Blockchain technology news

Fedor Bondarchuk, a famous Russian producer and director, will create the first blockchain-based platform in partnership with country’s top businessmen to finance film production.

Frederick Smith,  Chairman and Chief Executive Officer of U.S. Logistics giant FedEx, is more zealous on his commitment to clasping blockchain technology as one major way for the long-existing company to maintain its position in a vigorously changing digital world.

The IT Electronics giant, a South Korean multinational electronics company, LG has launched its enterprise blockchain platform that according to developers can be put into various numbers of practical use in different sectors like manufacturing and finance.

French supermarket group Carrefour announced on Tuesday that it would enlarge its food traceability system based on Blockchain technology to add eight more products by the end of this year. At the present moment, the fintech programme includes only some chickens.  

The South African Reserve Bank announced on February 13 that it is working with the Brooklyn-based Ethereum startup ConsenSys on a trial program using JP Morgan’s open source blockchain platform Quorum. It will help to deal with interbank clearing and settlement.

Microsoft has announced in an official post that the company will embrace decentralized identity systems built on blockchains such as Bitcoin and Ethereum. One of the main corporations on the financial market will support blockchain-based decentralized IDs (DIDs) via the Microsoft Authenticator app.

A new Committee concerning blockchain use has been set up by both the Gaming Standards Association (GSA) and Gaming Standards Association Europe (GSA Europe) according to an announcement GSA made at ICE Totally Gaming, where the organization celebrated its 20th anniversary.

Bitcoin and Blockchain-related jobs are becoming increasingly popular today. That’s why the issue of a relevant education is becoming a topic of interest as well.

With the emergence of blockchain, lots of industries are looking into the options it can bring about. Starting as an infrastructure solution for a virtual currency, Bitcoin, the technology then evolved into something bigger.