Smart Contracts

Global TradeSmart Contracts

Blockchain Testing Underway for Global Trade Transaction

Commonwealth Bank of Australia, Wells Fargo and Brighann Cotton have undertaken a mission to complete a global trade transaction between two independent banks, combining blockchain technology, smart contracts and Internet of Things. The transaction involved a shipment of cotton from Texas, USA to Qingdao, China, using a distributed ledger –...
BlockchainBlockchain DAppsSmart Contracts

Chain of Things Plans Blockchain for Shipping Event in Hong Kong 24 Nov -“Smart Bills of Lading”

The shipping industry is stifled by paper based processes, delayed detection of quality control issues, expensive proceedings for contract dispute arbitration, and massive amounts of documentation fraud. Even though the industry has been slow to adopt electronic documentation, it is growing more digitized and connected to the Internet. As it...
BlockchainSmart Contracts

Symbiont Releases Enterprise-Ready Distributed Ledger

Smart contracts platform Symbiont has announced the release of its software development kit for Assembly, the permissioned distributed ledger component of Symbiont's smart contracts system. The high performance Byzantine fault-tolerant distributed ledger focuses on security and is able to process a sustained 80,000 transactions per second in a regional multi-node...
Blockchain DevelopmentFinancial ServicesSmart Contracts

Financial Services Blockchain Solutions From KPMG

KPMG has announced the introduction of its Digital Ledger Services, a suite of services designed to help financial services companies realize the potential of blockchain capabilities in providing faster and more secure transactions, streamlining and automating back office operations, and reducing costs. The Digital Ledger Services includes full lifecycle support...
Smart Contracts

Importance of Smart Contract Templates for Future Development

A report titled ‘Smart Contract Templates: foundations, design landscape and research directions’ was published recently, examining some areas of focus and interest for the future of smart contracts. Christopher D. Clack Centre, Blockchain Technologies Department of Computer Science at University College London; Vikram A. Bakshi and Lee Braine from Investment...
Smart Contracts

Chamber of Digital Commerce Launches Smart Contracts Alliance

Digital asset and blockchain promoter, the Chamber of Digital Commerce has launched the Smart Contracts Alliance (SCA), an initiative of leaders in the smart contracts ecosystem to promote the real-world application of the technology. Via blockchain technology, smart contracts have the potential to deliver greater efficiency, transparency and automation across...
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