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Tag Archives: hyperledger

porsche blockchain

Porsche to explore the Blockchain technology

German automobile manufacturer Porsche wants to explore the blockchain technology.

According to a press release, Porsche announced a new startup competition last week with the main goal of attracting companies that work in the blockchain industry as part of a bid to test potential applications.

This is the first time Porsche has talked about its interest in the distributed ledger tech.

Porsche is offering €25,000 in prize money and a three-month stint at SpinLab, an accelerator based in Leipzig that the automobile company supports.

Applications for this contest are due by May 15th.

Below you can read a statement published by the German company:

“Porsche aims to obtain external input on the disruptive potential of the blockchain transaction system by collaborating with the start-up scene. The central question is to what extent the application of this technology in the value creation chain of the company makes sense. Moreover, other forms of potential long-term collaboration will be investigated.”

Porsche is not the first automobile company to reveal its interest in exploring the blockchain for possible use cases.

In February, in fact, Daimler AG announced that it was joining the Hyperledger project, explaining how the blockchain is “a promising technology, not fully mature yet, but continuously growing”.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

IBM Watson uses the Blockchain in Singapore

IBM Watson project and the Bitcoin blockchain are two new technologies that might change the way we live and work in the near future.



Today tech giant IBM opened a new incubator with 5,000 computer technicians that aim at creating several prototypes by using the IBM Watson AI tools and the Bitcoin Blockchain.
This innovative environment is called the Watson Centre and it is situated in the Marina Bay in Singapore and in the IBM Garage, specialized in developing blockchain applications thanks to the IBM Open Standards tools within the Global Entrepreneur program that was launched back in 2010.
Randy Walker, CEO at IBM for the Asian zone, explained this project with these words:
“Watson and blockchain are two technologies that will rapidly change the way we live and work, and our clients in Asia Pacific are eager to lead the way in envisioning and creating that future.”

IBM Watson and blockchain



This new center comes thanks the study of the distributed ledger applications started back in 2015 when IBM joined the Hyperledger project.

Also, at the beginning of 2016, Chris Ferris, CTO at IBM, became the project leader of the aforesaid open-source blockchain project.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Red Hat to help blockchain related startups

Yesterday Red Hat announced its idea to start its OpenShift blockchain that aims at helping financial companies with their initiatives related to the disruptive distributed ledger.
Thanks to OpenShift, Red Hat users can create blockchain applications using tools provided by indipendent sellers and with the support of Red Hat’s Openshift Dedicated program.

How Openshift works 

OpenShift Dedicated wants to help the startups related to blockchaintech, fintech ISVs, and traditional financial companies to begin their blockchain-based projects.
“A lot of folks in the market are looking to deploy on the big cloud providers, Amazon, Google, Microsoft. There are many companies offering cloud support”, Tapia commented.
Tapia clarified that OpenShift Dedicated is available on Amazon and will soon be available on Google and Microsoft Azure as well.
During a recent interview, director of OpenShift, Julio Tapia, explained that the company wants to use its own experience in the open source sector related to blockchain technology.
These were his words:
“We want to position ourselves with not only customers and partners, but leverage solutions developed in the entire ecosystem, taking all the innovation going on in the industry, maturing it for an enterprise market and making sure all the solutions can be launched and supported.”

Red Hat with Hyperledger

Previously, in February, Red Hat announced its partnership with the Linux Foundation’s Hyperledger project, “an open source platform to advance the blockchain digital technology for recording and verifying transactions”, according to the press release.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Hitachi is studying the Blockchain

Some days ago the Japanese company Hitachi announced that it will open a research laboratory in the US that will study the blockchain ledger and its possible applications.
The lab will partner with Hitachi technology innovation division and it will be opened next month in Santa Clara, California.

Hitachi wants to use the research laboratory to work on some projects for its customer base.

In a press release, Hitachi explained:

“By establishing the Financial Innovation Laboratory in the Silicon Valley, Hitachi will accelerate research [and] development of blockchain technology, collaborative creation with customers, and development of solutions to support business innovation in financial institutions.”


Hitachi partners with Hyperledger

This statement follows a previous company’s news related to the blockchain: in fact, in February Hitachi joined the Hyperledger Project, an advaced blockchain technology that aims at “identifying and addressing important features for a cross-industry open standard for distributed ledgers that can transform the way business transactions are conducted globally.”

The Hyperledger Project is a Linux Foundation collaborative project that stars some of the most important companies in the world, including IBM, J.P. Morgan, Fujitsu and many more.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio