JP Morgan, Ciena and Toshiba Partner to Establish Quantum Key Distribution Network

To protect the blockchain networks from eavesdropping and quantum computing attacks, JP Morgan Chase, Ciena, and Toshiba have shown the feasibility of a Quantum Key Distribution (QKD) system in groundbreaking research.  In a statement, the research team disclosed that the QKD network can offer speeds of 800 Gbps for mission-critical blockchain applications irrespective of environmental … Continue reading JP Morgan, Ciena and Toshiba Partner to Establish Quantum Key Distribution Network

Blockchain Usage in the Retail Market Expected to Increase 12-Fold, Hitting $2.08B by 2028

Blockchain technology is expected to continue streamlining the retail market, given that its usage is anticipated to increase 12-times to reach $2.082 billion by 2028 from $172.22 million recorded in 2021.  In a new report entitled “Blockchain in Retail Market, 2021-2028,” research and consulting firm Fortune Business Insights speculates that the market will record a … Continue reading Blockchain Usage in the Retail Market Expected to Increase 12-Fold, Hitting $2.08B by 2028

Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain

Airtel, an Indian multinational telecommunications company with operations in eighteen countries, has attained a strategic stake in Blockchain-as-a-Service Company Aqilliz under its start-up accelerator program.  Using a patented hybrid blockchain platform called Atom, Singapore-based Aqilliz combines federated learning and differential privacy on a distributed digital ledger. The acquisition will enable Airtel to deploy blockchain-based solutions … Continue reading Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain

JPMorgan Chase Adopts Blockchain for Collateral Settlement

Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to Bloomberg. JPMorgan Chase used cryptocurrency tokens for collateral in traditional financial asset transactions for the first time on May 20. Two of the bank’s entities … Continue reading JPMorgan Chase Adopts Blockchain for Collateral Settlement

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