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U.S. Treasury Department finishing up blockchain testing for tracking federal grant payments

U.S. Treasury Department finishing up blockchain testing for tracking federal grant payments The U.S. Treasury Department is about to complete testing a blockchain-based payment capability for federal grants, FCW reported. Craig Fisher, Supervisory Program Manager in the Office of Financial Innovation and Transformation (FIT), shared that they are finishing up a proof of concept program […]

Blockchain-Based IBM Sterling Adds Advanced Supply Chain Tracking Features

The IBM Sterling supply chain platform will now feature additional integrations developed by Salesforce, Publicis Sapient, IBM Services and others, a Jan. 13 press release reads. The additions will allow the blockchain and AI-based suite to quickly solve returns and cross-channel logistics challenges. IBM Services and Bluewolf are jointly developing a connector service to join […]

Everest Group enterprise managed blockchain analysis places IBM and Microsoft at the summit

The enterprise managed blockchain, or blockchain as a service (BaaS) space, is one which though nascent has many of technology’s fastest horses running in the race. Amazon Web Services (AWS) and Microsoft, who continue to conduct their battle for cloud infrastructure, have well-known stakes in blockchain, as well as many of the ‘second tier’ cloud […]

ZorroSign CEO Highlights Benefits of Blockchain in Testimony to House Committee Reviewing 2020 Election Security Legislation

Blockchain can be used to safeguard United States elections and should be an essential component to any voting system. WASHINGTON, Jan. 14, 2020 /PRNewswire-PRWeb/ — Shamsh Hadi, CEO of ZorroSign, Inc. highlighted the benefits of blockchain in safeguarding United States elections in testimony he submitted to a U.S. House committee. “The thoughtful and intentional employment of […]

SEC goes after ICOBox for $16M over unregistered ICO

The U.S. Securities and Exchange Commission (SEC) has sued ICOBox and its owner for $16 million in disgorgement and fines. The regulator accuses the company of conducting an illegal securities sale from which it raised $14 million. It also accuses the company of acting as an unregistered broker for other crypto offerings as well. ICOBox […]

Blockchain startup SIMBA Chain raises $1.5M in seed financing

Blockchain startup SIMBA Chain raises $1.5M in seed financing Blockchain startup SIMBA Chain has raised $1.5 million in a seed financing round which saw participation from Notre Dame’s Pit Road Fund, Elevate Ventures, First Source Capital, and individual angel investors. SIMBA Chain was established in 2017 as the result of a grant awarded by the […]

Building a Blockchain Ecosystem for the Enterprise

Summary The blockchain market is still in its infancy, clouded by technology complexity, significant if not convoluted investment requirements associated with a business processes sea-change and controversy over how the market began and should unfold, based upon differing platform approaches. New York, Jan. 14, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report […]

NBA Investigates Spencer Dinwiddie’s Attempt to Tokenize Contract on Blockchain

Yesterday, Brooklyn Nets point guard Spencer Dinwiddie launched his token-based investment vehicle, and every kid who once dreamed of being an NBA GM said, “actually…I’ll pass.”    It’s that complicated. Last September, Dinwiddie revealed a plan to create a blockchain-based investment platform called DREAM Fan Shares. The goal was to sell 90 “SD8” tokens backed by […]