Australian Border Force to work with Singapore on blockchain-based cross-border trade

The Australian Border Force (ABF) has launched a trial with Singapore Customs to use blockchain technology for enabling simpler cross-border trade.

The project, alongside Singapore Infocomm Media Development Authority (IMDA), will use blockchain to test digital verification systems.

As regular readers of this publication will know, the Australian government has put an extensive roadmap in place to explore how the country can capitalise on blockchain technologies. The...

World Economic Forum muses on blockchain for ‘unique’ Covid-19 vaccine distribution challenge

The past couple of weeks have seen plenty of good news in the shape of a potential Covid-19 vaccine, from Pfizer, to Moderna, to Oxford/AstraZeneca. But efficacy updates are only the first hurdle to clear. Production, distribution and rollout - particularly noting the first two and its requirement for cold storage - remain key issues.

The World Economic Forum's (WEF) blockchain division has previously explored how distributed ledger technology could be key to an 'equitable'...

Bayer explores agricultural blockchain network with BlockApps

Enterprise blockchain platform provider BlockApps has launched the TraceHarvest Network in collaboration with pharmaceutical giant Bayer.

The initiative is claimed to be the first blockchain solution of its kind to track and trace the full lifecycle of agricultural products beginning with the seed source. Other solutions are available, about which this publication has reported, including Cargill and Agrocorp's test to procure wheat cross-continent on a blockchain platform, yet...

MIT paper says blockchain may ‘introduce additional problems’ for voting systems

A scathing report from researchers at the Massachusetts Institute of Technology (MIT) has noted moving from internet voting to blockchain-based voting may be 'going from bad to worse.'

The paper was authored by Neha Narula, director of MIT's digital currency initiative (DCI), Sunoo Park, Ronald L. Rivest, one of the creators of RSA encryption, and Michael Specter. The authors argued studies were 'inconclusive' with regard to online voting, potentially even increasing...

Datarella and Fetch.ai Munich smart city parking trial to utilise blockchain and AI technologies

Datarella, a provider of distributed ledger and blockchain technology, and artificial intelligence (AI) startup Fetch.ai are working on a smart city trial for parking in Munich.

The project, called M-ZONE, will be launched at the Connex business estate. Assuming a 10% reduction in car usage in Munich alone, the companies forecast the project could reduce annual CO2 emissions by 34,000 tonnes each year.

There are several factors at play in this project. Through what are...

Binance analysis: Bitcoin strengthens as DeFi fades – but great potential for Ethereum 2.0

Bitcoin had its strongest month since April as a surge in Ethereum followed an announcement on its ETH 2.0 upgrade - but the DeFi party 'ends abruptly.'

Those are the key takeaways from Binance's October trading report - the first of which was at the start of this year - which looks to assess the key information and data on trading activity across crypto-futures markets.

In October, Binance noted, Bitcoin gained more than 27%, crossing above the $14,000 mark for the...

Verizon to use blockchain in its newsroom for comms verification

Verizon has announced the launch of a blockchain-based product which aims to provide an authoritative record of changes to company news releases.

Full Transparency by Verizon is a proof of concept built with open source blockchain technology. The product is put together in partnership with AdLedger, a consortium which explores standards for blockchain and cryptography in media and advertising, authentication infrastructure provider MadNetwork, and marketing company...

AP News publishes US presidential election results on blockchain for first time

As votes continue to be counted for the US presidential election - and some parties fear voting fraud - the Associated Press (AP) news agency has been publishing the results on blockchain for the first time.

The publisher is distributing race calls to Wiki-based online encyclopedia Everipedia, which has been using the EOS blockchain to generate edits and store information. Everipedia also looks to use an incentive system by providing editors with cryptocurrency.

In a...

Enterprise blockchain bytes: R3 and IBM collaboration and Calastone acquisition

Blockchain technologies for the enterprise continue to see various updates. IBM and R3 have announced a collaboration to bring the latter's enterprise blockchain platform to IBM, while the acquisition by The Carlyle Group of a majority stake in Calastone has put a focus on its distributed market infrastructure (DMI).

R3 has announced a new open beta program to bring Corda Enterprise to IBM LinuxONE, delivered via IBM Cloud Hyper Protect Services, with general availability expected...

JP Morgan rebrands blockchain payment network and adds new features

JP Morgan has announced the launch of Liink, a rebadging of its blockchain-based Interbank Information Network (IIN), alongside new applications around payment information validation.

Liink, originally launched in 2017, is aimed at utilising blockchain technology to alleviate delays in cross-border payments. The company says more than 400 financial institutions have signed up to participate, as well as more than half of the world's top 50 banks across 78 countries.

The...