How to use blockchain and smart contracts in procurement

Tokyo Electric Power Company Holdings Inc partnered with Itochu Corporation to start building a blockchain-based system to trade electricity surpluses. 2247 Total views 26 Total shares Tokyo Electric Power Company Holdings Inc (Tepco) partnered with Itochu Corporation, a Japanese major trading company, and started building a blockchain-based system to trade extra electricity. According to Nikkei on…

“I actually think the first big games that have multimillion persistent users daily — those will come from new startup studios,” said William Quigley. 179 Total views 4 Total shares Traditional ideas about gaming, coming from both the firms developing the games and the players themselves, could slow down adoption of Web3 games, according to…

Metaverse platform Animal Concerts, Cointelegraph, The Avila Brothers, Billy Ray Cyrus and Snoop Dogg are celebrating blue-collar workers with a new NFT collection. 223 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlue-collar workers are the gears that make the world go round. They turn in a hard…

Indian IT giant Tech Mahindra has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry. 1362 Total views 13 Total shares Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry.Developed using IBM’s…

This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil's central bank adopts IMF guidelinesBrazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With…

Several members of the Congressional Blockchain Caucus are calling for more clarity on broker-dealer rules from the U.S. securities regulator. Nine members of congress have written a letter asking the Securities and Exchange Commission to get its security token guidance straightened out.In a Dec. 9 letter to SEC Chairman Jay Clayton, several members of the…

Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined.

Investors see cryptocurrencies as increasingly useful as the portfolio diversifies, according to an Economist report on consumer trust in digital currencies. A report published by the Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future.Economist Impact published findings of its ‘Digimentality Report’, delving into consumer trust…

Ethereum price has had a rocky week and data suggests that more downside could be on the way.