Wanxiang Blockchain and PlatON Launch Consortium Blockchain Infrastructure to Meet the Needs of Data Sensitive Businesses

Counting Minsheng Life Insurance as one of its partners, PlatONE is aimed at the financial services, supply chain, and logistics sector   Beijing, China –  Wanxiang Blockchain, a non-profit research institution focusing on blockchain technology, and PlatON, the pioneering global privacy-preserving computing network announced the launch of an open-source consortium blockchain infrastructure, PlatONE. PlatONE addresses the existing inadequacies in today’s blockchain infrastructures and provides greater security, scalability, and privacy for data sensitive industries looking to gain the benefits of blockchain. With its emphasis on privacy-preserving computing and efficient, optimised consensus,…

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Blockchain is the next big thing going for the auto industry

Throughout the globe, many automobile executive and leaders solemnly believe that blockchain is going to quickly take over the automobile industry. As per a study, it was indicated that this change may just take three years.   However, today, the car industry is still in its infancy in terms of blockchain implementation. In addition, a research posted by IBM in collaboration with Oxford Economics suggests that blockchain shows a lot of promise and potential to solidify and increase value for automobile customers as well as propel collaboration amongst businesses as…

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Blockchain pilot success can streamline Shipping

The blockchain is disrupting various industries, one of them being the Shipping Industry. The parent company of Anheuser-Busch, shipping container firm APL, logistics company Kuehne+Nagel, and a European customs organization recently participated in a pilot with consultancy firm Accenture, to test blockchain for global shipping uses.     The results “confirmed that blockchain can reduce operating costs and increase supply chain visibility,” according to Accenture – Read Full article here     Not only is the blockchain proving to be valuable in the shipping industry, devices connected to the internet…

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