The traditional Saturday review of the recent initiatives of the blockchain such scope as the supply chain, protection and communication, Finance and trade, and among companies that are exploring the possibilities of new technology, we will note H&M, Accenture and the oil industry giants BP and Shell.
IBM and Telefónica use the blockchain to manage traffic international mobile calls
Where: Spain
In what area: telecommunications
Goal: ensure the reliability and transparency of registration information from different networks when routing international calls, tracking the reliability of international calls and related data, identifying fraud schemes, dispute resolution
Who is involved: IBM, Telefónica
Technology used: IBM Blockchain Platform on the basis of the framework Hyperledger Fabric
Estimated date of implementation: unknown
Link: press release
The government of Austria supported the blockchain the initiative in the fight against cancer
Where: Austria
In what field: medicine
Goal: opening a research lab in Graz, the implementation of technology into the device to diagnose various types of cancer, record results using smart contracts
Who is engaged in: Scientific Lancor, University of Graz
Used technology: Ethereum
Estimated date of implementation: unknown (testing)
Reference: Proactive Investors
Stock exchange of Singapore has tested the use of the blockchain for payments on licenzirovanie assets
Where: Singapore
In what area: Finance
Goal: simultaneous calculations licenzirovanie assets on different blockchain platforms order to enhance operational efficiency and reduce risk
Those involved in: Singapore Exchange Limited (SGX), the Monetary Authority of Singapore (MAS), Anquan, Deloitte, Nasdaq
Used technology: Nasdaq
Estimated date of implementation: unknown (testing)
Reference: Singapore Exchange Limited
The Japanese firm conducted a successful test of the blockchain-insurance in the field of Maritime transport
Where: Japan, globally
In what field: logistics
Purpose: marine cargo insurance, reducing the time insurance payments
Who is: Tokio Marine & Nichido Fire Insurance, NTT DATA
Technology used: unknown
Estimated date of implementation: 2019
Link: press release
The Swiss company conducted a test transaction on the blockchain for the purchase of wheat from the black sea region
Where: globally
In what area: trade
Purpose: purchase of a consignment of wheat from the Novorossiysk port in December
Who is: Transoil International, Solaris Commodities, Cerealia
Technology used: Cerealia
Reference: S&P Global Platts
BP and Shell, in partnership with major banks launch platform Vakt for trading commodity products
Where: globally
In what area: trade
Objective: to optimize processes, converting paper records to smart contracts
Who is: Tokio Marine & Nichido Fire Insurance, NTT DATA
Technology used: unknown
Estimated date of implementation: end of 2018
Reference: S&P Global Platts
Accenture has launched a platform for managing software licenses
Where: globally
In what area: software
Objective: improve tracking of applications, reduce risks of violations of licensing rules
Who is involved: Accenture, Digital Assets
Technology used: DAML (Digital Assets)
Estimated date of implementation: running
Link: press release
H&M is testing the blockchain to track the supply of clothes
Where: United Kingdom
In what area: supply chain
Objective: secure tracking of data about the movement of products
Those involved in: Akert (H&M), VeChain
Technology used: VeChain
Estimated date of implementation: unknown (testing)
Link: The Next Web
shopping in London.. with.. VeChain Real use, real value.. Adoption! @vechainofficial #VET $VET pic.twitter.com/vDVZlOHmFu
— Dimitrios Neocleous (@_DiNeocleous) November 2nd, 2018
In Australia tested a blockchain-application for insurance payments to persons with disabilities
Where: Australia
In what field: insurance
Goal: optimization of the process of insurance payments to persons with disabilities
Who is engaged in: Scientific and industrial research organisation Commonwealth (CSIRO), Commonwealth Bank
Technology used: unknown
Estimated date of implementation: unknown (testing)
Reference: CSIRO
Held the first pilot implementation of blockchain technology in Uzbekistan
Where: Uzbekistan
In any field: medicine, drugs
Goal: protection from data manipulation.
Who does the Foundation support the development of the digital economy the “Digital trust” Blockchain Industrial Alliance
Technology used: unknown
Estimated date of implementation: unknown (testing)
Link: Gazeta.uz
The Bank of Korea began to study the infrastructure for micropayments on the blockchain
Where: South Korea
In what area: Finance
Objective: to determine the effectiveness of the calculations for microtransactions in a distributed network
Who is: the Bank of Korea, Blocko
Technology used: unknown
Estimated date of implementation: unknown (testing)
Reference: Blocko
- Also this week ForkLog reported that:
- The launch of the marketplace blockchain tools from Kaleido with the support of Amazon Web Services
- Raiffeisenbank of Russia and Gazprom established the first international Bank guarantee on the blockchain
- The state Tretyakov gallery launches blockchain project My Tretyakov
- The authorities of West Virginia announced the successful experiment on remote voting using the blockchain app
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