Oil majors Chevron and Total join blockchain platform for energy commodity trading  Vakt Oil majors Chevron and Total join blockchain platform for energy commodity trading Vakt
Oil giants Chevron and Total have joined London-based blockchain platform Vakt, Reuters reported. Vakt is a blockchain-based post-trade processing platform backed by energy majors BP, Shell, and Statoil; trading houses Gunvor, Koch Supply & Trading, and Mercuria; and banks ABN Amro, ING, and Societe Generale. It was created and launched as an independent company in December 2017. Last month, Indian energy and telecom giant Reliance Industries announced that it has acquired 5.56% equity stake (on a fully diluted basis) in Vakt for $5 million. A member of the Ethereum Enterprise Alliance, Vakt aims to digitize the global commodities trading industry by creating a secure, trusted ecosystem, powered by blockchain technology. The platform went live in November 2018 and is already being used by its member trading firms. This item was found by us on 2019-01-16 18:39:50. Share this content on social media: Visit thenews.asia to find more similar content. Reply to Topic

Israeli shipping firm ZIM advances blockchain-based Bills of Lading initiative to next phase Israeli shipping firm ZIM advances blockchain-based Bills of Lading initiative to next phase
Israeli shipping firm ZIM advances blockchain-based Bills of Lading initiative to next phase In November 2017, the company announced the successful completion of the first pilot of the blockchain solution in cooperation with Sparx Logistics and Wave Ltd. Since then, ZIM said that it has been testing the platform in multiple shipping lanes with more customers. These transactions suggested that blockchain technology has the potential to not only replace paper but also improve current activities which rely on emails, fax and other existing tools, it added. In particular, the company pointed out two recent transactions which involved transferring original Bill of Ladings to the receiver. All documentation processes, including endorsements, ownership transfers etc. were performed over the blockchain-based platform. This entry was discovered by us on 2019-01-16 18:27:18. Share this content on social media: Have a look at thenews.asia for more from this source. Reply to Topic

Dubai telecom company du to develop blockchain solution for patient safety Dubai telecom company du to develop blockchain solution for patient safety
Dubai-based telecom company du has entered into a partnership with blockchain healthcare solutions company Dhonor HealthTech to develop the UAE's first blockchain solution for patient-centric safety verification, Unlock-BC reported. The project would mark the latest use case of its Blockchain Platform as a Service (BPaaS), which was announced in October 2018 in collaboration with ConsenSys. du's BPaaS is a cloud-native blockchain infrastructure that can provide private blockchain networks with a high level of customization, support multiple consensus algorithms with monitoring, managing capabilities, and smart contract capabilities. It will enable users to create blockchain networks and deploy and run their use cases using intuitive user interface (UI). It supports Ethereum and Hyperledger Fabric v1.3 frameworks. This item was first seen by us on 2019-01-16 18:01:32. Share this content on social media: Related crypto assets include ION. You may want to visit thenews.asia to find more similar content. Reply to Topic

Blockchain startup Chronicled secures $16M in Series A round Blockchain startup Chronicled secures $16M in Series A round
Blockchain startup Chronicled has raised $16 million in a Series A funding round led by Mandra Capital, a Hong Kong-based VC firm. The funding round also saw participation from Streamlined Ventures, The Perkins Fund, Frank Fiore, and David Aho. Mandra Capital is an existing investor in the company and had previously led Chronicled's series seed financing round in 2016. What excites us about Chronicled is that they are building blockchain application networks for the long-term, said SongYi Zhang, Principal of Mandra Capital. While many companies in the space are conducting ICOs fueling speculation and hurting the legitimacy of the space Chronicled has stayed disciplined by pursuing traditional funding while focusing on developing needed applications with quantifiable ROI value. This piece was retrieved by us on 2019-01-15 16:46:07. Share this content on social media: Have a look at thenews.asia for more similar content. Reply to Topic

Swiss investment bank Vontobel launches crypto custody solution Swiss investment bank Vontobel launches crypto custody solution
Swiss investment bank Vontobel on Monday announced the launch of a crypto custody solution, called Digital Asset Vault. In its press release dated January 14, Vontobel said: Vontobel now offers financial intermediaries such as banks, asset managers, and wealth managers a custody solution for digital assets ?Digital Asset Vault?. The solution would enable these financial intermediaries to provide their clients with an end-to-end service offering for digital assets. Importantly, they would be able to do so via a simple connection to Vontobel and without any significant investment in their own infrastructure. This piece was found by us on 2019-01-15 12:46:28. Share this content on social media: Related crypto assets include ION. Check out thenews.asia for more from this source. Reply to Topic

Coincheck joins the list of registered cryptocurrency exchanges in Japan Coincheck joins the list of registered cryptocurrency exchanges in Japan
Coincheck, which suffered a major $530 million hack last January, has now received the license to continue its operations as a cryptocurrency exchange. Monex Group, a Japanese online brokerage firm that acquired Coincheck in April 2018, announced last week: Coincheck, Inc'announced today that it had registered with the Kanto Financial Bureau as a cryptocurrency exchange agency in accordance with the Payment Service Act, effective January 11, 2019. Monex added that Coincheck complied with the Financial Services Agency's Registration Process for Cryptocurrency Exchange and gave a full explanation to the agency on its business descriptions, plans, risk management, and security aspects, among others. This entry was first found by us on 2019-01-14 13:42:46. Share this content on social media: Related crypto assets may include XCG, CAG. See thenews.asia for additional posts. Reply to Topic

Blockchain Beyond Finance: A look at the technology s implementation in healthcare Blockchain Beyond Finance: A look at the technology s implementation in healthcare
Blockchain technology can bring a number of benefits to the health care industry such as improved health care data management, tracking and verification of the authenticity of medicines, and more. According to the results of a survey conducted by PwC published in September 2018, 49 percent of global healthcare companies are developing blockchain solutions. However, 47 percent of companies said that lack of trust is a barrier to implementing blockchain and 39 percent of companies said that regulatory uncertainty is holding back blockchain. Blockchain-based technologies offer substantial opportunities to reinvent how healthcare companies access, collect, distribute, share, leverage, monitor, and audit data. Not all companies will benefit. Companies that are slow to change may lose out to ones that use the technology to cut costs and increase efficiencies, PwC said. This posting was obtained by us on 2019-01-14 12:43:35. Share this content on social media: These assets may interest you ION. See thenews.asia to find more similar content. Reply to Topic

Mongolia s capital city to launch blockchain-based money transfer services via Terra partnership Mongolia s capital city to launch blockchain-based money transfer services via Terra partnership
Mongolia's capital city of Ulaanbaatar has partnered with stablecoin project Terra with the objective of launching instant money transfer and lending services, e27 reported. Founded by Daniel Shin, Terra is a new project that aims to create a price-stable digital currency. In August 2018, it raised $32 million in a seed funding round that received support from Binance Labs, OKEx, Huobi Capital and Arrington XRP Capital, among others. According to e27, Terra's payment solution will be first rolled out in Ulaanbaatar City's Nalaikh District through a pilot program with two main features including peer-to-peer (P2P) payments and mobile payments. This post was retrieved by us on 2019-01-14 12:32:53. Share this content on social media: Browse thenews.asia for complete listings from this source. Reply to Topic

exchange Seed CX launches new wallet solution for institutional investors exchange Seed CX launches new wallet solution for institutional investors
Cryptocurrency exchange platform Seed CX has announced the release of a new digital asset wallet solution designed with the needs of institutional investors in mind. The new wallet features on-chain settlement and aims to be more stable, more transparent, and more secure than any other wallet solution. Each Seed CX market participant will receive a unique wallet instead of having their assets held in a single omnibus wallet, or across multiple shared wallets. According to the official release, the wallets will be provided to customers via Seed CX's settlement subsidiary, Zero Hash, which would synchronize its internal accounting layer with the blockchain. This would give users an additional external view of all deposits, movements and withdrawals associated with their wallet. This post was found by us on 2019-01-11 16:19:07. Share this content on social media: Mentioned cryptocurrencies include XCG, CAG, ION. You may want to visit thenews.asia for more. Reply to Topic

Crypto startup Wirex adds support for WAVES token Crypto startup Wirex adds support for WAVES token
Wirex, the UK-based digital money platform, has announced that it is collaborating with blockchain startup Waves to add support for the WAVES token on its platform. WAVES is currently among the top 25 cryptocurrencies in terms of market cap. Wirex said that the WAVES token holds a unique place in the crypto space because its underlying utility addresses some critical hurdles that hinder the mainstream adoption of blockchain technology, such as scaling, interoperability, and security. Previously E-Coin, Wirex is a hybrid personal finance platform that facilitates the seamless conversion of cryptos and traditional currency. In August 2018, it was granted a UK FCA (Financial Conduct Authority) e-money licence. This posting was discovered by us on 2019-01-11 12:43:54. Share this content on social media: These assets may interest you WAVES. Check out thenews.asia for more from this source. Reply to Topic

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