Search Results for: BMW

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?

BMW Uses Coinweb And BNB Chain For Loyalty Program

The German automobile company BMW intends to use blockchain technology into its day-to-day business operations and develop a blockchain-based customer loyalty program for BMW’s clients in Thailand.Coinweb, a blockchain infrastructure startup, has been hired by the well-known vehicle manufacturer to serve as its decentralized architecture supplier, and BNB Chain will be used for settling transactions.Two … Continue reading BMW Uses Coinweb And BNB Chain For Loyalty Program

Citi, IBM, Ubisoft Join Singaporean Blockchain Accelerator

This article was contributed by our content partner, Nexchange. Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, has added another batch of big names to its corporate partners list.  According to the Straits Times, IBM, Citibank, and Ubisoft have all joined Tribe as corporate partners for the second edition of its four-month program. The three giants, Tribe … Continue reading Citi, IBM, Ubisoft Join Singaporean Blockchain Accelerator

Fintech in Belt and Road – the Bavarian Benefits

Belt and Road Initiative—Germany In May 2019, the Munich-based German think tank—Ifo Institute published a study highlighting that the China-proposed Belt and Road Initiative (BRI) can help Bavarian companies enter new markets and ease access to raw materials. The study indicates that through the BRI, trade between Germany’s Bavaria and China is expected to increase by nearly ten … Continue reading Fintech in Belt and Road – the Bavarian Benefits

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around … Continue reading Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

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

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist … Continue reading Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018.  The Financial Blockchain Shenzhen Consortium … Continue reading China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer

Fortune Business Insights reported that the cryptocurrency market will hit $1.75 billion by 2027 from $754 million previously recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. According to the announcement shared with Blockchain.News, this growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast. CBDCs … Continue reading Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer

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

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