Search Results for: Technology

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising. As oil and gas resources play an imperative role in the energy sector, the technologies of the industry have also developed quickly in recent years. It can be seen that the oil and gas industry … Continue reading US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Governments across the world are beginning to explore the potential benefits of integrating blockchain-based applications into the public sector. Blockchain has the ability to record transactions on distributed ledgers. In this way, blockchain, therefore, provides new opportunities for governments to establish trust, prevent fraud, and improve efficiency. Such great benefits attract huge attention of governments … Continue reading Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

According to a report, the Shenzhen Municipal Bureau of Local Financial Supervision said that the Office of the Leading Group for Special Remediation of Internet Finance Risks in Shenzhen has warned about the seeming resurfacing of illegal activities as a result of interest in cryptocurrency, and thus, the office noted that it would begin conducting … Continue reading Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

The need to increase and expand the use cases of blockchain technology and ensure its applicability in different sectors is the impetus behind the recent collaboration of LG’s IT solutions affiliate, LG CNS, and Kakao’s blockchain subsidiary, Ground X. A press release published on Nov. 21, maintained that agreeing to this strategic partnership will enable the … Continue reading LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie

Conscious consumerism is a term continuously making waves because people are becoming more keen on what they consume. For instance, people are concerned about the origin, safety, and nutritional value of what they drink and eat.  As a result, Cermaq, a leading company in the farming of trout and salmon, has teamed up with Labeyrie, … Continue reading IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie

Why is Blockchain Technology Revolutionizing the Banking and Finance Market?

When blockchain technology was innovated a decade ago, it had high prospects of bringing significant revolution into the banking and finance markets, as we glance back at those budding days of blockchain technology and compare the results now. Indeed it has lived up to anticipations and even delivering more than what was expected.   Blockchain technology comes with … Continue reading Why is Blockchain Technology Revolutionizing the Banking and Finance Market?

Government of India to Deploy Blockchain Technology at a National Level

The Indian government has been eyeing blockchain technology since as it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance, securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by … Continue reading Government of India to Deploy Blockchain Technology at a National Level

IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

Blockchain technology is continuously being embraced in different sectors, and traceability has emerged to be one of its fundamental selling points.  Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of … Continue reading IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

Authentication of Medicinal Products Made Possible by Blockchain Technology

Kadena, a blockchain network, has partnered with Rymedi, a healthcare data platform provider, to validate the quality of medicinal products via blockchain.   Through the strategic collaboration, Rymedi will offer its prowess in the healthcare spectrum by capturing, tracking, and sharing data via Kadena’s blockchain technology about medicinal products.  Rymedi’s CEO, David Stefanich, noted: “With their … Continue reading Authentication of Medicinal Products Made Possible by Blockchain Technology

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

At this year’s Asian Financial Forum, held in Hong Kong, former Federal Reserve Chair Janet Yellen was invited to speak at a Luncheon with moderator Norman Chan, the Senior Advisor at the Hong Kong Academy of Finance.  She started off elaborating on her life after working for the Federal Reserve, “Once a central banker, always … Continue reading Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

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