According to local news reports, the Chinese shipping giant CSICL (China Shipbuilding Industry Company Limited) is planning to explore how Blockchain technology can be applied to upstream supplier financing.
Cryptocurrency Market Updates
The top US energy provider Ameren and software engineering and solutions firm from Canada Opus One Solutions are teaming up to explore using Blockchain technology as one of the options in a clean energy initiative. The announcement was made on March 28 via a press release.
The trade finance Blockchain that has been developed on R3’s Corda platform Marco Polo has seen its first two live trades. The trades were announced on Thursday, and the transactions took place between two companies from Germany – Voith and KSB SE.
The World Bank has also joined the ranks of organizations criticizing Blockchain technology, however, this time, it is warning people about the technology’s role in land rights.
According to the co-founder of the Ethereum network Vitalik Buterin, the cryptocurrency community needs to evolve beyond the individualism seen in its early days. He said that the community needs to how harness this technology to create new systems that are equitable and have a positive social impact.
BMW, Intel, and Neilson have now become corporate partners with Tribe, the Singaporean government-backed Blockchain accelerator. The news was announced by Tribe Accelerator on Friday.
UPS, which is hailed as the world’s largest shipping giant based in the U.S., has revealed new blockchain integration. Apparently, it is heavily focused on bringing B2B (business-to-business) sales straight into the digital age. The integration was announced by the company after it officialised a partnership with an e-commerce platform called Inxeption.
According to local news reports, Mercado Livre, the biggest e-commerce company in Latin America, has banned all cryptocurrency related ads on its platform. This company has overtaken Amazon.com has the largest online retailer in the region.
US-based hedge fund and market prediction startup Numerai (NMR) has managed to raise $11 million via an ICO (initial coin offering). This ICO, according to the company’s tweet on March 21, is for the launch of its project, which is called Erasure.
The CCD (Cheollima Civil Defence), a political dissident group in North Korea, is selling ETH (Ethereum) based visas to enter the country after it is liberated. According to the group’s website, CCD has 200,000 anonymous Blockchain based visas which will be issued to people who wish to visit Free Joseon once it is liberated.