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U.K. Institutions Promote Nuggets Blockchain Project for E-Commerce

by Giulio Prisco

Nuggets, a distributed ledger technology (DLT) startup focused on payment and identity systems, has been endorsed by the United Kingdom’s Department for International Trade, the Mayor of London and the City of London and invited on two major trade visits to China. “As a blockchain start-up, ...

Why Social Media Platforms Should Be Turning to the Blockchain

by Reuben Jackson

While Facebook and Twitter are banning all crypto-related marketing from their platforms, a new breed of blockchain-based social media sites is growing. Amazingly, these platforms are gaining popularity at an explosive rate, with some managing to raise hundreds of millions of dollars for ...

Blockchain Technology’s Growing Role in the Art Industry

by Christopher Tozzi

At first glance, the art industry may not seem like an obvious candidate for disruption via blockchain technology. Much of the industry is not digitized — trade in oil-on-canvas paintings is still a big business — and in some cases the artists have been dead for centuries. They have no say about ...

Fujitsu Planning Comprehensive, Blockchain-Based Security Solutions

by Giulio Prisco

Fujitsu Global, the Japanese informational technology equipment and services giant, announced that it is developing verification and risk assessment technology for Ethereum-based smart contracts. Using “symbolic execution technology,” Fujitsu researchers have demonstrated the ability to identify ...

Securing VR Experiences With Distributed Ledger Technology

by Nikki Brown

We’re only at the tip of the iceberg when it comes to the applications of virtual reality (VR). For one thing, incredible amounts of data must be recorded and tracked to personalize VR experiences. And this need renders data security a major concern. Some players in the VR space are looking to ...

Using Blockchains to Increase Supply Chain Efficiency

by Reuben Jackson

The global supply chain and logistics market surged past $8.1 trillion in 2015 and is set to exceed $15 trillion by 2023, according to a report from Transparency Market Research. Supply chain management, which involves controlling a product’s flow from the sourcing of raw materials to the ...

HLTH Conference Brings Focus to Blockchains in the Healthcare Industry

by Christopher Tozzi

What role will blockchain technology play in the future of healthcare? The upcoming HLTH conference, which aims to bring together healthcare industry representatives with next-generation technology experts, promises to help answer that question. The conference, which takes place in Las Vegas ...

Wireless Carriers Developing Blockchain-Based Identity Management Systems

by Giulio Prisco

There are many authenticated identity systems in use, ranging from official identification systems managed by a government — things like passports and national ID documents — to the informal online identity systems of Google, Microsoft, Facebook and Twitter, which are increasingly used to log in ...

Coca-Cola Partners with U.S. Department of State on Blockchain Project for Labor

by Michael Scott

Forced labor and workers’ rights violations are a pernicious problem worldwide. The 2017 “Global Estimates of Modern Slavery” report shows that an estimated 25 million people are being subjected to forced labor, with the majority of this activity taking place in the Asia-Pacific region. In an ...

The State of Blockchain-Based, Image-Sharing Platforms

by Christopher Tozzi

It can be easy to overlook the importance of online image sharing in an age when other media, like streaming video, is increasingly capturing consumers’ attention. Yet the fact remains that more than 3.5 million digital photos are shared online every minute. Demand for platforms that allow users ...

How Blockchain Technology Can Change Social Networks for the Better

by Reuben Jackson

Most people will spend five years and four months of their lives browsing social networks. That will be more than the time spent eating and drinking, grooming or socializing in the real world in an average lifetime. As such, it’s easy to claim that social networks and social media have truly ...

Sierra Leone Pilots Blockchain-Based Voting for Political Elections

by Giulio Prisco

Although the use of blockchain technology in Sierra Leone’s presidential election earlier this month was initially overblown, the vote did utilize distributed ledger technology in a pilot test for use in a national government vote. According to a statement from the Swiss-based blockchain ...

How to Succeed in the Blockchain Video Streaming Market

by Christopher Tozzi

Video streaming has rapidly become a competitive niche for blockchain companies. From Livepeer to YouNow to the STREAM project and beyond, a number of startups are leveraging blockchain technology and blockchain-based cryptocurrencies in bids to disrupt the likes of Netflix, YouTube and other ...

Swedish Mapping Authority Pioneering Blockchain-Based Real Estate Sales

by Giulio Prisco

The Swedish government agency Lantmäteriet — the national mapping, cadastral and land registration authority — “is likely to become one of the first government agencies to test using blockchain technology for conducting property sales,” The Wall Street Journal reported. The agency has partnered ...

Blockchain Technology and the $2.5 Billion Dating Industry

by Reuben Jackson

One industry that has been as transformed as any other by the advent of the internet has been the dating industry. Before the onset of the World Wide Web, love seekers looking to cast their nets might place personal ads in local dailies. Now, with the internet and, more recently, blockchain ...

Using Blockchains to Transform Video Game Economies

by Christopher Tozzi

In essence, digital currency has existed within the video game industry for years. Traditionally, however, game players have faced strict limitations in their ability to gain real-world value from in-game payments. With the help of blockchain technology, that may be set to change. Startups and ...

What Can Blockchain Technology Mean for Cancer Prediction and Prevention?

by Michael Scott

The pioneering work of Craig Venter, the genetic scientist who founded the Human Genome Project, brought vast awareness to the field of genetic research and its immense potentialities. As a result, a person’s genomic data now holds high market value, particularly as it relates to efforts to ...

Finding Ways to Protect Your Online ID Through Blockchain Innovation

by Reuben Jackson

Identity fraud affects millions of Americans every year. NBC News reports that, according to an analysis run by ID Analytics of 290 million social security numbers, the odds that someone else has used your social security number is one in seven. As financial transactions move online, the need ...

Global Partners Create Healthcare, Cryptographic Mining Project

by Giulio Prisco

Longenesis — a Hong Kong-based operator that targets healthcare applications powered by deep learning, a branch of artificial intelligence (AI) and blockchain technology — announced a partnership with Estonia-based Neuromation to convert cryptographic mining infrastructure into a massive cloud ...

Why Blockchain Technology Is the Answer for Big Data Regulation

by Reuben Jackson

With the upcoming EU regulations on big data in the form of the forthcoming General Data Protection Regulation (GDPR), the way businesses in Europe, Asia, the Middle East, the U.S. and other regions handle client data is about to change. The law, which will take effect on May 28, 2018, requires ...

Building the Blockchain of Genetic Data

by Michael Scott

Blockchain technology’s vast ocean of potential applications has been well documented. Now there is word that these digital ledger applications could help spark new advancements in drug development and genetic privacy while allowing consumers to earn some income in the form of cryptocurrency. ...

IBM and Unilever Join the Blockchain Ad Tech Bandwagon

by Christopher Tozzi

IBM and Unilever are the latest companies investing in blockchain-based digital advertising solutions. They join a blockchain ad tech ecosystem that has already been well established even before these major enterprise players came in. The question is: Can IBM and Unilever use the blockchain to ...

Betting on Blockchain-Enabled Global Mutual Funds Trading

by Giulio Prisco

New research from the global fund transaction network operator Calastone forecasts that more than $2.6 billion worth of potential cost savings for the global mutual funds market could be achieved by moving to a blockchain-enabled distributed market infrastructure. The Calastone press release ...

Marco Polo Group Advances Blockchain-Based Trade Finance Solution

by Christopher Tozzi

Can distributed ledgers be the next big thing in the trade finance industry? A group of major international banks and their partners in the blockchain ecosystem clearly think so, as they begin pilot operations for their Marco Polo trade finance initiative. The State of Trade Finance To ...

What Government and Business Should Learn from DAOs

by Nikki Brown

Decentralized Autonomous Organizations (DAOs) are entities that do not require a centralized system of governance to function, instead relying on their members to run the network. Historically, governments and businesses have not deployed decentralized decision-making for both practical and ...

Distributed: Markets Brings Blockchain Advances to Legacy Financial Institutions

by Peter Chawaga

BTC Media, the owner of Distributed.com, as well as a conference series and other media properties, announced the return of its Distributed: Markets event, a presentation of blockchain use cases and advocacy designed for executives in the financial industry and the digital disruptors who are ...

The Future of Distributed Compliance Management for Healthcare Professionals

by Michael Scott

For licensed medical professionals as well as the health organizations that employ them, the management of compliance records can be a challenging endeavor. This conundrum underscores the need for new advancements in secure storage and document access, which could eliminate paperwork while ...

Industrial Revolution 4.0: Creating Jobs With Decentralized Manufacturing

by Giulio Prisco

Silicon Valley–based SyncFab is on a mission to foster smart reshoring: bringing manufacturing jobs back to the U.S. through decentralized, digitally inspired “smart” manufacturing empowered with blockchain technology. The vision of SyncFab is that of a domestic network of high-tech ...

Blockchain Tech and the Online Search Industry

by Christopher Tozzi

Online search engines exert enormous influence over the way people consume digital content. They connect advertisers to consumers. They help determine which videos users view, songs they download and blogs they read. They shape people’s understanding of the world around them, for better or ...

How Blockchain Technology Is Bringing Gamification to Every Industry

by Reuben Jackson

The gaming industry has plenty to teach other businesses about how to keep customers engaged. The global gamer market is 2.2 billion gamers strong, per a recent study, and was projected to generate more than $100 billion in revenue last year. Video game revenue has even eclipsed other forms of ...

Incentivizing Healthy Behaviors With Blockchain Technology

by Michael Scott

Healthy lifestyles are big these days. The Global Wellness Institute, which studies emerging trends in the field, found that the industry is a $3.7 trillion market worldwide. With this, growing numbers of entrepreneurial businesses that promote incentive-based wellness activities are sprouting ...

Distributed Ledgers Can Streamline Clinical Trials

by Giulio Prisco

In “Re-Engineering Clinical Trials: Best Practices for Streamlining the Development Process,” a 2014 book edited by Peter Schueler and Brendan Buckley, experts describe how the pharmaceutical industry is currently operating under a business model that is not sustainable for the future. As a ...

Can Blockchains Help Solve the Drug and Alcohol Addiction Crisis?

by Michael Scott

Drug and alcohol addictions are a worsening crisis in the U.S. Opioids in particular have garnered major media attention, having been declared a national public health emergency by the Department of Health and Human Services. With these concerns comes word of a novel blockchain-based project ...

Will Blockchain Technology Finally Kill Cable TV?

by Christopher Tozzi

Internet-based video services like Netflix and YouTube have created significant competition for cable TV networks in recent years. Yet they have failed to kill cable entirely and they don’t appear poised to do so anytime soon. Now, a new set of video services that are built on blockchains are ...

VitalHub Brings Blockchain Technology to Mental Health

by Andrew Nelson

VitalHub has spent the beginning of 2018 making a dedicated leap into blockchain technology.The Toronto-based healthcare technology provider announced on January 11, 2018, that it was entering the intersection of healthcare and blockchain technology. Previously, the company was focused solely on ...

With the Blockchain Training Alliance, Every Business Has a Distributed Use Case

by John MacKenna

There is a blockchain use case in virtually every business, and a California-based training company is offering intensive, private training events to help businesses accelerate adoption and seize the lead. Ernesto Lee, CTO and a founding partner of California-based Blockchain Training Alliance, ...

The TSXV Evolves on Mining

by Danny Bradbury

The Toronto Stock Exchange Venture Exchange (TSXV), once a haven for Canada’s many natural resource mining companies, is now becoming a sanctuary for miners of a different kind. The TSXV is a venture capital exchange commonly used by mining exploration outfits to raise funds. Now, cryptocurrency ...

How Distributed Ledgers Are Disrupting HR Technology

by Reuben Jackson

When it comes to enterprise IT discussions, human resources (HR) technology has not gotten the same hype enjoyed by other technologies like blockchain, big data and the Internet of Things. Despite being outside of the spotlight, HR technology has grown and improved steadily over the past year. A ...

How Much Is Blockchain Technology Disrupting the Music Industry?

by Christopher Tozzi

The digital music industry, as it is today, experiences a host of challenges that blockchain technology may has the ability to solve. A number of blockchain startups are already targeting the music industry for disruption, using blockchain technology in various way to alleviate specific problems ...

What Does NASA’s Blockchain Research Mean for Businesses on Earth?

by Giulio Prisco

With distributed ledgers emerging as technological solutions across a wide range of sectors, it’s no surprise that NASA is now considering the applications of blockchain technology.A NASA presentation titled “Bitcoin, Blockchains and Efficient Distributed Spacecraft Mission Control,” noted that ...

Financial Services Companies Are Rushing to Patent Blockchain Solutions

by Danny Bradbury

Financial services companies are beating traditional technology firms in the race to file blockchain-related patents, according to a recent analysis. Envision IP, a boutique law firm specializing in patent valuation, analyzed patent filings in the distributed ledger space in January of 2018 and ...

Power to the People: How Blockchains Can Enable Social Change

by Nikki Brown

The content sharing and communication enabled by tech giants like Facebook, Twitter and Snapchat have empowered world-changing cultural movements including #MeToo, Black Lives Matter and the Arab Spring. Despite these social triumphs, dominant centralized systems sometimes seek to minimize ...

HealthCombix Founder Cyrus Maaghul on Where Blockchains Are Needed in Healthcare

by Michael Scott

Cyrus Maaghul is a lifelong entrepreneur, currently exploring how blockchain, smart contract and decentralized autonomous organization technology can help solve issues within the healthcare industry. He is the founder of HealthCombix — a healthcare-focused, blockchain-based population health ...

IBM and Maersk Join Forces to Develop a Blockchain Solution for Global Shipping

by Giulio Prisco

IBM and the integrated transport and logistics company Maersk, a global leader in container shipping, intend to establish a joint venture to provide efficient and secure solutions for conducting global trade using distributed ledger technology (DLT). The two companies plan to develop a global ...

Qtum’s New Partnership to Launch China’s First Blockchain Hub

by Reuben Jackson

China has a robust cryptocurrency culture, so much so that Emily Parker, reporting for the MIT Technical Review in December 2017, described the country as “The Silicon Valley of the East.” As Bitcoin began emerging from obscurity in 2016, most bitcoin transactions were in China’s native ...

Determining Where Distributed Ledgers Fit With Blockchain U Online

by John MacKenna

“If you think of it the same way you always have thought about business applications, you’ll never get blockchain [technology],” said Paul Tatro, who offers certification training at Blockchain U Online. “You have to start with the core benefits of blockchains, which include capabilities that no ...

Beyond ICOs, Enterprise Investment in Blockchain Media Startups Continues to Grow

by Christopher Tozzi

Blockchain projects in the media space are enjoying increasingly easy access to funding and investment and it’s not just thanks to the rise of initial coin offerings (ICOs). In recent months, enterprises have displayed interest in investing in or collaborating with blockchain-based media ...

Kodak Pivots Toward Blockchain Technology

by Giulio Prisco

On January 9, 2018, Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency that will empower photographers and agencies to take greater control in image rights management. The ...

Blockchain-Powered Health Coin Could Mean Self-Directed Healthcare

by Michael Scott

There has been a great deal of media attention regarding the U.S. healthcare system and its continuing struggles post-Obamacare. Saddled with soaring costs, inconsistencies in medical care and patient access barriers, consumers face major obstacles when seeking quality, affordable health ...