Kyt Dotson
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Credit Suisse and ING use blockchain platform to transfer $30M in securities
Credit Suisse Group AG and ING Groep NV announced today that they completed a securities lending transaction worth 25 million euros ($30.48 million) using a blockchain-based platform designed for this purpose from HQLAx. For the underlying protocol, financial technology company HQLAx selected Corda, a distributed ledger blockchain platform developed by innovation firm R3CEV LLC. HQLAx ...
Rakuten plans to build blockchain-based loyalty system with ‘borderless currency’
Japanese e-retailer giant Rakuten Inc. today announced plans to roll out a blockchain-based loyalty system that will incorporate its existing point system. The new system will take existing Rakuten Points, used to purchase anything on the system from snacks to electronics, and turn them into a cryptocurrency called Rakuten Coin. The company has shown a ...
S&P Global Platts launches commercial blockchain for oil inventory data
Energy market information and analysis supplier S&P Global Platts announced Thursday that the company will soon launch a blockchain distributed ledger to help track oil storage data for the Fujairah Oil Industry Zone and the regulator FEDCom. FOIZ is the largest reservoir and supplier for refined oil products in the Middle East and Platts is ...
Qualcomm unveils new mobile headset platform to power next-gen virtual reality
The era of cheaper, standalone mobile virtual reality headsets is almost here, as VR makers preparing to release less costly displays based on mobile technology. Today, chipmaker Qualcomm Technologies Inc. announced the company’s most recent VR reference platform based on the company’s flagship mobile chip, the Snapdragon 845. Right now, VR hardware is expensive. Most ...
ODH and Hashed Health join forces to build healthcare blockchain
Data aggregation and analytics company ODH Inc. and distributed healthcare ledger provider Hashed Health announced today that they have teamed up to develop blockchain technology designed to improve patient care and billing. Hashed Health is a distributed ledger blockchain developer working in the healthcare industry to lead a consortium of like-minded healthcare companies to bring ...
SK Telecom looks to make virtual reality more fun with oksusu Social VR
South Korean wireless telecommunications operator SK Telecom Co. Ltd. announced today that it will introduce “oksusu Social VR,” its newest virtual reality platform that will gather users together to watch video content in a social space. The company said in its release that the system would debut at Mobile World Congress 2018 to be held ...
Scalable blockchain protocol Algorand raises $4M in seed funding
The distributed ledger blockchain protocol Algorand, coauthored by Massachusetts Institute of Technology professor Silvio Micali, announced today the project has raised $4 million in seed funding. The Algorand protocol is an open-source implementation of a blockchain, a distributed ledger technology that can be used to secure transactions and information in a tamper-proof manner. The protocol ...
IrisVR announces virtual reality meeting software for instant collaboration
IrisVR Inc., a maker of virtual reality immersive design review and collaboration software, announced Tuesday that its enterprise VR platform for industrial architecture and construction will be getting a new meetings feature. Architecture and design take a lot of collaboration and work between separate parties, who may sometimes work miles apart. The immersive and collaborative ...
Gaming Standards Association creates gaming blockchain standards committee
The Gaming Standards Association and Gaming Standards Association of Europe today announced the creation of a new technical committee dedicated to creating standards for the use of blockchain distributed ledgers in the gaming industry. Blockchain technology uses cryptography and distributed ledgers to create highly trustworthy, tamper-proof and transparent transaction records. The technology has been sought ...
BitTicket launches blockchain solution to end ticket scalping in the UK
Using distributed ledger blockchain technology, United Kingdom-based ticket delivery service BitTicket announced Thursday that it’s joining with TheTicketSellers to fight against ticket scalping and bots in the industry. In the U.K., where ticket scalpers are known as “touts,” their presence and the proliferation of bots creates problems for the ticketing industry. According to statistics from BitTicket, a product ...