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BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition – CoinDesk
What is required to move those forward, he said, is a decentralized business network.
“You really have to have common standards and common ways for cars to communicate, to identify themselves and make payments,” Ballinger told CoinDesk, adding:
“But if each auto company is trying to develop its own car wallets or its own way of paying tolls, or providing a ride sharing service, it just doesn’t work; it’s the Tower of Babel.”
Dan Harple, the CEO of Context Labs, who is working closely with Ballinger, said the new consortium’s first step will be to establish a “minimum viable ecosystem” for gaining network effect.
Source: BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition – CoinDesk, Ian Allison, May 4, 2018
Read MoreThis is a Private Blockchain
This is a private blockchain. Some people may try and tell you your competitors will see all your business transactions. They might scream about your suppliers and your costs, your customers, and their special pricing. They might say it in front of your board of directors. You might even start to believe that everything is in public view. But it’s not true. This is Hyperledger Fabric. Bring your Q&A to Startup Breakfast Club.
Inspired by CNN’s Facts First
Read MoreThis is a Public Blockchain
This is a public blockchain. Some people might try and tell you it does not work without Bitcoin. They might scream Bitcoin, Bitcoin, Bitcoin over and over and over again. They might say it in front of the House of Commons. You might even start to believe that you need Bitcoin. But it’s not true. This is Ethereum. Bring your Q&A to Startup Breakfast Club.
Inspired by CNN’s Facts First
Read MoreIBM introduces a blockchain to verify the jewelry supply chain | TechCrunch
“Now we can share this [data] in a permissioned network and we can be sure it’s accurate,” he (Jason Kelley, the GM of blockchain services at IBM) said.
The notion of the permissioned blockchain is an important one here. It means that you have to be allowed on the blockchain to participate, and everyone on the blockchain has to agree to let any members on. “That’s what exciting with TrustChain. Each point in the supply chain has bought into the consortium,” he said.
Source: IBM introduces a blockchain to verify the jewelry supply chain | TechCrunch, Ron Miller, April 26, 2018
Read MoreBlockchain will speed up overseas shipping | The Star
A.P. Moeller-Maersk A/S, the world’s largest container shipping company, is enabling real-time tracking of its cargo and documents using blockchain. Four years ago, it found one shipment from Kenya to the Netherlands was held up 10 days just by paperwork.
Source: Blockchain will speed up overseas shipping | The Star, Kyunghee Park, April 20, 2018
Read MoreMarsh Collaborates With IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance
Since proof of insurance is a key business requirement in many industries, this blockchain solution opens the door to creating a network of networks to provide verification on a much broader scale.
Source: Marsh Collaborates With IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance, April 16, 2018
Read MoreTravel industry eyes blockchain potential for fees, delays, lost bags
Reducing commission fees, which can reach up to 25 percent of the price of a hotel room for example, is an ongoing battle, as is access to customer data, with some airlines complaining that they don’t get passenger contact details from third parties, crucial when delays occur.
Source: Travel industry eyes blockchain potential for fees, delays, lost bags Victoria Bryan, Reuters | April 10, 2018
Read MoreHow blockchain could solve the internet privacy problem | Computerworld
“I don’t believe there’s a ton of people who are suddenly going to wake up this summer and say, ‘I need to download a self-sovereign identity wallet for my phone,’ ” Windley said. “What’s more likely to happen is they’re going to go into their bank or credit union and they’re going to say, ‘We have this new way of logging into your account.’ You’ll download an app.”
Behind the scenes, the bank and customer will exchange non-correlatable identifiers; they’ll simply scan a QR code and will be signed up for the new identity service.
“Later on, they’ll see that as an [icon] on their phone,” Windley said.
Source: How blockchain could solve the internet privacy problem | Computerworld, Lucas Mearia, Computerworld | April 9, 2018
Read MoreIBM launches starter plan for start-ups to build blockchain projects | CNBC
IBM’s blockchain starter plan is currently in beta testing mode, and is free for developers to use until commercial release. The firm did not disclose how much the product would cost once it is fully released.
Source: IBM launches starter plan for start-ups to build blockchain projects | CNBC, Ryan Browne| March 21, 2018
Read MoreFord to Use Cryptocurrency for Inter-Vehicle Communication System | Bitcoin
The CMMP tokens are used to validate and authorize a transaction in which, at consumer vehicle request, the merchant vehicles either occupy slower lanes of traffic themselves, or allow the consumer vehicle to merge into their own lane and pass as necessary. The participating merchant vehicles gain CMMP tokens from the consumer vehicle.
Source: Ford to Use Cryptocurrency for Inter-Vehicle Communication System | Bitcoin, Samuel Haig, March 28, 2018
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