Dubai Government, Banks and Financial Firms Team Up With IBM on Blockchain Project

Dubai, one of the world’s largest trading hubs, has linked up with IBM to launch a scheme using blockchain computing technology to process transactions and keep track of goods being shipped, IBM said on Tuesday.

The initiative will provide real-time information about the state of goods and the status of their shipment to Dubai’s customs and trade agencies and companies involved in the trade process, IBM said. Continue reading Dubai Government, Banks and Financial Firms Team Up With IBM on Blockchain Project

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Bosch, Cisco, BNY Mellow Launch New Blockchain Consortium

Bosch, Cisco, BNY Mellow and other companies launch new blockchain consortium.

Cisco Systems, Bosch and several other companies, have set up a consortium to work on how blockchain can be used to secure and improve “internet of things” applications, as sectors beyond finance seek to benefit from bitcoin’s underlying technology. Continue reading Bosch, Cisco, BNY Mellow Launch New Blockchain Consortium

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Anti-establishment Wave to Help Push Blockchain into Real World in 2017

Blockchain into real world in 2017.

A wave of anti-establishment sentiment sweeping the Western world is likely to help push blockchain – the technology that gave birth to the renegade digital currency bitcoin – out of cyberspace and into the real world in 2017.

Blockchain, which allows the web-based currency to function, has attracted some big backers who have risen to prominence partly because of their rejection of traditional power structures – like bitcoin itself. Continue reading Anti-establishment Wave to Help Push Blockchain into Real World in 2017

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