Microsoft and Ethereum Foundation Swell the Hyperledger Ranks Amid Growing Cross-Industry Blockchain Collaboration

Microsoft and Ethereum Foundation Swell the Hyperledger Ranks Amid Growing Cross-Industry Blockchain Collaboration United States tech giant Microsoft and the Ethereum Foundation are among the latest companies to join the ranks of the Hyperledger greenhouse hosted by the Linux Foundation. Many notable names in the tech and wider business fields today are developing enterprise-grade solutions based on the expanding set of tools built…

A Blockchain System for Azerbaijan’s Digital Economy

A Blockchain System for Azerbaijan’s Digital Economy Azerbaijan has been a hotbed for a series of ambitious fintech-related announcements over the past several months, as the nation’s authorities were apparently moving to implement a series of innovative technological solutions in banking and e-government systems. Repeated statements by government representatives suggested that at least part of…

Could Blockchain Prevent the Internet of Vulnerable Things?

Could Blockchain Prevent the Internet of Vulnerable Things? The Internet of Things is coming. Unfortunately, connected devices have a variety of vulnerabilities and almost any smart device is a vulnerable device. Security issues include technical problems (outdated software, insecure data transmissions, etc.) and people problems (simple and default passwords, public Wi-Fi, etc.). As more devices connect to…

Australian Government Publishes Update on Cryptocurrency and ICO Rules

Australian Government Publishes Update on Cryptocurrency and ICO Rules Australian Government Publishes Update on Cryptocurrency and ICO Rules The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency…

Europe’s largest port set to test its blockchain-powered energy

Europe’s largest port set to test its blockchain-powered energy trading platform But it’s not the whole solution Europe’s largest ferry port is readying its blockchain-based energy trading application for deployment. The Port of Rotterdam announced last week that its blockchain-based energy trading platform is “complete in principle” and it will begin testing it in the coming months.…

HSBC leans on blockchain tech to process $250b worth of fx transactions

HSBC leans on blockchain tech to process $250b worth of fx transactions   Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth $250bn. If previous statements are anything to go by, HSBC likely used a permissioned (aka private) blockchain to carry out…