Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication. The phone, called “Galaxy A Quantum”, has a quantum random number generation chipset developed in partnership with Samsung Electronics. The phone’s initial price is 649,000 Korean won, or $527.54 USD, according to the announcement on May 14. Blockchain-powered features incorporated The company stated that the blockchain-powered system is utilized when users pay for goods and services at offline merchants with the SK Pay. Blockchain is also used to help prevent…
Tag: BlockchainPowered
International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status
International Chamber of Commerce (ICC) has partnered with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status. People to get back on their feet By availing a tamper-proof COVID-19 compliance status, ICC AOKpass intends to enable businesses, workers, and consumers to swiftly and safely resume economic activities. It will ensure privacy by empowering users to have full control of their medical information securely…
The US Dept. of Transportation Is Investigating Blockchain-Powered Delivery Drones
The U.S. Department of Transportation recently publicized its effort to further harness blockchain in the world of drones. “Blockchain technology is being looked on to deliver a framework that can be used by stakeholders in the commercial drone industry,” the government agency said in an April 15 report, noting benefits in areas such as security, ID management, conflict management, flight authorization and air traffic management. Drones have vast potential The U.S. Department of Transportation listed a number of use cases for drones, also known as unmanned aircraft systems, or UASs. From…
Leading AdTech Firms Pilot World’s First Blockchain-Powered Digital Out-of-Home Advertising Campaign for Food Delivery Giant foodpanda
Sharing is caring! Aqilliz, a blockchain solutions provider is partnering with Moving Walls, a global advertising technology company, to facilitate the world’s first blockchain-powered Digital Out-of-Home (DOOH) advertising pilot for global mobile food delivery giant, for Foodpanda, who works with 27,095 restaurants in 193 cities and over 15,733 delivery riders in 12 countries. Hasnain Babrawala, APAC Head of Marketing, Offline Channels, for Foodpanda emphasised the brand’s commitment to accountable media spends: “As we rapidly expand across key global markets, OOH has been a major channel we leverage to consistently stay…
Blockchain-Powered App Helps Mongolian Herders Trace Cashmere
Toronto-based startup Convergence.tech has successfully concluded a blockchain-based pilot to help Mongolian nomadic herders track and certify sustainable cashmere. The supply chain project, which was conducted with the United Nations Development Program (UNDP), is powered by Convergence.tech’s Ethereum-based traceability platform, Backbone. Convergence.tech chose to focus on cashmere herders for its pilot, as many of these individuals face harsh working conditions and income instability. Moreover, the fashion supply chain lacks transparency, making it difficult for consumers to understand where cashmere products originate. Convergence.tech CEO, Chami Akmeemana, told betakit: “The nomadic community is…
Measure Protocol Backed with £2m in New Funding for Blockchain-Powered Person-Based Data Marketplace
Blockchain-fueled data marketplace Measure Protocol has received £2 million in additional funding led by Dynata and Blockchain Valley Ventures (BVV), with Medicys Limited also joining the round. Owen Hanks, CEO of Measure Protocol said: “The new investment is a clear illustration that the industry is starting to pay attention to consumers’ needs, both from a practical and ethical standpoint. The super-power of blockchain is its ability to build trust in a marketplace, and provide a foundation upon which to meet the consumer’s needs for privacy and transparency – whether they are aware of the…
Semiconductor Giant AMD Cuts Marketing Deal with Blockchain Games Distribution Platform Ultra to Push Next-generation Blockchain-powered Gaming
AMD, the global leader in the GPU market and world’s second-largest supplier of x86-based microprocessors and Intel rival has cut a deal with a wee Estonian startup called Ultra as a part of its ongoing mission to democratize the games industry for developers and players. “AMD is excited about the use of blockchain technology for games publishing, licensing and rights management,” said Joerg Roskowetz, Head of Blockchain Technology, AMD. “AMD and Ultra are working together to make next-generation, community-centric game publishing a reality, transforming the way games are purchased, shared…
Numerous Japanese Banks Join JPMorgan’s Blockchain-Powered Network
JPMorgan Chase, one of the largest global banking corporations based in the United States, has reached worldwide influence with its blockchain-powered Interbank Information Network, a service that allows banks to share information fast and easily. The Director of Financial Sales Corporation Daizaburo Arai, based in the Tokyo branch of the company, said that the service is functional in Europe, the US and Asia across multitudinous financial institutions as Japanese banks have started showing a growing interest in participating in the network. Japan, although not yet a participant, will begin operations…
Mastercard to Pilot Blockchain-Powered Food System with Topco’s Food City
In partnership with Envisible and Topco, the global payment giant Mastercard is ready to revolutionize our food systems by shining more light into a rather opaque industry with a new blockchain network. Deborah Barta, Mastercard’s senior vice president of innovation and startup engagement, commented about the new initiative: “The identity of things is becoming even more important as consumers raise demands for transparency. Our provenance solution leverages Mastercard’s established network capabilities, globally-scaled technology, and services, such as payments and counterfeit programs. This allows us to deliver trust, financial inclusion and…
Two Oregon Counties to Enable Blockchain-Powered Mobile Voting
Jackson and Umatilla Counties from the state of Oregon become the latest to join the fleet to incorporate mobile-based voting powered by blockchain technology and will launch the mobile voting pilot in November. Tusk Philanthropies (TP), an entity that works with state legislative campaigns to advance mobile voting and anti-hunger programs across the US, joins hands with Jackson and Umatilla Counties to carry out the operation. Several U.S. states have already adopted several blockchain initiatives and implemented it in various government departments to bring transparent and efficient digital transformation. With…