Cryptocurrency 

Crypto News | UPS Invests in Blockchain & Circle Stablecoin Fully Backed

All major cryptocurrencies are seeing red again today. This week has brought higher-than-normal volatility for most of the top digital currencies on the market, making investors scratch their heads. Today, we’ll take a look at the latest trending crypto news. Crypto News: UPS Invests in Blockchain Today, the top crypto news is surrounding the logistic giant, the United Parcel Service (NYSE:UPS). It was announced that the investment arm of the shipping company made an undisclosed equity investment in the US enterprise blockchain company, Inxeption. This UPS investment will be used…

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Blockchain 

Dragonchain Partnership With Hurify | IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a “global ecosystem for developer communities, entrepreneurs, and IoT solution vendors.” Its members span the globe. Hurify Digital Markets, then, is an IoT project development platform that uses smart contracts to “support IoT project development and deployment…

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Cryptocurrency 

Western Union | Testing Ripple’s Blockchain, Will It Take on Crypto Next?

According to the president of Western Union Global Money Transfer, the company is “ready to adopt any kind of currency.” And interestingly, this includes cryptocurrencies. Western Union Ready to Adopt Odilon Almeida held an interview with Reuters Plus yesterday. Here he stated that there was no big difference between cryptocurrencies and regular digital payments, of which the Western Union has handled for years now. The president stated further: “We already operate with 130 currencies. If one day we feel like it is the right strategy to introduce cryptocurrencies to our platform, technology-wise,…

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Blockchain 

Orbs Blockchain | Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform. Orbs Blockchain Raises $15 Million Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.” It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects. The latest investment will “focus on helping Orbs further the protocol’s development…

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Blockchain 

Blockchain Phone | Will Samsung Enter the Ring? Trademarks Say Yes!

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities. Blockchain Phone It started with Sirin Labs, whose pioneering phone ‘Finney,’ let people store and use digital currencies without transaction fees. Then HTC came to the party with the world’s second blockchain phone called Exodus 1. This phone boasts a “Social Key Recovery” function that lets…

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Blockchain 

State Farm | Testing Blockchain Technology for Auto Insurance Claims

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday. State Farm Testing Blockchain Technology According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts in mutual funds. “Today, subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers,” said Mike Fields, innovation executive of State Farm. “You can imagine…

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Blockchain 

US Air Force Develops New Blockchain Tool

The grad school for the United States Air Force just developed a tool to help supply chain professionals learn about blockchain. The US Air Force Institute of Technology (AFIT) released its free tool in hopes of advancing the current infrastructure built around supply chain management. This news was released by the US business journal Modern Materials Handling (MMH) back on December 3rd. US Air Force and Blockchain Technology AFIT has put together a live application that is paired with a set of video tutorials. This application can be accessed from…

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Blockchain 

A Blockchain for Europe | A New Association Sets Out to Educate

It seems that blockchain ventures are popping up almost by the day. In order to promote understanding and regulation of blockchain and distributed ledger technologies (DLT), a ‘Blockchain for Europe’ Association has formed. The latest endeavor comes from four already pretty major and renowned blockchain companies that have joined forces to establish the Association. Blockchain for Europe The four members of the association are Ripple, the NEM Foundation, Emurgo, and Fetch.AI. But what’s the point of Blockchain for Europe? The companies want to address the European Union’s “fragmented” policy debate which surrounds and…

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Cryptocurrency 

Binance Blockchain | Binance to Launch the Binance Chain

If it wasn’t enough for Binance to be the biggest crypto exchange by trading volume in the world, such is its popularity that it will now launch its own blockchain. Dubbed the ‘Binance Chain’ (give that genius a can of coke), the new blockchain is due to arrive in the “coming months” according to a Tweet today. The Binance Blockchain The Tweet gave a little more detail. It said the following: “Binance is pushing for blockchain adoption and doing many things to help advancement of the industry. E.g. we will have the…

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Blockchain 

Blockchain Technology for Healthcare | Healthcare Giants Form Alliance

The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology. Blockchain Technology for Healthcare Humana, Multiplan, UnitedHealth Group’s Optum, Quest Diagnostics, and UnitedHealthcare are all a part of the group. The alliance is trying to figure out how blockchain technology can improve data quality and lower costs. Blockchain tech entered into the mainstream media back in 2017. It’s surprising that these…

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