Blockchain is literally used in every industry and sector now. If a company knows how to add value through blockchain, then it surely do so given the advantages that the technology offers. The latest of the corporate giants to be eyeing blockchain is the cigarette and tobacco manufacturing company Philip Morris. As reported by press,…
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Samsung, the South Korean electronics giant, is reported to be developing its very own blockchain network on Ethereum and also considering the opportunity to launch its very own Samsung Coin in due course. According to press, the blockchain team that is developing the blockchain mainnet based on Ethereum is part of the wireless division of…
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The first of the "grand masters" in art has officially gone on blockchain. One of Rembrandt's 17th-century etchings has been validated and thus, immortalized through the power of blockchain. The ultimate goal is to protect the art work from art fraud. The etching in question is the famous “The Virgin and Child in the Clouds”.…
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Who knew? Who knew that while investors were enduring the consequences of Crypto Winter, lo and behold, some of the largest corporations around the world were hard at work behind the scenes embracing blockchain technology and developing their own workable solutions, while crypto development companies continued to search for the “killer app” that would reshape…
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The World Economic Forum (WEF) has stepped into the crypto fray and is canvassing central banks to determine their involvement in blockchain developments. The WEF was founded in 1971 as a not-for-profit organization in Geneva, Switzerland, with the express mission of improving the state of the world. Per its website: The Forum engages the foremost…
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The real estate market has been already disrupted by blockchain. That is true especially when it comes to real estate companies and startups that are looking for new and innovative ways to boost property sales and expand their markets. Now, some of the world’s largest financial players such as RBS and Barclays are jumping on…
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Based in Norway, Fenixera is a global debt recovery service platform that protects people from having to write-off international debt. The company essentially makes it easier for someone to maintain a good credit score by managing accounts, collecting invoices, etc. The software used by Fenixera allows users to check people's payment and credit history (which…
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Coinbase just revealed a new $255 million-insurance arrangement for its clients. In a blog post made by the company, the Vice President of Security, Philip Martin, announced that hot wallets (online assets that are “vulnerable” to hacks) have been insured for an amount of up to $255 million. This means that all digital coins stored…
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PayPal has been getting up to speed with blockchain lately. The online payments giant has officially made its first investment in the blockchain “world”. The company has joined the Series A funding of a blockchain-based company that helps its clients (namely financial institutions and different corporations) with managing sensitive data – all through blockchain. According…
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Aviva Ventures and Sesame Bankhall Group (SGB) have partnered to create a blockchain-based protection platform, called Acre Software. The startup is backed by £5 million in seed funding from the two companies. Acre is actually a new generation insurance and mortgage platform that has been supported by Aviva and Sesame with the goal of revolutionizing the mortgage market.…
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