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How Blockchain Could Boost Global Shipping Companies Like FedEx

The recent Blockchain Global Revolution was held in Toronto Canada where the FedEx, CIO Rob Carter called on governments to integrate mandated blockchain standard for the worldwide shipping industry. He claims that this would allow authorities to better track the provenance of goods and help combat the trafficking of counterfeit items and illegal goods. So where Carter says FedEx isn’t an organisation to push for more regulatory control, he thinks that mandated blockchain standards would be incredibly helpful, as they would digitise the information-packed paper trail. “There’s an incredible amount of information moving with an international package. An incredible amount...

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IBM Advisor Believes Blockchain Could Kill the NHS

The already crippled state of the National Health Service (NHS) in the United Kingdom could be hit even more as according to a recent Computing Cloud and Infrastructure Live event, an expert and senior advisor to IBM and McKinsey & Co, John Straw has predicted that blockchain tech could see the City of London made redundant. Furthermore, he claimed that it could take personal and corporate taxes with it that help fund the UK’s health service.  Straw said: “Let’s say that somebody actually does produce a working blockchain peer-to-peer [financial] system. It’ll be a lending system that actually scales, we...

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Gaming Tech Firm Enjin Partnering Up with Blockchain for Token Transfers

The storing, trading and investment platform, Blockchain.com has just recently acquired a stake in the blockchain game tech development firm, Enjin.  🎮 Get ready to enter the gaming multiverse. @enjin wants you to own the in-app assets that you buy, not just use them. More here: https://t.co/qRUWm8tGup — Blockchain (@blockchain) 22 October 2019 The Blockchain Ventures Mangement company highlighted earlier this week that the recent move makes it the first equity investor in Enjin’s gaming tech platform, which allows tokenised in-game items to be transferred all over the Ethereum-based games designed on its platform.  The size of the investment hasn’t...

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Ethereum Blockchain Being Utilised By Microsoft For AI & Machine Learning

The Ethereum blockchain is turning out to be a popular one as engineers at the tech giant, Microsoft is now using it to democratise AI and machine learning making these typically centralised and costly systems more available to everyone. Smart contracts have the potential to profoundly impact how data is managed. They are immutable and will give developers the chance to reward users for taking part as well as contributing. Furthermore, when it comes to the Ethererum blockchain, thousands of decentralised nodes all over the world ensure that the code is always available which would essentially remove the problem of...

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Pompliano Raises $61 Million Blockchain Fund With Only 11 Investors in Under a Week

Over $61 million has been raised by Morgan Creek Digital for a new blockchain fund in order to look into opportunities using distributed ledgers. At the end of last week, the cryptocurrency asset management giant Morgan Creek addressed a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and so far, they have raised a massive $61 million from just 11 investors. As reported by CT, “The filing — a Form D, that requests an exemption for the offering — shows that the fund started its first offering on Oct. 16 and is ongoing.”...

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