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Big Changes Are Happening In The Shipping Industry And It’s All Thanks To Blockchain

The shipping industry is one that has advanced considerably in some ways, but in others is actually very behind the times. It is a market that relies heavily on paper documents and a lot of them. However; this is all about to change, as a number of different shipping lines have teamed up with technology companies, and they are about to upgrade the world’s most complex logistics network. This has the potential to be absolutely massive, and could really transform the shipping industry, but there is no denying that it will cause a lot of upheaval along the way. In...

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UK Startup Will Help Traditional Businesses Integrate Blockchain Technologies

A startup company in the UK is currently in the works to develop software which will essentially help the more traditional IT systems employed by enterprise businesses to adopt to blockchain technology based systems. While there are plenty of enterprise level companies that will find it a herculean task to integrate their business models with blockchain technology based systems and many more that do not have the resources to invest in new systems entirely, Omnitude is looking to build middle-ware so that this gap in the technological world can be bridged. According to the company, they will help businesses integrate...

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Global Blockchain Summit Establishes Women In Blockchain Panel

The world of cryptocurrency has taken a great step in the right direction, by introducing women in their blockchain panel. Unfortunately, the cryptocurrency market is still incredibly male dominated, and women are often not taken as seriously in the field, so this is great news. The Global Blockchain Summit which is due to take place in Aurora on the 19th and 20th April will feature all things blockchain, hyperledger, distributed ledger, Ethereum and Fintech, but the main feature is set to be the ‘Women In Blockchain’ panel, which places much needed focus on diversity, equality, and women who are leading...

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The Blockchain Could Allow Non-EU Fintech Companies To Operate As EU Companies

Lithuania are spearheading a movement which could see some major non-EU Fintech companies establish operations within the EU, that can allow them to take advantages of less harsh regulatory systems, according to a report by FinExtra.com The plan, established in Lithuania has now received backing from the countries central bank, the Bank of Lithuania. How will this work? The idea, is to allow for access to Lithuania’s innovative regulatory system, for ‘Virtual Limited Liability Companies’. This, will allow virtual companies to exist on the blockchain, registered within Lithuania and thus, a part of EU moderating trading regulations. According to FinExtra.com:...

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El Petro Awarded For Outstanding Contribution To The Blockchain Industry

The infamous Venezuelan cryptocurrency, ‘El Petro’ or, the Petro, has been awarded the Satoshi Nakamoto Prize for an ‘outstanding contribution to the development of the blockchain industry’ by the Russian Cryptocurrency and Blockchain Association (RACIB). RACIB plays a very active role within the Russian crypto-economy and hosts various members from several blockchain companies and members of government bodies. What we should remember here is that the Petro has been covered with controversy recently, with claims that it could literally destroy the blockchain industry. The currency aims to become a legitimate, sovereign payment option to resolve Venezuela’s economic crisis. Critics claimed...

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