Q&A: Steve Davies, PwC: On creating value through blockchain amid uncertainties

“Is your business ready for blockchain?” asks PwC on its portal page, adding: “The most exciting thing about blockchain is that its true potential is still unknown.”

If you’re not ready, then the consultancy giant is more than ready to help, offering expertise across cryptocurrencies and payments, smart contracts, DLT assurance, the supply chain, as well as identity and security. Earlier this month it was reported that PwC was testing blockchain technology for...

DMarket: On how gaming is a ‘gateway for mass blockchain adoption’

Whether it’s aligning on the content side or providing technology which underpins the games, blockchain within gaming is one of the most interesting use cases. Last month Forte and Ripple announced a $100 million fund for developers who make games based on blockchain technology, while September saw Chinese blockchain gaming platform Cocos-BCX land $40m in funding.

DMarket, which is participating at the Blockchain Expo Global event later this month, aims to provide users with...

Why the blockchain funding scene remains ripe: Cambridge Blockchain, Lucid Sight, Harmony and more

The cryptocurrency markets may continue to fluctuate, but the startup scene for those exploring and integrating blockchain technologies continues to thrive. Cambridge Blockchain, Lucid Sight, Harmony and Liquid.com are four such companies who in the past week alone have secured vital VC funding.

Massachusetts-based digital identity enterprise software provider Cambridge Blockchain has been joined by PayPal in its series A funding round. As part of this investment, both companies...

Jamie Burke, Outlier Ventures: On the ‘anti-social web’ and how tokens and convergence can provide the answer

In March 2018, Deepak Seth wrote an article for CIO.com exploring whether users should get royalties for their ‘digital exhausts’ – the trail of data we provide for a multitude of services owned by the tech giants. Seth cited the Facebook and Cambridge Analytica imbroglio, as well as the then-upcoming GDPR legislation, as a potential tipping point.

“Everyone knows at the back of their mind that given the multi-billion dollar revenues these companies are generating, nothing...

ConsenSys announces latest blockchain startups for Tachyon accelerator program

ConsenSys Ventures has announced the latest tranche of startups to take part in its accelerator program – with ideas on the table including a DNA data bank, a ‘litigation finance investment platform’ and a customised printed cryptocurrency card provider.

Tachyon, described as the first ever blockchain-focused accelerator, is focused on backing ‘the most promising startups building on Ethereum’ with a particular gaze on blockchain-for-profit, open source, and social...

HPE and Continental announce blockchain-based platform for sharing vehicle data

MWC19 Hewlett Packard Enterprise (HPE) and Continental have jointly announced a blockchain-based platform that will share vehicle data to enable new digital services in order to improve driver safety and convenience.

The platform, scheduled to be available in 2019, will provide data sovereignty, security, efficiency and transparency and will help overcome the technical issues concerning sharing of vehicle data.

Many digital ecosystems allow data sharing that is based on...

Chevron, Total, and Reliance Industries sign up for blockchain management platform Vakt

Post trade management platform VAKT has announced three new strategic investors – in the shape of oil and gas giants Chevron, Total, and Reliance Industries.

The companies, who are among five of the world’s top 10 largest oil and gas companies by market capitalisation, will also become early users of the company’s blockchain-enabled offering.

Chevron, Reliance and Total are among the five of the world’s top ten largest oil and gas companies by market...

Exploring Crest Token: A startup looking to combine blockchain and AI to help digital marketers

The promise of blockchain technologies infiltrating digital marketing and digital advertising has been mused upon at length. “Blockchain technology will truly come into its own in markets where there are intermediaries between the buy and sell side,” explained Greg Isbister, CEO of adtech firm Blis in September. A month later, Brian Xie, chairman of the Adrealm Foundation, added that such a proof of work could “look to create value by nourishing those industry best practices which...

IBM puts forward blockchain for scientific research in latest patent filing

IBM has long been the leader when it comes to patents – the company’s inventors received more than 9,000 in 2017 and has been top of the charts for 25 consecutive years. The latest patent to come out of Big Blue focuses around how blockchain technologies can be utilised for scientific research. “In an example, the blockchain system can form a blockchain representing a research project, wherein the blockchain comprises a first block of research data and a second block of analysis data...

Toyota sees 21% lift in ad campaign performance owing to blockchain technology

The automotive industry has recently seen what is being said to be the sector’s first ever blockchain-powered ad campaign that was led by Toyota, along with blockchain advertising analytics company Lucidity, and international ad firm Saatchi & Saatchi. The main purpose of this collaboration was to introduce transparency into Toyota’s digital ad campaign buy, removing wasted spend. The carmaker witnessed a 21% lift in performance owing to Lucidity-optimised campaign. Lucidity provides...