Fighting tax evasion and other global initiatives to introduce blockchain

The traditional Saturday review of the latest blockchain initiatives includes applications such as digital identification, education, and anti-counterfeiting in the hardware market.

IBM and Seagate use blockchain to fight counterfeit hardware manufacturers

Where: USA
In which area: hardware manufacturing
Goal: preventing the spread of fake hardware
Who is engaged: IBM, Seagate Technology PLC
Used technology: IBM Blockchain Platform based on the Hyperledger Fabric framework
Estimated implementation date: unknown
Link: Press Release

Deloitte and Attest use blockchain in the field of digital identification

Where: USA
In which area: digital identification
Objective: to develop a state-of-the-art digital identification solution for the needs of Deloitte customers
Who deals: Deloitte Global, Attest Inc.
Used technology: Attest own development
Estimated implementation date: unknown
Link: Press Release

Thai authorities use blockchain to combat tax evasion

Where: Thailand
In which area: tax system
Purpose: tracking tax payments and fighting evasion
Who deals: Department of Government Revenue of Thailand
Technology used: unknown
Estimated implementation date: unknown
Reference: Bangkok Post

Reliance Industries Indian oil conglomerate involved blockchain for trade deal

Where: India
In which area: export trade
Goal: increase the efficiency of trading on digital platforms
Who is involved: Reliance Industries, Tricon Energy, HSBC India, ING Bank
Used technology: blockchain platform Corda
Estimated implementation date: implemented
Link: Press Release

CargoSmart will create a blockchain consortium of sea carriers and terminal operators

Where: Hong Kong
In which area: sea logistics
Objective: to increase the efficiency of supply chains by ensuring the exchange of data between sea carriers, terminal operators, customs services, logistics service providers
Who is involved: CargoSmart, CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International Pte Ltd, Shanghai International Port Co Ltd.
Technology Used: Oracle Blockchain Cloud Service
Estimated implementation date: December 2018
Link: Press Release

US citizens use blockchain platform for mid-term congressional voting

Where: USA
In which area: electoral processes
Objective: to simplify the voting process for citizens abroad
Who is involved: the authorities of West Virginia, VOATZ Inc.
Technology Used: Voatz Application
Estimated implementation date: implemented
Link: Washington Post

In Belarus, the blockchain was used to implement the transaction

Where: Belarus
In which area: banks
Purpose: acceleration of calculations, optimization of labor costs and document flow
Who deals with: Priorbank, Raiffeisenbank, Mozyr Oil Refinery
Technology used: unknown
Estimated implementation date: implemented
Reference: Onliner

Shinsei Bank and Nippon Wealth will use ConsenSys decentralized applications to create new products.

Where: Japan
In which area: banks
Purpose: the creation of new banking products
Who deals: Shinsei Bank, Nippon Wealth, ConsenSys
Technology used: ConsenSys dApp development
Estimated implementation date: unknown
Reference: press release (1), press release (2)

Universities and the Malaysian government will use the blockchain to store diplomas

Where: Malaysia
In which area: education
Purpose: fight against fake diplomas
Who is involved: a consortium of Malaysian universities and the Ministry of Education
Technology used: NEM protocol
Estimated implementation date: the launch of the initiative took place on November 10, 2018
Link: Press Release

Barclays and 14 more banks joined testing DTCC blockchain platform for credit derivatives

Where: USA
In which area: clearing operations with derivative financial instruments
Purpose: optimization of costs in the implementation of settlement and clearing operations with credit derivatives.
Who is involved: DTCC , Barclays and 14 unnamed banks
Used technology: development of IBM, Axoni, R3
Estimated implementation date: the transition to the open testing phase is scheduled for the end of the year
Link: Press Release

This week, BlockchainJournal reported that:

• IBM will patent a blockchain system to define the boundaries of augmented reality
• Banking giant BBVA for the first time made a $ 150 million loan entry in the Ethereum blockchain
• Salesforce has patented an anti-spam solution on the blockchain.
• Companies abandon the term “blockchain” in favor of “DLT”

BlockchainJournal also published an article about the prospects of the Graphene technology and problems in the way of the blockchain 3.0.

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