In this month’s issue of Applied Blockchain, Dfinity unveils their decentralized proof of concept version of TikTok, CanCan. Whilst Sri Lanka’s Central Bank kicks off the process to develop a shared  ‘Know Your Customer’ solution.

Universal ID takes a step in the right direction as leading technology, finance and non-profit companies have joined forces to announce the launch of PayID, a universal payment identification solution to simplify the process of sending and receiving money globally – across any payment network and any currency.

Supply Chain continues to be a developing space as Norwegian salmon exporter, Kvarøy Arctic,  jumps on the Blockchain bandwagon with the help of IBM.

Below is the full June 2020 issue of Applied Blockchain for you to read, download and share.

 

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APPLIED BLOCKCHAIN

June 2020 – Issue 02

 

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In this Issue

 

Growth in the Supply Chain sector has been on a slow burn with quite a number of businesses launching initiatives via IBM’s Blockchain platform.

Enabling businesses to demonstrate ownership and a product’s provenance history is a huge selling point to industries, such as Norway’s salmon exporter Kvarøy Arctic.

The impact of Blockchain is expanding across the supply chain industry to incorporate the logistics companies looking for increased granularity. India’s largest commercial port operator has teamed up with TradeLens in an effort to digitise its supply chains.

A transparent move that aims to reduce manually processes and administrative tasks which have proven costly, laborious and prone to error.

This month’s reporting has shed new light on developments and sentiment from research, conducted by Deloitte, indicating leaders no longer consider blockchain technology ground-breaking and merely promising. However the survey suggests that initial doubts about blockchain’s usefulness are fading as business leaders now see it as integral to organisational innovation.

 

Sources

Dfinity unveils CanCan: decentralized version of TikTok

Sri-Lanka’s Central Bank KYC platform to enter development

India’s largest private port operator partners with TradeLens

PayID launched as universal ID solution

Norwegian salmon exporter fights food fraud with blockchain

 

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In this month’s issue of Applied Blockchain, we see progress on Zoom’s 90-day security initiative as they announce the acquisition of Keybase – a public key cryptography encryption developer.

Italy has firmly stepped into the world of blockchain as it seeks to combat counterfeit products through the application of blockchain to authenticate goods and raw materials in the supply chain.

In May, we were also presented with further details of Visa’s ‘digital dollar blockchain patent’, as it is revealed their patent filing is for a fiat-linked cryptocurrency system using “a private permissioned distributed ledger platform.”

Below is the full May 2020 issue of Applied Blockchain for you to read, download and share.

 

APPLIED BLOCKCHAIN

May 2020 – Issue 01

 

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In this Issue

 

Privacy has quickly risen to the top of the list, predominantly driven by Zoom’s rise in popularity as their user base has grown as the world entered lockdown.

Their 90-day push for increased security on their platform has highlighted how digital services can adopt blockchain technology to facilitate end-to-end encryption.

This coincides with WeChat’s (Tencent Holdings) announcement that they will be investing nearly $70 Billion in fintech development, including blockchain, to mirror Beijing’s call for new (digital) infrastructure.

Regardless of investments in digital infrastructure, in response to a rise in demand, applied blockchain continues to find its place in large consumer facing products.

The Italian government has demonstrated its faith in blockchain technology, through a $16.2 million investment to combat counterfeit “Made in Italy” products. This project outlines the value blockchain can deliver to provide a secure ledger of intellectual property rights and the authentication of goods and raw materials through the supply chain.

Whilst this project deals in more tangible products, it demonstrates blockchain’s ability to protect the intellectual property of a brand.

And lastly, the World Economic Forum have produced a timely toolkit designed to help enterprise plan and deploy a blockchain solution. The toolkit has been created from lessons learned from over +40 global supply chain use cases –Giving readers an idea of how many use cases are already in play.

 

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