EY ramps up blockchain offering with procurement and visualisation tools

EY (Ernst & Young) has continued its blockchain momentum with two new releases of an enterprise network procurement offering and visualisation tool.

The EY OpsChain Network Procurement tool, built on the EY OpsChain platform, will aim to allow companies to run private, secure, end-to-end procurement activities on Ethereum.

"As more and more companies work as part of global business networks, it has become difficult to manage network-level agreements from inside a...

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,...

Blockchain spend to hit $4.1bn in 2020 as banking and manufacturing lead ‘robust’ investments

Global spending on blockchain solutions will reach $4.1 billion (£3.18bn) this year at an increase of more than 50% compared to 2019, according to IDC.

The analyst firm's latest Worldwide Blockchain Spending Guide forecast a five year CAGR of 46.9%, reaching a total of almost $17.9bn by 2024.

In total, banking and manufacturing - both process and discrete - will account for approximately half of total blockchain investment this year (below). Finance will be by far the...

British Blockchain Association looks in vain for ‘evidence-based blockchain’ in new report

It may be all well and good touting the efficacy of your blockchain offering, but does it really stack up under scrutiny?

A new paper from the Journal of the British Blockchain Association (JBBA) has explored blockchain technologies on the basis of evidence-based practice (EBP) - with sceptical results.

Evidence-based blockchain (EBB) is defined by the journal as 'conscientious, explicit and judicious decision making based on professional expertise and evidence from...

Health n Go Covid-19 blockchain certificate trial described as ‘encouraging’

Health n Go, a blockchain-based secure health certificate built on the TIXnGO platform, has reported 'encouraging' results of a Covid-19-focused trial in Switzerland.

The pilot, which took place in early July, saw Health n Go partner with Medisupport, a laboratory network in Switzerland, as well as railway equipment manufacturer Matisa. Matisa was chosen as the test case as the company's technicians frequently travel overseas for work, the company noted.

Each user - a...

Portbase using TradeLens blockchain platform for Amsterdam and Rotterdam ports

Logistics continues to be a major area for blockchain technologies to flourish: Portbase, which manages digital infrastructure for Amsterdam and Rotterdam ports, is working with TradeLens, a blockchain-based trade digitisation platform.

The company has completed the 'first phase of connection' with TradeLens, which aims ultimately to connect between the Dutch ports and a global ecosystem of carriers, terminals and inland providers.

The first phase has seen Portbase...

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...

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...

IBM crowned as leader in ABI Research industrial blockchain as a service assessment

ABI Research has undertaken an assessment on industrial applications of blockchain as a service (BaaS) - and declared IBM at the top of the tree, with Microsoft not far behind.

The two companies were cited as 'clear leaders' in the report, which analysed six industrial BaaS vendors on innvation and implementation. IBM came out on top in both categories, ABI Research explained.

"The firm's platform is open to a broad range of industrial verticals and has run a significant...

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...