The Defense Sector is Showing Interest to Utilize Bitcoin’s Technology

The Defense Sector is Showing Interest to Utilize Bitcoin’s Technology   Government agencies are looking further into adopting blockchain technology and bitcoin. They hope to commandeer these protocols in order to protect the military from mass-hacking campaigns, counterintelligence, and otherwise hostile attacks on their systems. The Pentagon has especially shown recent interest in using cryptographically-guarded blockchains to…

Alibaba Deploys Blockchain to Secure Health Data in Chinese First

Alibaba Deploys Blockchain to Secure Health Data in Chinese First Alibaba is partnering with Chinese authorities to launch the country’s first application of Blockchain technology in the medical sector. Taking place in the city of Changzhou, Ali Health will work with local government to use Blockchain to secure data in a pioneering approach. “Ali Health’s Blockchain technology connects…

New Consortium Forms in Japan to Investigate Blockchain Use Cases

New Consortium Forms in Japan to Investigate Blockchain Use Cases   Japan’s largest IT services firm, NTT Data, has announced a new consortium aimed to investigate use cases for blockchain technology. According to the company, the initiative so far includes 13 different companies drawn from the financial, logistical and trade industries. Notable participants include Mizuho Financial Group,…

Russia is Working Towards Standardization of Blockchain Technologies

Russia is Working Towards Standardization of Blockchain Technologies   Russia’s national standards authority is working toward the standardization of blockchain and distributed ledger technologies. Russia’s Federal Agency for Technical Regulation and Metrology, also known as Rosstandart, has announced the formation of a new technical committee tasked toward the standardization of “the software and hardware of…

Russia’s Health Ministry is Exploring Feasible Use of Blockchain

Russia’s Health Ministry is Exploring Feasible Use of Blockchain   The Russian Ministry of Health is working with one of the country’s state-owned banks to explore possible uses of blockchain. Vnesheconombank (VEB) revealed the partnership last week, which will see the development bank and the Health Ministry exploring how the tech could be used to exchange patient…

State of Illinois is Organizing a Blockchain Pilot Program to Streamline Medical Licensing

State of Illinois is Organizing a Blockchain Pilot Program to Streamline Medical Licensing   The state of Illinois is expanding its work with blockchain, launching a pilot program aimed at applying the tech to the medical licensing process. As reported last year by CoinDesk, the state unveiled a wide-ranging blockchain and cryptocurrency initiative last November. Illinois has…

Sony Exploits Blockchain Technology to Create Data Recording System for Academia

Sony Exploits Blockchain Technology to Create Data Recording System for Academia   Sony Corporation and Sony Global Education (SGE) have created a system to apply blockchain technology to education. The system centralizes managing data from multiple institutions, allowing them to reference and record data and digital manuscripts. The system makes it difficult to falsify information and controls access…

Banking Centric Blockchain Consortium R3 is Close to Launching Commercial Product

Banking Centric Blockchain Consortium R3 is Close to Launching Commercial Product   Global banking blockchain consortium R3 is close to launching its first pilot commercial product to the market. New York-based blockchain firm R3 works with more than 80 banks and other financial establishments to develop the technology in financial services. Set up 2015, R3…

Bank of America Applies for Three Patents Focused on Blockchain Data and Identity Authentication

Bank of America Applies for Three Patents Focused on Blockchain Data and Identity Authentication   Bank of America has filed three new blockchain-related patents geared towards data authentication and identity verification. The new patents are the latest in a growing number of blockchain patents filed by the financial services giant. Financial services company Bank of…

Blockchain Technology Can Play a Role in Managing Aircraft Assets

Blockchain Technology Can Play a Role in Managing Aircraft Assets   Bas de Vos, director of IFS Labs, thinks blockchain technology has an untapped market in managing commercial aircraft assets, according to MRO-Network.com. There are disparate systems for managing assets among manufacturers, operators, transporters and maintenance groups, he said. The lack of standardization results in limited traceability, and…