• Technology

    Blockchain Test Led By Australia Reached 30,000 Transactions Per Second On Amazon Cloud

    In this Paragraph, A blockchain system developed by the Australian National Science Agency (CSIRO) and the University of Sydney claims to have established a benchmark of 30,000 transactions per second during the Amazon Cloud test, as per the CSIRO’s press release on Tuesday. CSIRO’s technology arm, Data61, and the Concurrent Systems Research Group at the University of Sydney have developed the “Red Belly Blockchain” as a graduate of CSIRO’s ON Prime pre-accelerator program. Concurrent Systems Research Group and CSIRO today announced the first results of their Amazon Web Services cloud infrastructure experience. In this Paragraph, Red Belly Blockchain has been…

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    Blockchain Supply Chain From IBM And Maersk Joined By 94 Companies

    Shipping behemoth Maersk and IBM have appointed a strong crew for their worldwide trade Blockchain Supply Chain. Disclosed this week, the firms have already inked up 94 companies for the platform since it was spun off in January from Maersk. They have also lastly named the new entity—TradeLens. Using a leviathan-akin scale of Maersk, TradeLens has fascinated a broad series of entities, varying from dozens of customs authorities and port operators to logistics firms and even competitor ocean-going operators. All these companies have been experimenting with the platform. Now that the pilot phase, TradeLens is accessible for participation via a…

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    Blockchain Investment Fund Worth $10 Million Crypto To Be Launched By Golden Gate Venture

    Venture capital firm, based in Singapore, Golden Gate Ventures, is launching a $10 Million fund for cryptocurrency and Blockchain Investment firms, Reuters reported on August 10. Golden Gate Ventures (GGV), one of the largest venture capital companies in Southeast Asia, will invest in start-up companies, comprising companies of cryptocurrency, security service providers, and technology startups-based Blockchain Investment in Southeast Asia with the help of LuneX Ventures fund. The local technology platform e27 reports that the fund was introduced through collaboration with the former growth heads of GGV, Kenrick Drijkoningen, and GGV. Drijkoningen told E27 that LuneX Ventures had a robust…

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    Blockchain Consortium Emphasized On Insurance Will Be Assisted By Deloitte For Canada Expansion

    According to an announcement published, Deloitte, a Big Four audit and consulting firm will assist The Institutes RiskBlock Blockchain Consortium Emphasized On Insurance to develop in Canada. In this Paragraph, The RiskBlock Alliance is a North American consortium that in 2017 that focuses on the application of blockchain technology in the insurance sector with more than 30 participating organizations. However, The alliance will try to introduce blockchain-based applications, comprising an insurance certificate application, which is a process for sharing data with first losses, and a subrogation tool based on smart contracts. In the coming months, Deloitte will assist the RiskBlock…

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    Blockchain Bond Trial Of World Bank Raised $81 Million

    In this Paragraph, The World Bank has surpassed its target of $ 73 Million for its next Blockchain Bond Trial by $8 Million, according to a new announcement. As previously reported by CoinDesk, the Australian Commonwealth Bank (Comm Bank) aims to the bond settlement, named bond-i, on Tuesday, the first time the World Bank to reconcile a bond based on the blockchain. In this Paragraph, Although the bank said it would reconcile AUD $ 100 million. It also reported on Friday that had already raised around AUD $110 million which is about $81 Million U.S. Participating Investors in Bonds include QBE…

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    Blockchain-Based Platform Reveals AI Chatbot To Help Students Succeed Critical Exams

    The latest platform (AI Chatbot) from Õpet uses artificial intelligence (AI) and blockchain to deal with the rising class divide in education. It will help students to get access to equal education prospects and unchain their full capability. Õpet proclaimed that it addresses the puzzlement and nervousness that teenagers face after the completion of their high school education. At the same time, the company wants to present numerous advanced revision techniques to assist these students to get the best ranking possible in crucial exams. The latest techniques will offer a broader range of choices when students are considering their initial steps.…

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    Blockchain-based Ecological Network, BodyOne Functioning To Strengthen The Fitness Segment

    In this Paragraph, As the first blockchain-based fitness network, BodyOne realizes the value of the integration of resources and data in the fitness industry using blockchain technology. Its way of playing is an initiative in the industry. Exercise is a mining activity and token owners sharing benefits is the heart of the application of its fitness scenes. Starting from the spinning cycles that function with blockchain-supported smart chips, BodyOne can accumulate data through a smart data and contract model, converts burned calories directly into tokens while in the workout, upload data, and execute the value of the transaction to develop…

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    Binance, Oasis Labs Alliance To Introduce A Startup Hub For Blockchain

    Oasis Labs, a blockchain cloud computing platform, announced a partnership with key names in the field of cryptocurrency and Startup Hub For Blockchain For the introduction of a blockchain technology hub named Oasis Startup Hub, said the company in San Francisco Blockchain Week. The Oasis Startup Hub For Blockchain, company press release aims to create an ecosystem for the collaboration of developers, investors, technicians, and key players In the industry as well as technical support by Oasis Engineering Labs and quick access to the newest Oasis technological failures. Key partners in the new hub blockchain 16zCrypto, a crypto venture capital…

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    Best Tips for Data Security

    In this Best Tips for Data Security Blog by Tech QY, If you are running a business and looking forward to getting palpable results from your efforts while not letting things spiral out of control, then instead of being bogged down with only a couple of things, you will have to look at the bigger aspect of your business. However, in the modern era, managing a business has become really tough as the competition in every industry domain is proliferating at a very fast pace and this is what makes things go haywire for business owners. Also, In order to…

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    Barclays To Host Blockchains Hackathon To Assist Contracts Processing In Derivatives Market

    Barclays, the U.K. banking behemoth, is challenging Barclays To Host Blockchains Hackathon developers to assist refurbish the worldwide derivatives market next month at a hackathon. Disclosed to the media this week, DerivHack will take place at Barclays’ Rise accelerator spaces at the same time in New York and London on September 20 and 21, 2018. The ISDA (International Swaps and Derivatives Association), Thomson Reuters, and Deloitte are co-sponsoring the hackathon. Those participating will apply ISDA’s CDM (Common Domain Model), a set of data standards and processes, employing their choice of DLT (distributed ledger technology) platform to competently model derivatives contracts’ post-trade processing. CDM…