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🔴UK University Issues Blockchain-based Certificate to Manage COVID19 Risks

🔻Covid19 has posed the gravest dangers upon goods across the value chain. Therefore, developing proper solutions is required to protect consumers from health risks. To deal efficiently with the imminent dangers posed by the post-pandemic world, a newly-launched “4th Fourth Industrial Revolution Technologies Centre”, co-founded by Birmingham City University, is testing a blockchain-based Coronavirus Clearance Certificate (CCC).
The aforesaid certificate proves that people have followed the due requirements of health protocols to break the COVID19 transmission chain. Moreover, the certificate confirms that a supplier adheres to highest standards of public health, sustainability, anti-bribery and even modern slavery.

#blockchain
#technology
#UnitedKingdom
#supplychain
#coronavirus
#university
#clearancecertificate
🔴One of Canada’s Top 50 Companies Employs Blockchain to Strengthen its Supply Chain

🔻Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies has announced partnership with blockchain-based supply chain middleware platform, Morpheus.Network to strengthen its diverse supply chain.
FCL works primarily on agriculture, food, and energy sectors along with operating in home and building solutions. The FCL generated $9.2 billion during 2019. Morpheus.Network endeavors to replace FCL’s existing manual processes with automated tracking and compliance management solutions.
Big names such as BMW, GM, Ford, and Renault, alongside tech firms Bosch, Hyperledger, IBM, and Iota, are going to implement blockchain-based supply chain solutions.

#technology
#dltblockchain
#blockchain
#Canada
#supplychain
🔴China Launches Blockchain-Based Service Network for Commercial Use

🔻On April 25, Chinese government officially announced the public launch of the nationwide Blockchain-based Service Network or BSN for commercial use.
BSN enables blockchain projects to create and run new blockchain applications for a lower cost. Chinese government aims to accelerate the development of smart cities and the digital economy. The developers on BSN created applications to improve public welfare charity, item traceability, and electronic invoices.
China has made great efforts to bring wider blockchain adoption. Moreover, China has been working on its digital central bank currency, noteworthy to mention that Chinese banks were already testing digital yuan.

#blockchain
#digitalyuan
#China
#blockchainadoption
#technology
#commercialblockchain
#digitalcurrency
#government
🔴Tech Giants Play Significant Role in Developing Cross-Chain Interoperability

🔻Cross-border interoperability has always been one of the major discussion points in the blockchain industry over the past few years. Large web service providers such as IBM, Oracle, Azure Blockchain Services and SAP are determined to provide a proper solution for this issue.
A lack of infrastructure and data standardization is a major obstacle to blockchains interoperability, making it difficult for companies in different regions and sectors to work together. Blockchain lack of interoperability may prevent the blockchain mass-adoption in future. On the public blockchain side, multi-chain solutions like Cosmos and Polkadot seek to solve this problem as well.

#blockchain
#technologynews
#technology
#blockchainnews
#oracle
#azure
#ibm
🔴Blockchain Firm Cooperates with Indian Government to

🔻Improve Farmer’s Conditions
In partnership with Indian government, agriculture technology startup Agri10x is providing the requirements to effectively connect Indian small-scale farmers to global buyers by using blockchain to cut out the middleman.
The partnership provides Agri10x access to the government's national common service centers (CSCs), which would enable rural farming communities to register on the company's blockchain platform. Blockchain will allow small farmers to connect to more buyers without the need to squeeze profit margins from engaging in the middleman process.

#India
#farmers
#blockchain
#agriculturetechnology
#technology
Visa Patent Filing Would Allow Banks to Mint Digital Fiat Currencies Using Blockchain

The payments giant, Visa, has filed a patent application for a process for turning physical fiat currency into a newly digitized version. The filing, which was filed with the U.S. Patent and Trademark Office in November says the system would be able to mint digital fiat currency and keep a tally of all issuances on the blockchain. Newly created digital fiat would be the exact equivalent with physical cash.

#visa
#technology
#blockchain
#digitalcurrency
#blockchainnews
#bank
🔴Overstock CEO Said Immunity Passports May Be Blockchain's Killer-App

🔻Overstock CEO Jonathan Johnson said that immunity passports to prove lack of coronavirus infection may push blockchain technology out of Bitcoin’s shadow.
Overstock CEO believes that global markets must pave the road to make people feel safe again. Johnson also thinks that adoption will improve when certain businesses start to require such an immunity passport. Utilizing the secure and immutable transfer of data by blockchain, could bring the technology out of shadow and into the mainstream consciousness.

#Overstock
#technology
#COVID19
#blockchain
#blockchainadoption
#immunitypassport
🔴Blockchain Technology Firm LayerX Raised Nearly $28 Million to Further Blockchain Adoption
🔻Japanese Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption. LayerX raised the funds from venture capital firms JAFCO, ANRI, and Yahoo Group. According to a report by Big Four auditing firm PwC, 29% of crypto funding in 2019 was in the Asia Pacific region.
#blockchain
#news
#japan
#cryptofunding
#technology
🔴Decentralization & Preserving Personal Privacy During Coronavirus Pandemic

🔺In an effort to keep citizens safe, state authorities have rapidly implemented various emergency plans to curb the spread of COVID-19. These plans have jeopardized the data of citizens in the name of public health. Unlike centralized infrastructure, decentralized infrastructure does not gather user data on one centralized server. Instead, data is kept on users’ devices or private clouds and is encrypted so that only the user’s private key can unlock it. Users own their data and there is no concentration of personal data on servers in remote data centers.

#blockchain
#healthcare
#technology
#symptomtracker
🔴Chinese Stakeholders’ Reluctance to Share Their Personal Data with Government Run Blockchains
🔺Chinese stakeholders’ reluctance to share their privately owned data with centralized government institutions has brought about great challenges for implementation of blockchain technology in China. There are more than 30 related local governments procuring blockchain technology in China. Some of these projects have been forced to shut down in under two years due to lack of supporting data.
#china
#blockchain
#government
#technology