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Mining and blockchain software company Bitfury partners with global consulting group PwC to launch a blockchain accelerator in Russia. Big four consulting firm PricewaterhouseCoopers (PwC) has partnered with mining and blockchain software company Bitfury Group to create a blockchain accelerator for businesses in Russia, according to a PwC press release today, Dec. 13. The release explains that PwC has already used Exonum — Bitfury’s open source framework for building blockchain applications — for educational courses and seminars. According to the release, the main goal of the new accelerator is to meet the “current needs” of the consulting giant’s enterprise clients in Russia. Victor Nelin, an IT consulting manager at PwC’s Russian branch, claimed that BitFury and PwC will provide “fundamentally new” products to companies in different industries within the next few years. The release also cites a recent PwC study on blockchain implementation in the energy sector. The company believes ..
Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. BEIJING, CHINA – On December 12th, 2018, BitDeer announced its official launch as a world-class computing power-sharing platform and strategic partnerships with BTC.com and AntPool, the world’s largest cryptocurrency mining pools. BitDeer allows global users to mine Bitcoin and other proof-of-work protocols without the technical challenges of running a cryptocurrency mining operation. It enables aspiring miners to dive right into the world of cryptocurrency mining and provides a white glove service solving the complexities of purchasing, installing and hosting mining machines by providing professionally-..
Australia’s National Transport Insurance has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad. Australia’s National Transport Insurance (NTI) has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad, local transport industry magazine Fully Loaded ATN reports Dec. 10. NTI will reportedly be partnering with BeefLedger, an Australian “integrated provenance, blockchain security and payments platform,” which combines blockchain with Internet of Things (IoT) technology to bolster product credentials across the supply chain. NTI and Beefledger’s pilot will use the system to track the provenance and production of Australian beef exports to Shanghai, from their rearing on South Australia’s Limestone Coast to a processing facility at Casino in New South Wales, and on to China. As ATN reports, Australia is the third largest beef exporter globally, with some 45,000 cattle producers forming the ba..
A United Arab Emirates national oil company has successfully piloted a blockchain system for oil and gas production. The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical groups, with a daily output of about 3 million barrels of oil and 10.5 cubic feet of natural gas. The pilot project has “provided a single platform that tracks the quantities and financial values of each bilateral transaction” between the involved companies automating the accounting, the release reports. The system had been announced by the ADNOC Digital Unit Manager, Abdul Nasser Al Mughairbi, at the recent World Energy Capital Assembly in London. During the summit, he noted that “this could be the first application of blockchain in oi..
Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin Smart Contract Meets Artwork ‘TEMCO’, the world’s first Bitcoin-based supply chain data platform, recently partnered with ‘Art Together’, another world first platform that provides shared-ownership for artwork. The partnership between TEMCO and Art Together aims to develop and establish a transparent system that highlights the overall funding, distribution, and investment of high-end artwork utilizing TEMCO’s public blockchain powered supply chain data platform. ‘Artwork’ is a high-end luxury product. Therefore, Artwork requires a credible and transparent distribution process to ensure the valid..
U.S.-based trading technology firm IPC Systems has partnered with blockchain software consortium R3. American trading-communications firm IPC Systems has partnered with enterprise blockchain software consortium R3, according to a press release shared with Cointelegraph Dec. 3. IPC is a trading technology service company known for producing trading turrets, which are communications systems used by financial traders on their trading desks. Through the Partnership, IPC plans to support the consortium’s Corda blockchain networks on its Connexus platform. Connexus Cloud is a financial markets cloud-based platform for data, voice, and business communications and compliance. The product includes financial industry firms, liquidity revenues, energy firms, and market data and clearing companies. The Corda blockchain network uses smart contracts that are triggered by price or volatility developments in markets. By partnering with R3, IPC will purportedly provide capital market data, making the ..
A Saudi-based development bank subsidiary will develop various blockchain products for the Islamic banking sector. Saudi Arabian developmental institution the Islamic Development Bank Group (IsDB) has partnered with a Tunisian startup to develop interbank blockchain tools, a press release confirmed Nov. 29. IsDB, which will conduct the project through its private sector subsidiary, the Islamic Corporation for the Development of Private Sector (ICD), wants to improve Islamic financial institutions’ liquidity management and increase overall efficiency. The institution signed an agreement with Tunis-based iFinTech Solutions, a dedicated outfit which describes itself as an “Investment Advisory Firm focused on alternative financial solutions based on Islamic principles.” The impetus behind using blockchain for the initiative lies in the relative disadvantage Islamic banks have on the worldwide stage, with institutions restricted from funding options provided by international central banks,..
Microsoft and LayerX hope to propagate blockchain technology throughout Japan’s domestic market. The Japanese arm of computer giant Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the technology, Cointelegraph Japan reported Nov. 30. LayerX, which formed in August as a joint venture from news curation app Gunosy and advisory service AnyPay, oversees blockchain integration for enterprise, including areas such as smart contracts and general consulting. Using Microsoft’s Azure Blockchain-as-a-Service (BaaS) solution, the companies will seek to promote the technology further in the domestic economy. “We will support the introduction process in its entirety, even down to technical support of finished implementations,” an accompanying press release stated, adding: “Both companies will work toward realization of transformation of people's lives and working practices by promoting the implementation of blockchain technology in various industries.” ..
Consumers of Gustav Gerig tuna will be able to access a raft of information about the product using the Ethereum blockchain. A Swiss food manufacturer has become the “first” in Europe to use the Ethereum (ETH) blockchain to track fish products, a press release confirmed Nov. 28. Gustav Gerig AG, which has operated since 1923, partnered with global tuna marketing company Pacifical c.v. to allow clients to certify the origin of its tuna range using blockchain technology. Tins in the range will soon sport a QR code that consumers can scan in order to find out information such as the production date, type of tuna, and even the boat used to catch it. The blockchain implementation is being provided by Thailand-based Atato, a blockchain service provider building enterprise-geared decentralized applications in partnership with Ethereum cofounder Joseph Lubin’s startup ConsenSys. “In providing an optimal level of transparency the company will enable all its clients access to data on exactly ho..
Stock market giant Nasdaq and investment firm VanEck have announced a partnership to jointly launch a set of digital assets products. The world’s second largest stock exchange Nasdaq and U.S. investment firm VanEck have announced a partnership to jointly launch a set of “transparent, regulated and surveilled” digital assets products. VanEck’s director of digital asset strategy Gabor Gurbacs tweeted the news Nov. 27. Gurbacs revealed the partnership at the Consensus:Invest crypto conference in New York City. The announcement echoes yesterday’s report from Bloomberg, citing “two people familiar with the matter,” that Nasdaq would be rolling out a Bitcoin (BTC) futures contract as early as Q1 ‘19. Gurbacs indicated in his tweet that the new products would harness Nasdaq’s SMARTS Market Surveillance system, alongside VanEck’s MVIS digital asset pricing indices. SMARTS is a cross-market, cross-asset, multi-venue surveillance tool that correlates real-time and historical data with detection..