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EMT Pilots Facial Recognition and Blockchain Ticketing Project in Madrid

EMT Pilots Facial Recognition and Blockchain Ticketing Project in Madrid

EMT, a public transportation firm in Madrid wants to use blockchain for its ticketing pilot project.

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability

Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.

Estonia's Central Bank Launches Research Project into CBDC

Estonia's Central Bank Launches Research Project into CBDC

Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project

Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project

The central bank of Lithuania has chosen IBM, a technology titan, and Tieto, a leading Nordic software and services company, as the finalists in its blockchain-powered LBChain project. The winner will be announced as the year ends.

Sky, O2, And Unilever Enter Blockchain Project for Digital Advertising Transparency

Sky, O2, And Unilever Enter Blockchain Project for Digital Advertising Transparency

Advertisers across the industry are looking for ways to increase transparency in their digital campaigns. Blockchain appears to be a potential solution in this respect. Recently, Sky, O2, and Unilever have joined a blockchain pilot designed to boost digital advertising transparency.

EY-Led Consortium Submits Bid To Help Develop South Korea's CBDC

EY-Led Consortium Submits Bid To Help Develop South Korea's CBDC

A consortium led by Ernst & Young has made the first and only bid to construct the business model for the Bank of Korea’s Central Bank Digital Currency project.

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.

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