Fintech revenues derived from supporting insurance industry likely to reach nearly $235 billion globally by 2021

  A new market report from Juniper Research predicts that fintech platform revenues derived from supporting the insurance industry will reach nearly USD 235 billion globally by 2021, which is up 34% year-on-year from an estimated USD 175 billion in 2016. Machine learning investments enabling insurance providers to personalise products;

Why the auto industry should embrace Blockchain

Technical innovations happen constantly in small and big ways across our modern society, but relatively few breakthroughs ever have far-reaching impact. Consider Wi-Fi and the smartphone, to name a couple. Increasingly, savvy observers are adding blockchain technology to the list of creations that could transform our universe. Decidedly a hot

How blockchain and virtual reality can make for surprisingly natural bedfellows

  If you take a look at Gartner’s most recent hype cycle for emerging technologies, blockchain sits astride the peak of the cycle, while virtual reality (VR) is off in the distance on the ‘slope of enlightenment’. Yet these two seemingly disparate technologies, both with different temporal outlooks, have a

Hyperledger blockchain project reaches 100 member milestone

    The Hyperledger Project, a blockchain-based collaboration, has announced it has reached the milestone of 100 active members, including six new companies.   The six companies, Altoros Americas, Beijing Botuzongheng Science & Technology, Chamber of Digital Commerce, Shanghai Gingkoo Financial Technology, Sinolending and ZhongChao Smart Card Research Institute, will

IBM and Mahindra aim to reinvent supply chain finance through new blockchain solution

      A new blockchain solution has been developed by IBM and India-based Mahindra Group that is capable of reinventing supply chain finance across the country by enhancing security, transparency and operational processes, the companies claim. The cloud-based application, which is one of the first projects of its kind

Are Telecoms applications of blockchain technology ripe for innovation?

Telecoms providers continue to be kept on their toes by the emergence of new technologies, from cloud to IoT. The allure of blockchain, and a secure, distributed ledger, is causing ripples in industries outside of the traditional financial services hotbed. So how can telcos take advantage? The answer, so far,

Blockchain Conference: Blockchain Expo announces first Conference Speakers

Blockchain Conference: Blockchain Expo announces first Conference Speakers from; Commerzbank, RBS, nPower, Credit Suisse, Disney, HSBC and Innovate UK for Blockchain Expo London 2017. Blockchain conference: Blockchain Expo today announced the first confirmed conference speakers for Blockchain Expo taking place in Olympia London, 23-24 January 2017. The inaugural event will

Walmart looking at blockchain to improve food safety

  US retail giant Walmart is looking at blockchain technologies to help create a more efficient method of food safety, according to a report by Bloomberg. According to the theory, using the blockchain database will give retailers a more comprehensive overview of suppliers, warehouses, and details of how certain foods

Navigant Research assesses how blockchain is emerging in energy industry

  Blockchain is not only limited to the world of Bitcoin and financial technologies, but encompassing a number of industries including utilities, according to a new report from Navigant Research. The report, titled ‘Blockchain-Enabled Distributed Energy Trading’, analyses the specific requirements for an energy blockchain, providing practical recommendations, case studies,

Blockchain and Coinify join hands to offer seamless Bitcoin wallet funding service

  Coinify, a blockchain payment and trading service provider, has announced a partnership with Blockchain to elimited the need for high fees, long settlement delays, untrustworthy service providers, and opaque identity verification procedures.   The partnership will allow Bitcoin users to fund their wallets with digital cash in a seamless

Babyghost offers glimpse of how blockchain can change the fashion industry

Independent fashion brand Babyghost has partnered with digital identity solution VeChain to give its 2017 products a ‘futuristic’ depth, helping to build a connection between its clients, technology, and fashion.   VeChain is part of blockchain as a service provider BitSE, whose COO Sunny Lu argues the importance of blockchain

Medici Ventures invests in SettleMint with aim to disrupt voting through blockchain

Medici Ventures, a blockchain-based subsidiary of online retailer, has announced it is adding Belgium-based SettleMint to its portfolio of investment companies. SettleMint specialises in developing software leveraging distributed ledger technology. The firm recently released an application called the ‘SettleMint Ballot Box’, which successfully demonstrates the ease, security and immutability

Chronicled’s open registry pushes blockchain for consumer IoT a stage further

Meet Chronicled. The San-Francisco based technology provider has launched an Open Registry for the Internet of Things (IoT) based on the Ethereum blockchain. Vitalik Buterin, founder of Ethereum, has expressed excitement about Chronicled using its blockchain. “Consumer IoT has always been one of the areas of blockchain adoption that I

Blockchain named by PwC and Gartner as disruptive 2017 technology

A report from Pricewaterhouse Coopers (PwC) has named blockchain as a ‘tech breakthrough megatrend’ for CIOs, while Gartner has named it as one of its top 10 strategic technologies for 2017. The PwC report aims to examine how the C-suite can begin to make sense of the various technological breakthroughs

MasterCard launches blockchain APIs for developers

Financial service giant MasterCard has launched three blockchain APIs on its developer portal in a bid to keep up with VISA. The concept of blockchain first arrived when bitcoins – the digital currency – started to gain transaction and required a public ledger for all transactions in a secure environment away

Jonathan Reichental, Palo Alto CIO: On changing CIO roles and building smarter cities

According to a recent research study from IDC, 40% of CIOs view themselves predominantly as ‘custodians of operational infrastructure’, compared to 25% who believed they were ‘business technology innovation officers’. We’ve all heard it before; CIOs need to move from being chief information officers to chief innovation officers, heavily prompted