Tag: BlockchainBased

US Congress Considers Blockchain-Based Voting Amid COVID-19

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A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic. The report states that blockchain may be deployed alongside end-to-end encrypted, or E2EE, applications to facilitate voting. The memo was composed after the Permanent Subcommittee on Investigations’ Roundtable on Continuity of Senate Operations and Remote Voting in Times of Crisis event.  The discussion came as the Senate prepares to reconvene this week. Senate considers DLT-based voting contingency The document states that Congress’ two…

KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers

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KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.  Propelling trust via blockchain With more than 22,000 outlets spread across the globe, KFC has stamped its authority as one of the biggest fast-food players. It, therefore, wants to boost trust in the advertising supply chain with distributed ledger technology (DLT).  By leveraging on blockchain technology, KFC will add significant power to its…

Block.one Invests $50,000 Into Blockchain-Based COVID-19 Testing App

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Block.one, the company behind EOSIO (EOS), issued a $50,000 grant to Genobank for its open-source app on April 29. The grant is designed to facilitate anonymous access to COVID-19 testing. Genobank announced at the start of April that its app, Agerona, was being developed alongside the Eos-based blockchain platform, Telos. Block.one issued the grant in partnership with its venture capital wing, EOS VC, and German fintech incubator, FinLab EOS VC. Block.one invests in Eos-based COVID-19 testing app Agerona connects users anonymously with test suppliers in their country. Tests contain unique…

Dlive, a Controversial Blockchain-based Live Streaming Platform

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What is Dlive? Dlive (Dlive.tv or Dlive TV) is one of the largest and most controversial blockchain-based live streaming platforms. Dlive is powered by the Lino blockchain, on which you can build your own value-sharing content-based economy and promises that “content creators, viewers, and all other contributors are fully and fairly incentivized.”  Problems with Traditional Streaming Platforms While traditional streaming platforms like YouTube and Vimeo have been popular over the years, content creators have been very public about their frustrations with these platforms and their administrators. These problems include: (1)…

Blockchain-Based ‘Smart’ Warehouse to Improve Customs Clearances

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Bahrain-based tech startup MVC Global and logistics firm Cox Logistics Group will jointly launch a so-called SmartHub logistics warehouse to improve the distribution of pharmaceuticals across the Gulf Cooperation Council. The blockchain logistics warehouse platform will provide built-in Track & Trace and IoT sensors and a smart contracts-based SmartPass feature geared to ensure compliance with customs clearances, Gulf Today reported on April 27. Additionally, users can deploy the platform for supply chain finance and international payments settlements. The developers claim that the SmartHub is able to speed up and improve…

China Launches Blockchain-Based Service Network for Global Commercial Use

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Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use.  Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25 where they announced the public launch of the BSN. The BSN is a global infrastructure to help blockchain projects create and run new blockchain applications for a lower cost. It also aims to accelerate the development of smart cities and the digital economy.  China Mobile, China UnionPay, and Huobi China…

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

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  Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation services.    The new blockchain system integrates data and service provision of different forms of transportation, including trains, buses, taxis, car-sharing, and on-demand rental bikes. This system would allow all types of public transportation options and prices to be made available on one platform instead of using existing specific siloed transportation applications.   The MaaS uses Sony’s newly…

Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades

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Recently, a blockchain-backed cross border platform pilot was implemented in the Chinese city of Qingdao. The companies involved have now made their first trades with partners in North America and Southern Asia. As reported on April 22 by local newspaper, Sina, the companies are praising the pilot program, and claim that the city’s banks will continue to improve the service. Trades made with other countries via blockchain About 37 Qingdao businesses have done business with foreign enterprises through the blockchain platform, located in the United States, Mexico, India, and a…

Power Ledger Rolls Out Blockchain-Based Solar Energy Trading in Western Australia

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As the benchmark oil futures contract in the United States fell into negative territory this week for the first time in history, blockchain devs have been focusing on greener, sustainable energy projects. Australian blockchain firm Power Ledger has just signed a deal with the largest medium-density residential developer in Perth to roll out its blockchain-based solar energy trading platform for local residents over the next three years. On April 22, Power Ledger and developer Nicheliving revealed that the platform will initially roll out in 62 apartments in Nicheliving’s flagship SkyHomes…

South Korean Social Gaming App Launches Blockchain-Based Platform

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The firm behind major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers. The new platform includes a reward-based social media DApp, a matchmaking peer-to-peer gaming platform and a digital item exchange. Vinetree Corporation, the company behind GameTalkTalk, announced the Ludena Protocol on April 20, saying that, in the second quarter of 2020, users worldwide will be able to receive the app’s internal digital assets — know as “stars” — for completing in-game missions and downloading new games. A native token and user data collection…