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Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

Alibaba Unveils Its First Home-Grown AI Chip

Alibaba Unveils Its First Home-Grown AI Chip

Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project

Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.

Ontology to Digitize Grocery Shopping Through Blocery DApp

Ontology to Digitize Grocery Shopping Through Blocery DApp

Ontology (ONT), a high-performance public blockchain project and distributed trust framework, has revealed its teaming up with Blocery, a high-end grocery pre-purchase/ agricultural products purchase e-commerce platform, for a premium dApp.

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.

Amazon and Tech Mahindra to Create Blockchain-Based PPE Supply Chain Solutions

Amazon and Tech Mahindra to Create Blockchain-Based PPE Supply Chain Solutions

Indian based technology company Tech Mahindra announced today that it has partnered with U.S based e-commerce giant Amazon Web Services (AWS) to deploy blockchain solutions using Amazon’s managed blockchain.

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

Ant Group, formerly known as Ant Financial, the payments arm of Chinese e-commerce giant Alibaba, has launched a new blockchain solution, AntChain. Ant Group has signed an agreement with Dell, Hewlett-Packard, and Lenovo to enable accessibility of IT leasing services for small to medium enterprises (SMEs) through the AntChain blockchain solution.

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap

It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.

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