Home » Industry » Blockchain Platforms

Blockchain Platforms

Cognizant Teams with 14 Insurers on Blockchain Data-Sharing Platform

The objectives of the collaboration are lower cost and higher security in sharing cross-company data Cognizant has teamed up with 14 Indian insurance firms on the development of a blockchain solution for cross-company data sharing. The IT multinational said in a statement on Monday that the platform was designed to allow firms to securely share data with lower risk of ... Read More »

Dun & Bradstreet Eyes Blockchain, Machine Learning Projects

Jessica Davis, Senior Editor of Information Week has recently interviewed Salem Khan, D&B’s Global Leader of Data Innovation concerning Dun & Bradstreet’s move into Blockchain and machine learning.  Dun & Bradstreet has been providing information to subscribers and customers for 177 years. Now it is exploring Blockchain and machine learning to improve its offerings. You wouldn’t normally think of a ... Read More »

Blockchain Startup Proxeus and IBM Use Blockchain to Legally Register a Swiss Business

Proxeus uses their blockchain workflow framework to expedite the Swiss business registry process – taking only 1 hour and 37 minutes from start to finish During the DigitalSwitzerland challenge held this week, Proxeus, along with IBM and other partners, have stepped up to the challenge presented to them by drastically reducing the time needed to register a business in Switzerland, ... Read More »

Blockchain: Global Supply Chain Consortium Seeks to Eliminate Data Exchanges – Finds Huge Savings

Participants see big potential in eliminating data exchanges in favor of real-time viewing. A test of blockchain technology conducted by several international corporations and a European customs organization indicates the technology can save global transport and logistics companies hundreds of millions of dollars a year by sharing and distributing relevant shipping data among participants, rather than by the traditional practice ... Read More »

Blockchain Initiatives in Thailand

14 Thai Banks Back Blockchain Platform to Digitize Contracts Fourteen Thai banks have joined forces to create the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain platform, Thailand’s central bank announced on Monday.  The country’s top banks – Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornbank – will all participate in the ... Read More »

Blockchain Patent for Transparent Credit Scores

The Royal Bank of Canada (RBC), reportedly the country’s largest bank, filed a patent for a credit score platform using Blockchain technology this past fall, according to the patent application from the US Patent and Trademark Office released March 15. The patent describes a Blockchain-based credit score platform where “credit records are recorded using blocks linked by identification data. The ... Read More »

IBM Says 400 Projects On Its Blockchain Platform

IBM told investors that it currently serves over 63 customers across financial services, supply chains, Internet of Things, risk management, digital rights management and healthcare, who are running 400 projects on its blockchain platform. The customers include 25 global trading companies, 14 food companies and retailers, 14 global payments, and finance companies. Some of them are Maersk, Dupont, Walmart, Nestle, ... Read More »

Ripple and Saudi Arabian Monetary Authority (SAMA) Offer Pilot Program for Saudi Banks

The Saudi Arabian Monetary Authority (SAMA) — the central bank for the Kingdom of Saudi Arabia (KSA) — has signed an agreement with Ripple to help banks in the KSA improve their payments infrastructure using xCurrent.  This ground-breaking pilot program is the first of its kind to be launched by a central bank. Participating banks from the KSA will use xCurrent to instantly settle ... Read More »

Bermuda Could Launch a Blockchain Land Registry

Bermuda plans to migrate its property deeds system to the blockchain, its premier stated at the World Economic Forum.  The country was aiming to shift away from its “old school” system of recording deed information. The Royal Gazette quoted Burt as saying:  “Bermuda has an old school deeds-based property system. What we are going to do is transfer our registry to the blockchain. ... Read More »

Baidu Launches Blockchain as a Service (BaaS) Platform

Based on technology developed by Baidu, the open platform sets out to provide the most “user-friendly” blockchain service. According to the firm’s dedicated website, “Baidu Trust” allows the conducting and tracing of transactions, and can be applied in various use cases, including digital currency, digital billing, bank credit management, insurance management financial auditing, and more. Baidu says the technology has already been ... Read More »

Blockchain Consortium in Credit Cards Formed By SBI Ripple Asia

SBI Ripple Asia has formed a consortium with some Japanese credit card companies to utilize blockchain technology. Called the Credit Card Industry Consortium, the group will be formally established in January. Formed in 2016, SBI Ripple Asia is the Asia-Pacific partnership of Japanese financial services company SBI Holdings and FinTech payments firm Ripple. It manages a consortium of more than 60 ... Read More »

Blockchain-based Solution to Assist in KYC Dilligence: Bankchain

Indian banks ready to launch first blockchain-based solution to map corporate borrowers  A blockchain-based solution designed to help Indian banks and non-banking financial companies do their know your customer diligence of corporate borrowers, evaluate corporate lending risk, and manage vendors is ready to be deployed by the year-end. The solution has been developed by Bankchain, a 30-member consortium led by the ... Read More »

Microlending Startups Look to Blockchain for Loans

A new of wave startups believe blockchain can help microfinance deliver on lofty promises. Billed as a silver bullet that could lift the poor out of poverty since the mid-2000s, microfinance, or the use of small loans to boost the unbanked, has failed to take off for various reasons – namely, a lack of transparency and the existence of middlemen that blockchain ... Read More »