Blockchain technology news

The University of Padua, the second-oldest university in the country, is trying to achieve portability of educational qualifications like a smart degree with new technologies such as blockchain. They are targeting to lessen bureaucracy, increase speed and transparency in service delivery.

The giant shoe producer New Balance Athletics Inc. announced on October 17 the roll out of an experimental trial to track the genuineness of its latest sports shoe with blockchain tech to offer reliance and attribution for each customer.

MasterCard Incorporated, an American global financial services firm and a payment processing giant, has recently declared some important principles for its work with groundbreaking innovations including blockchain technology.

The United Arab Emirates (UAE) government is considering using futuristic technologies including blockchain or distributed ledger technology (DLT) in more than half of its operations in the near future.

The German soccer giant Bayern Munich Football club has reached an agreement with a blockchain company to form a sports licensing platform. The football club plans to sell digital collectibles customized with the initials of Bayern Munich FC players using the advantages of Blockchain technology.

There is a clear green light for new experimentation with the application of blockchain and distributed ledger technology (DLT) in Lombardy, an administrative region in Italy. It will enable to track the checks conducted to protect customers on agricultural products especially beef and dairy product chains in two giant firms in the Valtellina.

Recently, the Minister of Agriculture in Italy, Teresa Bellanova, commented on innovative technologies such as cryptocurrencies, blockchain and distributed technology and their relevance to Agrifood products.

After more than a decade of blockchain being used only for Bitcoins (BTC) and other cryptocurrencies, Italy has finally realized that it can have countless applications. Now, the country is actively developing the technology-based solutions for agrifood suppply chain.

On Wednesday October 9, 2019, the United Nations International Children's Emergency Fund (UNICEF), an agency that provides emergency food and healthcare to people globally, declared its plan to create the UNICEF Cryptocurrency Fund with the aim of supporting open source technology.