Is Blockchain Just Hot Air? New Study Finds Zero Percent Success Rate

A new study into 43 blockchain solutions implemented in the international development sector revealed a zero percent success rate. It also found that blockchain vendors didn’t respond to requests for evidence of their solutions’ results. Blockchain Still Has Much to Prove A team from the US Agency for International Development (USAID) examined 43 implementations of…

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Korean Firm Aims to Make Blockchain Faster

Advertisement According to local news outlet Joongnag Daily, a blockchain company based in Korea believes that it has found what it takes to revolutionize blockchain technology and bring even quicker pace to the way that transactions are being carried out. SymVerse, a blockchain firm that was established earlier this year, hosted an event and held a…

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Austrian Blockchain Center for Multidisciplinary Research Established in Vienna

The COMET Centers, which are coordinated by the Austrian Research Promotion Agency (FFG), have approved the Austrian Blockchain Center (ABC) in Vienna, according to a Nov. 29 press release. ABC involves 21 scientific institutions, 54 companies, 17 associated participants, and 16 international institutions and companies. According to the release, the research center will be multidisciplinary…

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Introducing WAY2BIT and the Bora Blockchain Ecosystem

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service…

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Microsoft Japan Partners With Startup to Increase Domestic Blockchain Uptake

The Japanese arm of computer giant Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the technology, Cointelegraph Japan reported Nov. 30. LayerX, which formed in August as a joint venture from news curation app Gunosy and advisory service AnyPay, oversees blockchain integration for enterprise, including areas such as smart contracts and…

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BP And Shell’s Blockchain-Based Oil Trading Platform Goes Live

Advertisement Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here.A blockchain-based trading platform that could assist oil majors and trading firms to drastically reduce costs is now operational. Known as Vakt, the platform which was created last year by a…

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First Blockchain Association in Mexico Established

The first blockchain association in Mexico has formed, its founding members including industry players like blockchain software firm ConsenSys, Forbes Mexico reported Nov. 28. The Blockchain Association of Mexico was established companies Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys and Exponent Capital. The organization’s objective is to educate citizens in the technology’s deployment and its…

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TRON Announces $100 Million Blockchain Gaming Fund

Decentralized internet protocol TRON announced its plans to launch a blockchain gaming fund dubbed TRON Arcade in a press release shared with Cointelegraph Nov. 29. TRON Arcade, which the company says is designed to “empower developers,” will see investment totalling a giant $100 million over the next three years. The move is another long-term commitment…

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UAE Presents Blockchain and AI Initiatives Following Annual Government Meeting

The Second United Arab Emirates (UAE) Government Annual Meetings concluded with the introduction of two initiatives pertaining to blockchain and artificial intelligence (AI), the Emirates News Agency reported Nov. 28. At the meeting hosted by the governmental AI and Blockchain Joint Working Group, participants addressed strategies to attract foreign investment and create necessary technological infrastructure,…

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Swiss Electronics Supplier SIRIN Labs to Ship Its First Blockchain-Based Smartphone

Blockchain-focused electronics supplier SIRIN Labs will ship its first blockchain-based smartphone tomorrow, Nov. 29, U.S.-based IT and business tech magazine Computerworld reports today, Nov. 28. Following a funding round that raised $157 million in an Initial Coin Offering (ICO) for a blockchain-powered phone in December 2017, the Swiss-based firm announced this summer that they will…

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South Korean Government to Test Blockchain Use for E-Voting System

The South Korean government is considering using blockchain technology for an electronic voting system, business technology news website ZDNet reports Nov. 28. The Ministry of Science and ICT and the National Election Commission (NEC) plan to jointly test the implementation of blockchain technology within the online voting system. The trial period has been scheduled for…

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Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030

The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030. “Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and challenges that must be…

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Report: Blockchain Market to Be Worth over $28 Billion by 2025

A report into the projected growth of the current blockchain market by Meticulous Research has produced some incredibly bullish forecasts for the industry. By 2025, it’s expected to have grown at a compound annual growth rate (CAGR) of 74.1%, reaching $28 billion.Future Looks Bright for Blockchain TechnologyIn a report published today, Meticulous Research has stated…

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4 Blockchain-Based Projects Which Solve Real-World Issues

From autonomous robots to wealth management: here are four promising startups at the end of 2018. ICO projects with no real use are just not attractive to investors anymore. According to ICODATA $150 million were raised through the month of October 2018 in token sales. That’s a substantial decline from the $1.5 billion raised in…

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Ten Blockchain, Fintech Firms Launch Association to Make ‘Code of Conduct’ for Crypto

Ten financial and tech firms have established an Association for Digital Asset Markets (ADAM) to create a “code of conduct” for the cryptocurrency sector. The launch was announced in a press release published Nov. 27. Among ADAM’s founding members are Mike Novogratz’s crypto merchant bank Galaxy Digital, global financial services firm BTIG, fintech firm Paxos…

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