June 24, 2020
This week in the landscape…Deloitte releases its 2020 Global Blockchain Survey showing that 39% of companies globally now have blockchain in production, up from 23% in 2019 — this survey is packed full with insights that blockchain is pushing forward throughout the enterprise. HSBC has completed the world’s first commercially viable trade-finance transaction using blockchain. The U.S. Air Force is working with SIMBA Chain to develop a blockchain for supply chain logistics. China Guangfa Bank (China’s largest commercial bank)has recently launched the first cross-border blockchain-based financial system to allow seamless payment settlements throughout the Greater Bay Area-comprised mainland China, Hong Kong, and Macau — keep an eye on this as the region’s 11 cities have a combined population of~70m and growing, compared to the San Francisco Bay Area with ~8m. PayPal, Venmo to roll out crypto buying and selling. Amazon patents blockchain-driven enhanced supply chain transparency. William Shatner tokenizes his favorite memories on the WAX Blockchain. Unstoppable Domains’ new blogging platform for, Unibright is baselining additive manufacturing, reading on plans to digitize containerization. Plus Celo oracles overview, DApps for battling fake news, the first look at Dapper Lab’s Flow blockchain, and more! Enjoy!
A recent survey from Audit Firm Deloitte shows that almost 40% of respondents from significant technology companies worldwide currently have blockchain in production. The survey revealed many firms are increasingly prioritizing blockchain technology and the potential of digital assets in the future…read more
🌎 ‘Largest Distributed Peer-To-Peer Grid’ On The Planet Laying Foundation For A Decentralized Internet
Kristof de Spiegeleer, founder of ThreeFold, a project to decentralize the internet, claims that this project has 5–10X more capacity than the capacity of all other blockchain projects. The project has 18,000 CPU cores and 90 million gigabytes. That seems almost heretical for blockchain projects, which typically talk more than the code, but this isn’t your typical pump-and-dump crypto play. Instead, it’s a long-term project to rewire the internet in the image of its first incarnation: decentralized, unowned, accessible, free.…read more
🏦 HSBC Completes First Trade-Finance Deal Using Blockchain, Opening $9 Trillion Market For Mass Adoption
UK-based banking giant HSBC has completed the world’s first commercially viable trade-finance transaction using blockchain. HSBC processed a letter of credit for US food and agricultural group Cargill. The Banking Giant used the Corda blockchain platform, which was developed by technology consortium R3 (The R3 Team). The company said that Cargill’s transaction was for a shipment of soya beans from Argentina to Malaysia last week…read more
US Air Force has opted for SIMBA Chain, a blockchain-as-a-service company, to research and develop a blockchain for supply chain logistics in two years. The blockchain company received $1.5 million and entered Phase II of its Small Business Innovation Research (SBIR) USAF project with a renewed mandate to investigate blockchain’s military supply chain value propositions…read more
Chinese biggest commercial bank China Guangfa Bank has recently launched the first cross-border blockchain-based financial system to allow seamless payment settlements throughout the Greater Bay Area-comprised mainland China, Hong Kong, and Macau. China Guangfa Bank’s blockchain platform provides information verification services for systems including customs declarations, and authorization of cross-border credit information…read more
The Islamic Development Bank’s research organization is partnering with the Samsung-backed blockchain provider Blocko, aiming to develop a blockchain-based smart credit management system. The partnership is part of the E24P regional consortium launched by Blocko across the Middle East, Africa, and South-East Asia in April. The system will help banks deliver a truly unique solution that can have a significant impact on the world of Islamic finance…read more
With many uses in financial inclusion, smart contracts, and the tracking of goods and transactions, blockchain technology is a powerful tool for fighting fraud. The records cannot be altered retroactively. The article highlights 10 of the most promising European startups supporting and stretching the use of blockchain through their primary services and products…read more
More For Your Week:
DApps (Decentralized Apps) Watch
Ethereum Version 2.0 is set to launch in the second half of 2020. ETH 2.0 will change the dynamics of Defi in one way as we might see less congestion with transactions in Defi, and potentially the staking model might reduce the costs of transactions…read more
The Austrian government is focusing on the development of blockchain-based COVID-19 App. Recently, A project called QualiSig received €60,000 ($67,600) from the country’s Federal Ministry for Digital and Economic Affairs. The project creates three COVID-related prototypes around fraud prevention, fake news, and health data by using elements of Austria’s digital identity system…read more
Roll, the New York City-based startup currently in private beta, offers presently about 160 social tokens, such as the $ALEX, the $KERMAN, and the $CALVIN, each representing an artist, influencer, or entrepreneur. Roll describes itself as offering up blockchain infrastructure for social money. It creates ERC-20 tokens on users’ behalf and makes social capital easy to store and handle. It provides an exchange to buy and sell them…read more
🎙️ Research: State of the Blockchain & DApps 2020:
Available now, for free is my latest research on Decentralized Applications or DApp “Stack” Landscape Map— the Q2 2020 edition. This map provides a full overview and taxonomy of the emerging DApps industry highlighting over 400 global companies teaching playing a vital role in building next-generation applications. As a bonus, I’ve included some of the ecosystem players and groups you need to be familiar with as you prepare to release your applications. If this is the first version you’ve seen of the landscape, consider it your guiding roadmap to further understanding not only the industry but all the core technology required to build a full or partial Decentralized Application (DApp).
Additionally, you can find my Q1 2020 research on the entire Blockchain Landscape. This is now the fifth edition of the landscape. You’ll find over the map includes 747 companies (900+ total unique + broader key Ecosystem players) that have seen $22 bn+ USD in funding raised from 2010–2020 — over $18 bn invested alone since 2017!
📣 Want to stay up-to-date with all the headlines, investments, in-depth research, and latest landscapes on the Blockchain, DApps, DeFi, and FinTech industries? Subscribe and follow me on Twitter for weekly updates and more!