Coinatory

Even Erno Rubik would feel like Edward Scissorhands here. In the global-payments space Putting everything on its right axis – speed, precision, real-time nuances, user-friendliness, global ease, reliability, availability and unrelenting security on top of all this – yes, easier said than done. In the matrix of cross-border payments, some cube always gets left out. It never adds up – everything together. That’s the gap that is putting names like IBM, Stellar and even Russia government in the same breath as SWIFT. SWIFT or the Society for Worldwide Interbank Financial Telecommunication - The banking cooperative’s services tracing as far back as 40 years ago that spread to around 200 countries by ironing out kinks in payments. Y ... Read more about " Blockchain – Cue for a SWIFT-er world " on coinatory.com

IBM’s early-mover grip on blockchain may not be so easy to attack; but other enterprise champs like Oracle, Microsoft and Fujitsu are not sitting in the dug-out anymore. Who will clinch the home-run then? Something’s strange about these headlines. IBM together with SAP and Cloud! Oracle mixing DevOps and Blockchain! And the most twisted- almost every dyed-in-the-wool enterprise software player is okay being in the same room as Linux (in the shape of Hyperledger), and not feeling nauseous. Strange bedfellows, you may say. Smart choice of bedsides, we would add. Only Blockchain could finish the new décor of these war-rooms; all the furniture rearranged a bit by Cloud and As-a-Service forces is finally coming together. But make no m ... Read more about " Blockchain – Not Rock-Paper-Scissors. More Like Snakes-and-Ladders " on coinatory.com

The disruptive nature of cryptocurrency is self-evident, offering the world an excellent alternative to the already existing financial model that has controlled the ownership, storage, and the transfer of value for ages. While many may see cryptocurrency as a virtual currency of destruction that has come to destroy the existing financial structure, others see it as a great opportunity that makes life easier when used as a medium of exchange of goods and services. Unlike most cryptos, Stellar is entirely complaint with regulators and although Stellar was initially against banks, its partnership with IBM last year changed Stellar"s fate. What is Stellar? Stellar is a nonprofit organization payment network that aims to make the ... Read more about " What is Stellar Lumens? " on coinatory.com

The American company Seagate, one of the largest manufacturers of hard drives, in collaboration with IBM, will create blockchain-based solutions to counter the supply of counterfeit hard drives. It is reported by CoinDesk. On Tuesday, November 6, companies said that Seagate drives would be registered on the IBM blockchain platform to prevent the use of fake products at IBM data centres, and in the future - to combat the spread of counterfeit among end users. Bruce Anderson, global managing director for the IBM Electronics Industry, said that Seagate has been a reliable supplier of hard drives for IBM server centres for several years. The partnership aims to track every hard drive through the blockchain across the supply chain from ... Read more about " IBM blockchain platform will authenticate Seagate hard drives " on coinatory.com

IBM officially launched its blockchain-based food tracking program. Wholesalers, suppliers and all other organizations that want to use food tracking software in their supply chain will be able to use the IBM Food Trust platform. After 18 months of testing, IBM launched its platform for tracking food using the blockchain. Retailers, food suppliers and wholesalers will now be able to use IBM software to track food based on IBM"s distributed database (DLT). Food-tracking solutions similar to the IBM Food Trust have so far been presented ... Read more about " Food Trust by IBM officially launched " on coinatory.com

Organization Plastic Bank has the goal to eliminate pollution of the ocean by waste using the blockchain technology. Plastic Bank is supported by IBM Technology. Each year about eight million tons of plastic are dumped into our oceans. Scientists predict that by 2050 there will be more plastic waste in the ocean than fish. Plastic Bank, a social enterprise founded in May 2013, decided to tackle plastic waste in the oceans. They collaborated with IBM and Cognition Foundry to clean the ocean. David Katz, founder and CEO of The Plastic ... Read more about " IBM Technology and Plastic Bank: use of blockchain to collect and record plastic waste in the ocean. " on coinatory.com

One of the world"s leading logistics companies, UPS filed an application for registration in the Bureau of Registration of Patents and Trademarks (USPTO) for the rights to use blockchain technology as part of a distributed system for sending parcels around the world. An application called "Autonomous Service of the Selection System and Distributed Transport Databases" is a concept that implies the storage of data in a distributed registry system, including information on the designation of the package, its movements and the transportation ... Read more about " UPS patents the blockchain for tracking " on coinatory.com

The Stasis cryptographic platform, created by the Russians Grigory Klumov and Anatoly Knyazev, issued "crypto euro" EURS for 12.2 million euros. Cryptocurrency is backed with an equivalent amount in euros, it greatly simplifies the acquisition of any crypto assets in Malta. https://youtu.be/HEwDIpjYtYI Why CryptoEuro CryptoEuro on 12.2 million euros was issued by STSS Malta Limited, the legal entity of the Stasis platform. STSS Malta Limited was registered in May 2018 in Malta. Crypto euro belongs to the category of so-called stablecoins ... Read more about " Stasis have issued "crypto euro" EURS " on coinatory.com

IBM and the Danish shipping company Moller Maersk are developing the TradeLens blockchain platform for the documentation of real-time cargo transportation. Access to the platform will have business representatives and regulators. Information about this is contained in the press release of IBM. The TradeLens platform will enable freight carriers to organize convenient financial document circulation. The technology of blockchain will be used in the platform to ensure a high level of confidentiality and data security. According to Forbes, ... Read more about " Maersk led the blockchain into the open sea " on coinatory.com

Large technological and financial corporations are looking for their way into the world of the blockchain. Another evidence is the IBM project to create LedgerConnect. LedgerConnect is a kind of "store of blockchain applications," in which the banks of Barclays and Citi takes part. The created platform will host blockchain solutions from different providers, which may be needed by various credit organizations. The main areas of application of the blockchain are the process of verification of bank customers, the verification of companies to ... Read more about " IBM is launching "blockchain apps store" for banks " on coinatory.com

Let"s understand what is the reason for the mistrust of the crypto community to stable cryptocurrencies. A stable cryptocurrency, or stablecoin, is a fixed-rate cryptocurrency. The majority of currencies are determined by the market: buyers and sellers exchange tokens, and the rate is formed by supply and demand. Stable cryptocurrencies, on the contrary, try to have a fixed rate. The most famous stablecoins - Tether (USDT) and TrueUSD (TUSD). These coins are provided with fiat money, and the mechanism is fairly simple: a third party ... Read more about " Why nobody trusts in stablecoins? " on coinatory.com

The American giant IBM, in partnership with the Stronghold start-up, began working on a new cryptocurrency, tied to the US dollar. Stablecoin is called Stronghold USD and will be launched on the Stellar blockchain, reports Fortune. The technology giant is a pioneer in the field of business solutions based on blockchain technology. For example, the company has developed a program with which it is possible to track the chain of international transfers in real time, and also to conduct such transactions several times faster. Recently, ... Read more about " IBM started testing its "cryptodollar" on the Stellar blockchain " on coinatory.com

The disruptive nature of cryptocurrency is self-evident, offering the world an excellent alternative to the already existing financial model that has controlled the ownership, storage, and the transfer of value for ages. While many may see cryptocurrency as a virtual currency of destruction that has come to destroy the existing financial structure, others see it as a great opportunity that makes life easier when used as a medium of exchange of goods and services. Unlike most cryptos, Stellar is entirely complaint with regulators and ... Read more about " What is Stellar Lumens? " on coinatory.com