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Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector. Allianz Global Corporate & Specialty SE (AGCS) has progressively been developing a token-based ecosystem utilizing blockchain technology. Currently, the token is still in the experimental phase, although the basic core infrastructure has already been … Continue reading Allianz Advances with Blockchain-Based Token System

How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

Air pollution, one of the plagues currently troubling the human population. In countries like Delhi and china, because of severe air pollution, it is common to see people move around with gas masks, and sometimes motorists have to seal their car doors and windows with tape, because of the danger of breathing polluted air. Many … Continue reading How Distributed Ledger Technology Can Help our Dying Planet Become a Greener Place

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

Mercedes-Benz, the German automobile manufacturing giant reported that they are working in partnership with Circular blockchain to trace automobile gas discharge that is useful to the climate. The blockchain is part of the Startup Autobahn initiative designed to classify cars of the next decade. The companies will deploy blockchain to trace climate-relevant gas emissions and the … Continue reading Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?

BMW Group, a famous global premium manufacturer of motorcycles and automobiles, seeks to expand its pilot blockchain project, dubbed PartChain, to its international supply chains that are muddled in complexity. According to an official announcement, blockchain technology will be instrumental in propelling the traceability and transparency of crucial raw materials and parts as it will … Continue reading What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility. China had ordered the lockdown of many … Continue reading The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The Thrill Behind Non-Fungible Tokens

The blockchain space is continuously crafting a name for itself in the technology arena based on some of the innovations witnessed. For instance, BMW Group, one of the world’s largest automobile manufacturers, recently boosted its blockchain project dubbed PartChain by thrusting the digitalization of purchasing to unprecedented heights. It accomplished this by sharing data within … Continue reading The Thrill Behind Non-Fungible Tokens

Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Groupe Renault, a leading French multinational automobile manufacturer, has established the XCEED (eXtended Compliance End-to-End Distributed) blockchain system to certify the compliance of all car parts from design to production. Adhering to stringent regulations The blockchain-based tool is expected to boost Renault’s efficiency and responsiveness in meeting regulatory stringency in the automotive industry. For instance, … Continue reading Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

What is VeChain?

VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu. It is a blockchain platform designed to improve business processes and supply chain management via more efficient information sharing. While many blockchains are purposed for financial gain through improving and marketing the underlying technology to attract investors for … Continue reading What is VeChain?

Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

Skoda DigiLab, an innovation hub under the Skoda Auto Volkswagen group, has partnered with Microsoft and Lumos Labs to create innovative blockchain-based business solutions. Tackling business challenges with blockchain Through the strategic partnership, Skoda Auto DigiLab India will be the first original equipment manufacturer (OEM) for the Microsoft Century Program, an enterprise blockchain startup platform … Continue reading Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

IOTA Works Towards Chrysalis Upgrade, MIOTA Price Predictions are High

The IOTA 1.5 network upgrade, also known as Chrysalis is quickly approaching, with IOTA’s new wallet, Firefly introduced last week. Phase 1 of Chrysalis was launched earlier this year, in August, reaching one of the many important milestones in the network’s development. Chrysalis is designed as an intermediate step before IOTA transitions into IOTA 2.0, … Continue reading IOTA Works Towards Chrysalis Upgrade, MIOTA Price Predictions are High