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WEF Says Blockchain Needed To Create Trust
Blockchain
WEF Head Sheila Warren Says Blockchain Could Solve The Trust Crisis
The World Economic Forum’s Head of Blockchain and Distributed Ledger Technology, Sheila Warren, recently commented on the growing blockchain need. Specifically, she argued blockchain technology is necessary to combat the worsening international trust crisis. Blockchain needed to combat worsening trust crisis Warren made these comments in a recent interview with Cointelegraph. In it, Warren explained that society as a whole is experiencing eroding public trust towards a host of institutions. …
Blockchain
Blockchain Firm Raises $6 Million from Energy Companies Who Want to Be Using Blockchain
Blockchain companies are increasingly being wooed by traditional companies, as the benefits of blockchain technology become increasingly evident. Now, reports are emerging that the American blockchain startup Data Gumbo Corp. has raised $6 million from energy companies – as these seem set to become energy companies using blockchain.  Data Gumbo has been funded by Saudi Aramco and Equinor Specifically, this news came from the energy news outlet World Oil, and…
AWS releases AMB
Adoption Blockchain
Amazon Announces General Availability of Amazon Managed Blockchain, Making It ”Easy and Cost-Effective” to Deploy Blockchain Networks
Amazon has recently announced it is now entering the blockchain technology fray, joining a growing group of blockchain-embracing software giants which already include Microsoft and Oracle. Specifically, Amazon Web Services (AWS) is making the Amazon Managed Blockchain (AMB) available to the public. Amazon Web Services releases Amazon Managed Blockchain This news came in an announcement from Amazon Web Services on April 30th. Notably, Amazon Web Services is Amazon’s cloud computing…
A ”Blockchain City” With Support From The Chinese Government Is Being Created in Malaysia
Blockchain
A ”Blockchain City” With Support From The Chinese Government Is Being Created in Malaysia
The Chinese government has famously had a complicated relationship to blockchain technology. Although the Chinese government has previously adopted blockchain technology to some extent as a means to curb corruption as well as improve traceability and liability, it has also come out strong against cryptocurrencies. Now, however, it would seem that the Chinese government is hedging its bets in regards to blockchain technology. Specifically, a recent report is now alleging…