Analysing Bitcoin’s revival: CoinMarketCap notes cautious optimism amid Covid-19 – as halving arrives

The most recent quarter has been turbulent to say the least across all global economies - but while Bitcoin's performance naturally fell, according to CoinMarketCap's most recent analysis, it still outperformed global benchmarks for equities.

In its Q1 assessment of crypto market and user trends, CoinMarketCap argued that, amid the Covid-19 pandemic, crypto markets have 'regained a good portion' of their March losses, but warns there was 'still some way to go' before they fully...

Blockchain, AI, IoT and 5G to add $30bn to Sydney economy in 10 years, says Digital Realty

The combination of artificial intelligence (AI), blockchain, the Internet of Things (IoT), and 5G technologies will contribute more than AU$30 billion to Sydney's economy by 2029 - according to new research from Digital Realty.

As reported by IT Brief Australia, the data centre operator argues that Sydney is leading Australia in digital technology adoption. As of 2019, emerging technologies currently contribute AU$6.66bn to the Sydney economy, with IoT counting for half of that...

Nervos looking to attract dapp developers with CKLabs funding project

Nervos has launched CKLabs, a project which is putting up $100,000 for teams looking to build a killer decentrealised application on its platform.

As announced in a blog post published by the company, Nervos, a competitor of Ethereum, is launching CKLabs as 'the next phase' of the network, expanding its utility with dapps and more sophisticated solutions.

"Nervos was designed to be a sustainable network capable of supporting a growing digital economy," the company wrote....

TIXnGO launches blockchain-based health certificates aiming to help ease lockdowns

Swiss blockchain firm TIXnGO, whose platform has been taken up by various sporting bodies, has announced the launch of a secure health certificate mobile delivery offering.

The solution, called Health n Go, is a repurposing of the existing TIXnGO blockchain-based technology, which aims to enable secure ticket distribution. Health n Go 'is designed to safely deliver digital health certificates from a trusted authority', with a unique, encrypted, traceable identity attached to each...

How Covid-19 is shining a light on supply chain flaws – and why blockchain can help

As the Covid-19 pandemic continues to escalate, many organisations are facing an uncertain future. With various furlough schemes in place around the world protecting businesses for the near-term, there may be a window of opportunity to assess your business proposition, explore future trends, and work out the best path to take once the 'new normal' establishes itself.

"Those kinds of things always require a bit of a step back," Alan Vey, co-founder of blockchain technology startup...

World Economic Forum advocates ‘thoughtful’ blockchain implementation for supply chain post-Covid-19

The World Economic Forum (WEF) has launched a blockchain deployment toolkit aimed at presenting guidelines for implementation best practices - as the body urges that beyond the coronavirus pandemic a 'thoughtful' outlook for the technology is required.

The toolkit is the result of more than a year's work by the WEF, working with more than 100 organisations and 50 countries and looking into 40 blockchain use cases, from provenance and traceability to automation and streamlined...

Northwell Health joins IBM blockchain supplier network – reports

Northwell Health, New York's largest healthcare provider, has joined IBM's Rapid Supplier Connect blockchain network to assist with provisions for the Covid-19 pandemic.

Rapid Supplier Connect, in the words of IBM, is a 'consolidated source for buyers to meet non-traditional suppliers and see their inventory availability.' It provides emergency supplier onboarding and inventory availability, helping cut down procurement time to vet and identity suppliers of medical equipment. The...

Cargill and Agrocorp see success in cross-continent blockchain transaction for wheat

Here's a new interesting blockchain case study featuring the food supply chain. Food and agriculture giant Cargill, alongside agri-commodity trading provider Agrocorp, have announced the completion of a test whereby wheat was procured cross-contintent on a blockchain platform.

The commodity trade transaction, which went from North America to Southeast Asia of a shipment valued at $12 million, was settled on April 1 using Singapore-based DLT ledgers, according to a...

Alibaba offshoot Ant Financial launches SMB blockchain platform following enterprise move

Ant Financial Services, an offshoot of Alibaba, has launched a new blockchain platform for small enterprises and developers.

OpenChain aims to provide developers and organisations access to Ant Financial's proprietary consortium of blockchain technologies, enabling them to deploy smart contracts and decentralised apps with greater efficiency and lower cost.

The product 'features industry-leading blockchain technologies developed by Ant Financial to build trust in...

Libra changes course after regulatory hurdles with more ties to local currencies

Meet the new Libra - not quite the same as the old Libra. The Facebook-backed digital currency initaitive has today launched a redesigned roadmap after encountering blowback from regulators.

The vision for Libra is now to create a more traditional payment system tied to local currencies, including USD, EUR and GBP. The Libra coin (LBR) - therein the original concept of a digital currency backed by assets - remains, but as co-creator David Marcus noted, will be a "smart contract...