• Porsche tracks plastics blockchain
    Technology

    Porsche turns to blockchain to track plastics, sustainability

    Blockchain firm Circularise will help the German automaker track the provenance and use of sustainable materials on public blockchains

    Porsche and its material suppliers Borealis, Covestro, and Domo Chemicals will use Circularise’s technology to trace the plastics used in Porsche cars on a blockchain. The project aims to “ensure that the use of sustainable materials in Porsche cars can be proven.”

  • Blockchain lost $2.8 billion
    Technology

    Between crypto winter and COVID, blockchain market has lost $2.8 billion since 2018: report

    ABI Research predicts the market will make up the revenue by 2023, due in part to the holes revealed in existing supply chain and logistics management by the pandemic

    In a Nov. 4 release, tech market advisory firm ABI Research said it believes that the knock-on effect of the cryptocurrency market’s 2018 downturn—which wiped out 80% of the total cryptocurrency market cap—had far-reaching consequences for the blockchain space.

  • KPMG partners with Coin Metrics
    Cryptocurrencies,  Technology

    KPMG, Coin Metrics partner to offer institutional investors crypto data and services

    The big four auditing firm and network data firm hope the collaboration will support growth in the institutional adoption of crypto assets and public blockchains

    KPMG and Coin Metrics will jointly deliver crypto data, insights, proprietary analytics, and cryptoasset services. The collaboration aims to support growth in the institutional adoption of crypto assets and public blockchains.

  • VeriTX turns to Algorand
    Technology

    Aerospace marketplace VeriTX turns to Algorand to get its supply chain soaring

    Partnering with the proof-of-stake blockchain firm let a 3D printed aircraft parts supplier get an F15 Eagle flying in a day, rather than nine months

    To build that marketplace, the decentralized aerospace parts manufacturing firm is partnering with Algorand, using its proof-of-stake blockchain platform to provide customers with speed and certainty along the supply chain, according to an Oct. 22 announcement.