INDUSTRY

blockchain application in various industries

US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety

The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Tata Motors seeks to get blockchain-based solutions through a program deemed TACNet 2.0.

United States’ Third Largest Bank Wells Fargo to Reveal Coin in 2020

USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.

VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.

Waste2Wear to Use Blockchain in Tracing the Conversion of Ocean Plastics into Eco-Fabrics

Waste2 Wear is to trace the conversion of ocean plastic waste into eco-fabrics using blockchain technology as this will propel traceability.

Binance Invests Heavily in Chinese Crypto Media Firm

According to a Bloomberg report, Binance has debuted an investment in China With a crypto Media and data sourcing company, Mars Finance.

Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks

David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.

Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind

Today marks the kickoff of the Gartner IT Symposium/Xpo 2019, with Blockchain being one of the technologies that this event plans to tackle, there is also a major interest in how this technology will be affecting some industries in the coming years

Deutsche Bank Joins JP Morgan’s Blockchain Platform

Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.

Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules

Cryptocurrency exchange OKEx’s Korean arm will be delisting all five privacy altcoins including Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), and Super Bitcoin (SBTC).

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