South Korea’s SBI Savings Bank has signed an MoU with DAYLI Intelligence, a specialist in AI and blockchain technology, to bolster its fintech business, Money Today reports September 3. DAYLI Intelligence provides blockchain solutions and AI-based tech infrastructure for financial institutions. The firm will reportedly assist SBI in implementing both...
LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22. LG CNS is planning to release new “strategic” brands for each of the seven platforms...
A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs (ECON), was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of competition policy in the crypto sector: “The arrival of permissioned cryptocurrencies...
Boeing is partnering with an artificial intelligence (AI) company to develop pilotless vehicles and other products using blockchain, it announced in a press release July 17. Texas-based SparkCognition, a company which Boeing invested in in a $32 million funding round last month, will work with the aviation giant on a...
South Korea electronics giant Samsung revealed a further blockchain implementation in an official announcement June 20, using the technology in a new logistics platform. The platform, dubbed Cello 3.0, is the brainchild of Samsung’s IT subsidiary Samsung SDS, which will use artificial intelligence (AI) and its “logistics knowhow” to deliver...
Blockchain-based 2Key platform aims to demonopolize digital information-sharing by decentralizing and liberating referrals flow across the web. Enabling distribution of power and control, Blockchain breaks down the extended monopoly and central concentration of power and resources in traditional systems, while serving as a true symbol of decentralization and digital democracy....
Namahe has collaborated with Adqura, a self-proclaimed expert in “decisioning”, to implement an AI layer to their supply chain solution. Supply chains are at the core of commerce, being connected to every aspect of every sufficiently advanced market as a mainstay of global trade. Ideally, the supply chain process would work seamlessly without ever...
German securities marketplace and stock exchange Deutsche Börse will be spending 270 mln euro (around $315 mln) on new tech investments including blockchain, Finextra reported yesterday, May 30. The spending plan, part of the company’s 2020 roadmap which will involve 350 job cuts, will also include big data analytics, cloud,...
While digital industry is flooded by zillions of new startups aiming to solve more or less real-world problems with blockchain tech, there are three projects definitely worth checking out. The proliferation of new blockchain projects over the last 12 months has inevitably given rise to a number of dubious offerings....
Signet Jewelers, the world’s largest diamond retailer, announced yesterday that it will be the first to join the blockchain Tracr pilot program run by diamond miners De Beers.Proof of Conflict-Free DiamondsSignet will join other industry leaders in trialling the Tracr platform in its pilot phase and will expand the...