• Market Cap: $281b

  • Aug 19, 2019

The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.

Volvo starts using Blockchain to Check Source of Cobalt for Its Electric Vehicle Production

Automaker Volvo Cars, currently owned by the Chinese automotive group Geely, starts using Blockchain to Check Source of Cobalt for Its Electric Vehicle Production

Malta Based Crypto Exchange OKEx releases Data Analysis Platform for Derivatives Trading

OKEx, one of the malta based digital asset exchange releases Data Analysis Platform for Derivatives Trading

South Korea's Shinhan Bank to provide Blockchain-based Stock Lending System

Shinbank Bank, the oldest bank in South Korea to provide Blockchain-based Stock Lending System

Blockchain Analytics Startup Elliptic releases Data Set to detect Crypto Money Laundering

Elliptic has teamed up with researchers from Massachusetts Institute of Technology (MIT) and tech giant IBM and releases Data Set to detect Crypto Money Laundering

Canadian Pacific Railway Teams Up With Blockchain in Transport Alliance

Candian Pacific, Canada’s transcontinental railway, has teamed up with the Blockchain in Transport Alliance (BiTA)

Brazil Citizens are supposed to Report on their Crypto Transactions with the Country's Tax Authority

Starting from August 1 Brazil Citizens required to submit a complete report of their crypto transactions with the country's tax authority, the Department of Federal Revenue (RFB)

Blockchain Insurance Group B3i releases its First R3 Corda-Based Product

B3i, a blockchain consortium startup is working to leverage blockchain technology in the insurance industry, released its first product on R3’s Corda Blockchain

S7 Airlines Processed more than $1 Million in July Sales via Blockchain Payment Platform

S7 Airlines, a member of the leading global aviation alliance Oneworld Processed more than $1 Million in July Sales via Blockchain Payment Platform

Seagate Moves Ahead in its Blockchain Pilot to Track Hard Drives

Seagate, one of the American tech giants, moves ahead in the blockchain project built specially to fight against fake hard drives (HDD)

Samsung Expands its Blockchain Ecosystem by integrating Pundi X Blockchain wallet App in S10

Samsung Blockchain Ecosystem expands by the integration of PundiX Blockchain Wallet App in Galaxy S10