US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday. State Farm Testing Blockchain Technology According to the company’s website, the company processes just over 38,000 claims per...
Digitpol’s CEO Martin Coyne files the 1st of a kind vehicle cybersecurity solution that can operate on the blockchain. The filed patent consists of a solution designed solely for German vehicles that are connected online to OEM’s and industry partners. The solution will be presented in November 2018. Transport Security...
The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation. US Department of Homeland Security...
The grad school for the United States Air Force just developed a tool to help supply chain professionals learn about blockchain. The US Air Force Institute of Technology (AFIT) released its free tool in hopes of advancing the current infrastructure built around supply chain management. This news was released...
It seems that blockchain ventures are popping up almost by the day. In order to promote understanding and regulation of blockchain and distributed ledger technologies (DLT), a ‘Blockchain for Europe’ Association has formed. The latest endeavor comes from four already pretty major and renowned blockchain companies that have joined forces to...
The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology. Blockchain Technology for Healthcare Humana, Multiplan, UnitedHealth Group’s Optum, Quest...
South Korea has just become the first East Asian country to legalize medical marijuana. But it may be the second to put voting on the blockchain. Japan is already trialing the technology to allow citizens to cast votes on “social contribution projects.” South Korea has been an advocate of...
Ten financial and tech companies have come together to establish an Association for Digital Asset Markets or ‘ADAM.’ The groups aim is to create a “code of conduct” for the cryptocurrency sector. ADAM is a Good Boy The body is made up of well-known crypto names. These include Galaxy Digital, BTIG,...
Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has...
Nearly ten days ago, Bitcoin Cash underwent its second scheduled protocol upgrade of the year. Most in the crypto community know that a ‘hard fork’ in the chain is the only way to upgrade proof-of-work consensus protocols. Just before this upgrade occurred, competing proposals emerged and split the...