Blockchain 

Ernst & Young Unveils Blockchain Solution for Government Spending

The crypto space has come a long way over the past few years, and so has the blockchain solution space. While it is true that for most people, crypto and blockchain are synonymous, it needs to be kept in mind that the latter is a form of technology that has a wide variety of uses. Nowadays, many of the world’s biggest firms are making attempts to use blockchain technology, and the latest in the line is consultancy giant Ernst & Young. The company announced that it is all set to…

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Blockchain 

LiteLink Announces Launch of PerfectRoute, a Route Planning and Fleet Optimization Solution

VANCOUVER, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B) , a key player in logistics and payment solutions, is pleased to announce PerfectRoute, a delivery route planning and fleet optimization solution for all types of vehicles designed for last-mile delivery, powered by the 1SHIFT Logistics platform. With the global route optimization software market expected to reach US$5.07 billion by 2023, compounded with today’s increasing pressure to lower costs of transportation and logistics. Route optimization will be provided to enterprise customers via Litelink’s flagship 1SHIFT platform, but…

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Blockchain 

Tech Mahindra Introduces Blockchain Solution for Finance and Insurance

Indian conglomerate Mahindra Group’s IT subsidiary, Tech Mahindra, has partnered with American tech company Adjoint. The company is set to launch blockchain use in insurance services and finance management solution. Blockchain Solution for Financial and Insurance Services On Monday, CommMEA reported that the solution, which is the first of its kind, will be a game-changer. Using the service will save clients up to $4 million for every $1 billion of financial management and banking relationships. Using blockchain in the insurance and finance sector will ensure that clients receive a seamless…

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Blockchain 

TRON (TRX) Launches the Sun Network V1.0 Sidechain Scaling Solution

TRON (TRX) has announced the release of the Sun Network V1.0, which is a sidechain scaling solution officially being introduced by the TRON Foundation. Sun Network V1.0 to Offer Unlimited Scaling Capability The Sun Network V1.0 released is expected to enhance and offer unlimited scaling capacity to the platform’s mainnet. This will supposedly ensure dApps are running efficiently with high security while at the same time consuming less energy on TRON. Since the Sun Network V1.0 integrates several scaling projects such as smart contracts, cross-chain communications, dAppChain, and optimized application…

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Ethereum 

Ethereum Phase Two | The Solution to Scaling and Ethereum Plasma

Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem. He spoke at the Rise conference yesterday in Hong Kong and revealed that the first layer of the Ethereum ecosystem is now complete and phase two should be finalized sometime this year. Lubin states that phase two is where the world should see real scalability from the Ethereum ecosystem. Ethereum Phase Two Lubin told the panel discussion facilitators Erik Torenberg and Melissa Guzy: “We’re moving into a space where Ethereum…

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