IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator. Corporations mingle with blockchain startups Local news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition of its four-month program. Per the report, Tribe helps blockchain startups in their growth-stage by connecting them with major corporations. Startups of this second group operate in fields such as media and advertising, cybersecurity, healthcare, fintech and supply chain management.  The list of participating startups includes Binance-backed…

Coffee Industry Taps IBM Blockchain Solution to Track Supply Chain

A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020. Building on IBM Food Trust Platform Farmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain to coffee supply chain tracking using the IBM Food Trust Platform, the firm announced on Sept. 18. According to a press release by Farmer Connect, the startup has worked with global tech giant…

Blockchain Being Used to Turn Ocean Plastic Waste Into Eco-Fabrics

Dutch green fabrics firm Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics traceable via blockchain today. Demand for tracing recycled materials The exhibition is taking place from Sept. 17 to Sept. 19 in Paris at the international textile fair Première Vision, American fashion-focused publication FashionUnited reports today. First revealed on Aug. 20, the collection was specially developed by Waste2Wear in a move to follow customer demand for traceability of recycled materials used in fabrics. The company announced the launch of a beta version of its…

US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers.  As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract. For use in criminal investigations According to the ACC, the cryptocurrency analytics solution is being sought for use by the U.S. Army Criminal Investigation Command (USACIDC) for use in criminal investigations and other missions. The notice outlines that the contractor must provide a cloud-based, online service —…

Hedera Hashgraph, Touted as High-Speed Blockchain Alternative, Goes Live

Hedera Hashgraph has launched its long-awaited public network, backed by some of the world’s largest corporations and promising faster transactions and greater capacity to scale than any blockchain to date. Since December 2018, the network had been available in a testing environment to a small group of corporations and developers. As of 00:00 UTC Tuesday, anyone can open an account or build a decentralized app (dapp) on the hashgraph, which is similar to a blockchain but uses a different mechanism to achieve consensus about the state of the ledger. With…

Harbor Tokenizes $100 Million in Real Estate Funds on Ethereum Blockchain

The startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. On Sept. 16, Harbor announced in a blog post that iCap Equity is using Harbor’s blockchain-enabled platform to improve its liquidity in four of its real estate funds which manages over $100 million in assets. Harbor created the tokens on the Ethereum blockchain, which represent portions of the funds. The partnership between the two companies will allow iCap Equity’s investors and placement agents to buy and sell iCap…

Blockchain Is a New Frontier According to Top Executives, Investment Levels Plummet

There are mixed indicators regarding the current progress or stalling of blockchain adoption throughout the enterprise world. Research has indicated that investments have dropped by over half over the last year, contrary to other research showing a growing sentiment toward the vitality of blockchain adoption as an innovative technology. For example, Research by CB Insights in 2019 indicates that there may be a separation between corporate adoption and corporate investments into blockchain companies. As reported previously by Cointelegraph, blockchain investments have dropped by up to 60% since 2018. However, this…

Los Angeles Mayor’s Office Hosts Blockchain Startup Competition

The Los Angeles Mayor’s Office of Budget & Innovation and the city’s Information Technology Agency (ITALA) have partnered with Goren Holm Ventures (GHV) to host a blockchain startup contest called Block Tank. According to a Goren Holm Ventures press release published on Sept. 16, the event will take place in front of a panel of celebrity judges at investment-focused blockchain conference CIS. Investing in local innovation Winners will receive a $25,000 minimum investment offer from GHV and a $25,000 pilot project with the city. Ted Ross, the City of Los…

Blockchain Will Transform Most Industries in 10 Years

Information technology service management giant Gartner foresees blockchain becoming transformative for most industries within 10 years. Gartner made its remarks in the press release accompanying its 2019 Hype Cycle for Blockchain research, published on Sept. 12. “Some level” of blockchain adoption in the next 3 years: CIOs The Hype Cycle report tries to provide “an overview of how blockchain capabilities are evolving from a business perspective and maturity across different industries.”  Research vice-president at Gartner David Furlonger said: “Even though they are still uncertain of the impact blockchain will have…

Queensland’s Real Estate Institute to Launch Blockchain Tenancy Platform

The Real Estate Institute of Queensland (REIQ) teamed up with local tech startup Igloo to launch a blockchain-based tenancy agreement platform by the end of 2019. As news outlet ZDNet reported on Sept. 15, REIQ general manager Josh Callaghan stated that the new platform will use smart contracts to create “a simple and secure transaction for each tenancy agreement to leverage the benefits of the technology as an irrefutable source of truth,” adding: “All parties will have visibility over the contract at any time from the palm of their hand.…