The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce. According to a Global Trade Review report, “more than a dozen…
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While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase. A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer…
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Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization. Eight new members have joined Hyperledger, including several firms targeting tokenization initiatives. Hyperledger is a consortium of firms working on open-source enterprise solutions using distributed ledger technologies (DLT). Launched in December 2015 by the Linux Foundation,…
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Cardano development company will be joining the Hyperledger Project and W3C focusing on the enterprise use cases as part of its bid for the next five years. IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskison,…
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Billion-dollar industries are using blockchain platforms powered by Hyperledger Fabric to bring trust to traditionally nontransparent markets. Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director…
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IBM praises CEO for playing a significant role in developing its blockchain business. In a letter to the shareholders, IBM has acknowledged that one of the main achievements of the new CEO is the expansion of its blockchain business. The document notes that its technology portfolio is “built for the future”, with blockchain being one…
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MiPasa leverages data analytics and IBM’s blockchain platform to ensure accurate and trustworthy COVID-19 data for researchers, clinicians and governments. With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19…
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Medici Ventures announces partnership between Symbion and GrainChain to expand the blockchain-based agritech platform globally. Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain. Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont…
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A new FDA study shows that blockchain technology can save the pharmaceutical industry $180 million in labor costs by tracking and tracing prescription drugs. UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year. The study was…
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Aerospace giants Boeing and Honeywell have partnered to track and sell $1 billion in spare aviation parts using distributed ledger technology. Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain technology. The partnership was revealed at the Hyperledger…
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