April 8, 2020 Canada-Based Blockchain Company To Deploy a COVID-19 Electronic Screening The DOCit app will be used as a screening tool in a Canadian region to combat the coronavirus pandemic. Canadian technology company, VitalHub Corp, announced on April 8 the first deployment of a blockchain-based coronavirus screening tool.…
April 8, 2020 Blockchain Traceability Overtakes Payments Among Major Corporations Multi-billion dollar companies are more likely to use blockchain for traceability than for payments, according to a new analysis. Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50.The…
April 7, 2020 ConsenSys Health Launches Coronavirus-related Virtual Hackathon The virtual hackathon will take place from April 13 to May 11, aiming to combat coronavirus and preventing future pandemics. ConsenSys Health announced on April 7 the launch of the “STOP COVID-19 Virtual Hackathon,” which will take place from April 13 to May 11, 2020.The…
April 7, 2020 Why Crypto Liquidations Protect Us All The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us.…
April 6, 2020 Tezos Co-Founder Hints That Her Trading Card Game Will Use Alternative Blockchain Tezos co-founder Kathleen Breitman suggested in a Reddit post the possibility of not using Tezos’ blockchain for her new trading card game. Tezos co-founder Kathleen Breitman has left open the possibility that her trading card game Emergents may not be built on the company’s blockchain, according to statements made on April 5.According…
April 6, 2020 Researchers Design Blockchain-Based Digital Court In Japan Professors in Japan unveiled a blockchain system to settle legal disputes through a “digital court.” A group of researchers has devised a blockchain-based mechanism to perform legal functions in a so-called “digital court,” according to an April 6 announcement.Professors…
April 6, 2020 Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee Nestlé, the world’s biggest food and beverage firm, expands its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestlé, doesn’t put its blockchain efforts on hold.On…
April 6, 2020 WEF Explains How Blockchain Can Help Calm Global Supply Chain Chaos The authors of a report for the World Economic Forum argue that blockchain technology is key to mitigating the impact of disruptions like the COVID-19 pandemic. As the COVID-19 pandemic brings major economies to their heel under lockdown, there is mounting concern that the global trade and supply chain system could buckle within weeks. Collapsed…
April 6, 2020 South Korea’s Central Bank Launches Digital Currency Pilot Program The Bank of Korea has launched a pilot program to assess the technological and legal requirements of issuing a central bank digital currency. The Bank of Korea announced on April 6 that it has launched a pilot program to assess the logistics of issuing a central bank digital currency — or CBDC.While…
April 5, 2020 Africa Using Blockchain to Drive Change, Part Two: Southern Solutions Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa. With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent.…
April 5, 2020 Traditional Traders Show Growing Interest in Crypto A report made by Acuit shows that Bitcoin and Ethereum derivatives are a growing interest within institutional firms. A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC).According…
April 3, 2020 Binance Shelters Against Job Losses During Global Pandemic Binance, the world’s largest crypto exchange, has announced 100 new hires despite the ongoing economic downturn. While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance,…
