Tag: enterprise blockchain

The Blockchain Could Transform the Retail Value Chain: Deloitte

Blockchain technology has the ability to transform the retail and consumer goods value chain. The blockchain’s ability to track and trace products and record transactions and contracts will lead to widespread adoption in these two sectors in the next five years, with those companies which fail to leverage this new technology risking falling behind. This is according to a report by Deloitte which cites changing consumer demands as a key reason …
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Maersk Launches the First-Ever Blockchain Marine Insurance Platform

AP Moller-Maersk, the Danish shipping conglomerate, has launched the first-ever blockchain platform for marine insurance. Known as Insurwave, the platform aims to leverage the blockchain to revolutionize the management of risk in the industry as well as interactions between stakeholders. The platform was built on R3’s Corda blockchain and, as reported by Seatrade Maritime News, it is in commercial operation at consulting firm Willis Towers Watson, insurance companies XL Catlin and …
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South Korean Electronics Giant LG Launches Blockchain Platform

South Korean electronics giant LG has announced that it’s launched its own blockchain service, Monachain. The service was launched through the company’s information technology service unit, LG CNS. According to The Korea Times, the service is aimed at capitalizing on the lucrative emerging field of blockchain-based services especially in the fields of telecommunications, manufacturing and finance. Championing The Decentralized Economy Monachain will offer various decentralized services, one of which will be …
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Kodak’s Token Offering Targeting $50M to Begin on May 21

The Eastman Kodak Co. will conduct a token sale for its long-awaited KODAKCoin beginning May 21. The sale will target accredited investors and aims to raise $50 million for the development of a blockchain platform. The New York-based company has already held a presale in which it raised $10 million from investors. The KODAKCoin will be the native digital asset for KODAKOne, a blockchain platform that aims to empower photographers by giving …
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