Blockchain

6 Blockchain News this Week (6 April – 11 April)

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Blockchain: The Trail Linking Health-Tech and Insur-Tech

BirthVenue is a blockchain-as-a-service company that works with start-ups, big companies, NGOs and even governments to help them utilise & implement platforms on top of Blockchain. You may have heard the term “Blockchain” or may even have a fair idea about it. But before we get into how Blockchain is being applied, in this specific case, to the healthcare industry.

Facebook readies secretive blockchain currency for India with ex-PayPal recruits

Facebook’s blockchain unit, which was launched in May last year, now counts 50 employees and a significant number of those employees are former employees at PayPal Holdings Inc. This quasi-reunion, driven by the group’s leader, former PayPal president David Marcus, is the latest signal of Facebook’s wider ambitions to integrate payments into its platform and launch ‘stable Coin’, a type of cryptocurrency that could be announced as soon as next quarter.

Blockchain-based Solution Co-Built By Wipro and R3 to Power Digital Currency in Thailand

Wipro Limited, India’s leading global information technology, consulting, and business process services company, today announced that the company, in partnership with R3 , the enterprise blockchain software firm, has developed a blockchain-based solution prototype to enable digital currency for interbank settlements for a consortium consisting of the Bank of Thailand and eight commercial banks in Thailand. Developed as part of the first phase of Project Inthanon, the solution will enable de-centralized interbank real-time gross settlement…

Samsung Developing Blockchain based on Ethereum, To Issue its own “Samsung Coin” Token

South Korean multinational conglomerate and electronics giant Samsung is developing its own blockchain network based on Ethereum and even planning to issue its own token eventually thereafter, reported CoinDesk Korea citing a person privy to Samsung’s internal developments. Samsung’s blockchain task force, which is part of its wireless division, is building a blockchain mainnet based on Ethereum in an “internal experimental” stage, said the report.

World’s Largest Crypto Exchange Launches its Own Blockchain and Cryptocurrency

Global cryptocurrency exchange Binance, that operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume, has launched its own blockchain “Binance Chain mainnet” and Binance Coin (BNB) as the main cryptocurrency of Binance Chain, reported CCN. Additionally, Binance will also launch a decentralised exchange sometime in the next week. Aimed at supporting decentralised exchanges (DEX) with low latency and high throughput, Binance Chain will provide a more efficient protocol for…

IMF, World Bank Launch Private Cryptocurrency to Study Blockchain and Its Applications

Two economic powerhouses of the world — the International Monetary Fund (IMF) and the World Bank — have reportedly launched a private cryptocurrency to study blockchain technologies and their real-world applications, said a recent report by Financial Times. Called as “Learning Coin”, the new and private quasi-cryptocurrency project is for their staffs to understand how these popular digital assets works. The staff at the two agencies are now studying the goods and bads of digital…

Robotics to Blockchain, Game-Changing Products Unboxed at India Internet Day Launchpad

The Launchpad at TIE India Internet Day had the audience sitting on the edge of their seats, when Mitra – the Humanoid took to stage to welcome six disrupting products from India. Conceptualised by BoringBrands, #iDay Launchpad, was anchored by Rajan Anandan, Managing Director, Sequoia Capital, provided an opportunity to the curated startups for presenting their new products/services to an audience of VCs, entrepreneurs, and other prominent leaders of the industry. TiE Delhi-NCR hosted its 8th edition of India Internet Day, following the theme, ‘India Internet Unboxed: Getting ready for a 100 Unicorns’…

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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