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Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.

UPS and HerdX Deliver Blockchain Verified Beef

UPS and HerdX Deliver Blockchain Verified Beef

With the successful shipment and verification of beef products within Texas, HerdX and UPS are setting a pace in the use of blockchain for global supply chain

IOTA Looks into “Data Sharding” to Increase Storage on Tangle in Progress for Nectar

IOTA Looks into “Data Sharding” to Increase Storage on Tangle in Progress for Nectar

IOTA recently published a December update, announcing its progress for its remaining elements for the delivery of IOTA 2.0, Nectar.

Major US Hospitals Test Blockchain Platform to Streamline Operations

Major US Hospitals Test Blockchain Platform to Streamline Operations

University Hospitals, an American doctors’ network and medical delivery organization has partnered with Axuall, a verification company, to explore blockchain technology in an extensive, nation-wide, medical-related project. As Crains Cleveland reported, the effort will research blockchain technology and its deployment in mechanisms affecting timely healthcare delivery to patients, specifically the creation of workflows and dispatch times. The joint project hopes to reduce the time it takes to connect qualified medical personnel with the growing demand from patients.

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.

IBM Eyes Blockchain and IoT Solution to Eradicate Drone Theft

IBM Eyes Blockchain and IoT Solution to Eradicate Drone Theft

Companies, such as FedEx, DHL, and Amazon, are developing drones that can deliver packages to clients’ doorsteps. This is a novel undertaking, but IBM is looking at the bigger picture, whereby these drones might steal the packages instead of delivering them.

Will Blockchain Make Shipping more Efficient in the Future?

Will Blockchain Make Shipping more Efficient in the Future?

Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.

Amazon Launches Virtual Clinic Called Amazon Care

Amazon Launches Virtual Clinic Called Amazon Care

Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians have been arrested in Chiang Mai, Thailand, and charged with illegally running a business that encourages Chinese nationals to invest in Bitcoin without a valid license.

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare.

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain

MUFG (Mitsubishi UFJ Financial Group), one of Japan’s biggest banking institutions, has announced the establishment of an ST (Security Token) Research Consortium intended at protecting investors’ rights, as well as offering fund settlement and seamless automatic securities settlement via blockchain.

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