Blockchain patents ‘skyrocketing’ in 2020 with Alibaba leading the way, says study

Blockchain patents are 'skyrocketing' in 2020 with Alibaba by far the leading publisher, according to a new study.

The research, from IP consulting provider KISSPatent, found Alibaba had published 10 times more blockchain-related patents than IBM, in second place, in 2020.

The study came about to better assess the number of blockchain innovations and patents across the spectrum. KISSPatent used multiple methods to identify them, primarily based around a mixture of...

Most cloud-native attacks looking to mine cryptocurrency, report warns

A new threat report from Aqua Security has revealed the majority of attacks analysed on cloud-native infrastructure were for mining cryptocurrency - with a 'growing, organised and increasingly sophisticated' pattern of attacks noted.

The report, from Team Nautilus, Aqua's cybersecurity research unit, detailed a year's worth of attacks observed in the wild, looking at methods used to attack container infrastructure for the first time. The report also highlighted supply chain...

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...

Voatz says its blockchain voting platform complies with federal guidelines

Mobile voting provider Voatz has announced its platform is compliant with federal voting system guidelines, after 'comprehensive' testing by an independent lab.

Pro V&V, a software and systems third party test laboratory, authored a 47-page report which concluded that Voatz 'meets the applicable requirements set forth for voting systems' according to US Election Assistance Commission (EAC) guidelines.

The testing, which took five months, assessed Voatz in various...

Volvo doubles down on blockchain play with Circulor investment

Volvo has announced an investment in Circulor, a blockchain technology provider, as the company looks to further its ambitions in the sector.

The investment in Circulor is focused on providing greater traceability for cobalt in Volvo's supply chain, with Volvo Cars Tech Fund, the venture capital arm of the automotive manufacturer, contributing alongside SYSTEMIQ, Total Carbon Neutrality Ventures and Plug & Play.

Cobalt is used significantly in lithium ion batteries,...

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...

Oil and gas blockchain consortium says successful water haulage pilot is ‘tip of the iceberg’

The OOC Oil & Gas Blockchain Consortium has announced the competition of a first successful pilot around water haulage.

The project, which was developed in partnership with Data Gumbo, involved automating the water haulage process, from field readings to invoice payments. It is claimed to be the first industry-wide use of a blockchain-native network - Data Gumbo's GumboNet network -for produced water haulage.

Initial results of the pilot include reducing the current...

Blockchain can be key to immunity passport success – but science must dictate rollout

The COVID-19 pandemic has ignited a reassessment of the role that technology can play in tackling health crises, as well as citizens’ right to privacy. This is particularly the case in the ongoing development of contact tracing apps, which have been heralded as the ticket out of the pandemic.

Another tool that has been suggested as one way of bringing the crisis under control – and has gained more and more attention over the last few weeks – are so-called ‘digital immunity...

Libra changes course after regulatory hurdles with more ties to local currencies

Meet the new Libra - not quite the same as the old Libra. The Facebook-backed digital currency initaitive has today launched a redesigned roadmap after encountering blowback from regulators.

The vision for Libra is now to create a more traditional payment system tied to local currencies, including USD, EUR and GBP. The Libra coin (LBR) - therein the original concept of a digital currency backed by assets - remains, but as co-creator David Marcus noted, will be a "smart contract...