GFT Deploys Physical Asset Platform Tracked By Blockchain Tech
LONDON, January 7, 2016 — Businesses everywhere are starting to see the great benefit of distributed ledger technology and with this popularity comes a daily announcement of companies utilizing this emerging tool. Now GFT the IT software service provider and consulting firm has announced its deployment of a blockchain-based commodities consensus platform for its clientele. The U.K.-based service believes this new tech will change the landscape within the finance sector and launches its latest project stating on its website: The company created the new application to help improve its....
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he platform targeted at combating scams advertised in video ads deploys a combination of Theta’s blockchain, Google’s BigQuery solution and Chainlink’s oracles.
Chronicled, a blockchain startup headquartered in San Francisco, has introduced an Ethereum blockchain-based physical asset verification platform that enables companies and manufacturers to register and verify physical items in an irrefutable and decentralized network. Chip companies, physical IP creators and manufacturers can authenticate embedded Bluetooth Low Energy (BLE) and Near Field Communication (NFC) chips on the Chronicled-Ethereum platform, which serves as an interoperable backend for app developers and consumers. The startup’s launch of its interoperable and tamper-proof....
Today, we have an interview with Kai Chng, founder of Digix Global, a company that aims to tokenize physical assets and make them fungible on the Ethereum blockchain in order to increase the pool of liquidity in a decentralized marketplace. Read on for more insight from Kai! Hi Kai, thanks for taking the time to speak with us today. Can you begin by telling us a little bit about yourself and what you’re doing over at Digix Global? Hello, I am the co-founder of Digix, an asset tokenization platform on the Ethereum Blockchain. Digix aims to marry the functionality and transactional utility....
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.”
Immutable Record of a Diamond’s Provenance
One of the world’s top diamond miners, De Beers, recently said it had deployed a blockchain-based diamond source platform at scale. The platform, which is known as Tracr, gives the so-called sightholders the ability “to....
NFT collectibles are blowing up, but are they a bubble waiting to pop or a revolution waiting to explode? Unique items have long been attracting collectors who are willing to pay top dollar to get them. Paintings, baseball cards, stamps, vintage cards and rare coins have all been sold at huge premiums to collectors in the past. Now, these items are moving into the digital realm, thanks to the use of blockchain technology.These items are now represented on several different blockchain networks as “unique” digital assets known as nonfungible tokens. The use of blockchain technology means....