• EY IBM blockchain alliance
    Technology

    Driven by coronavirus, IBM and EY ally on blockchain

    It’s hoped the ‘enhanced, multi-year alliance’ will help companies ‘reframe their future amidst an unpredictable and rapidly evolving environment’

    “As organizations learn how to adapt to today's new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important,” EY’s global chairman and CEO Carmine Di Sibio said in a statement.

  • Crypto must-reads
    Cryptocurrencies,  People,  Regulation

    Crypto Must-Reads for June 25, 2020

    These Are the Crypto Stories You Should Be Following: BTC still looking positive for Q2; China eating U.S.’s lunch on blockchain; is NY easing up for BitLicense’s 5th birthday; where was creator Satoshi Nakamoto for the first five minutes of Bitcoin’s life?

    The economy is doing Bitcoin no favors, with bad news and advancing COVID-19 pushing the still stock-market-aligned cryptocurrency within a few dollars of dropping below $9,000. Meanwhile, Ripple Executive Chairman Chris Larsen says China is winning the blockchain war. Researcher says Satoshi Nakamoto was AWOL from Bitcoin’s genesis block. New York is retreating ever-so-slightly from its super-strict BitLicense, making the prestigious but frequently fled crypto exchange qualification as it turns five.

  • Blockchain sustainability
    Technology

    Two big announcements show corporate interest in blockchain for sustainability

    The Bumble Bee Seafood Company and Unilever are both planning to use blockchain technology to preserve resources for future generations

    When big food brands embrace blockchain, the usual buzzword is traceability. But as two separate announcements on June 15 show, this technology could prove pivotal in achieving sustainability too.

  • Blockchain solution to $40T problem
    Technology

    Blockchain solution to $40T problem

    Big companies spend $40 trillion in-house every year without much oversight. Grant Thornton says its blockchain-based inter.x platform tracks that spending, reducing fraud, mistakes, and wasted money

    A major accounting company has launched a new blockchain-based solution for tracking intercompany transactions—a common cause of “fraud, manual errors, unnecessary bureaucracy and wasted time.”