• BMW accelerating blockchain use
    Technology

    BMW accelerating blockchain use after successful supply chain pilot

    The German carmaker is aiming to ensure raw materials and components are fully traceable in its ‘highly complex’ international supply chain

    Last year’s initial trial saw BMW Group successfully purchase front lights, and the company now wants to expand the project to a broader range of participants. Ten suppliers are going to take part over the coming year, the company said.

  • Venture capital, grinding everyone's gears (via Shutterstock).
    Technology

    VC investments fall sharply, but blockchain usage rises

    CB Insights predicted start-up funding will drop 60%, but IDC said spending on blockchain implementation will double

    A new report from CB Insights said investments in blockchain technology start-ups have tanked so far in 2019, and could end the year 60% lower than 2018. But the interest in the technology in the corporate world appears to be booming, with Fortune 500 companies investing more time and effort in bringing blockchain projects to fruition.

  • The caption for this is "Young crypto engineer applying form of characteristics of new bitcoin mining hardware," but we're not quite sold that's accurate (via Shutterstock).
    Innovators,  Technology,  United States

    Ford, Verizon, Revlon among companies looking to up their blockchain game

    Distributed ledger technology is a skill sought in firms not traditionally associated with the blockchain or cryptocurrency industry

    There’s been a lot of attention paid in the last few days about the amount of blockchain and cryptocurrency jobs available at banks like JPMorgan and accounting firms like PricewaterhouseCoopers and Deloitte, but there are more than a few large, non-finance firms looking to hire people with blockchain knowhow and experience right now, including Ford, Revlon, and Penske Logistics, according to LinkedIn Jobs.