Boeing (NYSE:BA) has reportedly teamed up with Honeywell (NYSE:HON), a global aerospace conglomerate, in order to use its GoDirect platform to monitor and sell excess or unused airplane parts, worth around $1 billion, via blockchain or a distributed ledger technology (DLT)-enabled network. The partnership between… Read More
Credorax, a Fintech bank and smart payments solution provider, has committed to a memorandum of understanding (MoU) with Samsung SDS Europe, a company focused on developing digital transformation solutions. The two firms plan to create and bring to market Credorax’s automated distributed ledger technology (DLT)-enabled… Read More
The Hyperledger Foundation has introduced the second software release of its open-source distributed ledger technology (DLT) platform, known as Hyperledger Fabric. The software has a wide range of potential applications but mainly focuses on enterprise blockchain development for large businesses. The foundation’s second release comes… Read More
Russia’s largest financial institution Sberbank has reportedly purchased around $15 million worth of accounts receivable from Trafigura, a Singaporean commodity trading firm that leverages blockchain technology. The pilot transaction was conducted on the Hyperledger Fabric platform, according to a representative from Sberbank. The blockchain-based purchase… Read More
Rwandan government minister and CEO of the Rwandan Mining, Petroleum and Gas Board, Francis Gatare, says he has struck a deal with enterprise-blockchain developer Circulor to start tracking the country’s tantalum supply using Circulor’s version of Hyperledger Fabric. According to Gatare: “Rwanda Mines, Petroleum and Gas… Read More
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