Howdoo becomes Hyprr, grabs Alpha Sigma Capital funding for blockchain social network

Meet Hyprr. The startup, based out of Los Angeles, is looking to utilise blockchain technology to create a social network which offers greater control to users and creators.

The company's platform is powered by UDOO, a utility token, whereby users and content creators can utilise paywall features. Users can also generate income through likes and shares - much as Medium and other publishers do with claps.

Hyprr was previously known as Howdoo, but earlier this week changed...

The time to digitise hidden value is now: How blockchain can help

48% of CEOs don’t trust blockchain technology. Yet 84% are curious about the compelling benefits that it offers. 

In today’s tumultuous markets, moving from an investigative mindset to one that overcomes apprehension and mistrust is critical to the “digitisation of value.” Rooting out hidden value buried in legacy systems or money being left on the table due to inefficient processes means turning to technologies that can unite physical and virtual worlds in a way to...

Smucker’s works with Farmer Connect for blockchain-based coffee transparency

The J.M. Smucker Company is working to 'pioneer a new era in coffee transparency' by utilising blockchain technology.

Smucker's is partnering with Farmer Connect, a startup which utilises IBM's blockchain to tackle traceability in the farm-to-fork journey. The company came to prominence when launching its consumer-facing provenance app at this year's CES - which until this year was hardly a hive of blockchain activity.

Now, that consumer-facing app has a major client on...

Daimler explores decentralised data offering in Ocean Protocol collaboration

Daimler, the automotive manufacturer behind the Mercedes-Benz brand among others, is working with Singapore-based Ocean Protocol on a pilot project for 'decentralised data orchestration.'

The project, claimed as a success by both parties, is focused around Ocean Protocol's 'compute-to-data' solution, which aims to enable companies to share, buy, and sell data while maintaining privacy.

Ocean Protocol's wider vision is to coalign blockchain and artificial intelligence...

Deloitte’s 2020 Global Blockchain Survey: How blockchain is becoming a ‘true strategic priority’

Blockchain is undergoing a 'compelling' evolution from being an experimental technology to a true strategic priority for organisations, according to Deloitte's latest Global Blockchain Survey.

The study, the third edition which polled almost 1,500 senior executives across 14 countries, found that two in five (39%) companies had already moved their blockchain projects to production - a significant climb from 23% this time last year.

This makes for interesting reading when...

Blockchain spending in Europe will recover post-Covid-19, says IDC

The short-term outlook for blockchain technologies in Europe is not good right now amid the coronavirus pandemic - but there is a note of optimism in certain sectors, according to IDC.

The analyst firm's latest forecast, based on its European IT Buyer Sentiment Survey and global blockchain spending guide, shows spending on blockchain solutions will be down around 8% in 2020. This counters previous analysis which saw blockchain spending at $1.4 billion this year, running at a 58%...

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...

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...

General Motors applies for blockchain map patent

General Motors (GM) has filed an application to the US Patent and Trademark Office for a “Decentralized Distributed Map Using Blockchain.”

The patent tries to solve an issue related to the dynamic feedback of mapping around a car.

At present, most vehicles, including autonomous vehicles, leverage some type of navigation system that provides detailed maps to the driver of the vehicle or the automated driving system regarding the geographic location of the vehicle and...

EY introduces third gen ZKP blockchain to public domain, Block.One launches EOS.io 2.0

Ernst & Young (EY) has introduced its third generation zero-knowledge proof (ZKP) blockchain technology to the Ethereum public blockchain.

According to the accountancy giant, the enhanced ZKP enables private transactions on public blockchains to be less expensive and more scalable by combining several private transfers together into a single transaction.

The newly enhanced ZKP blockchain technology, which also reduces the size of an on-chain Merkle tree, combines up...