Tag "blockchain"

Tech Mahindra and Government of Telangana Collaborate for India’s First Blockchain District

By : CIOL Bureau

The Telangana State Information Technology, Electronics, and Communication department (ITE&C) have signed a MoU (Memorandum of Understanding) with the global digital transformation provider Tech Mahindra to launch India’s first Blockchain District in the state of Telangana. The Blockchain District will

Blockchain: Transforming Global Business Transactions

By : Ashok Pandey

Blockchain has the potential to fundamentally transform how global business transactions are conducted. This technology enables the participants in a trusted business network to transact directly, while still ensuring the validity and non-repudiation of their transactions. This technology can help

Can blockchain be used in digital lending?

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Lizzie Chapman The potential for digital technology, and especially those technologies leveraging India Stack, to change the way lending is done in this market, is well understood. Paying through easy instalments or applying for loans has become a smoother process because

Securing the Blockchain ecosystem: What’s secure today may not be tomorrow

Mark Horvath Like many emerging technologies enjoying a sudden increase in popularity, there are many myths and inflated expectations surrounding blockchain — all due to an incomplete understanding of the capabilities and vulnerabilities of these technologies. Blockchain technology certainly has

EY and Microsoft Launch Blockchain Solution for Media & Entertainment Industry

By : CIOL Bureau

With an aim to streamline the costly and time-consuming processes in entertainment rights and royalties, EY and Microsoft launched a blockchain network for content rights and royalties management. When fully operational, this EY and Microsoft blockchain network will encompass thousands

Blockchain poised to disrupt healthcare and senior care stands to gain significantly

Sunny KapoorCommerce has for centuries relied primarily on two things, namely trust and verified identities. On a much more simple note, having complete trust on what is being exchanged, and who is it that’s participating and confirming it! Modern commerce

HCL Tech joins BiTA to promote Blockchain adoption in the transportation sector

NEW DELHI, INDIA: HCL Technologies has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to determining best practices and standards for Blockchain in the transportation industry. HCL will bring its deep expertise in digital technologies to the Alliance

Akamai and MUFG to build a Blockchain-based payment network

BANGALORE, INDIA: Cloud delivery platform, Akamai Technologies, together with financial group MUFG has announced plans to offer a new blockchain-based online payment network to support digital payments at unparalleled scale. MUFG and Akamai intend to leverage the technology, built and

Hashgraph looks to build on Blockchain’s limitation

Mohua Sengupta The most popular questions in the technology world today is most definitely the one on whether Hashgraph is better than Blockchain. The life and credibility of the Blockchain are being questioned and Hashgraph is being predicted as ‘the technology

Budget’18: Bitcoins not legal but Govt will explore blockchain

By : CIOL Writers 1

In a big blow for cryptocurrency, Finance minister Arun Jaitley in his Union Budget speech deemed Bitcoin and other cryptocurrencies illegal tender in India but said that the government will explore its underlying technology, i.e. blockchain. “The government does not recognise

Infosys Finacle ready to offer banks Blockchain-based trade finance solution

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BANGALORE, INDIA: Infosys Finacle today announced the global availability of Finacle Trade Connect, a blockchain based trade finance solution for banks. Typically, trade finance processes involve complex documentary processes, high transaction costs, high settlement times and low authenticity rates with

7 reasons why countries should legalize cryptocurrencies

Vishal Gupta Bitcoin’s popularity and surge in usage has not been without cons. However, some countries took it upon themselves to ban the new age currency. For example, in Vietnam, Bitcoin can be used freely by citizens but credit institutions

eMudhra to launch R&D centre in Bangalore to develop Blockchain-based tech

BANGALORE, INDIA: eMudhra today announced the launch of an R&D center in Bangalore to work in Blockchain-related technologies and to further enhance Blockchain-based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryptographic keys and this development

Microsoft looks to make blockchain enterprise-ready with Coco Framework

USA: Microsoft has announced the Coco Framework, to advance enterprise adoption of blockchain technology. Current blockchain protocol technology requires complicated development techniques to meet the operational and security needs of enterprises. The Coco Framework reduces this complexity, and when integrated

Microsoft will work with Primechain to develop Azure blockchain offerings for BFSI sector

NEW DELHI, INDIA: Primechain Technologies has selected Microsoft Azure as their exclusive cloud partner for BankChain, a platform for banks in India to explore, build, and implement blockchain solutions. As a part of this partnership, the 20 BankChain members that

Accenture Labs and Akshaya Patra collaborate to make mid-day meal program more efficient

By : CIOL Writers

Accenture and Akshaya Patra, the world’s largest NGO-run Mid-Day Meal Program, collaborated on an innovative project that used disruptive technologies to exponentially increase the number of meals served to children in schools in India that are run and aided by

Blockchain-enabled global gifting startup Easter Egg raises $400K

By : CIOL Writers

Easter Egg, a blockchain-enabled, global gifting platform that enables people to gift across the globe, has raised $400K in its initial round of funding from Wealthy Ideas. The company plans to use the funds to hire new talent. Sandeep Sangli

Cisco, Bosch, and others to develop blockchain protocol to secure IoT applications

By : CIOL Writers

Though the Internet of Things (IoT) is dramatically transforming everything from homes to factories, by making them smart and more efficient, it also poses several challenges including identifying, connecting, securing, and managing the devices. Hence, Cisco, Bosch, and several other

Throwback: Major Goof-Ups That 2016 Tasted

INDIA: What a year! Just when we thought Volkswagen has pulled off the most embarrassing and most

How digital innovation will impact IT organizations and users in 2017 and beyond

MUMBAI, INDIA: Gartner today revealed its top predictions for 2017 and beyond- taking into account the three fundamental