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Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial, the parent company of AliPay, has launched OpenChain, a new blockchain platform that gives developers and small and micro enterprises (SMEs) the power to leverage the Chinese blockchain giant’s proprietary blockchain consortium and efficiently and cost effectively deploy smart contracts and create decentralized apps (DApps).

India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through its shipping and invoicing business.

Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030

Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030

Blockchain technology in the healthcare market is expected to reach an annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR).

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.

How Can Blockchain in IoT Market Grow 180 times by 2026?

How Can Blockchain in IoT Market Grow 180 times by 2026?

Internet of Things (IoT) is now influencing our day-to-day lives. Today, blockchain has emerged as the probable solution for creating more secure IoT systems. With delegation in place, computation and storage needs can be spread across millions of IoT devices. Thus, the use of blockchain in IoT is benefiting the IoT devices to proficiently scale up. Also, assimilating the blockchain in IoT devices can cut the costs of managing and installing servers for an IoT network.

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network. Other projects have also been prioritizing EVM compatibility, including Astar Network's smart contracts and Polygon's zkEVM.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure

DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure

DTCC announces its strategic acquisition of digital asset infrastructure specialist, Securrency. This move will bolster DTCC's digital asset offerings and streamline the integration of blockchain technology.

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction the company behind the ParallelChain™ blockchain has launched its utility token XPLL, giving investors the opportunity to stock up during its pre-sales stages

Hedera (HBAR) and Algorand (ALGO) Form DeRec Alliance for Decentralized Recovery

Hedera (HBAR) and Algorand (ALGO) Form DeRec Alliance for Decentralized Recovery

Hedera and Algorand ecosystems have united to form the DeRec Alliance, introducing a new standard for simplified and secure digital asset recovery, aiming to revolutionize the Web3 experience.

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.

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