Blockchain is a technology that has the capability to streamline, supply chain, eliminate huge-amount of record-keeping, and helps to increase the revenue of the organization. Moreover, the COVID-19 outbreak has imposed a positive impact on the blockchain market, throughout the projected period. Increased adoption of simplifying the business and processes along with demand for integration of blockchain technology in supply chain management (SCM) applications is anticipated to drive the global market. Also, many government authorities across the world are adopting the blockchain technology, to reduce the COVID-19 impact. For instance, in March 2020, the Dutch government has adopted blockchain technology by tech against Corona initiative to curb the pandemic impact. Also, Tymlez the leading company in blockchain technology is freely offering services to the Dutch government for the prevention of predatory value extraction, like price gouging. Furthermore, Amid COVID-19 Situation, the U.S. government has also considered blockchain as critical service. These key factors may positively surge the growth of global blockchain, during the forecast period

This report is designed to guide leaders in strategic, operational, and financial planning over, the next upcoming years. Our report consists of:

According to the recently published report by Research Dive, the global Blockchain market is expected to register a revenue of $174.9 billion by 2027, rising at a healthy CAGR from 2019 to 2027. The report segments the global market based on the type, application, enterprise size, end-user, and region. The report provides key insights of lucrative opportunities, drivers, vital segments, restraints, and market players.

Factors Affecting the Market Growth

As per the publication of Research dive, the substantial growth of the global blockchain market is mainly attributed to extensively rising demand from BFSI ferms for the enhancement in personalized products and services of the customers. However, the dearth of expertise in the field may be projected to restrain the growth of the global blockchain, during the analysis period.

Public network segment will have exponential growth in the global marketplace

On the basis of type, the global market is classified into public, private, side-chains, and, hybrid. The public network segment will register significant revenue and is expected to witness the massive growth in the analysis period. Increased adoption of blockchain in the public sector for secure and transparent transactions may rise the growth of the segment, during the forecast period.

The Financial Services will Foresee Massive Growth

Based on the application the global blockchain market is broadly classified into smart contracts, cryptocurrencies, financial services, supply chain, video games, domain names, and others. The financial services are anticipated to surge with a remarkable CAGR, majorly due to cost-effectiveness and highly secured transactions.

Small & Medium-Sized Enterprises will be the most Lucrative

On the basis of enterprises, the market is bifurcated into Size Small & Medium Enterprise(SMEs) and Large Enterprise. The small & medium-sized enterprises will have rapid market growth during the analysis period; mainly because of Integration artificial intelligence along with an increased need for business streamlining in SMEs.

Check out How COVID-19 impact on the Blockchain Market @ https://www.researchdive.com/connect-to-analyst/317

BFSI segment is expected to be the Most Profitable segments over the projected period

Based on the end-user the market is broadly classified into BFSI, government, healthcare & life science, retail & e-Commerce, transportation & logistics, and others. The BFSI segment is expected to generate remarkable revenue, and is anticipated to grow at health CAGR, during the forecast period; mainly because of the increasing popularity of cryptocurrencies, along with it helps in rapid & secured transactions.

Regional Breakdown of the Market

Based on the region, the global market blockchain market is classified into North America, Asia-Pacific, Europe, and LAMEA. Asia-Pacific region for the blockchain market is anticipated to increase at a lucrative CAGR in the analysis period. This is mainly because of a massive transformation in digitalization such as digital wallets, smart contacts, and digital payment particularly in Japan, South Korea, and India.

The leading key players in the blockchain market include INTERNATIONAL BUSINESS MACHINES CORPORATION, Amazon.com, Inc., Microsoft, SAP SE, Guardtime, Bitfury Group Limited., Huawei Technologies Co., Ltd., Intel Corporation and, Oracle

About Us:Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

Contact us:Mr. Abhishek PaliwalResearch Dive30 Wall St. 8th Floor, New YorkNY 10005 (P)+ 91 (788) 802-9103 (India)+1 (917) 444-1262 (US)Toll Free: +1-888-961-4454E-mail: [emailprotected]LinkedIn:https://www.linkedin.com/company/research-dive/Twitter:https://twitter.com/ResearchDiveFacebook:https://www.facebook.com/Research-Dive-1385542314927521Blog:https://www.researchdive.com/blogFollow us:https://marketinsightinformation.blogspot.com/

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Latest News with Exclusive Report on the Covid-19 impact on Blockchain Market - 3rd Watch News

Blockchain is a technology that has the capability to streamline, supply chain, eliminate huge-amount of record-keeping, and helps to increase the revenue of the organization. Moreover, the COVID-19 outbreak has imposed a positive impact on the blockchain market, throughout the projected period. Increased adoption of simplifying the business and processes along with demand for integration of blockchain technology in supply chain management (SCM) applications is anticipated to drive the global market. Also, many government authorities across the world are adopting the blockchain technology, to reduce the COVID-19 impact. For instance, in March 2020, the Dutch government has adopted blockchain technology by tech against Corona initiative to curb the pandemic impact. Also, Tymlez the leading company in blockchain technology is freely offering services to the Dutch government for the prevention of predatory value extraction, like price gouging. Furthermore, Amid COVID-19 Situation, the U.S. government has also considered blockchain as critical service. These key factors may positively surge the growth of global blockchain, during the forecast period

This report is designed to guide leaders in strategic, operational, and financial planning over, the next upcoming years. Our report consists of:

According to the recently published report by Research Dive, the global Blockchain market is expected to register a revenue of $174.9 billion by 2027, rising at a healthy CAGR from 2019 to 2027. The report segments the global market based on the type, application, enterprise size, end-user, and region. The report provides key insights of lucrative opportunities, drivers, vital segments, restraints, and market players.

Factors Affecting the Market Growth

As per the publication of Research dive, the substantial growth of the global blockchain market is mainly attributed to extensively rising demand from BFSI ferms for the enhancement in personalized products and services of the customers. However, the dearth of expertise in the field may be projected to restrain the growth of the global blockchain, during the analysis period.

Public network segment will have exponential growth in the global marketplace

On the basis of type, the global market is classified into public, private, side-chains, and, hybrid. The public network segment will register significant revenue and is expected to witness the massive growth in the analysis period. Increased adoption of blockchain in the public sector for secure and transparent transactions may rise the growth of the segment, during the forecast period.

The Financial Services will Foresee Massive Growth

Based on the application the global blockchain market is broadly classified into smart contracts, cryptocurrencies, financial services, supply chain, video games, domain names, and others. The financial services are anticipated to surge with a remarkable CAGR, majorly due to cost-effectiveness and highly secured transactions.

Small & Medium-Sized Enterprises will be the most Lucrative

On the basis of enterprises, the market is bifurcated into Size Small & Medium Enterprise(SMEs) and Large Enterprise. The small & medium-sized enterprises will have rapid market growth during the analysis period; mainly because of Integration artificial intelligence along with an increased need for business streamlining in SMEs.

Check out How COVID-19 impact on the Blockchain Market @ https://www.researchdive.com/connect-to-analyst/317

BFSI segment is expected to be the Most Profitable segments over the projected period

Based on the end-user the market is broadly classified into BFSI, government, healthcare & life science, retail & e-Commerce, transportation & logistics, and others. The BFSI segment is expected to generate remarkable revenue, and is anticipated to grow at health CAGR, during the forecast period; mainly because of the increasing popularity of cryptocurrencies, along with it helps in rapid & secured transactions.

Regional Breakdown of the Market

Based on the region, the global market blockchain market is classified into North America, Asia-Pacific, Europe, and LAMEA. Asia-Pacific region for the blockchain market is anticipated to increase at a lucrative CAGR in the analysis period. This is mainly because of a massive transformation in digitalization such as digital wallets, smart contacts, and digital payment particularly in Japan, South Korea, and India.

The leading key players in the blockchain market include INTERNATIONAL BUSINESS MACHINES CORPORATION, Amazon.com, Inc., Microsoft, SAP SE, Guardtime, Bitfury Group Limited., Huawei Technologies Co., Ltd., Intel Corporation and, Oracle

About Us:Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

Contact us:Mr. Abhishek PaliwalResearch Dive30 Wall St. 8th Floor, New YorkNY 10005 (P)+ 91 (788) 802-9103 (India)+1 (917) 444-1262 (US)Toll Free: +1-888-961-4454E-mail: [emailprotected]LinkedIn:https://www.linkedin.com/company/research-dive/Twitter:https://twitter.com/ResearchDiveFacebook:https://www.facebook.com/Research-Dive-1385542314927521Blog:https://www.researchdive.com/blogFollow us:https://marketinsightinformation.blogspot.com/

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Blockchain Market: Revenue Growth, Applications Insights and COVID-19 Analysis Report - 3rd Watch News

The Blockchain in Metals and Mining market study Added by Market Study Report, LLC, provides an in-depth analysis pertaining to potential drivers fueling this industry. The study also encompasses valuable insights about profitability prospects, market size, growth dynamics, and revenue estimation of the business vertical. The study further draws attention to the competitive backdrop of renowned market contenders including their product offerings and business strategies.

The new Blockchain in Metals and Mining market research report delivers an in-depth analysis of the industry vertical and covers a comprehensive overview pertaining to market share, market size, and growth opportunities based on product type, application, manufacturers, and regional contribution.

This study specially analyses the impact of Covid-19 outbreak on the Blockchain in Metals and Mining , covering the supply chain analysis, impact assessment to the Blockchain in Metals and Mining market size growth rate in several scenarios, and the measures to be undertaken by Blockchain in Metals and Mining companies in response to the COVID-19 epidemic.

Request a sample Report of Blockchain in Metals and Mining Market at:https://www.marketstudyreport.com/request-a-sample/2563328?

Key features of Blockchain in Metals and Mining market report:

Regional Analysis of Blockchain in Metals and Mining market:

Blockchain in Metals and Mining Market Segmentation:

Americas (United States, Canada, Mexico, Brazil)

APAC (China, Japan, Korea, Southeast Asia, India, Australia)

Europe (Germany, France, UK, Italy, Russia)

Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

Overview of the regional terrain of Blockchain in Metals and Mining market:

Product types and application scope of Blockchain in Metals and Mining market:

Product landscape:

Product types:

Public Blockchain and Private Blockchain

Key factors enclosed in the report:

Application Landscape:

Application segmentation:

Metal Industry and Mining Industry

Details stated in the report:

Other details specified in the report:

Ask for Discount on Blockchain in Metals and Mining Market Report at:https://www.marketstudyreport.com/check-for-discount/2563328?

Competitive landscape of Blockchain in Metals and Mining market:

IBM, Verisk, ING, MINESPIDER, Accenture, Karuschain, Everledger, MineHub, Minexx, Blockhead Technologies and RCS Global Group

Major features as per the report:

Key features of this report are:

The key questions answered in the report:

For More Details On this Report: https://www.marketstudyreport.com/reports/global-blockchain-in-metals-and-mining-market-growth-2020-2025

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Contact Us:Corporate Sales,Market Study Report LLCPhone: 1-302-273-0910Toll Free: 1-866-764-2150 Email: [emailprotected]

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Comprehensive Analysis on Blockchain in Metals and Mining Market based on types and application - 3rd Watch News

Folgers brand coffee to use the IBM blockchain platform connecting producers to customers.

Production transparency and blockchain technology are natural partners in the transformation of supply chain management.This may seem like a business platitude written about a new corporate event, but distributed ledger technology keeps making progress with large companies.

Farmer Connect announced today that it would partner with Smuckers Folgers brand coffee to use the IBM IBM blockchain platform connecting producers to customers.A QR code will allow consumers who buy 1850 Coffee to see how it was grown and brought to the shelf.

Farmer Connect wants to eliminate inefficiencies in our food supply this means removing the middleman and third-party services, which take from the small farmers bottom line.Blockchain technology will validate the food crop, in this case coffee, to the farmer and its source location.

Will this increase coffee sales?The future is unclear; no one knows today.

Blockchain authentication and identification may not grow Smuckers profits, but it could help farmers better manage their crops directly with broader markets.In effect, this announcement between Farmer Connect, IBM and Smucker is a prototype for new blockchain ventures.

Folgers will be the first large U.S. food brand to use this service.IBM said in the announcement, Leveraging IBMs blockchain technology, consumers can now trace their coffee back to its origin on a platform designed to help increase traceability, efficiency and fairness in the coffee supply chain.

Farmer Connects website will provide where the coffee was grown, processed, and exported.Consumers can understand if the drink in their hands was part of clean water and small farm agriculture initiatives.

We know that consumers are increasingly interested in transparency in the supply chains for the products they enjoy and we have been committed to helping promote this as part of our coffee sustainability strategy, said Joe Stanziano, senior vice president and general manager of coffee at the J.M. Smucker Company. Our work with Farmer Connect and IBM not only helps connect coffee lovers to the producers who provide their favorite morning drink, it also gives them the opportunity to support these hardworking smallholder farmers and their families.

Time will tell.

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Big Coffee Sellers Use Blockchain To Connect Farmers And Customers - Forbes

The technology behind Bitcoin and other cryptocurrencies has a growing use of applications for a number of industries. Here, four experts explore the strategic business value of blockchain in finance and beyond

As blockchain enters the mainstream, what value does the technology bring?

The strategic business value of blockchain is growing.

Initially, blockchain technology powered the infamous cryptocurrency boom, giving rise to Bitcoin, Ethereum and much more.But, now the applications for blockchain technology are growing in a number of industries.

Its presence is felt more than any other in mainstream finance, where it has gained huge momentum.

Once a niche for crypto-experts and coding buffs, now big traditional institutions and even central banks are looking to blockchain as they build the foundations for the next generation of financial services, explainsDmitry Tokarev, CEO and founder, Copper Technologies.

Below, taking into account the impact of the current pandemic on the healthcare and financial systems, Tokarev and three otherexperts explore the strategic business value of blockchain in finance and beyond.

Tokarev believes that in the investment space, the rise of Covid-19 and the resulting economic turmoil has led institutional investors, from traditional hedge funds to major banks, to begin looking at cryptoassets as a hedge against the market and impending inflation.

He says: 10 years ago, a bank like JP Morgan would have been extremely sceptical of cryptocurrencies now they offer a crypto bank account.

Meanwhile in the policy space, Tokarev explains there are major steps being taken towards the adoption of blockchain technology. In the UK, the Bank of England is actively exploring how they would implement a Central Bank Digital Currency (CBDC), while some countries, like Lithuania, are already issuing crypto coins in early trials.

Blockchain is already being widely accepted and adopted, shaping the future of finance. The question now is how firms will integrate this step-change infrastructure without losing the edge of innovation or competitive advantage.

As use cases for the technology grows, every business and CTO, or equivalent, will need a blockchain guide to help them navigate unfamiliar territory. Read here

Perhaps more than any other market, the financial services industry is experiencing rapid disruption with the entrance of new players, such as neo banks and Fintechs.

To cope with the evolving needs of customers, companies mustadopt new technologies to outpace their competitors and remain relevant.

According to Marcus Treacher, SVP customer success at Ripple, the key battleground in the payments industry today lies in improving antiquated cross-border transfers.

Traditional payments processes are slow, costly and unreliable. Blockchain technology has the potential to revolutionise the current broken model by enabling faster, more transparent and cost-effective cross-border payments that can be processed in seconds, not days or weeks.

Findings from Ripples recent Blockchain Payments Report showed that 45% of respondents are already in production, piloting or close to signing with a blockchain provider.

Treacher adds: If companies move fast and adopt blockchain, they can innovate quickly, meet customer demands and enjoy a significant return on their investment.

Blockchain use cases have to be identified before the technology can be adopted. Five experts do exactly that across their respective industries. Read here

Explaining the merits of the technology,Julian Sawyer, managing director, Europe, at Gemini, says that blockchain providesa fundamentally new, more efficient, secure and immutable way to transfer value and record transactions, unaffected by borders or physical locations. These characteristics mean there are huge opportunitiesfor blockchain to revolutionise processes and systems in industries that are not currently optimised.

On implementing blockchain technology, he continues: On any wide scale and realising its strategic value whether in a consumer or business setting will depend on how effectively these specific use cases and applications are developed.

The core advantages of blockchain lie in its decentralisation, cryptographic security and immutability.

Tamara Haasen, chief of staff at IOHK, reveals that the technology allows information to be verified by the network itself and for value to be exchanged without having to rely on a third-party intermediary. Rather than there being a singular form of blockchain, the technology can be configured in multiple ways to meet the objectives and commercial requirements of particular use cases.

This means that blockchain has the disruptive potential to empower new operating models, but its initial impact will be to drive operational efficiencies and security, harnessing the power of multiple verifying computers, in multiple locations, ensuring no single point of failure, or focus for a targeted attack.Cost can be taken out of existing processes by removing intermediaries, or the administrative effort of record keeping and transaction reconciliation. This can shift the flow of value by capturing lost revenues and creating new revenues for blockchain-service providers, continues Haasen.

As an example, she points to the recent Cardano Virtual Summit 2020, where Atala PRISM was launched.

This is a decentralised identity system, compatible with any blockchain system and with the potential to give millions of unbanked people self-sovereign identities and access to a blockchain marketplace of financial and social services. The potential for blockchain to become a new open-standard protocol for trusted records, identity and transactions, is therefore very much here to stay, she adds.

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What is the strategic business value of blockchain in finance and beyond? - Information Age

Chronicled and Deloitte announced an alliance to bring blockchain-powered solutions to the life sciences and health care industry. The alliance will leverage technology and solutions powered by Chronicleds MediLedger Network, a blockchain-enabled network for the life sciences industry, to bring interoperability, security and efficiency to processes between companies in revenue management and the pharmaceutical supply chain.

Part of the new alliance between Chronicled and Deloitte includes a solution to help fight counterfeits and fraud in the medication used for the treatment of COVID-19, an issue that has increased dramatically since the start of the pandemic. MediLedgers product verification solution can enable pharmacies and hospitals to authenticate high risk or suspect products. It works through a barcode scan that validates product data against the original manufacturers data. MediLedger already enables verification by pharmaceutical wholesalers for more than 95% of drugs being re-sold in the US and is among the first blockchain-based solutions deployed in commercial use around the world.

Recommended AI News:XcelHR Now Offers Performance Management Services

Chronicled has the potential to radically reshape the way product is tracked and managed within the health care ecosystem, saidDavid Carlson, managing director, Deloitte Consulting LLP, and leader for the Chronicled relationship. As the life sciences industry moves quickly to get innovative therapies to market during this critical time, stakeholders are looking for solutions that enhance pricing transparency while creating an efficient mechanism to exchange product use and financial information. Chronicled is an important player in the effort to better collaborate across the value chain and Deloitte is well positioned to drive large scale industry transformation.

Recommended AI News:Yellowbrick And Nexla Partner To Deliver Robust Data Operations And Analytics

In addition to product verification on MediLedger, Chronicled will launch a second solution this summer called Contracts & Chargebacks aimed at eliminating disputes, improving cash flow and identifying revenue leakage in the chargeback process between manufacturers, distributors and group purchasing organizations. MediLedger can enable significant improvements to these processes, helping companies transact and share data with each other and avoid delays, inaccuracies, poor customer service and lost revenue.

Chronicled is pleased to be working with Deloitte to offer the MediLedger Network to the health care industry, most importantly to do our part in the fight against COVID-19, saidSusanne Somerville, CEO of Chronicled. CombiningChronicleds innovative product verificationand contracts and chargebacks solutions and Deloittes deep experience with implementation and the complexities of these business processes, we have the ability to create tremendous value for the industry and the world.

Recommended AI News:WeRide Chooses WekaIO To Manage Its AI Data Pipeline

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Chronicled and Deloitte Ally to Accelerate Blockchain in the Life Sciences - AiThority

A report published by the World Economic Forum, or WEF, highlighted the critical role of fourth industrial revolution technologies. New technologies like blockchain could help stimulate growth by implementing nature-positive solutions following the COVID-19 outbreak.

According to the Future of Nature and Business study shared with Cointelegraph, nature-friendly solutions could have the capacity to create 395 million jobs and generate $10.1 trillion in business opportunities by 2030.

Inger Andersen, United Nations Under-Secretary-General and Executive Director of the UN Environment Program, commented on the matter:

As we enter into a historic decade of action to halt and reverse biodiversity loss by 2030 and address climate change, business has a critical role to play in environmental stewardship of our planet. They have the technology, innovation and financing to make the shifts we need towards increased investment in natures infrastructure and nature-based solutions.

Blockchain technology could contribute to a $365 billion savings by reducing food waste in the food supply chain.

Pilot programs were launched in Benin, Ghana, India, and Rwanda. Their results suggest that relatively low-cost storage techniques and handling practices can reduce post-harvest food loss by more than 60%. They can also raise smallholders incomes by more than 30%, the report claims.

One example that the WEF puts forth in the study is the IBM Food Trust. This project has already started to implement blockchain-based supply chains with partners like Walmart, Tyson Foods, Nestle, and others.

The report further elaborates that blockchain applications in energy and mining supply chains could generate an opportunity worth $30 billion in 2030:

Blockchain applications could grow rapidly over the coming decade, particularly in precious gems, diamonds, tin, tungsten and cobalt (...) Economies of scale will enable companies to unlock significant cost savings from initial blockchain investments, eliminating the need for costly materials verification processes.

The report notes that innovations such as additive manufacturing, precision forestry, and blockchain in energy and mining supply chains can enable a nature-positive pathway by supporting both value creation and conservation goals.

The WEF called to scale blockchains potential to help create $3.5 trillion of value in energy and extractive systems.

Excerpt from:

Blockchain Could Help to Boost Global Jobs Creation - Cointelegraph

The New Report Titled as Blockchain in Education Market published by Reportspedia, covers the market landscape and its evolution predictions during the forecast period. The report objectives to provide an overview of global Blockchain in Education Market with detailed market segmentation by solution, security type, application and geography. The Blockchain in Education Market is anticipated to eyewitness high growth during the forecast period. The report delivers key statistics on the market status of the leading market players and deals key trends and opportunities in the market.

Request For Free Sample Report: @ https://www.reportspedia.com/report/business-services/2015-2027-global-blockchain-in-education-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/58050#request_sample

This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the Global Blockchain in Education Market are:

odem.ioOracleDISCIPLINAIBMLiveEduRecordsKeeperOpen Source UniversityBlockcertsGilgameshLearning Machine

The Blockchain in Education Market for the regions covers North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional breakdown has been done based on the current and forthcoming trends in the global Blockchain in Education Market along with the discrete application segment across all the projecting region.

Ask For Discount: https://www.reportspedia.com/discount_inquiry/discount/58050

The Type Coverage in the Market are:

Credentials VerificationExpanding MOOCsDigital Rights ProtectionOpen Source UniversitiesSchool Assets Tracking & ManagementOthers

Market Segment by Applications, covers:

UniversityPersonnel RecruitmentsDigital Rights ManagementOthers

Some Major TOC Points:

Chapter 1. Blockchain in Education Market Report Overview

Chapter 2. Global Blockchain in Education Market Growth Trends

Chapter 3. Market Share by Key Players

Chapter 4. Blockchain in Education Market Breakdown Data by Type and Application

Chapter 5. Market by End Users/Application

Chapter 6. COVID-19 Outbreak: Blockchain in Education Industry Impact

Chapter 7. Opportunity Analysis in Covid-19 Crisis

Chapter 9. Market Driving Force

Continue for TOC

Do you want any other requirement or customize the report, Do Inquiry Here: https://www.reportspedia.com/report/business-services/2015-2027-global-blockchain-in-education-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/58050#inquiry_before_buying

Key questions Answered in this Blockchain in Education Market Report:

What will be the Blockchain in Education Market growth rate and value in 2020?

What are the key market predictions?

What is the major factors of driving this sector?

What are the situations to market growth?

Major factors covered in the report:

Global Blockchain in Education Market summary

Economic Impact on the Industry

Blockchain in Education Market Competition in terms of Manufacturers

Blockchain in Education Market Analysis by Application

Marketing Strategy comprehension, Distributors and Traders

Study on Market Research Factors

Table of Content & Report Detail @ https://www.reportspedia.com/report/business-services/2015-2027-global-blockchain-in-education-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/58050#table_of_contents

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Blockchain in Education Market Research Analysis Including Growth Factors, Types And Application By Regions From 2020 To 2027 - Cole of Duty

VALLETTA, Malta, July 20, 2020 /PRNewswire/ --OKEx(www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has finished its Beacon Program- European Edition, which provided three masterclasses by prominent players in the cryptocurrency space and individual mentoring from top OKEx executives, including CEOJay Haoand Director of Financial MarketsLennix Lai.

Made up of a total of six participants with varying degrees of experience in cryptocurrency, the Beacon Program aimed to further education in the blockchain space and provide European participants- particularly hard-hit by the coronavirus pandemic- with the opportunity to explore crypto and blockchain in greater depth and even consider a new career path.

The first class of the series was given by Crypto 101's Matthew Aaron and Dani Ansalem, which offered a basic introduction to cryptocurrency, what to look at when investing in it, how to buy and store it, and other important factors to keep in mind. The second class by CNBC Crypto Trader's Lindsay Joo covered the ICO mania, with a particular focus on South Korea and on encouraging participants to examine the real utility of blockchain in a project at the time of investing.

The final masterclass was given by OKEx's very own Lennix Lai and took participants a little deeper into cryptocurrency, exploring the issue of tokenomics and why tokens make a far better form of equity than shares.

The feedback from participants was extremely encouraging, with one student, Phillip Taffley, commenting, "I found the Beacon Program very beneficial, and I am very grateful for being given the opportunity to be part of it." Beyond the masterclasses and daily news briefings, the program also provided mentorship, which Taffley received from Lennix. Taffley said, "As a newbie to the industry this aspect of the course was of particular interest. It helped me gain a good foundation upon which I built a wider understanding by conducting my own research."

One of Jay's mentees, Dmytro Sokoliuk, told OKEx,"Mr. Jay Hao gave me individual advice and said, 'You can think about what you're good at and interested in. For the topics of writings videos, etc., it's always good to focus on what's new in the crypto industry and give your own insights toward it.' Thanks to his words, I know that I'm moving in the right direction. [] I want to say an individual 'thank you' for each of the lectors and for having Jay Hao as a mentor."

For their part, the Beacon Program teachers also found the experience enriching. Lindsay Joo told OKEx that she was honored to be included in the program, saying that giving her class was both fun and rewarding, while Matthew Aaron was extremely upbeat, saying that he found the experience very enjoyable. "I love this stuff!" he enthused.

Jay concluded by saying,"We're extremely pleased with this first initiative of the Beacon Program masterclasses and mentorship. Overall, we found it a valuable experience and are encouraged by the feedback from the participants. Their comments are positive and have also highlighted ways we can improve the program in the future if we run a second edition."

Lennix added,"It was a privilege to share my knowledge with such motivated and ambitious participants. I would also like to say thank you to Lindsay and Matthew for giving their time and helping us make this a success."

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading- including futures, perpetual swap and options- of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

SOURCE OKEx

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OKEx Wraps Up Its Beacon Program Furthering Education in the Blockchain Space - PRNewswire

Blockchain has come a long way since I first entered the space in 2011. Back then, altcoins were all just forks of Bitcoin, the same code with some cosmetic differences here and there. These days, we have multiple generations of blockchain with entirely different systems, each with varying and exciting capabilities. There has been a huge amount of evolution in the space, from first generation blockchains like Bitcoin, to second generations which can support smart contracts such as Ethereum and Tezos, to the third generations which are characterised by high degrees of protocol-level, participatory governance that is extended to dapps and DAOs like Cardano and Telos. But along the way some seem to have forgotten that we work best as an industry when we work together.

Current discussions often focus on which blockchain is likely to triumph over the others. This is understandable, given the way in which this still very young industry has seen Bitcoin and subsequently ethereum come to dominate the adoption race for first and second generation blockchains, respectively. However, taken too far in the opposite direction, we could be shooting ourselves in the foot. If we do not prioritise and research how we can ensure blockchains can operate in the same space and talk to each other allowing end users to not have to lock themselves into a single, native blockchain system,we are hindering the growth of our industry.

Blockchain partnership vs blockchain competition

Partnerships are not a new idea. In fact they have become a common thread over the years in many major technological innovations; from Apple and Microsoft teaming up to design a mobile operating system, to Samsung and Sony agreeing to share research and development costs to design flat screen LED televisions. It is naive to assume that one individual company holds all of the answers. We have over 5000 cryptocurrencies currently in operation, running on a number of distinct blockchains. We tend to have a maximalist view that only one is necessary, but this does not take into account the fact that the variety of these capabilities and functions could be complimentary, if we can find a way for them to work together.

This is something that we have been researching extensively at IOHK over the last four years. We have examined the solutions which already exist, such as the Color Coin standard, ERC20, as well as researching and building our own Proof- of-Stake sidechains, and cross-chain communications. Indeed, we are now at a point where we can take Cardano from a single- to a multi-asset ledger. In practice, this means we are able to build the functionality required for cardano to act as the framework for an internet of blockchains, where disparate systems are able to transact with each other, and transfer value and information. With this in place we can finally see the blockchain industry maturing to a point where end users are no longer locked into a proprietary, single blockchain standard.

The initial vision of there being a one size fits all blockchain solution, where all transactions, smart contracts,and other functions are performed on a single chain has passed its sell-by date. It is now clear that this is not a practical way to look at things different blockchain platforms will inevitably have different strengths and use cases, meaning that they should be able to work together, rather than operating completely separately. This is why interoperability is increasingly becoming not just a nice-to-have, but an essential component in the growth of our industry.

Innovation is already underway. For example, we have been talking to Litecoin about NiPowPows, one of our ideas. NiPowPows can give us a succinct proof that coins both exist, and have not been double spent. If other chains adopt this, then when you see transactions coming from chains which are NiPowPow compliant, you can immediately issue a transaction from any given network into the Cardano network. Once it enters the network, it becomes wrapped, creating both ada and a separate asset in the system, which can be used as fuel for computation within Cardano itself. This means that a coin like Litecoin can suddenly add capabilities from the Cardano blockchain, like smart contracting or governance, onto its own asset, allowing for innovative changes without having to hard fork. As a result, rather than needing to knock the house down entirely, you can simply extend it by using blockchains like Cardano as a service layer rather than making fundamental changes. And those involved in the Cardano network will be compensated for the use of that token on their network.

Take this principle, apply it to the industry, and suddenly we have an Internet of Blockchains where systems can not only successfully coexist, but share knowledge and grow together.

As Gilbert Verdian of Quant Network eloquently pointed out in his piece a couple of weeks ago, while we are well on the way to solving interoperability on a technical level, there is still more to be done. He was referring to the necessity of adopting regulatory frameworks and international standards across all jurisdictions, but we can take it further. Developing an Internet of Blockchains, where differing platforms are able to connect to not only share data, but also ideas, means that we can create an industry where platforms can both successfully coexist and develop mutually beneficial technological arrangements, allowing stakeholders of both platforms to reap the rewards.

The most extraordinary achievements in human history have happened as a result of sharing knowledge and working together. IOHKs strongly held view is that the success of blockchain technology will be no different. If we can collaborate as an industry, then we can build a global framework which truly has the power to replace and improve global systems, and change lives.

Charles Hoskinson is a technology entrepreneur and mathematician, involved in blockchain technology for almost 10 years.

He is the co-founder and CEO of leading blockchain engineering company, Input Output Hong Kong (IOHK) which is committed to harnessing blockchain technology to provide 21st century financial services to the 3bn who dont have them.

IOHK leads the research, design and development of Cardano, the third-generation blockchain that launched in September 2017.

See the article here:

Blockchain technology will only reach its full potential through industry cooperation - CityAM - City A.M.

HashCash Consultants solidifies its position as a blockchain development company gaining the top spot in the USA in an industry survey conducted by a research firm.

PALO ALTO, Calif. (PRWEB) July 21, 2020

HashCash Consultants has been listed as the top blockchain development company in the USA by a global research firm. The industry-based survey was conducted, taking a wide range of critical parameters under consideration including feedback and reviews provided by the clients. The survey culminated in a list of leading blockchain development companies with HashCash Consultants taking the top spot.

"HashCash upholds its founding principle of offering innovative and transformative solutions to industries and businesses so that together we can contribute and build a better and digitally advanced tomorrow. Our team dedicates its efforts to fulfill the blockchain and crypto requirements of the partners and clients, enabling them to reform their existing infrastructure through seamless integration. We keep innovating and upgrading our services, offering cutting-edge solutions to big and small businesses alike", commented Raj Chowdhury, CEO, HashCash Consultants.

Headquartered in the USA the company specializes in blockchain and cryptocurrency development. They work with local and global enterprises to implement technology solutions that are futuristic and modernize the operational architecture of client and partner enterprises.

HashCash has a robust partner network comprising of more than sixty global banks and financial institutions along with companies from across verticals. They have an impressive track record of global collaborations across sectors with some of the biggest names within the industry.

HashCash Consultants has a proven track record of collaborations and projects across industries such as banking and financial services, gaming, supply chain, healthcare, real estate, retail, insurance, mining, investment management including the public sector and others. HashCash provides white label Bitcoin and cryptocurrency exchange software solutions to enterprises. They aid with blockchain system integration, consultation, smart contract, and DApps development and beyond that.

They have their very own range of highly scalable blockchain and crypto-based products which form a strong foundation for the solutions offered to the partners and clients. Their list of products comprises of:

1. HC Net (HashCash's blockchain network)

2. HC Remit (for remittances)

3. HC Corporate Payment (B2B payment processor)

4. Blockchain Digital Identity

5. HC Commerce

6. HC market maker

7. Cryptocurrency Exchange

The company is known for its comprehensive crypto development services including ICO and STO services along with crypto exchange development. They are one of the leading providers of white label cryptocurrency exchange software.

With headquarters in USA, HashCash maintains offices in Singapore, Australia, UAE, and India. The company is also operational in other regions including Africa and UK through its partner network, all of whom have shifted to active remote working till 2021 due to the COVID-19 pandemic situation.

HashCash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs US-based digital asset exchange, PayBito & digital asset payment processor, BillBitcoins. HashCash offers white label crypto exchange and payment processor software solutions, ICO Services, and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data, and IoT through its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

For the original version on PRWeb visit: https://www.prweb.com/releases/hashcash_consultants_listed_as_the_top_blockchain_development_company_in_the_usa/prweb17269926.htm

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HashCash Consultants Listed as the Top Blockchain Development Company in the USA - Benzinga

Big Four auditor PwC and Swiss blockchain investment firm CV VC, together with Cointelegraph, have released a preview for their new periodical report devoted to blockchain technology in various industries.

Published on July 21, the report provides an overview of the upcoming full release featuring the top global blockchain companies focused on implementing blockchain technology in art.

The report was co-authored by PwC and CV VC with contribution of PwC Switzerland and Nicolai Reinbold, ecosystem and incubator manager at CV VC.

As part of the upcoming full release, CV VC's ecosystem CV Labs will host an online panel to discuss the latest developments in the blockchain-powered art market. Scheduled for Aug. 12, the event will feature executives from major industry startups like 4ARTechnologies and Blockchain.art.

As blockchain technology has been rapidly spreading across a wide number of industries in recent years, blockchain-based tools in the art industry have been around for a while.

Reinbold says that the companies decided to cover blockchain in art as part of their periodical global report because it is a hot topic at the moment and there is a lot of movement in the sector.

Niko Kipouros, CEO and founder of 4ARTechnologies, is confident about the solid opportunities of blockchain use in the art industry. Founding 4ARTechnologies in 2018, Kipouros believes that blockchain provides more transparency, safety and process eciency across the entire art market:

Technology is changing the way art is both created and enjoyed. What remains unknown is how far will we take it? Undoubtedly, we need to adapt and drive this change eort.

The upcoming report by CV VC and PwC is part of the companies existing collaboration on covering major blockchain projects. The firms have already issued a number of reports on major companies in the blockchain ecosystem in Swiss Crypto Valley. Alongside blockchain in art, the firms are also covering issues like brokers and crypto banks, cryptocurrency exchanges, custody providers, token issuance companies, venture capitalists in blockchain and others.

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New PwC and CV VC Report Highlights Blockchain in the Art World - Cointelegraph

NEW DELHI, July 21, 2020 /PRNewswire/ -- Great Learning, India's leading EdTech company for professional and higher education, and Indian Institute of Technology Madras (IIT Madras), India's top ranked educational institution, today announced the launch of the Advanced Certification Program in Software Engineering for IoT, Cloud and Blockchain. This 9-month long online program will be co-developed and co-delivered by top-notch faculty and industry experts from IIT-Madras and Great Learning. The program offers 300 hours of robust online video learning sessions, live learning sessions, and a series of practical projects in cloud computing, block chain and IoT.

Indian Institute of Technology Madras (IIT Madras) has been India's top ranked engineering institution for the past 5 years and is one of the most progressive institutions when it comes to offering industry relevant programs. The recent announcement of an online BSc in Data Science by IIT Madras and now this Advanced Certification Program in Software Engineering provide millions of students and technology professionals with the access to high-quality education from India's #1 ranked institute.

This program focuses on making current and aspiring software developers job-ready and future-proof by teaching them cutting edge technologies and is designed to bridge the talent shortage faced by the industry in the areas of Cloud computing, Block chain and Internet of Things. Mercer's Global Talent Trends Study 2020 highlights that 99% companies are embarking on digital transformation this year and are also reporting significant skill gaps. Moreover, Deloitte's outlook on the Technology industry for 2020 also states high adoption in the industry by technologies such as Cloud Computing and AI. This program aims to help learners develop the required skills for roles like Software Development Engineers, Software/Technical Architects, Solution Architects, Cloud engineers etc.

Dr. Janakiraman, Professor, Department of Computer Science and Engineering, IIT Madras, said, "As the world increasingly adopts frontier technologies such as IoT, Cloud Computing and Blockchain, it is important for our software engineers and software professionals to master these technologies. This is important if India has to retain its edge in a Software-dominated world. As India's pioneering institution, we, at IIT Madras are happy to offer this Advanced Software Engineering program in collaboration with Great Learning."

Mr. Mohan Lakhamraju, Founder and CEO, Great Learning, said, "We are delighted to collaborate with IIT Madras to offer this program and further our mutual objective of making high quality education more accessible through online programs. This program marks the coming together of India's top engineering institution and India's top online professional learning provider and will immensely benefit millions of technology professionals and students in our country. Given the increasing demand for digital skills, upskilling in cutting edge technologies such as Cloud Computing, Block Chain and Internet of Things is the key to staying competitive in today's job market."

This Advanced Certification program begins with foundational knowledge of software engineering such as Data Structures, Software Architecture and Algorithm Design, and then dives deeper into IoT data sources, networking, implementation of IoT on the Cloud, Big Data and Analytics, Containers & Microservices, Cloud Deployment & DevOps. It will also provide an in-depth understanding of Blockchain fundamentals and creating Blockchain applications.

Upon completion of the program, the participants will be awarded a Program Completion Certificate from the Indian Institute of Technology Madras. More details about the program can be found at http://www.greatlearning.in/iitmadras

About IIT Madras

Indian Institute of Technology Madras, is one of the foremost institutes in India for higher technological education, and basic and applied research. It has been ranked India's best technical institute for higher education for the past five years by the National Institutional Ranking Framework (NIRF), an initiative of the HRD ministry and is designated as an Institution of National Importance. The Institute today has sixteen academic departments and several advanced research centres in various disciplines of engineering and pure sciences. A faculty of international repute, a brilliant student community, excellent technical & supporting staff and an effective administration have all contributed to the pre-eminent status of IIT Madras.

About Great Learning

Great Learning is India's leading professional learning company focused on upskilling working professionals and students. It offers comprehensive, industry-relevant programs in Business Analytics, Data Science, Machine Learning, Artificial Intelligence, Cloud Computing, Cyber Security, Digital Marketing, Design Thinking and more. Great Learning's programs are developed in collaboration with the world's foremost academic institutions like Stanford University, IIT Madras, the University of Texas at Austin and Great Lakes Institute of Management and are constantly reimagined and revamped to address the dynamic needs of the industry. Great Learning is the only ed-tech company to provide these programs in a blended mode, classroom mode and in purely online mode, relying on its vast network of expert mentors and highly qualified faculty to deliver an unmatched learning experience for learners in India and the world over. Having delivered over 25 million hours of transformational learning that has impacted 25,000+ learners from over 85 countries, Great Learning is on a mission to enable transformative learning and career success in the digital economy for professionals and students across the globe.

For more information, visit: https://www.greatlearning.in/

Logo: https://mma.prnewswire.com/media/900043/Great_Learning_Logo.jpg

SOURCE Great Learning

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IIT Madras and Great Learning Introduce an Advanced Certification Program in Software Engineering for Cloud, Blockchain & IoT - PR Newswire India

SAN FRANCISCO, July 20, 2020 /PRNewswire/ -- Chronicled and Deloitte today announced an alliance to bring blockchain-powered solutions to the life sciences and health care industry. The alliance will leverage technology and solutions powered by Chronicled's MediLedger Network, a blockchain-enabled network for the life sciences industry, to bring interoperability, security and efficiency to processes between companies in revenue management and the pharmaceutical supply chain.

Part of the new alliance between Chronicled and Deloitte includes a solution to help fight counterfeits and fraud in the medication used for the treatment of COVID-19, an issue that has increased dramatically since the start of the pandemic. MediLedger's product verification solution can enable pharmacies and hospitals to authenticate high risk or suspect products. It works through a barcode scan that validates product data against the original manufacturer's data. MediLedger already enables verification by pharmaceutical wholesalers for more than 95% of drugs being re-sold in the US and is among the first blockchain-based solutions deployed in commercial use around the world.

"Chronicled has the potential to radically reshape the way product is tracked and managed within the health care ecosystem," said David Carlson, managing director, Deloitte Consulting LLP, and leader for the Chronicled relationship. "As the life sciences industry moves quickly to get innovative therapies to market during this critical time, stakeholders are looking for solutions that enhance pricing transparency while creating an efficient mechanism to exchange product use and financial information. Chronicled is an important player in the effort to better collaborate across the value chain and Deloitte is well positioned to drive large scale industry transformation."

In addition to product verification on MediLedger, Chronicled will launch a second solution this summer called Contracts & Chargebacks aimed at eliminating disputes, improving cash flow and identifying revenue leakage in the chargeback process between manufacturers, distributors and group purchasing organizations. MediLedger can enable significant improvements to these processes, helping companies transact and share data with each other and avoid delays, inaccuracies, poor customer service and lost revenue.

"Chronicled is pleased to be working with Deloitte to offer the MediLedger Network to the health care industry, most importantly to do our part in the fight against COVID-19," said Susanne Somerville, CEO of Chronicled. "CombiningChronicled's innovative product verificationand contracts and chargebacks solutions and Deloitte's deep experience with implementation and the complexities of these business processes, we have the ability to create tremendous value for the industry and the world."

To learn more, contact [emailprotected].

About Chronicled

Based in San Francisco, Chronicled is a technology company developing solutions that bring trust, efficiency and automation to the life sciences industry. Chronicled is the custodian of MediLedger, an open and decentralized blockchain-based network that connects trading partners and enforces cross-organization business rules without revealing private or competitively sensitive data. MediLedger currently facilitates solutions in the supply chain and revenue management functions within the life science industry.

About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500 and more than 7,000 private companies.Our people work across the industry sectors that drive and shape today's marketplace delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them.Now celebrating 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 312,000 people worldwidemake an impact that matters at http://www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see http://www.deloitte.com/aboutto learn more about our global network of member firms.

SOURCE Chronicled

http://www.chronicled.com

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Chronicled and Deloitte ally to accelerate blockchain in the life sciences and health care industry, including fighting medication counterfeits in...

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a high-performance enterprise blockchain or distributed ledger technology (DLT) platform.

Last month, the blockchain developers also launched Ontology 2.0, which involved the integration of several key upgrades recommended by the DLT networks active community members.

The Ontology team noted:

Guaranteeing the future development and success of our ecosystem remains our number one priority and we want to make it as easy as possible for every individual to get involved in our network. This is why our new staking model, rolled out on 7th July, lowers the barrier for entry for users to stake their tokens and run a node.

Staking ONT tokens helps with securing the Ontology network. It also offers competitive rates (of return) which presently range from 7% up to 40% APY depending on the node. The Ontology developers claim that their rates are relatively high when compared to competing public chain staking yields and decentralized finance (DeFi) yields.

(For more details about staking ONT tokens and the benefits it offers to individual users, check here.)

As confirmed in Ontologys Weekly Report, for July 8 to July 14, 2020, the projects developers are working on layer 2 research for Ontologys back-end.

The progress report revealed that there are now 64 decentralized applications (dApps) that are live on Ontology. However, most of these apps hardly have any active users and dont offer very many useful features or use cases.

Ontology recently announced that it became an official Google Cloud partner, as three Ontology projects were reportedly accepted to Googles Cloud Partner Program.

As noted by the Ontology team:

The program will see the Ontology development team granted unique access to cutting-edge tools and technology, while also leveraging the support of the wider Google Cloud Partner ecosystem. Three of Ontologys projects have been accepted into the Google Cloud ecosystem, outlining new, innovative ways that Ontology has been working to integrate Googles cloud computing services.

Andy Ji, Co-founder of Ontology stated:

Collaborating with Google Cloud offers us the opportunity to demonstrate the real-world business value of integrating blockchain technology with other technological disciplines such as cloud computing, which is a vital step in bringing blockchain to mainstream use.

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64 Decentralized Applications Now Live on Blockchain Network Ontology, which Recently Became Google Cloud Partner - Crowdfund Insider

Trading Enterprises, the exclusive distributor of Volvo cars in the UAE, has announced that Volvo Cars has made an investment in blockchain technology firm Circulor through the Volvo Cars Tech Fund, the companys venture capital investment arm.

Circulor and Volvo Cars have been working together in recent years on the implementation of blockchain technology to boost the traceability of cobalt used in the batteries of its electric cars.

Circulors blockchain technology is today used throughout Volvo Cars battery supply chain, which will achieve 100 per cent traceability of cobalt used in the XC40 Recharge P8, its first fully electric car. Production of the XC40 Recharge P8 will start later this year in Ghent, Belgium.

The investment in Circulor by Volvo Cars allows both companies to expand their focus beyond cobalt, for example by looking at increasing traceability of mica, a mineral used as isolation material in the battery pack of electric Volvos.

Volvo Cars and Circulor are also investigating the possibility to expand their blockchain technology cooperation to other areas, for example tracking and reducing CO2 footprints, helping Circulor to potentially set standards for ethical sourcing in automotive and other industries.

The investment by the Volvo Cars Tech Fund is part of a funding round by Circulor, which also involves three other investors: SYSTEMIQ, Total Carbon Neutrality Ventures and Plug & Play Tech Fund.

We are committed to an ethical supply chain for our raw materials and our partnership with Circulor has been instrumental in that regard, said Martina Buchhauser, chief procurement officer at Volvo Cars. By supporting Circulors ongoing development we can expand the use of blockchain technology in our operations and contribute to a more sustainable business.

Volvo Cars was the first car maker to implement global traceability of cobalt used in its batteries by applying blockchain technology across its supply chain. The technology developed by Circulor is implemented in partnership with CATL and LG Chem, Volvo Cars battery supply partners.

CATL and LG Chem are renowned battery manufacturers with long and successful track records supplying lithium ion batteries to the global automotive industry. They fulfil Volvo Cars strict sourcing guidelines in terms of technology leadership, responsible supply chains, reduction of carbon emissions and competitive cost models.

The agreements between Volvo Cars, CATL and LG Chem cover the supply of batteries over the coming decade for next generation Volvo and Polestar models, including the XC40 Recharge P8.

The Volvo Cars Tech Fund was launched in 2018 and invests in high-potential technology start-ups around the globe. It focuses its investments on strategic technology trends transforming the auto industry, such as artificial intelligence, electrification, autonomous driving and digital mobility.

The XC40 Recharge model will be available in the UAE from Q4 2021.

Read more from the original source:

Volvo Cars Tech Fund invests in blockchain technology firm Circulor - Tires & Parts News

There was a growth of about 41.3% in the number of persons employed as ICT specialists during the period 2008-2018, which was about 12 times as high as the corresponding increase (3.4%) for total employment.

CRIFAX added a report onEurope Blockchain Finance Market, 2020-2028to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated in the report.

TheEurope Blockchain Finance Marketis anticipated to observe steady growth with many changes in the methods of production and pattern of employment in ICTs within the European Union (EU).Europe had the highest internet usage rates with about 82.5 percent of individuals in Europe using the internet as of 2019 according to International Telecommunication Union (ITU). As of 2019, the internet has penetrated and covered about 84.9 percent of the male population and about 80.3 percent of the female population. Internet access is available to about 86.5 percent of the European households and around 78 percent of European households own a computer. Further, about 18.8 inhabitants out of 100 inhabitants in Europe on an average used DSL internet subscriptions. Europe registered the highest bandwidth usage for every internet user which was 211 kilobit per second as of 2019. About 99.7 for every 100 inhabitants were covered by a mobile-cellular network. Similarly, the population covered by a 3G mobile network was 99.1 per 100 inhabitants.

The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).

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The European Union (EU) witnessed a growth in the number of ICT specialists by 39.1 percent in 2018, registering an increase of six times higher as the increase for total employment. About 2/3rds of the ICT specialists amounting to 63.1 percent had a tertiary level of education in the European Union. About 3.9 percent of the total workforce in the EU in 2018 comprised of ICT specialists. Finland recorded the highest relative share of total workforce employed as ICT specialists with 182,000 persons representing 7.2% of the total employment. During 2008-2018, the growth in the number of persons employed as ICT specialists was about 41.3% which was close to 12 times as high as the corresponding increase for total employment. Nearly half of Europeans (46%) use the internet for calling that is an increase of 20 percent from the previous year and 40 percent increase as compared to 2013.

The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).

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To provide better understanding of internal and external marketing factors, the multi-dimensional analytical tools such as SWOT and PESTEL analysis have been implemented in the Europe Blockchain Finance Market report. Moreover, the report consists of market segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth (%), Porters five force model, absolute $ opportunity and anticipated cost structure of the market.

About CRIFAX

CRIFAX is driven by integrity and commitment to its clients and provides cutting-edge marketing research and consulting solutions with a step-by-step guide to accomplish their business prospects.With the help of our industry experts having hands on experience in their respective domains, we make sure that our industry enthusiasts understand all the business aspects relating to their projects, which further improves the consumer base and the size of their organization. We offer wide range of unique marketing research solutions ranging from customized and syndicated research reports to consulting services, out of which, we update our syndicated research reports annually to make sure that they are modified according to the latest and ever-changing technology and industry insights. This has helped us to carve a niche in delivering distinctive business services that enhanced our global clients trust in our insights and helped us to outpace our competitors as well.

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Blockchain in Media, Advertising, and Entertainment Market report focused on the comprehensive analysis of current and future prospects of the Blockchain in Media, Advertising, and Entertainment industry. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Blockchain in Media, Advertising, and Entertainment market has been done in order to calculate the growth rates for each segment and sub-segments.

Blockchain in Media, Advertising, and Entertainment Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.

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Top Key Vendors of this Market are:

IBM, Microsoft, SAP, Accenture, AWS, Oracle, Infosys, Bitfury, Factom, Guardtime, ARK, Auxesis Group, Nyiax, Metax, BTL, Voise, Bloq, Clearcoin, Decent, Krypc, Synereo, UJO, Brainbot Technologies, Bigchaindb, Iprodoos

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Blockchain in Media, Advertising, and Entertainment market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Blockchain in Media, Advertising, and Entertainment markets trajectory between forecast periods.

The report provides insights on the following pointers:

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The report summarized the high revenue that has been generated across locations like, North America, Japan, Europe, Asia, and India along with the facts and figures of Blockchain in Media, Advertising, and Entertainment market. It focuses on the major points, which are necessary to make positive impacts on the market policies, international transactions, speculation, and supply demand in the global market.

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Table of Contents

Global Blockchain in Media, Advertising, and Entertainment Market Research Report 2020 2026

Chapter 1 Blockchain in Media, Advertising, and Entertainment Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Blockchain in Media, Advertising, and Entertainment Market Forecast

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sCrypt recent published a simple way to implement tokens on the base layer of the Bitcoin SV (BSV) ledger. This demonstration leverages their previous OP_PUSH_TX technique to enforce state such that a chain of token transfers can be established and kept consistent.

After the script terminates with the proper use of OP_RETURN, only two values are necessary to reflect the owners balancetheir public key and token amount. This simplicity is enabled by the security model and features of the Bitcoin protocol itself.

The solution is UTXO based, so additional software to keep track of ownership is minimal. To recognize the transactions, existing wallets would only need to show the user the sum of all the tokens in their UTXOs that match their public key(s). Additional metadata could be trivially added to the transaction in order to rival ERC-20 like standards, paving the way for BSVs potential scale and low fees to deprecate alternative chains token solutions.

Under the UTXO model, tokens can be just as private as Bitcoins:

Source: Medium

Source: BitcoinSV.io

They also scale with the network as opposed to heavily needing to rely on external software.

This base layer solution has an advantages over the Layer 2 solutions like Tokenized and Run which leverage data in OP_RETURN outputs. Tokenized requires off-chain agents to validate transactions; Run requires validating the history of UTXOs. Both Run and sCrypt can leverage external solutions like state servers and co-signers respectively, to prevent arbitrary minting or spoofing of tokens.

That all seems great, yet several hurdles need to be overcome before this is possible. Wallets for the most part only support one transaction type via their user interfaces, sending money from one person to another aka P2PKH. The transactions used as examples are quite large (over 2 KB), so they would have fees of around 1500 satoshis (assuming 0.5 sats/byte). Per sCrypt founder Xiaohui Liu, these scripts are not optimized at all and could be drastically reduced in size.

The actual Bitcoin amounts in the UTXOs would optimally need to be 1 satoshi, which would require a lowering of the dust limit. Also, fees would need to be much lower to make these transactions feasible, and to compete with the other chains solutions. Thus, we have yet another chicken and egg scenario where we want limits lowered but need more demand of on-chain transactions to justify their reduction.

Each token solution (sCrypt, Tokenized, Run) are either not public or too immature to be adopted. The potential exists now to facilitate the transactions faster and cheaper than currently possible on other chains.

Even with sCrypts raw, sub-optimal demo transaction, with a rate of 0.5 sats/byte the fee would be a quarter of a cent (1400 satoshis) which would be 160x cheaper than the 2.1% transaction fee above. Until those solutions mature, users of BSV looking to use stable coins are stuck with duct tape (yet slick) solutions like RelayXs OTC desk which cannot overcome alternative chains high fees.

Source: RelayX

As more simple, easy to implement token solutions emerge, Bitcoin SV is poised to dominate in the token space. At the moment, the potential of the chain with unlocked scripting capabilities are not yet widely understood enough to take advantage. Hopefully sCrypts innovation at the base layer can pave the way forward.

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

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Bitcoin SV poised to support tokens better than any blockchain - CoinGeek

The Monetary Authority of Singapore (MAS) and state investment firm Temasek announced today that Project Ubin, its blockchain-based multi-currency payments network, has proven its commercial potential after tests with more than 40 companies.

The initiative was launched in 2016. A prototype developed by Temasek and J.P. Morgan began undergoing testing last year to see how well it would integrate with commercial blockchain applications.

A report released today, commissioned by MAS and Temasek, said Project Ubins prototype was validated through workshops with more than 40 financial and non-financial firms. Its potential uses include faster, less costly cross-border transactions; foreign currency exchange; and smart contracts for escrow and trade.

The report also said that Project Ubins prototype can potentially pave the way to enable more collaborations with central banks and other financial institution to build better cross-border payments networks.

In a statement, Chia Song Hwee, Temaseks deputy chief executive officer, said This validates Temaseks efforts in exploring and building blockchain solutions focusing on digital identity, digital currencies and financial asset tokenization. We look forward to supporting commercialization efforts emanating from Project Ubin and other application areas, with a view to drive greater adoption of blockchain technology.

See more here:

Project Ubin, the Singaporean money authoritys blockchain initiative, moves closer to commercialization - TechCrunch