Hong Kong Uses Blockchain in Fight Against Motor Insurance Fraud

  The Hong Kong Federation of Insurers (HKFI) and CryptoBLK, a start-up based in the country, have jointly launched a blockchain-driven motor insurance platform that utilizes blockchain technology to counter fraud and ensure authenticity. The platform is known as...

Blockchain is Revolutionizing the Healthcare and Medical Industry

It does not only refer to paying your healthcare and medical bills in cryptocurrency. In fact, what it means is the adaptation of an entire industry to the blockchain. We have already seen its benefitsin a variety of sectors. Therefore, if the tech is applied to the...

Personal Data Storage: Can GDPR And Blockchain Come To a Consensus?

General Data Protection Regulation (GDPR), which entered into force in May 2018, is primarily aimed at enabling EU citizens to know how their own information is processed. According to the regulations, people have the right to request that their personal data be...

Porsche Gets Blockchain Loan Through BBVA’s Platform

BBVA is a Spanish bank and ever since it launched its blockchain platform for loans, it has always dealt with local clients. However, this time, the bank took a major leap forward and assisted Porsche Holding in loan collection. Reportedly, the company got more than...

Blockchain Developer: The Most In-Demand Skill in 2018

This year has seen the blockchain developer job become the most in-demand skill. It has grown by 33 percent over the past year, according to a report that was published by LinkedIn on emerging jobs in the U.S. According to the professional social site, listings for...

Blockchain Discussion Held During Miami Art Week

We might think of cyberpunk artwork when someone uses art and technology in the same sentence, but this time the focus is on the blockchain. With the start of 2018’s fair, blockchain enthusiasts got to talk about its rising influence on the art market.   How are...

SONY TO LAUNCH HARDWARE WALLET

The research arm of Japanese technology giant Sony, recently announced the creation of a new cryptocurrency hardware wallet to compete with the likes of Trezor and Ledger Nano S — currently on the market. According to the company, the cryptocurrency wallet will use a...

Facebook Targets Indian Money Transfer Market Using Crypto

Facebook is reportedly working on a cryptocurrency money transfer application that will be integrated into WhatsApp. The service, which is set to be launched in India upon approval, will apparently target the remittances market. According to Bloomberg, WhatsApp is...

Paypal to Use Blockchain for Employee Rewards

Paypal to use blockchain for employee rewards   Big and renowned companies are always keen to incorporate innovation in every move they make. In order to follow the trend, Paypal has also launched an in-house blockchain platform. Their aim is to promote the...