Entries by Steve

Senate passes blockchain bill: 3 things to know

Mackenzie Garrity – Monday, July 15th, 2019 Print  | Email The U.S. Senate Commerce, Science and Transportation Committee approved a blockchain bill last week that aims to promote the technology, according to a CNET report and cited by Yahoo Finance. Three things to know: 1. The Blockchain Promotion Act is bipartisan legislation that would […]

Liability Rumblings Along the Blockchain

Robert A. Schwinger When parties interact in transactions conducted via blockchain technology, they may find themselves in relationships to one another that the law has not yet had the opportunity to clearly define. Courts, commentators, governmental officials, litigants and legislatures are now exploring which participants in various kinds of blockchain-based activities might be subject to […]

David Marcus: Libra won’t launch until regulatory concerns addressed

Facebook’s blockchain boss David Marcus is pushing back against critics of the company’s planned digital currency Libra, telling US lawmakers that Libra will be “the broadest, most extensive, and most careful pre-launch oversight by regulators and central banks in FinTech’s history” — and that Facebook will not launch it until it has “fully addressed regulatory […]

Port Report: Shipping lines, ports pledge support to blockchain group

Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Hong Kong-based start-up CargoSmart said the agreement with CMA CGM, Cosco Shipping Lines (HKEX: 1919), Orient Overseas Container Line (HKEX: 316), Hapag-Lloyd (FSE: HLAG), along with Cosco Shipping Ports, Hutchison Ports, Port of Qingdao, […]

How Blockchain Is Changing Loyalty Programs

Multiple companies offer rewards platforms using crypto tokens rather than traditional points. Loyall, for example, allows businesses to run their own branded loyalty programs on the blockchain. By some estimates, it costs five times as much to acquire a customer than to keep an existing one. Thus fostering customer loyalty is critical for most businesses, […]

Bahia launches blockchain to track gov’t bidding process

The state of Bahia in Brazil recently launched a blockchain-based application that is expected to track bidding of government contracts by the public. According to reports, Bahia created a blockchain-based solution dubbed “Online Bid Solution” (SOL). The application, created by Cayenne Technology and Design, is aimed at making the bidding process secure and transparent. Notably, […]

Blockchain startup processes $1bn in trade finance

Judging by the scale of transactions now being made across blockchain ledgers, the technology is now beyond the development phase. Insight Ledger reports that Singapore-based blockchain developer dltledgers, which combines blockchain with trade finance, claims to have seen over $1bn in deals over its platform in the past 18 months. The big recent customer is […]

Blockchain Technology Conference: Explore dApps, smart contracts & more

The Blockchain Technology Conference takes place in Berlin from November 11 – 13, 2019. Over twenty-five international speakers from different industries will give sessions, keynotes, and short talks about blockchain, its implementation, and more. Experience the latest technologies such as blockchain applications, smart contracts, dApps, and more. Two full-day power workshops are available for livecoding […]

Crypto Leaders Head To Washington For “Blockchain Education”

Cryptocurrency is back on the congressional calendar. As Facebook prepares to enter the space, the American President is now tweeting about crypto with the same careful deliberation which he normally reserves for immigrants. Meanwhile, DLT companies are headed to Capitol Hill, in order to make the case for decentralization at the third Blockchain Education Day. […]

These Billion-Dollar Companies Are Betting Big on Blockchain

Late-night TV host Johnny Carson once infamously said, “billions and billions,” during an interview with astrophysicist Carl Sagan. Carson was parodying Sagan’s emphasis on billions, not millions, of galaxies. That was many, many decades ago. Yet, even today, I have a hard time getting my head around the concept of “just” a billion. A billion […]