When the South and North Korean leaders came together and signed a peace treaty between the two nations, the historic moment  was permanently recorded on the ethereal blockchain  on April 27. According to CoinDesk Korea , Ryu Gi-hyeok, a former game developer from South Korea who is 27 years old , coded the so-called Panmunjom Declaration to include...
The Australian and New Zealand Banking Group (ANZ) announced they would use blockchain solution to boost efficiency in the insurance industry. In a press conference on Monday, ANZ announced that they will work in partnership with technology giant IBM and financial services firm Suncorp New Zealand to make a blockchain-based platform for easier transfer of insurance payments and...
It turned out that Mastercard, one of the world's largest payment system giants , applied to get a patent on a system that would quickly add nods to the Blockchain network. MasterCard aims to increase the speed in the nods determined by this mark, as the document that can be seen on the official...
ING is preparing to prove that there are not only venture companies in the world of Blockchain cryptography. The Netherlands-based banking sector has decided to confront this innovation directly rather than following the problem from the edge and worrying about financial institutions as well as crypto users. As a matter of fact, ING Bank...
One of the country 's four largest state-owned banks , The Industrial and Commercial Bank of China (ICBC) is seeking to certify the authenticity of digital certificates and store them in an open-network. According to a patent application filed by the Chinese Intellectual Property Office (SIPO), the bank intends to use blockchain systems to increase...
Singapore 's Intellectual Property Office announced that applications for financial technologies such as blockchain -based payments were initiating an attempt to speed up the patenting process. According to a statement from the Bureau , this initiative, named FinTech Fast Track , aims to shorten the two-year patent approval process to as little as six months . The program was shared on Thursday by Low Yen Ling , the...
In a recent patent application, retail giant Walmart 'missed out on his mind ' that it was a plan to store payment data using blockchain technology. ' Both of the applications published by the US Patent and Trademark Office (USPTO) onThursday are using a blockchain-based platform aimed at ensuring the security of payment data, preventing private information from being...
Walmart Inc., the world's largest retail company, announced that it is ready to use Blockchain technology in its food division. Walmart Health and Food Safety vice president Frank Yiannas made this announcement at the MIT Technology Review's Blockchain Businesses conference in Massachusetts on Monday. Yiannas said that Blockchain had reduced the product follow-up time from...