How an idea of blockchain for power of attorney turned into a full document management solution

Smart contracts are a key method of digitising supply chains through blockchain technologies - but innovation does not have to stop at a single use case.

One example which has the potential to be transformed through blockchain is power of attorney (POA). It is an idea which has taken shape at certain hackathons, as well as being cited in certain legal blogs. Alongside the process being streamlined, it could also counteract potential issues with fraud.

As a Wikiversity...

Blockchain in healthcare: The applications which are potentially ‘transformational’

Feature From South Korea to the US, governments this year have been trying to develop blockchain-based technologies to track citizens’ vaccination status whilst maintaining a respect for individual privacy. Aside from the controversies of this topic, the situation has thrust blockchain’s potential in the healthcare industry into the limelight moreso than ever before, at a time when the industry faces an increasing number of challenges.

With developed countries spending an...

Weekly NFT roundup April 28-May 4: Collectibles market shrinks as use cases continue to grow

Despite a recent lull in NFT prices and volume of sales, the technology's potential use cases are steadily increasing. This week saw NFTs being considered by eBay as well as promising signs for advanced real-world applications from IoTeX and a Cardano-based partnership.

eBay sees potential for NFTs on its platform

CEO Jamie Iannone has said the eCommerce giant is “exploring opportunities on how we can enable NFTs on eBay in an easy way.”

The announcement...

How blockchain can accelerate the United Nations’ most sustainable development goals

The United Nations (UN) Sustainable Development Goals (SDGs) are becoming increasingly relevant in today’s world. The desire to both do good and do well is driving so many types of organisations and individuals to play their parts. Governments, impact investors, individual donors, high-net-worth philanthropists, foundations, non-profits, social enterprises and even many for-profit corporations have upped their game in improving society and the environment.

It is heartening to...

Singapore fintech STACS secures $3.6m to develop blockchain solutions for financial sector

Singapore-based fintech Hashstacs Pte (STACS) has raised $3.6 million (£2.6m) in pre-series A funding to develop blockchain platforms that can work with financial institutions’ existing infrastructure.

The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups with support from the Singaporean government.

Since being founded in 2019,...

CoinFlip expansion continues into Washington with 13 new crypto ATMs

CoinFlip is continuing its recent growth into the Pacific Northwest of the United States with the launch of 13 new cryptocurrency ATMs in cities such as Seattle, Olympia, and Tacoma.

The recent growth in industry and consumer adoption of cryptocurrency is fuelling this company growth, with CoinFlip also expanding into Missouri earlier this month and having installed 559 ATMs so far this year.

CoinFlip now has almost 2,000 machines across the US in 46 out of 50 states,...

SBI Sumishin Net Bank partners with DLT Labs on supply chain financing network

Japan’s largest digital bank, SBI Sumishin Net Bank (SSNB), have entered into a joint venture with DLT Labs to offer a blockchain-based supply chain financing network across Japan, with wide applications to industrial partners, the banking sector, as well as clients.

The supply chain financing network will be powered by DLT Labs' blockchain development platform and will provide end-to-end supply chain financing designed to integrate with clients’ supply chains.

DLT...

Weekly NFT roundup April 7-13: Christie’s, Triller, and more

NFTs made headlines again this week as the market continues to grow rapidly. Beyond this week, future developments may include Playboy which will soon begin auctioning NFTs on Nifty, luxury fashion brands that are exploring ways to implement 3D clothing in their offerings, and even Tom Brady who is set to launch his very own NFT marketplace.

CryptoPunk NFT artwork expected to sell for millions at upcoming Christie’s auction

A selection of NFTs from the iconic...

MorganFranklin announces partnership with blockchain cybersecurity firm 1Kosmos

Global financial advisory firm MorganFranklin is looking to expand its cybersecurity services through an alliance with 1Kosmos a provider of security technology which leverages blockchain and biometrics authentication.

1Kosmos’ BlockID platform provides digital identity proofing with advanced biometrics and passwordless authentication through a secured private blockchain. The authentication process involves a liveness test and the use of verifiable credentials in digital format....

Russia opens up blockchain database with launch of English language version

The Department of Information Technologies of Moscow has made an English language version of Russia’s blockchain knowledge base available on the ICT.Moscow portal.

Aimed at analysts, smart city experts, and developers of blockchain projects, the database currently presents 52 use cases of blockchain in various industries with the fintech and public sector categories featuring the largest number of applications – 16 and 13 respectively.

New use cases will be added...