Ethereum now available on Amazon Managed Blockchain

Tech giant Amazon just announced the general availability of Ethereum on its managed blockchain. According to Amazon Web Services, or AWS, users now have the ability to “provision Ethereum nodes” as well as connect to the blockchain’s mainnet as well as the Ropsten and Rinkeby testnets through the Amazon Managed Blockchain. The program claims to offer secure access to the network with “standard open-source Ethereum APIs” and syncs to the Ethereum blockchain. “Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of…

Sony Europe joins Theta blockchain validator program

Sony’s European subsidiary is the latest company to join the validator program of the Theta Network, a decentralized blockchain-based video protocol. Sony Europe’s research and development group, the Center Europe Brussels Laboratory, has joined Theta’s enterprise validator and governance council program, the company announced Tuesday. As part of the development, Sony will operate an enterprise validator node located in Europe to validate network transactions on Theta’s proof-of-stake consensus protocol. Sony Europe will also act as a member of the governance council to participate in strategic technology planning and ensure the…

Organizations work toward adopting blockchain tech

Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.” For instance, invoices and other financial products can be tokenized to ensure that transactions are valid and should be processed for payment across multiple parties. Coke One North America is one of the first large corporations to demonstrate this. CONA is leveraging the Baseline Protocol — a project that coordinates confidential workflows between enterprises…

Blockchain sports firm Chiliz to expand in US with $50M investment

Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday. Dreyfus told Cointelegraph that the firm is setting up an office in New York and will start working with local leagues and sports franchises. New York is the “headquarters for the sports industry in the U.S,” Dreyfus said, stressing that the new office will be critical for Chiliz’s global expansion. In a Reuters interview, Dreyfus said that the company is preparing to launch fan tokens with franchises from the five…

Tezos gets new oracle through Wolfram Blockchain Labs integration

Wolfram Blockchain Labs, the cryptocurrency-centric division of popular computing engine provider Wolfram Alpha, is adding support for Tezos on its platform, providing a two-way interface with the blockchain. Announced on Monday, the integration adds support for Tezos blockchain data within the Wolfram Language, which allows developers to obtain analytical data from the blockchain. The language specializes in advanced statistical queries that analyze smart contract activity, and the integration primarily aims to ease the deployment of smart contracts on Tezos. In addition, Wolfram Blockchain has developed an oracle for Tezos that…

China’s BSN partners with TON Labs to utilize Telegram blockchain

TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the BSN China infrastructure, TON Labs will adapt the Telegram-built TON protocol to suit the demands of Chinese regulations. Hence, the TON network implementation on BSN China will be an open permissioned blockchain version. According to He Yifan, CEO of Red Date Technology — a founding member of…

Gazprom Neft uses blockchain tech to streamline aircraft refueling

Russian oil firm Gazprom Neft’s aviation subsidiary — Gazpromneft-Aero — announced Monday that it has completed a successful pilot of its blockchain-based refueling project, Smart Fuel. The new platform was implemented for more than 100 scheduled flights of Russian budget airline Smartavia, operating at the international airport of Murmansk. Alongside Smartavia, the pilot involved major banks VTB and Raiffeisenbank. Dmitry Makarov, head of the Smart Fuel project, told Cointelegraph that the blockchain-based trial in Murmansk ran from September to December 2020. Following the successful pilot, Gazpromneft-Aero will continue providing its refueling…

Blockchain and crypto will challenge current finance, Nigeria VP says

Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain.  “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine,” Osinbajo said on Friday during the Central Bank of Nigeria, or CBN, Bankers’ Committee Economic Summit. “We need to be prepared for that seismic shift, and it may come sooner than later,” he said. The Nigerian vice…

$97B retail firm uses IBM blockchain to track food supply

IBM’s food-tracking blockchain technology will be used by the Carrefour multinational retail firm to track food supply lines from the farm to the store. An agreement between Majid Al Futtaim — the firm that operates Carrefour in the Middle East — and IBM will see the retail giant use the IBM Food Trust initially to track two food categories: chicken and microgreens. The IBM Food Trust is a blockchain-specific platform designed for the food industry, hosted on the IBM Cloud. Carrefour, which recorded $97 billion in revenue in 2019, will…