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...

30 October 2020 | Banking

Lisa Butters, GM, GoDirect Trade: How Honeywell is banking on blockchain for aerospace

It may be a surprise to learn - given the data-driven world in which we now live - how much the aerospace industry doesn't know about its planes. Much of the information around a plane's history and condition are on multiple systems, including paper-based ones, making transparency and traceability difficult.

A PwC report outlines the rationale. "The data showing a plane's history and condition are spread across up to 40 systems, in the hands of multiple parties who may be...

19 October 2020 | Enterprise

PwC: Blockchain technologies could boost global economy to tune of $1.7 trillion by 2030

A new analysis from PwC estimates blockchain technologies could spark a $1.7 trillion boost in the global economy by 2030 - with the UK set to benefit to the tune of £57 billion ($72bn).

The findings come from a report which is part of a series exploring the economic impact and use cases for emerging technologies. PwC said its analysis 'showed the potential for blockchain to support organisations in how they rebuild and reconfigure their operations', particularly in the...

13 October 2020 | Banking

KPMG reveals idea for blockchain tool to help measure greenhouse gas emissions

KPMG has announced the launch of a blockchain-based offering intended to help organisations more accurately measure and offset greenhouse gas emissions.

The patent-pending capability, known as Climate Accounting Infrastructure (CAI), will integrate a company's existing systems, including IoT sensors, with external data sources to establish a verifiable data trial of emissions recorded on blockchain.

The professional services firm is working with a variety of partners to...

9 October 2020 | Energy

Software AG gives blockchain a mixed rating in enterprise emerging technology assessment

Blockchain should still be in the 'assess' phase for enterprises with many parts of the technology 'considerably overhyped', according to Software AG.

The German enterprise software firm, in its most recent Technology Radar for IoT and Integration, explored 23 emerging technologies, around connectivity and protocols, information management, analytics and serving, and programming, hosting and operating.

Of the 23, nine were either in or bordering the 'adopt' phase,...

25 September 2020 | Blockchain

Visa joins Hyperledger as SAP, Swisscom and Tencent gain service provider certification

Hyperledger has announced its latest tranche of members and certification holders, with companies including Visa, Swisscom and Tencent all on board.

The announcement, which comes before the organisation's annual member summit, showcases eight new members, as well as seven companies who have become Hyperledger Certified Service Providers (HCSPs).

The other new members, alongside Visa, are blockchain startups. Chainstack, a provider of managed blockchain services for...

9 September 2020 | Enterprise

Tech Mahindra to run healthcare, aerospace, telecom offerings on Amazon’s managed blockchain

Technology and IT services provider Tech Mahindra is teaming up with Amazon Web Services (AWS) for blockchain offerings in aerospace, telecoms, and healthcare.

The Indian company, which is an AWS Partner Network (APN) advanced consulting partner, will offer three primary solutions through the AWS Marketplace. There will be a kit management tool for aviation and aerospace, ensuring an effective track and trace process from multi-tier suppliers; a solution for OEMs in telecoms for...

8 September 2020 | Enterprise

ConsenSys to acquire Quorum from JP Morgan in big enterprise blockchain move

ConsenSys is to acquire Quorum, the JP Morgan-developed Ethereum variant, in what promises to be a major development in the enterprise blockchain space.

The deal will see ConsenSys merge its existing engineering roadmap with Quorum, with the latter remaining open source and becoming interoperable with other ConsenSys products, such as Codefi's finance and commerce application suite.

The two companies have been long-standing members of the Enterprise Ethereum Alliance...

25 August 2020 | Banking

Everledger, GIA and JD.com team up for diamond provenance ‘inter-chain collaboration’

Everledger and JD.com have announced the successful implementation of an 'inter-chain collaboration' with the Gemological Institute of America (GIA) to help increase trust and transparency in diamond provenance.

The Everledger blockchain platform syncs GIA diamond grading information to the JD Blockchain anti-counterfeiting and tracing platform, which provides customers with independently verified diamond certificates and origin information through JD.com's app, mobile and desktop...

25 August 2020 | Applications

Rolls Royce, ING Bank and AB InBev join Blockchain Education Alliance

Rolls Royce, ING Bank, AB InBev, and trading platform Multi.io are the latest members to join the Blockchain Education Alliance, arbiter MouseBelt has announced.

The alliance, which was launched last year aimed at grouping industry leaders around blockchain education and research, already counts Mastercard, Binance X and Ripple's Xpring among its members.

As this publication put it in February on the latter's arrival, members of the alliance 'work jointly to provide...

18 August 2020 | Blockchain