Porsche Begins Testing Blockchain Integration With Its Vehicles

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Big things are happening over in Zuffenhausen, Germany, headquarters of Porsche. According to a Porsche press release, the automobile powerhouse is making a major push towards integrating blockchain technology into its cars. In a partnership with XAIN, a tech startup located in Berlin, Porsche is reportedly working on developing blockchain applications with its cars. Things like locking and unlocking a vehicle, parking, or even enterprise usage such as loaning out the company car to an employee are all made…

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Starbucks Could Serve Up a Blockchain Payments App

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin may be off limits, but the coffee chain is not overlooking the technology that underpins cryptocurrencies. Howard Schultz, Starbucks executive chairman and the face behind the brand, suggested blockchain could very well be part of the coffee retailer’s future, pointing to the possibility of a “proprietary digital currency integrated into our application.” He told Fox Business: “I think blockchain technology is probably the rails in which an integrated app at Starbucks will be sitting on top…

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Taiwan’s New Central Bank Chief Talks Blockchain for Payments

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Taiwan’s incoming central bank chief has revealed the bank will explore blockchain applications in its operations including payments. Speaking this week during a ceremonial swear-in, Taiwan’s new central bank governor Yang Chin-long said the authority will embrace new technologies while proactively researching and adopting innovations in artificial intelligence (AI), big data and blockchain technology. Yang, 64, who previously served as an economic researcher at the central bank in the 90s, pointed to the lack of impact by…

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Chinese Universities Are Pursuing Blockchain Patents

Several top-tier public universities in China are stepping up their efforts to patent some of the blockchain applications they have been developing. New data published on Feb. 23 and Feb. 16 by China State Intellectual Property Office (SIPO) highlights the efforts by institutions such as Zhejiang University, Shenzhen University and Chinese Academy of Sciences to obtain patents related to the tech. The efforts are a tangible sign of the growing interest – and investment of resources – from China’s government-funded academic institutions in the area of blockchain research and development. The moves also come…

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India’s Leading IT Body Partners Canadian Blockchain Institute for Digital Economy

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Indian IT industry trade body NASSCOM has partnered Canada’s Blockchain Research Institute (BRI) to fast-track the adoption and deployment of blockchain technology in India. India’s National Association of Software and Services Companies (NASSCOM) is collaborating with Canadian government-backed BRI to educate Indian organizations and government departments on blockchain technology as a part of a new Memorandum of Understanding (MoU) signed between the two entities. The two groups, according to Inc42, will co-invest in fosters skillsets among developers…

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ECB Unveils Instant Payment System, Claims It’s ‘Better’ than Blockchain

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. And from a central bank no less. The world is just recognizing the countless applications of blockchain technology, not to mention the speed, security and simplicity at which transactions can be completed, and Yves Mersch of Luxembourg has suggested he’s got something that can run circles around it. Mersch, an executive board member of the European Central Bank (ECB), told Bloomberg the organization is readying a new settlement system dubbed Target Instant Payment Settlement, or TIPS, for its November…

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Singapore Inks FinTech, Blockchain Pact with Indian State Government

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Monetary Authority of Singapore, the country’s central bank, has entered an agreement with the government of the Indian state of Maharashtra to jointly explore FinTech initiatives in areas including blockchain technology. Signed on Monday in India, the new cooperative pact sees a Memorandum of Understanding (MoU) between the two government entities to explore joint innovation projects that will see the application of financial technologies including blockchain, digital and mobile payments and big data. The MoU’s terms…

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Blockchain Technology and Data: Identity, Storage, Exchange

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The age of big data isn’t a “new” period per se, but rather an ongoing game of fire first, aim second. Data has proven to be quite the valuable commodity, with major blue-chip business models being built on its exportation and processing. But what are the associated risks with relinquishing and storing so much data with centralized providers? Every day as users in a connected ecosystem, we constantly give out personally identifiable information whether it be a…

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Blockchain Vs. Inefficient Governments

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Blockchain and Market Failure If you were awake during your Intro to Micro class, you might remember the topic of market failures. Generally, markets lead to efficiency.  Market failures are situations where the market does not provide for an efficient result.  People making decisions in their own self-interest, under these circumstances, make things worse for the masses.  The fight over what is a market failure and the government’s response is the crux of economic and political debate.…

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Gaming Giant Ubisoft is Exploring Blockchain Technology

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ubisoft, a gaming manufacturer, is exploring blockchain technology as it looks beyond gaming for future possibilities, Lidwine Sauer, director of insights and trends for the lab, told IGN ahead of her DICE 2018 speech to explain the company’s strategic innovation lab’s focuses going forward. The lab analyzes trends in how the world interacts with technology and seeks ways of applying them to Ubisoft. Blockchain’s Uniqueness Blockchain offers the chance to have real digital collectibles that cannot be…

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