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Blockchain News

Ripple: How cryptocurrency can be a viable route to sustainability for financial technology

Since the start of the Covid-19 pandemic, countries under full lockdown have experienced an average 25% decline in energy demand per week. Encouragingly, non-renewable sources of energy like oil and coal declined in usage nearly 20% as curtailment in commercial operations took hold. However, projections from McKinsey suggest these positive developments could be dismantled by…

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Blockchain News

EY ramps up blockchain offering with procurement and visualisation tools

EY (Ernst & Young) has continued its blockchain momentum with two new releases of an enterprise network procurement offering and visualisation tool. The EY OpsChain Network Procurement tool, built on the EY OpsChain platform, will aim to allow companies to run private, secure, end-to-end procurement activities on Ethereum. “As more and more companies work as…

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Blockchain News

Software AG gives blockchain a mixed rating in enterprise emerging technology assessment

Blockchain should still be in the ‘assess’ phase for enterprises with many parts of the technology ‘considerably overhyped’, according to Software AG. The German enterprise software firm, in its most recent Technology Radar for IoT and Integration, explored 23 emerging technologies, around connectivity and protocols, information management, analytics and serving, and programming, hosting and operating.…

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Blockchain News

Blockchain patents ‘skyrocketing’ in 2020 with Alibaba leading the way, says study

Blockchain patents are ‘skyrocketing’ in 2020 with Alibaba by far the leading publisher, according to a new study. The research, from IP consulting provider KISSPatent, found Alibaba had published 10 times more blockchain-related patents than IBM, in second place, in 2020. The study came about to better assess the number of blockchain innovations and patents…

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Blockchain News

Most cloud-native attacks looking to mine cryptocurrency, report warns

A new threat report from Aqua Security has revealed the majority of attacks analysed on cloud-native infrastructure were for mining cryptocurrency – with a ‘growing, organised and increasingly sophisticated’ pattern of attacks noted. The report, from Team Nautilus, Aqua’s cybersecurity research unit, detailed a year’s worth of attacks observed in the wild, looking at methods…

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Blockchain News

Blockchain spend to hit $4.1bn in 2020 as banking and manufacturing lead ‘robust’ investments

Global spending on blockchain solutions will reach $4.1 billion (£3.18bn) this year at an increase of more than 50% compared to 2019, according to IDC. The analyst firm’s latest Worldwide Blockchain Spending Guide forecast a five year CAGR of 46.9%, reaching a total of almost $17.9bn by 2024. In total, banking and manufacturing – both…

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Blockchain News

South Korea’s biggest job site using blockchain to verify applications in ‘full implementation’

South Korean technology provider ICONLOOP and recruitment platform SaraminHR have announced success in a pilot to prevent job application fraud through blockchain technologies. The two companies signed an agreement earlier this year to build and promote a blockchain-based decentralised identity ecosystem, among other services. The announcement relates to what is claimed as ‘the first full…

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Blockchain News

Visa joins Hyperledger as SAP, Swisscom and Tencent gain service provider certification

Hyperledger has announced its latest tranche of members and certification holders, with companies including Visa, Swisscom and Tencent all on board. The announcement, which comes before the organisation’s annual member summit, showcases eight new members, as well as seven companies who have become Hyperledger Certified Service Providers (HCSPs). The other new members, alongside Visa, are…

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Tech Mahindra to run healthcare, aerospace, telecom offerings on Amazon’s managed blockchain

Technology and IT services provider Tech Mahindra is teaming up with Amazon Web Services (AWS) for blockchain offerings in aerospace, telecoms, and healthcare. The Indian company, which is an AWS Partner Network (APN) advanced consulting partner, will offer three primary solutions through the AWS Marketplace. There will be a kit management tool for aviation and…

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Blockchain News

Health n Go Covid-19 blockchain certificate trial described as ‘encouraging’

Health n Go, a blockchain-based secure health certificate built on the TIXnGO platform, has reported ‘encouraging’ results of a Covid-19-focused trial in Switzerland. The pilot, which took place in early July, saw Health n Go partner with Medisupport, a laboratory network in Switzerland, as well as railway equipment manufacturer Matisa. Matisa was chosen as the…