Blockchain 

Walmart Submits Patent for Drone System Based On Blockchain

Walmart Inc (NYSE:WMT) has felt the convenience of blockchain and is not looking to back down soon judging from its latest patent application submission for a drone communication system anchored on blockchain technology. The patent application submitted to the United States Patent and Trademark Office (USPTO) early this month, dubbed “Cloning Drones Using Blockchain,” shows the retail giant’s commitment in adopting blockchain technology for most of its operations. According to the details of the filing, the drone-based communication system codes and stores the drone’s crucial operational parameters in decentralized ledgers.…

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Blockchain 

South Korea’s Shinhan Bank is Building a Blockchain Security System

According to reports, the oldest bank in South Korea, Shinhan Bank, is soon to be the most technologically secure bank. The bank has partnered with two other companies to develop a blockchain-based security solution. Moving with the times indeed. South Korea’s Shinhan Bank is Making a Blockchain Security Solution According to a report published earlier today in TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with two developers: financial technology startup Ground X and blockchain developer Haxlant. The pair have been tasked with developing a blockchain security system for the bank. More…

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Blockchain 

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal & General and Amazon: A Blockchain Partnership On June 11, Reuters said the multinational British insurer is now working with Amazon to create a blockchain system specifically for corporate pension deals. By using Amazon Web…

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Blockchain 

A New Financial Standard and Monetary System

HomePress ReleaseAnchor: A New Financial Standard and Monetary System Anchor, a New Financial Standard and Monetary System for Preserving and Enhancing the Value of Investor Holdings Anchor is a two-token stable currency system pegged to a financial index that safeguards investments against economic volatility, inflation and market speculation. Anchor AG, a financial services holding company, introduces Anchor, a dual-token stable currency that is pegged to a proprietary Monetary Measurement Unit (MMU), which calculates the value and growth of the global economy with validated data, including the real GDP, from more…

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Blockchain 

UEFA Ticketing System | Soccer Giant Uses Blockchain Technology

The Union of European Football Associations (UEFA) has made quite the revolutionary announcement today. No, Lionel Messi has not quit football or anything like that, rather the announcement revealed the new UEFA ticketing system. And the new UEFA ticketing system uses blockchain technology. Get in! The UEFA Ticketing System UEFA successfully deployed its new blockchain ticketing system via mobile phones. The system was actually tested first back in May where it was used to sell 50% of the tickets for the 2018 UEFA Europa League final in Lyon and it was successful. UEFA…

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