Technologies explored by previous participants have included artificial intelligence, next-generation password authentication, blockchain-powered instant payments, and consumer lending credit verification using big data and social media.
in 22 days
Start Path Global is Mastercard’s worldwide program for innovative later stage startups from across the globe. Since 2014, the Start Path Global have been working with an ever growing portfolio of startups with unique solutions across fintech and commerce. Start Path Global is based on what has worked best for our portfolio of startups: more flexibility, more customization, and no distractions from your current business.
in 5 months
More than 10% of adults in sub-Saharan Africa have a mobile money account, the highest in the world, and it is spreading to West Africa and beyond.
Call for Applications: 2019 GrowthAfrica Business Scaleup Accelerator in Kenya, Uganda, Ethiopia and Zambia
The GrowthAfrica Acceleration Programme is designed to help you scale your venture, make it investment ready and develop your entrepreneurial leadership with the aim of unlocking significant growth in your business.
In response to the Bali Fintech Agenda, the World Bank will focus on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems.
The challenge is to develop scalable, efficient and high-impact decentralised solutions to social innovation challenges leveraging Distributed Ledger Technology (DLTs), such as the one used in blockchains.
in 8 months
The Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA) and Institute of Banking and Finance (IBF) to accelerate the adoption of Artificial Intelligence (AI) in Singapore’s financial sector.
The Holt Accelerator is currently engaged in a global search for the next 400 rising stars in fintech to take part in the program, and it encourages all interested candidates to submit their applications through the Holt Accelerator website by July 29th for a chance to participate.
Ecobank is looking for solutions that improve international trade and eCommerce processes by facilitating KYC and AML requirements. The solutions may reduce document management processes without compromising regulatory requirements, increase ease of payment, provide reduced charges and decrease reliance on FX.
The European Commission unveiled an Action Plan on how to harness the opportunities presented by technology-enabled innovation in FinTech
Today's Action Plan envisages to enable the financial sector to make use of the rapid advances in new technologies, such as blockchain, artificial intelligence and cloud services. At the same time, it seeks to make markets safer and easier to access for new players. This will benefit consumers, investors, banks and new market players alike. In addition, the Commission is proposing a pan-European label for platforms, so that a platform licensed in one country can operate across the EU.
This summit is believed to be the establishment of an international platform for cooperation and communication on the application of blockchain technology, to boost innovation of blockchain technology and its application in different scenarios and promote the blockchain fin-tech in both Southeast Asia and internationally.
Call for Applications: VentureClash 2018 - Digital Health, Fintech, Insurtech and Internet of Things
VentureClash is Connecticut's $5 millionglobal venture challenge for early-stage digital health, financial technology, insurance technology and Internet of Things companies.
To date, there are well over 1000 cryptocurrencies in the market attempting to change every industry from bananas to finance. However, a few coins have consistently been on top in a race to be named the world’s number one cryptocurrency.
The use of advanced technologies - which include cloud, platforms, Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), Blockchain, and application programming interfaces (APIs) - impact operations of companies and customer experience.
"Fintech" is at the confluence of various digital technologies, financial areas and the entrepreneurial landscape, with many startups and scaleups proposing disrupting services. The challenge is to increase the role Europe play in Fintech so that EU startups can better scale-up across Europe and at global level. Facilitating the interactions between innovators, supervisors and regulators is particularly relevant in this context.
This potential disruption is forecast to make the grid more reliable and efficient, reduce utilities' capital expenditure on renewable energy generation, and allow consumers to participate in peer-to-peer (P2P) trading.
The cryptocurrency world is evolving at a speed that leaves many newcomers lost in a haze of uncertainty. The following graphic will help dispell some of the most popular myths and help get you on track to a better and more complete understanding.
The Fintech industry in the Asia-Pacific region is expected to grow at a CAGR of 72.5% from 2015 to 2020, reaching US$72 billion. The positive outlook is fuelled by growth in digital payments such as increasing adoption of cashless payments by small and medium sized enterprises.
The SIA Group’s KrisFlyer frequent-flyer programme is to launch a world-first blockchain-based airline loyalty digital wallet capability that will help unlock the value of KrisFlyer miles to enable everyday spending at retail partners.
The Blockchain Observatory and Forum will highlight key developments of the blockchain technology, promote European actors and reinforce European engagement with multiple stakeholders involved in blockchain activities.
Call for Applications: Mobility Startup Accelerator Program for startups in Fintech, IoT, Insurtech and Mobility areas
Plug and Play Japan K.K (Tokyo, Japan) is announcing Mobility as a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor Co., Ltd. as a leading partner. From February 1st, startups from around the globe can apply for this Batch 1 program in Japan.
The UNICEF Innovation Fund is looking to make $50-90K equity-free investments to provide early stage (seed) finance to for-profit technology start-ups that have the potential to benefit humanity.
Internet of Things (IoT) technologies and applications are bringing fundamental changes to all sectors of activity and are therefore an essential element of the Next Generation Internet. The challenge is to leverage EU technological strength to develop the next generation of IoT devices and systems that build on enhanced sensing/actuating, reasoning capabilities and computational power to the edges, but also new capabilities on the backend, such as artificial intelligence, deep semantic interoperability and novel contractual arrangements like Blockchains.
Bitcoin’s price has increase more than 12-fold in the past four years, and the combined market of crypto-assets is now valued at more than $500 billion. Such valuations have caused many to think that the market is overheated.
Louis Dreyfus Company, ING, Societe Generale and ABN Amro complete the first agricultural commodity trade through blockchain
The enhanced Easy Trading Connect (ETC) blockchain prototype reduces time spent on processing documents and data from hours to minutes, and allows for a larger trading scope.
Orange Digital Investment launches a new investment initiative of 50 million euros devoted to start-ups in Africa
With Orange Digital Ventures Africa, the Group is acquiring an investment vehicle dedicated to innovative early stage African projects in the fields of new connectivity, fintech, the Internet of Things, energy and e-health. The objective is to target start-ups offering answers to the fundamental challenges of Africa while leveraging the operator's strengths on the continent.
Cryptocurrency, Cannabis, Virtual Reality and Alternative Travel Businesses among Hottest New Industries for Startups this year
Cryptocurrency, cannabis, VR and "alternative travel:" these are among the hottest emerging industries for startup entrepreneurs in 2018, according to data culled from online graphic design marketplace 99designs released this week.
Deep in China's Sichuan mountains, miners are chipping away at complex mathematical puzzles in hopes of unlocking one of today's most prized assets, bitcoin. Currently, more than 60 percent of all bitcoin is mined in China, and these miners have picked their location wisely. The remote Sichuan mountains enjoy a cool year-round temperature and cheap electricity provided by small-scale hydro-electric facilities, averaging from $0.05 to $0.08-cents per kWh.
Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains
Maersk, a global leader in container logistics, and IBM, a leading provider of blockchain, supply chain visibility and interoperability solutions for the enterprise, will use blockchain technology to power the new platform, as well as employ other cloud-based open source technologies including artificial intelligence (AI), IoT and analytics, delivered via IBM Services, in order to help companies move and track goods digitally across international borders.
Cryptocurrency ICOs are now being produced in a conveyor belt fashion, as shown by our ICO countdown, there are many going on at any one time. They are also beginning to spread to countries all over the world, originally in the US, lots of countries have begun to jump on the initial coin offering list.
Domestic and foreign companies will be able to develop and test one of the most prospective FinTech innovations, blockchain-based solutions, in the regulatory and technological sandbox platform-service codenamed LBChain to be created by the Bank of Lithuania.
World Tokenomic Forum, the leading international organization enabling public-private cooperation, multi-chain interoperability, and innovation will begin accepting applications to compete in its Sandcastle Startups Challenge from around the globe today on its website.
Zebi’s solution aims to secure high value and sensitive data elements such as land registry, employee and salary records, pension payments, education and other qualification documents and certificates. It offers an array of products for data security that eliminates all the ambiguity associated with fake transaction, fake documents as block chain based records are time stamped and any alteration made to it are also securely recorded.
Bottos will take Blockchain technology to the next level by applying it to AI and big data field.
This paper takes a first pass at assessing feasible areas of practical implementation for DLTs mainly in the context of development finance. It takes a closer look at five use cases, digital identity, trade finance, project aid monitoring, smart energy, and supply chain management, to assess their implementation limits and potential.
For the logistics sector, blockchain is less threatening than it is attractive: A transport chain could be documented without any gaps and the genuineness of the shipped object could be guaranteed.
The four companies will work together to create a standards-based method of collecting data about the origin, safety and authenticity of food, using blockchain technology to provide real-time traceability throughout the supply chain. This will encourage accountability and give suppliers, regulators and consumers greater insight and transparency into how food is handled, from the farm to consumers.
BriefTrace Selected by Mentfield to Deliver Blockchain-first Pharmaceutical Supply Chain Monitoring Solution
BriefTrace, provider of blockchain-first IoT infrastructure, announced the company’s blockchain gateway technology has been integrated into Mentfield’s pharmaceutical supply chain solution.
flydubai Cargo and dnata, in collaboration with Emirates Innovation Lab and IBM jointly developed a logistics platform in which blockchain infrastructure was implemented for supply chain transactions from a purchase order from the origin to delivery to the Consignee warehouse at its destination.
Italtel introduces Open Innovation Program with focus on the Internet of Things (IoT), Blockchain and Cybersecurity Technologies
Italtel has launched an Open Innovation program, which will see it collaborate with start-ups and new businesses to leverage emerging technologies for applications such as Industry 4.0, Smart Cities and Digital Healthcare.
This paper introduces an independent, crowd-validated, online shipment tracking framework that complements current enterprise-based SC management solutions. The proposed framework consists of a set of private distributed ledgers and a single blockchain public ledger.
2 billion USD of Capital available for FinTech start-ups through Singapore FinTech Festival 2017's Investor Summit
The Investor Summit was the finale of the four-month long matchmaking programme to provide opportunities for FinTech start-ups to access funding from local and global investors. More than 1,000 FinTech start-ups and 400 investors indicated interest to participate in the process and 525 connections were made among interested parties.
New Mexico Community College Becomes First Community College to Issue Student-Owned Digital Diplomas through Blockchain
By issuing digital credentials that can be securely and easily accessed on a smartphone or the internet, select CNM graduates will be able to independently manage their own, hard-earned education records and securely share them with employers or other schools for the rest of their lives.
AiX blends cutting-edge Artificial Intelligence with Blockchain technology to make Trading cheaper, faster, and more trustworthy
AiX today announces the first artificial intelligence broker to bridge the worlds of cryptocurrencies and traditional financial markets. AiX will use a chatbot to disrupt the traditional brokerage model, executing trades on behalf of traders and reducing commissions by up to 95%. It will use machine learning technology to automatically discover the best deals for traders, heralding a new age of democratised financial systems.
Krungsri and IBM announced the successful development of the blockchain-based pilot project to streamline the Bank’s contract management process across its offerings. The blockchain-based digitized paperwork process has made information secured, transaction transparent, with increased operation efficiency and reduction of operation duration.
The first pilot project in Europe using decentralized networked home energy storage systems and blockchain technology to stabilize the power grid formally kicked off. Transmission system operator TenneT has been sucessfully using those home energy storage systems for redispatch.
This report seeks to provide greater clarity to decision makers in government and industry on what digitalization means for energy, shining a light on its enormous potential and most pressing challenges. It also lays out no-regret recommendations to help steer the world towards a more secure, sustainable and smarter energy future.
Selected from a pool of over 900 applicants, these start-ups specialize in digital solutions for the African market, including fin-tech, transportation, health care, education, human resources, and B2B. All companies provide a digital product or service currently available in one or more African markets and show potential to scale across the region.
New Venture to Create a Blockchain-based Digital Platform that Intends to Modernise and Transform Energy Commodities Trading
The platform is expected to be operational by the end of 2018 and follows the ING-led blockchain initiative, Easy Trading Connect aimed at the larger commodity trade finance area. In addition, ING is a member of the R3 consortium, a group of banks exploring viable blockchain use cases in other areas.
Currently, according to data, more than 20 countries around the world are investing in blockchain technology, and more than 90 central banks have joined the blockchain discussion. Over the past three years, venture investors poured more than $1.4 billion into the blockchain sector, which created more than 2,500 patents related to blockchain.
La Caisse and Desjardins Group announce the creation of an Investment Fund dedicated to FinTech and to Artificial Intelligence applied to Finance
La Caisse de dépôt et placement du Québec (la Caisse) and Desjardins Group announce the creation of an investment fund dedicated solely to the financial technology (FinTech) sector and to artificial intelligence applied to finance. Established in Montréal, this venture capital fund's purpose is to support the growth and development of new FinTech companies in Québec and Canada.
This is particularly true in Southeast Asia and China where economic growth is particularly dynamic and future competitiveness can no longer exclusively be based on lower costs. The use of digital technologies to streamline supply chain financing is therefore an important topic not only for companies of all sizes but also for governments in the region.
Full service Asian infrastructure financing hub. The Singapore financial ecosystem is working with multilateral development banks to fundamentally improve the bankability of Asian infrastructure projects. The differentiating strategy is to crowd in private capital through innovative market mechanisms and infrastructure investment benchmarks.
To introduce blockchain technologies, including their benefits, pitfalls, and the latest applications, to the biomedical and health care domains.
ING announced the formation of a EUR 300 million venture capital fund to invest in financial technology (fintech) start-ups. But as new CEO of ING Ventures Benoît Legrand explains, it needs to come with a new mind-set.
The proposed model is a distributed cloud architecture based on blockchain technology, which provides low-cost, secure, and on-demand access to the most competitive computing infrastructures in an IoT network. By creating a distributed cloud infrastructure, the proposed model enables cost-effective high-performance computing.
THEKEY Project has been officially founded recently by global top-tier big data experts organized by a Singapore Foundation. It's developing a second-generation identity verification (IDV) solution for the internet via BDMI technology. BDMI stands for "Blockchain based Dynamic Multi-Dimension Identification" technology. It can create a vivid and holographic digital identity online, which will be "the key" to migrate people from the real world to the online world.
Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers. Mastercard’s blockchain solution provides a new way for consumers, businesses and banks to transact and is key to the company’s strategy to provide payment solutions that meet every need of financial institutions and their end-customers.
Alibaba Group announced the launch of an innovative global research program, “Alibaba DAMO Academy (“Academy”),” which is designed to increase technological collaboration worldwide, advance the development of cutting-edge technology and strive to make the world more inclusive by narrowing the technology gap. With the setup of the Academy, the company expects to invest more than US$15billion in research and development over the next three years.
The Dubai IoT Strategy seeks to build the world’s most advanced Internet of Things (IoT) ecosystem in the world’s smartest city to improve people’s lives. The strategy aims to protect Dubai’s digital wealth, encourage government departments to join the emirate’s smart transformation, and achieve the objectives of the Smart Dubai Plan 2021 to transition to a 100% paperless government.
The FinTech Innovation Lab New York, a 12-week program co-founded by Accenture and the Partnership Fund for New York City, has launched an insurance technology, or “InsurTech,” track as the demand for innovation among insurers and the number of entrepreneurs developing new solutions for the sector rises sharply.
Tokyo Metropolitan Government Invites Applications for Accelerator Program: Blockchain Business Camp Tokyo
TMG will hold the "Blockchain Business Camp Tokyo" accelerator program for foreign companies that possess advanced blockchain technology in such areas as transactions, securities, IoT, supply chains and the sharing economy. The TMG aims for this intensive three-month program to generate groundbreaking innovation.
Bill & Melinda Gates Foundation Releases Open-Source Software to Support Efforts that Expand Access to Financial Services in Developing Countries
The Bill & Melinda Gates Foundation released a new open-source software for creating payment platforms that will help unbanked people around the world access digital financial services. The software is designed to provide a reference model for payment interoperability between banks and other providers across a country’s economy. It is available now, free-of-cost, for software developers to adapt and banks, financial service providers and companies to implement.
IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
The Gladius Network, a Decentralized Blockchain-driven Platform designed to Protect Against DDoS attacks
The Gladius Network is a decentralized, blockchain-driven platform designed to protect against DDoS (distributed denial of service) attacks. Gladius' platform allows users to rent out spare bandwidth to help fight cyber crime.
Winding Tree is building the first public blockchain-based marketplace for travel content aiming to make travel cheaper for travelers and more profitable for providers.
Shanghai-based start-up Energo Labs is combining blockchain technology with microgrids to decentralize energy production and consumption, which can help rural electrification as well as grid resilience. Decentralized ecosystems also minimize the problems caused by large infrastructure, while allowing users to choose where their energy comes from.
With a combined total worth over US$30bn, six technology merger and acquisitions have been shortlisted for the Technology M&A Deal of the Year 2017 Award, which will be presented to technology companies or investors, and their banking advisers at the TMT M&A Awards 2017 Awards Dinner, in London on November 29.
The Car Dossier is implemented on the basis of a blockchain with a community approach in combination with smart contracts. This technology was chosen because it is able to establish the necessary trust among the different stakeholders through transparency, immutability and decentralized operation. The processing and administration of all information in the dossier is carried out in compliance with data protection regulations and other regulatory requirements.
The first three strategic technology trends explore how artificial intelligence(AI) and machine learning are seeping into virtually everything and represent a major battleground for technology providers over the next five years.
Gemalto and Ledger Join Forces to Provide Security Infrastructure for Cryptocurrency Based Activities
The solution also builds in the ability to execute blockchain-based smart contracts, which are self-enforcing, self-executing digitally signed contracts. Compared with traditionally brokered transactions, a secure blockchain application for cryptocurrency trading simplifies a financial organization's portfolio and contract management process by reducing costs and saving time.
The application of Big data analytics in financial services is advanced and pervasive. The changes in the banking and financial services industry in the coming years will be seismic. As an example, global banks are setting up innovation centers and specialized teams to focus on blockchain, heralded as a disruptive force that offers multiple opportunities such as overhauling existing banking infrastructure, speeding up settlements and streamlining stock exchanges.
Singapore MAS and ABS Lead Consortium to Harness Blockchain Technology for More Efficient Inter-bank Payments
The project, conducted together with 11 financial institutions and five technology companies, is the Phase 2 of Project Ubin, which explores the use of Distributed Ledger Technology (DLT), commonly known as blockchain technology, for clearing and settlement of payments and securities.
Science Blockchain Incubator to partner with TaaS Fund To Co-Invest In Promising Applications of Blockchain Technology
Science Blockchain, an incubator focused on sponsoring and growing leading companies in the blockchain space that recently launched its ICO, today announced a strategic partnership with Token-as-a-Service (TaaS) Fund, the first-ever tokenized, closed-end fund dedicated to crypto-assets. The primary goal of the partnership is to reduce the risks and technical barriers of investing in the blockchain space.
The visualization capabilities of RippleNami's platform play a central role in resource management and other planning disciplines undertaken by the government and citizens of Sierra Leone. These proprietary capabilities integrate blockchain transactions with other big data sources to help users detect patterns, identify trends and analyze gaps in ways that lead to better decisions in shorter timeframes.
By 2021, early adopter brands that redesign their websites to support visual- and voice-search will increase digital commerce revenue by 30 percent.
Designed for the media and value-added content industry, the goal of the Bloomen project is to extend the use of the Blockchain technology to several different kinds of online user transactions and to provide an innovative way for content creation, sharing, personalized consumption, monetization and copyrighting.
This paper explores whether blockchain technology is a suitable platform for the preservation of digital signatures and key pairs (public and private keys). Conventional infrastructures use digital certificates, issued by certification authorities, to declare the authentication of key pairs and digital signatures.
The Bundesbank's experts investigate whether DLT, which was originally developed for the Bitcoin virtual currency, offers any potential for the financial sector. Their analysis focuses chiefly on what DLT might mean for payments and securities settlement.
The DigitalTown single-sign-on SmartWallet provides every registered citizen with a free verified login with which they can securely connect and transact both locally and globally across both public and private services - everything from local shopping, booking a table at a restaurant or signing up for parks and recreation. Community members and businesses can also securely transmit funds in real-time without fees using their SmartWallets.
This paper explains the main features of and motivation for the “report once” demonstrator1 shown at the 2017 Data For Policy conference. It shows how Ethereum smart contracts, based on the semantics and algorithmic representations defined in ACTUS can implement “digital doppelgängers” of financial contracts.
Blockchain technology works, plainly and simply, even in its bitcoin incarnation. A cryptographic blockchain could be used to digitally sign sensitive information, and decentralize trust; along with being used to develop smart contracts and escrow services, tokenization, authentication, and much more. Blockchain technology has countless potential applications, but that’s the problem – the potential has yet to be realized.
We argue that a public program such as the U.S. Medicaid program with $553 Billion in total program costs and over $25 Billion spent on health information technology and administration last fiscal year could benefit from the use of blockchain based distributed ledger and smart contracts.
JBA will provide its Collaborative Blockchain Platform to its member banks and other institutions as a testbed environment for applications employing blockchain technology, such as for settlement and funds transfer services, and identity and time-of-transaction authentication. JBA will support efforts toward practical implementation of these applications.
When a user sends a document created on a laptop or a PC via the BitVault® as an attachment, these documents are transferred over a private blockchain separate from the BitVault® communication environment. Both the sender and receiver will need to download an application on their respective computers to send or receive documents. Keys to open these documents will be securely transmitted from BitVault® to BitVault®. In this way, outside documents can never enter the BitVault® communication environment keeping it safe from malware.
ZF, UBS and IBM to develop Open Automotive Transaction Platform for Mobility Services based on Blockchain Technology
Car eWallet is an innovative, digital assistant in the car that allows secure and convenient payments even on the go. Moreover, it can also perform other tasks, like opening the trunk or doors. The Car eWallet is based on the IBM Blockchain technology, which makes it possible to synchronize the information of each participant in the network in a reliable and unchangeable data record.
Nextech, an Australian Company, has created a project called ClearPoll. It is a system that allows users from all over the globe to browse for opinion polls on topics they care about most, vote on the polls and then view detailed results. The difference? Blockchain technology is used to securely store the votes and results, so no individual or corporation can tamper with or censor them.
The platform uses state-of-the-art distributed ledger technology to enable secure, confidential and efficient transactions in a blockchain network. The short term focus of the platform is on handling reinsurance contracts.
WISeKey and the Government of Andhra Pradesh, India announce collaboration to bring Security to BlockChain and Fintech Projects
The WISeKey Platform can be used to enhance the security of Citizens’ Identity, position citizens at the center of gravity of Government services using the WISeKey PKI based Blockchain technology as the solution to secure government-recorded data.
Survey respondents believe that fintech and digitization can be a solution to a lack of MSME finance, although awareness and usage of this technology has to be improved. And while fintech is reducing the cost of delivering finance to companies, there is no evidence it is reducing market gaps.
The global blockchain platform connects clients, brokers, insurers and third parties to distributed common ledgers that capture data about identities, risk and exposures, and integrates this information with insurance contracts. The platform’s capabilities include the ability to create and maintain asset data from multiple parties; to link data to policy contracts; to receive and act upon information that results in a pricing or a business process change; to connect client assets, transactions and payments; and to capture and validate up-to-date first notification or loss data.
At dawn of the Industry4.0 era, edge computing architectures for industrial automation provide compelling advantages for real-time actuation & control, as well as for data analytics close to the field. In this article, we introduce the FAR-EDGE project, a first of a kind research initiave that specifies and implements a novel, standards-based platform for factory automation, which combines the merits of edge computing with the scalability, reliability and security of blockchain technologies.
Blockchain-friendly startup Cajutel to Provide 100% Solar Powered High-Speed Internet in Guinea-Bissau
Cajutel has decided to adopt the cryptocurrency market as a modern way to raise the much-needed investment for its ambitious project. In the process, the company has created the first ever solar DAO in Africa.
During the three-month accelerator program, startups will have the opportunity to meet and create business opportunities with top tier Japanese corporations, investors and mentors. Plug and Play Japan will function to lessen the gap between key decision makers in Japan and the global startup community.
Fast food giant Burger King Russia are announcing their new blockchain loyalty program, hosted on the Waves platform. Whoppercoin, named after the outlet’s flagship Whopper Sandwich burger, will be used to reward customers for their purchases, and can be used to buy burgers in return when enough have been accrued.
IoT's Potential Tranformation of Financial Services Market Attracts Investments from Fintech and InsurTech Companies
IoT's disruptive role in helping companies better understand customers and provide the right products in a timely manner has begun to attract substantial investments from the Fintech and InsurTech segments.
EY announced the launch of Tesseract, an integrated mobility platform underpinned by blockchain technology. The platform facilitates fractional vehicle ownership, shared use and seamless multimodal transport and it will help lay the groundwork for how autonomous vehicle fleets can be owned in the future and provide access to a variety of on-demand mobility options.
The ethereum network will be used to build a decentralized app for backing and storing the information in its blockchain network. Any changes made in this network are secured on a shared ledger by strong cryptography and need to be agreed by the majority.
This project is one of the first implementations of blockchain technology to capture real tomatoes and its associated growing data to build an open and transparent supply chain with farmers, retailers, food service, buyers and end consumers
IBM Announces Blockchain Collaboration with Major Retailers and Food Companies to Address Food Safety Worldwide
Together they will help identify and prioritize new areas where blockchain can benefit food ecosystems and inform new IBM solutions. This work will draw on multiple IBM pilots and production networks in related areas that successfully demonstrate ways in which blockchain can positively impact global food traceability.
The globalization of the pharmaceutical supply chain has introduced new challenges, chief among them, fighting the international criminal trade in fake medicines. As the manufacture, supply, and distribution of drugs becomes more complex, so does the need for innovative technology-based solutions to protect patients globally.
We present the results of our eighth annual horizon scan of emerging issues likely to affect global biological diversity, the environment, and conservation efforts in the future. The potential effects of these novel issues might not yet be fully recognized or understood by the global conservation community, and the issues can be regarded as both opportunities and risks.
We present the concept of leveraging Blockchain technology, for the management and security of information related to the Internet Of Things. Here, we put forth a model for the intercommunication of smart devices, their identity management and information security, with Blockchain posing as the backbone.
Microsoft announces Open Source Coco Framework to improve Performance, Confidentiality and Governance characteristics of Enterprise Blockchain Networks
The Coco Framework reduces this complexity, and when integrated with blockchain networks addresses critical needs for commercial adoption like high-transaction speed, distributed governance and confidentiality.
Pervasive Decentralisation of Digital Infrastructures: A Framework for Blockchain enabled System and Use Case Analysis
One of the most discussed and allegedly disruptive innovations is the distributed database technology referred to as blockchain. Although it is still in its technological infancy, experimental adoption and customization seem to be in full progress in various potential fields of application ranging from decentralized grids for computation and storage to global financial services.
Aeron’s solution relies on blockchain technology to track aircraft maintenance and pilot logs. Aeron is constructing a database and an online system that is decentralized, hosting global data on aircraft, flight schools and pilots. This electronic logging system would enable pilots to have logs that can be verified online, making aviation safer for everyone involved.
MATRIX Chain Seeking to Define Blockchain 3.0 by Incorporating Blockchain and Artificial Intelligence
MATRIX, which has incorporated AI-based algorithm, is able to solve many non-linear and more complicated problems, largely lowering the problem in its application and thus significantly improving the range of blockchain technology applications.
The Aigang Network's blockchain protocol provides next-generation digital insurance for Internet-of-Things (IoT) devices using Decentralized Autonomous Organization (DAO) and smart contracts.
Blockchain technology allows for public verification of information in the food chain. Shoppers and diners will be able to scan QR codes on Grass Roots products to learn where the meat came from and how the animals were raised. The "digital history" of the meat will also include stories of the people, from farmer to butcher, who contributed in crafting the final product.
Sabre’s Newest Technology Forecast evaluates how Tech Trends like Blockchain, Neural Interfaces and Space Tourism are Reshaping the Travel Landscape
Sabre Corporation has released its latest technology forecast, Sabre Labs’ 2017 Radar Report. The report evaluates nine key technologies with an outsized impact on the travel landscape, looking at what’s happening today and what to expect for tomorrow.
Groupe Média TFO launches the development of a Blockchain prototype to transform the Management of Digital Cultural Products
The "Blockchain TFO" project targets the entirety of players from the digital cultural products industry, especially those working on movies, TV shows and digital content. The decentralized technology to be developed will be the solution to various needs that Groupe Média TFO has identified internally and in the industry as a whole.
Distributed Sky project uses blockchain technology to deliver a framework that can be used by all stakeholders on the commercial drone market. The team used open-source projects in blockchain and drone space to create a framework that suits best for a global air traffic control system.
This paper reviewed blockchain-based concepts associated with ICT-based technology. Moreover, a model ICT e-agriculture system with a blockchain infrastructure is proposed for use at the local and regional scale.
Fujitsu announced the Development of Technology that Accelerates Transaction Processing for Hyperledger Fabric Blockchain
Fujitsu Laboratories has developed technology to speed up transaction processing by making the processing of communications between applications and the blockchain platform, which had been the source of bottlenecks, more efficient. In a trial where this technology was implemented in Hyperledger Fabric v0.6.1(1), it increased transaction performance by approximately 2.7 times compared to the previous method.
Toda-Algorand platform, The First Decentralized Dual-Protocol Ledger And Ledgerless Blockchain Scalable
The Toda-Algorand breakthrough will provide online transaction systems without infrastructure investments and without transaction fees. The platform will support real-time transactions and linear scalability on legerless transactions. The efficiency and scalability of this platform is due to its core decentralized and distributed architecture. No miners, no databases, no server, therefore no leakage of cost outside of actually running the system itself.
Startup that is capable of delivering for a budget that is relatively limited (possibly in the range of some thousands of euros) a digital model of production lines and/or factories.
This thesis points to the importance of considering the trilemma, stating that blockchain can be two of three things; scalable, decentralised, secure. Further, Greenspan’s criteria are applied in order to recognise the value of blockchain. These criteria together with the trilemma and understanding blockchain’s placement in the hype cycle, are of value when implementing blockchain.
IrisGuard is revolutionizing the refugee experience by incorporating a biometrics payment system into UN camps, through it’s latest version of the EyePay® system for trusted payments for both banks and blockchain channels, transforming how cash and food humanitarian assistance are delivered to vulnerable refugees.
KASIKORNBANK (KBank) has developed its Letter of Guarantee service in the LG market worth THB 1.35 trillion (40.37 billion USD) with introduction of the world's first blockchain-based Letters of Guarantee. Time- and cost-cutting features, plus ultimate security, of this new service will assist the business sector to advance more swiftly. Four state enterprises and private businesses have participated in the development of this innovation, which is aimed at an increase in L/G issuance via electronic channel to 35 percent at the end of next year.
Kickstart Accelerator announces its shortlist of 30 startups in FinTech, Food, Smart Cities and Robotics & Intelligent Systems
The selected startups work on a variety of innovative ideas, with aspirations to either disrupt traditional industries or capitalise on new technologies. In the Smart Cities vertical, for example, there is a lot of interest around tracking and controlling pollution and two of the selected startups, uHoo and Hawa Dawa, are working on products that help to measure air pollution both outdoors and indoors as well.
Dubai is calling on the world’s most innovative companies to help find solutions to key strategic challenges as registration opens for the third cycle of Dubai Future Accelerators, the world’s fastest growing business accelerators programme, which is run by Dubai Future Foundation.
London Stock Exchange Group collaborating with IBM to develop securities data blockchain solution for European SMEs
The blockchain solution for unlisted SMEs in Europe is designed to replace the paper trading certificates that are commonly issued to private companies today. With a more digitized, streamlined and transparent process enabled by the blockchain solution, various parties, including issuers, regulators and investors, will have increased insight into company information.
The Global Agricultural Exchange or GAEX Pronounced guy-ex, is a startup innovative commodity trading platform that looks to harness the power of Blockchain technology. Working out of Abidjan and New York City, the fintech platform will focus on providing liquidity to farmers and to commodity buyers around the globe by providing an easy, transparent, digital solution to transact.
WISeKey Unveils its New Citizen Digital Identity Platform to Bring Innovation and Security to Smart Cities across the Globe
WISeKey’s identity management and innovative cybersecurity solution for IOT will provide smart cities with a scalable, easily manageable object identity management and security solution when connecting to Microsoft Azure and other Microsoft-based platforms. The Managed WISeKey Root of Trust (RoT) serves as a common trust anchor, which is recognized by operating systems (OS) and applications to ensure the authenticity, confidentiality and integrity of on-line transactions.
British Blockchain Tech Startup Provenance Aims to Make the Food and Drinks Industry Transparent by 2025
Provenance was one of the early leaders to track products along a supply chain on the blockchain, an exciting new technology bringing a new layer of trust to the web. The company aims to use its funding for setting a new standard for consumer trust in the food sector by implementing its blockchain-backed solution with over 1000 food and drinks businesses by 2025.
The convergence of Blockchain and IoT, combined with Big Data Analytics, is proving to be a viable solution to many challenges such as the authentication and authorization of IoT edge devices. As a result, this will help secure mesh networks and eliminate the need for central brokers.
LiquidShare is a dynamic and innovative company which core objective is to improve SME’s access to capital markets, improving the transparency and security of post-trading operations using blockchain. With the financial support of its shareholders, the company aims to develop and operate a post-trading infrastructure that will serve these companies specifically. Eventually, the solution aims to reduce transaction costs.
Commerzbank and Fraunhofer IML begin joint Research Project on Digitisation of Trade Finance based on Distributed Ledger and Blockchain technologies
Blockchain or distributed ledger technologies build a decentralised database for the so called Internet-of-Things applications (IoT) and Smart Contracts (automated processing of business cases). They constitute the basis for new trade ecosystems, new supply chain finance concepts, faster transaction processing and new solutions in working capital management.
The platform is being developed to enable asset managers to sell funds through a new distribution channel, while significantly reducing administration costs and the time to process transactions for both asset managers and other asset servicers. FundsDLT will streamline a range of fund administration and order-routing tasks by using blockchain to automate several processes in a secure manner. The model is applicable to a wide range of funds and does not depend on the jurisdiction.
In the next five to 10 years, a blockchain ecosystem with healthcare-focused use cases involving health data exchanges, smart assets management, insurance and payment solutions, blockchain platform providers, and consortiums will emerge.
The Impact and Potential of the Collaborative Internet and Additive Manufacturing on the Future Economy
The research study comprised of four phases: desk research, a workshop, a mini-foresight exercise and interviews with industrialists and academics. The data collected were analysed and a number of positive and negative policy options were identified.
Daimler as well as LBBW want to thoroughly test the potential of blockchain early on and gather know-how for the creation of new business models. Moreover, Daimler implements an open-source culture, actively shapes the future of the »Internet of Values«, and gains access to talented individuals and innovations as an active partner in the global technology and startup environment.
Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to Small and Medium Enterprises
The Digital Trade Chain solution will run in the IBM Cloud and is designed to connect the parties involved in a trade transaction, both online and via mobile devices. It is designed to simplify trade finance processes by addressing the challenge of managing, tracking and securing domestic and international trade transactions.
One application of the Blockchain Insights Platform would be that advertisers and programmers could match data sets more effectively to build and execute media plans based on custom audience segments and more precisely and efficiently target across a nationwide footprint of pay-TV customers and streaming device users. Concurrently, programmers would be able to offer improved targeting precision across screens, increasing the value and quantity of monetized inventory.
This will mean passengers arriving in Dubai Airport will be able to step off their flight and walk straight to baggage reclaim via biometric verification whilst they walk - allowing them to be registered into the country using a pre-approved and entirely digitised passport. Seamless entry at international airports has been an idea for many years, but it is the advent of the identity trust framework provided by blockchain technology which means for the first tim