- AT&T has introduced a suite of blockchain solutions to allow enterprises in various industries to track and manage information more efficiently. The solutions include technology from Microsoft and IBM and can benefit users in industries ranging from manufacturing to retail and healthcare.
“Blockchain improves security and enables better management of transactions through complex processes. Utilizing our global network and IoT capabilities, AT&T enhances blockchain by providing edge-to-edge solutions that automate the tracking and that can even monitor the environmental conditions throughout the process,” said Andy Daudelin, vice president, Alliances Business Development, AT&T Business.
- Europe’s first dedicated blockchain research facility and the world’s first advanced blockchain identity laboratory has been launched in the Scottish capital of Edinburgh, thanks to a £600,000 collaboration between Edinburgh Napier University and a Hong Kong-headquartered technology company.The Blockpass Identity Lab will explore ways in which blockchain technology can protect personal data from online scammers and hackers.
JPMorgan’s Ethereum-based Blockchain payments Trial adds 75 banks. With nearly 80 banks, the network is expected to process about 14,500 USD-denominated payments a day.
Mongolia has taken a significant step forward toward bolstering its fintech sector, with the country’s central bank authorizing a local telecom operator Mobicom to issue a digital currency under the country’s recently-passed national payment system bill. Now licensed as a state-approved financial instrument, Mobicom’s virtual currency — dubbed “Candy” — is considered a “non-cash payment instrument” whose value is pegged to Mongolia’s fiat currency, the tugrik.
- The chairman of the Distributed Ledgers and Artificial Intelligence taskforce, Bitange Ndemo has advised the Kenyan government to tokenize its economy in order to deal with the increasing issues of corruption and uncertainty.
“We must begin to tokenize the economy by giving incentives to young people to do things which they are paid through tokens that can be converted to Fiat currency,” Ndemo said.
- The Malaysian government is seeking to explore blockchain solutions in the nation’s three largest industries: renewable energy, palm oil, and Islamic finance.A task force named the Malaysian Industry-Government Group for High Technology (MIGHT) will be spearheading the move to adopt blockchain in each industry in order to increase transparency, sustainability, and logistical efficiency according to a report published last week.
- Opera has added built-in Ethereum support to its desktop app, enabling Web 3.0, an ecosystem that allows users can seamlessly interact with decentralized applications (dApps) and peer-to-peer systems on the blockchain. As mainstream browsers move towards adding support for Ethereum and various blockchain standards, the accessibility and user activity of dApps is expected to increase massively.
Have a nice and productive week everyone! See you next Monday!