which has many industrialized blockchain use cases in the past three years that will now use the technology in order to increase the competence of payment and fuel delivery at airports.

Aviation Fuel Smart Contract (AFSC) system has enhanced the speed and productivity of two-way settlements in the extremely accurate and time-sensitive activity of aviation refueling. It has also successfully programmed the process of accounting and planning for flight fuel supplies.

The blockchain news stated that according to the parties involved, the move marks the first use of such blockchain technologies on the Russian market. Smart contracts will replace the current complex process involving pre-payments, bank guarantees and “associated risks, which will, in turn, produce less handling time and provide savings on labor prices.

How Does It Work?

The new AFSC system, aviation, and airlines companies can now get prompt payments for fuel right at the point of refueling, eliminating the requirement for pre-payment or bank guarantees, and immensely dropping financial risk to both airline and fuel supplier. This results in considerable speed, effectiveness and price savings in the course of handling an air transport operation.

On the day, the pilot will request for a fuel volume through the system, and then the system sends an application to the airline’s bank to present the required amount on account. The authorization process will take place and then the plane is refilled and payment is settled rapidly.

As per the latest blockchain news speaking about the benefits offered by the AFSC platform, Anatoly Cherner, Deputy CEO for Logistics, Refining, and Sales, Gazprom Neft, stated that applying digital transformation projects in collaboration with main partners will allow the company to reach a new level in technical and operational efficiency.

As CCN reported, in 2018 Lufthansa had announced the creation of worldwide aviation blockchain challenge to support its blockchain R&D efforts within the flight space.

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Crypto Exchange Upbit Hosts Developer Conference To Promote Global Blockchain Tech

South Korea’s largest cryptocurrency exchange Upbit will host a developer conference in September to talk about the global blockchain tech. The developer conference will be taken place on Jeju Island. This  Developer Conference 2018 will start from 13th September and end on 14th September 2018 with the slogan “Proof of Developer, the company that runs Ubpit. Its whole conference will be concentrated on endorsing the latest blockchain technology.

The company stated that many real services that use blockchain will be presented with interest rising in developers who will be the center of those technologies. The speakers of the conference will include Steemit founder and CEO Ned Scott, Ontology founder Li Jun, OST CEO Jason Goldberg, and Bittrex co-founder and CEO Bill Shihara. Upbit founder, Song Chi-Hyung, will also join the conference.

Agendas and event will cover subjects such as blockchain-based content platforms, scalability, stable coin, safety and smart contracts, cloud computing, and P2P based global blockchain services, decentralized apps and token technology.

According to Dunamu CEO, Sirgoo Lee, UDC 2018 aims to develop a developer-focused public platform where visitors can meet practical knowledge and the newest trend in the blockchain. Dunamu is the social trading partner of South Korean chat giant Kakao, which owns a 10 percent stake in the company. Dunamu runs Upbit as well as Kakao Stock, a mobile securities trading service.

Kakao runs Ground X, its blockchain subordinate, which is collaborating with the Seoul municipal government for social impact projects. The services and connections accessed by Kakao continue to absolutely impact the Upbit cryptocurrency exchange in moving ahead.

South Korea is the third-largest cryptocurrency exchange center in the world after which there are Japan and US. As per the news revealed in ZDnet, the government is framing a regulatory framework for global blockchain that will be announced at the end of 2018 at the earliest.

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Tech Mahindra and Microsoft Teams Up To Curb Pesky Calls Through Blockchain

Tech Mahindra and Microsoft have announced their partnership to develop a blockchain-based technology to control irritating SMS and calls as recommended by Telecom Regulatory Authority of India (TRAI).

The company has collaborated with Microsoft to make a distributed ledger technology (DLT)-based solution to build a healthy ecosystem in line with the regulations issued by TRAI. Based on blockchain technology and built on Microsoft Azure, the explanation aims at modifying the problem of unsolicited commercial communication (UCC) in the country.

According to TRAI’s new rules to control pesky calls, telecom operators are needed to organize blockchain-based technology to stop unauthorized access of subscriber’s data, make the system in control and improve confidentiality. This is apparently first-of-its-kind technology in the world to be organized in order to prevent leaks of customers info from unauthorized telemarketers. Blockchain technology is a powerful tool that can battle the problem of spam calls, fraud risks and to safeguard user information & the honesty of the telecom sector.

As per Rajesh Dhuddu, Global Practice Leader, Blockchain, Tech Mahindra, this DLT-based solution will allow enterprises to stop financial frauds and perpetration of misleading financial information by unregistered telecom marketers who rampantly use the SMS service of telcos. TRAI’s new rules aim to assure that subscribers’ data is not noticeable to the person working on the system in clear text or any application other than the application performing the given functions.

The regulator has stated that spam calls are the main irritation to telecom subscribers and has been working with stakeholders to control this threat. Any changes made in a blockchain-based system get imitated across all the computers linked to it and it can be effortlessly tracked when and where the changes were made.

The blockchain-based solution will allow telcos and registered telemarketers to take care of preference registration, consent acquisition, dynamic preference setting, stakeholder onboarding, header registration, template registration, scrubbing service, and complaint handling and tracking, the statement said.

As per the news published in First Post, through Tech Mahindra and Microsoft Azure blockchain powered solution, loopholes will be lessened.

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