IBM Patent Eyes Blockchain for Drone Fleet Security

Computing giant and prolific blockchain researcher IBM has applied to patent a system that would use distributed ledger technology (DLT) to address privacy and security concerns associated with the increasing usage of drones in both commercial and recreational applications. According to documents made public on Thursday by the US Patent and Trademark Office (USPTO), IBM first applied for the patent, the latest in its growing library of prospective blockchain applications, in March 2017. In the patent application, the authors detail how a blockchain ledger could be used to store data…

New York University Offers Major in Blockchain Technology

New York University (NYU) has reportedly become the “first” university in the U.S. to offer students a major in blockchain technology, CBS New York reported September 18. The program will reportedly be provided by the NYU Stern School of Business, which was also a pioneer in offering undergraduate courses in cryptocurrencies and blockchain. Professor Andrew Hinkes commented on the new program: “We hope to establish a groundwork so that the students can understand what’s really happening under the hood, so that they can understand both the legal and the business…

Copyright on Blockchain, Explained | Cointelegraph

5. Again, the waters are murky here – even the World Intellectual Property Organization (WIPO) is vague on some of the details. When it comes to tweets, WIPO says that, in actuality, some of them may be too short to qualify for the copyright protection usually enjoyed by authors. Why, you may ask? Because their short length means that they are “unlikely to reach the level of creativity required.” Of course, comedians creating witty one liners may beg to differ here – especially when so many of them have their content…

Tradeshift CEO Prudent on Blockchain Supply Chain Potential

Digital invoicing startup Tradeshift CEO Christian Lanng countered “hype” over blockchain’s role in supply chains Wednesday, September 19, telling CNBC the technology “wasn’t ready yet.” In an interview at the World Economic Forum in Tianjin, China, Lanng highlighted the use cases for blockchain in areas such as identity and certifications, but argued supply chains were too much of a challenge for the technology in its current state. “If you want to have authenticity, if you want to know where it is sourced, that it is done in a responsible way…

Leading UK Port Operator Seeks to Improve Shipping Logistics via Blockchain

UK’s leading port operator, Associated British Ports (ABP), has signed an agreement with digital logistics enabler Marine Transport International to develop blockchain use for port logistics, Dry Bulk magazine reports Wednesday, September 19. Under the agreement with Marine Transport International, ABP — which operates in 21 ports and carries out 25 percent of the cargo shipments in Great Britain — will take part in pilot shipments using blockchain technology. According to Dry Bulk, each party in ABP’s supply chain lacks connection with others, as port operators, carriers, and shippers use…

How Blockchain Can Help Both Refugees and Host Nations

As the United Nations Refugee Agency warned in the first days of September, the death rate for refugees attempting to reach Europe has risen. That sounds even more cruel considering that the numbers trying to make the crossing has fallen. For every 18 people crossing to Europe over the central Mediterranean between January and July 2018, one person died. This is twice more than over the same period in 2017, when there was one death for every 42 refugees and migrants attempting the crossing. Summer in the United States brought…

UK Gov’t Faces Questions Over Impact of Crypto Bear Market on UK Blockchain Industry

The U.K. government has faced questions over whether it is actively monitoring the impact of the global crypto market downturn on the domestic blockchain industry, Finance Feeds reports September 18. Lord Taylor of Warwick is reported to have asked “Her Majesty’s Government what assessment they have made of reports that the value of cryptocurrencies in the United States is falling, and of the potential effects that such a decline might have on the UK blockchain industry.” Lord Bates, the Minister of State at the Department for International Development, is said…

Switzerland to Exchange Blockchain Regulatory Experience With Israel

Switzerland and Israel have agreed to share their experience on regulating the blockchain industry, Reuters reports Monday, September 17, citing both countries’ high-ranking officials. Switzerland’s Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser have recently visited Israel to officially request access to the local markets for Swiss banks. As Gasser told Reuters, by the end of 2018 he plans to prepare a report on blockchain regulation for the Israeli officials that would outline general recommendations. He expects that these notes might be approved by…

Hong Kong Blockchain Fund to Finance Yen-Pegged Cryptocurrency

The founders of a $1.45 billion investment firm and a dedicated blockchain fund are teaming up to launch a new cryptocurrency whose value would be pegged to the yen. South China Morning Post reports that Grandshores Technology Group, a Hong Kong-based blockchain investment firm, is raising HK$100 million (US$12.7 million) to bootstrap the project, which aims to provide traders and other cryptocurrency users with a yen “stablecoin,” whose value would be immune to price volatility in the wider cryptocurrency markets. Grandshores Technology’s founding partner, Yongjie Yao, is also a founder…