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IBM has filed a patent for a blockchain-based system which will prevent players of augmented reality games entering physical spaces that are undesirable. They cite as examples “high-risk locations, culturally sensitive locations, locations marked by property owners.” Augmented reality is a technology which adds layers to physical reality. An example is Zombie GO, an AR
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In a press release published earlier today, DMG Blockhain announced that it will build a blockchain based supply management platform for the Cannabis industry. Using DMG’s platform, producers, distributors, retailers, shippers, regulators, and others in the Cannabis supply chain will be able to ensure product traceability, safety, and transparency when it comes to the Cannabis business. The platform is set to deploy in Canada first, and later expand globally.
What is DMG Blockchain?
Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities. A promising sign for what the future may hold.
As one of the founders of the Interbank information network, ANZ plays a key role in the process of incorporating blockchain technology. Although it remains to be seen if this bank will ever use DLT for a commercial product, one cannot deny the opportunities which loom on the horizon. ANZ has an ongoing partnership with IBM to build a blockchain infrastructure as well. Exploring different options will yield the best results in this growing industry.
Forex trading platform TigerWit has announced a new partnership with Liverpool Football Club and the launch of a new blockchain-based trading app that gives clients access to access to key global markets and trade FX, indices, commodities and metals. Under the terms of the partnership, TigerWit becomes the ‘Official Foreign Exchange Trading Partner of Liverpool FC’ in
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Tsukuba is now the first Japanese city to test a voting system that incorporates blockchain technology.
According to the Japan Times, a new online voting system that incorporates blockchain has been introduced to let citizens vote for different social contribution project proposals.
Project proposals included the creation of new cancer diagnostic technology, the introduction of a “mystery solving game” for cheap entertainment, and the construction of a system to help manage outdoor sporting competitions.
Civil, a blockchain-based journalism startup, promises a comprehensive solution to create a “decentralized marketplace for sustainable journalism” by directly supporting content creators, fighting “fake news,” and removing advertising from the news experience. While Civil’s goal –– to flip the current journalism model on its head –– is ambitious, the team has already recruited a network of newsrooms and has secured $ 5 million from ConsenSys to build their product.
The State of Online News in 2018
It’s hard to verify the trustworthiness of online news in 2018. From fake news spread through social media networks such as Twitter to “deepfake” videos of President Obama circulating on YouTube, consumers must be ever vigilant when they’re looking to catch up on recent events.
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. With blockchain technology deemed a key component of Industry 4.0, and the global videogame industry valued at over $ 100 billion and set to grow to over $ 128 billion
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Despite the fact that the overall cryptocurrency market has declined with around 70 percent since January 2018, interest in blockchain-based technology grows stronger. Yet another major company, UPS, demonstrates its serious intentions for implementing DLT in its operations.
UPS Boards the Blockchain Bandwagon
The shipping giant UPS has filed an application for a patent with the US Patent & Trademark Office.
The company seeks legal protection for a system which takes advantage of blockchain-based technology for storing different types of information within a distributed ledger network. The data includes details about the package’s destination, its actual movement, as well as transportation plans and others of the kind. The patent reads:
New York realtors looking to avoid hiccups in their commission payouts can now turn to blockchain-based smart contracts. The first real estate commission split was brokered earlier this summer in Manhattan’s ritzy SoHo neighborhood by New York-based Bapple Realty.
Enabled through data uploaded onto the Zap platform, the seller divvied up a $ 3,400 commission — paid in Ethereum tokens — to pay the brokerage and the agents involved in the transaction.
Bapple itself is no stranger to blockchain technology and the use of cryptocurrencies. In 2014, the firm agreed to an $ 18,000 rent and commissions payment with bitcoin. With the current deal, the infusion of blockchain technology within the real estate industry becomes more solidified.
ARTiFACTS, creator of a blockchain-based platform for scholarly research, have formed a partnership to advance the use of blockchain in scholarly communications with Innovative Education Services (ies), the Asia-Pacific based consulting firm focused on enhancing quality and global visibility of Asian-Pacific scientific research. Under this partnership, ARTiFACTS and ies will work together to expand the use of blockchain technology to help academic institutions, their researchers, and funding organizations throughout the Asia-Pacific region improve speed, collaboration, access, transparency and attribution in scholarly research.
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration.
By using the Bancor Network, disadvantaged communities in Kenya will be able to create digital currencies that can hold one or more balances in a connected way such that integrated currencies can be swapped for one another without needing a counterparty.
Bancor will launch the new currencies by contributing capital from the proceeds of its $ 153 million token sales in 2017.
Amid the meteoric rise of the global freelance economy, entrepreneurs, creative nomads and independent teams are becoming a large majority of today’s workforce. As this new model for work develops, establishing productive working systems between contractors, businesses and talent becomes a key component to success.
For many businesses, managing the dynamics of an already dynamic ecosystem can seem arduous. The first place to start when designing a working system within such a dynamic environment is to address data points that must be verified as true for a working system to successfully function. These data points include worker’s level of competence, trust and likelihood of completing a job.
ConsenSys Social Impact has joined hands with MakerDAO and Dether to launch Bifröst, a crypto-to-fiat payment system built to expedite the delivery of cash donations to aid groups in conflict areas.
Bifröst was announced during a presentation today, May 29, at the Oslo Freedom Forum in Norway. Executives are planning to pilot the system this summer within certain regions of Southeast Asia and the Middle East.
“Collaborative solutions like these … are paramount to materializing solutions in the social sector,” said Robby Greenfield, ConsenSys Social Impact’s global technical lead. “The Bifröst initiative looks to overcome both the inefficiencies in international aid and the user experience obstacles preventing mainstream adoption of today’s decentralized applications.”
ChronoBank, a leading international HR platform, has announced the launch of LaborX — one of the first blockchain apps currently ready for mass adoption.
A New Addition to ChronoBank’s Ecosystem
ChronoBank.io, an ambitious and broad blockchain project aimed at disrupting the HR/recruitment/finance industries, has announced the launch of LaborX — the first complete blockchain-based job platform in the world.
ChronoBank’s ecosystem is already rich, being comprised of Labour-Hour Coins and a smart contract management system interface (ChronoMint). The former effectively tokenizes labor while removing inflation from the equation, while ChronoMint allows for the management of ETH, ERC20 tokens, BTC, and LTC. It also affords users the ability to create their own ERC20 tokens.
Akamai Technologies, Inc., the cloud delivery platform, and financial group MUFG have announced plans to offer a new blockchain-based online payment network enabling next-generation payment transaction scale and responsiveness.
This hyper-scale payment network, powered by a newly-developed blockchain architecture, is designed to be capable of processing more than one million transactions per second at latencies of less than two seconds per transaction. The underlying blockchain architecture is expected to be extensible to 10 million transactions per second. Transactions executed across the payment network will be accelerated and secured by Akamai’s cloud security offerings.
IBM has partnered with environmental fintech startup Veridium Labs to turn carbon credits — tradable instruments that provide an economic incentive to those who want to reduce their greenhouse gas emissions — into blockchain-based tokens.
In a joint press release, the two companies announced a collaboration to “transform the carbon credit market using IBM blockchain technology with the goal of making it easier for companies to offset their environmental footprints.”
Vernam is developing a decentralized, peer-to-peer, broker-free, cost-efficient, data-driven, and transparent marketplace for the insurance sector, in which consumers will be able to get up to 30 percent cash back on their insurance premiums. Here’s everything you need to know about the platform!
A New Way to Buy Insurance
Vernam is revolutionizing the way people access insurance by connecting insurers directly with the prospective clients — effectively removing unnecessary middlemen from the equation. By doing this, Vernam is able to return clients 30 percent of the amounts otherwise paid to brokers.
The US state of West Virginia has become the first state to test a blockchain-based mobile app for voting. This project will initially only be available to out-of-state military personnel.
The benefits of blockchain technology have been widely publicized, especially after cryptocurrencies started stealing the headlines last year. Core characteristics such as immutable records, security, and efficiency means that it can be integrated into a wide variety of industries, such as supply chain management and even voting.
Ubank launches a Token Sale for Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors simply by selling real goods and receiving cryptocurrency in exchange
The team behind the mobile payments app Ubank expands its business and launches a blockchain ecosystem called Ubcoin Market. Its participants would be able to easily sell and buy real goods in exchange for cryptocurrency. The Token Sale is listed and favorably reviewed on foundico.com, icobazaar.com, and other rating platforms.