TagHyperLedger

Mass Adoption is Coming: The Biggest US Automaker Turns to Blockchain to Help Save Millions in Identity Theft

General Motors, blockchain

General Motors Financial has partnered with blockchain company Spring Labs to help reduce identity theft. It's a move that could potentially save the car maker millions of dollars in fraud costs. As CCN previously reported, 95% of carmakers expect to use blockchain technology in the next three years, but General Motors is leading the pack. The partnership will see GM Financial, the finance branch...

Swiss National Postal Service and Telecom Leader to Build Blockchain Platform

Swiss Post Modum

Swiss Post and Swisscom will take advantage of their trusted reputation in Switzerland to create a blockchain platform for use by themselves and others that will be based on Hyperledger Fabric2. Swiss Post is publicly owned and the country’s second largest employer. It already uses blockchain technology to record temperature data while transporting pharmaceuticals in the national postal network...

Huawei Cloud Announces Global Launch of its Blockchain Services

huawei us-china trade war

Huawei Cloud, the cloud services arm of Huawei Global, has announced the launch of its Blockchain Service (BCS), according to an official press release. The BCS was launched for commercial use in China earlier this year, and it is now available to a global audience on Huawei Cloud’s international website. The service allows global entrepreneurs and developers to create, deploy and manage...

Hyperledger & EEA: The Two Biggest Blockchain Consortiums Join Forces

ethereum Blockchain EEA

In a significant move to propel the adoption of blockchain technology in the enterprise sector, two of the largest blockchain consortiums in the industry have announced their formal collaboration. The Enterprise Ethereum Alliance (EEA), a consortium that sees over 300 members working to leverage open-source Ethereum technology for blockchain solutions in enterprise and Hyperledger, a cross...

American Express is Eyeing Blockchain for a Proof-of-Payments System

American Express

Credit card giant American Express has filed a patent application for blockchain-based proof-of-payment technology. American Express isn't an institution unfamiliar with blockchain. Throughout the past few months, we've seen the financial services company support the blockchain very publicly. Just recently, the company deployed Hyperledger's blockchain technology to upgrade its Membership Rewards...

IBM Patents System That Creates Audited Blockchain 'Checkpoints'

IBM blockchain

IBM has won two patents for a system that verifies the integrity of a blockchain, certifying that it has passed certain audit requirements at particular periods in time. Both patents were approved on May 31 and are related in that they describe certified, audit-able "checkpoints." The main goal of the checkpoints is to allow businesses to satisfy regulations for data verification and retention...

American Express Taps Hyperledger Blockchain for Rewards Program Revamp

american express

American Express has deployed Hyperledger’s blockchain technology to make its Membership Rewards program more versatile, marking the first application of blockchain technology to a major U.S. financial services loyalty program. Under the revamped program, merchants will be able to create Membership Rewards offers on their own platforms to engage customers and at the same time offer card members...

Interview: Global Blockchain COO Talks Hyperledger, Stellar Lumens and Kodak Coin

Kodak KODAKCoin ICO

CCN correspondent Eric Eissler spoke with Shidan Gouran, president and COO of Global Blockchain about what the company does, Hyperledger’s role in the blockchain industry, Steller Lumens role as a link between enterprise and public blockchains, and the impact that Kodak’s ICO security token will have on the ICO securities market. Hyperledger: The Enterprise Solution Hyperledger is going to...

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