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Libra Association Appoints Steering Team to Oversee Its Cryptocurrency Network Development

Libra Association Appoints Steering Team to Oversee Its Cryptocurrency Network Development

The Libra Association has appointed a five-member technical steering team to oversee the ongoing development of the Libra project. Late last year, Libra made some important changes, including forming new firms and updating its mission to emphasize on payments instead of currency.

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

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