Billionaire Peter Thiel's venture capital firm Founders Fund is backing a startup that aims to bring Wall Street electronic trading expertise to the bitcoin market, the Wall Street Journal reports. Tagomi Systems expects to be the bitcoin version of a broker-dealer, executing orders to buy or sell …
Alibaba is trialing a new supply chain model based on blockchain. Piloted in Australia and New Zealand, Alibaba’s Food Trust Network could improve supply chain traceability and transparency, and form the basis of a supply chain model applied across all of Alibaba Group’s e-commerce marketplaces.
Mar 26, 2018 - New Zealand is becoming a global blockchain centre, FintechNZ general manager James Brown says. New Zealand is a living laboratory for global tech developments and inventions and Kiwis are producing blockchain businesses that have a global market place, he says.
A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organisation has successfully tested a blockchain system that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually, Accenture said.
All appears quiet in the world of crypto. The roaring optimism we saw last year has died down considerably. With bitcoin falling 50% to US$9,900, the headlines are no longer shouting, ‘It could hit 1 million’. And as for the other all-star coins, well, they haven’t been faring much better either.