1. Lamborghini uses blockchain to authenticate resold cars
“When Lambo?” became a rallying cry for would-be cryptocurrency millionaires during the last Bitcoin bull run; now the Italian supercar manufacturer has itself embraced blockchain, using the technology to authenticate heritage vehicles.
2. German airline Hahn Air issues first blockchain-based tickets
NEW YORK (Reuters) – German airline Hahn Air, which offers scheduled and charter flights within Europe, announced on Monday it has issued the first airline tickets enabled by blockchain technology, in partnership with Winding Tree, an open-source travel distribution platform.
3. Huawei launches government data directory blockchain in Beijing
Yesterday, Chinese tech giant Huawei announced that its blockchain directory for government is live in Beijing, according to East Money. Revealed at a conference on Sunday, the firm has developed a data exchange platform with the immutability and trust enabled by blockchain.
Zhang Xiaojun, head of Huawei’s blockchain activities, believes that the technology’s value is not to “invest in 50 yuan and earn 50,000 yuan in the future”, but to streamline intermediate processes and see permanent cost savings. Which is the issue the firm’s data sharing solution hopes to address.
4. Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators
Visa, the world’s largest card payment network, has been quietly developing a blockchain system that could upend how banks transfer customer transaction data to consumer financial applications like Mint and Credit Karma.
5. After Xi, China’s Central Bank Gives Blockchain Tech a Pump
The Chinese central bank is promoting the use of blockchain in trade finance, soon after the nation’s president made a call to adopt the tech across multiple industries.
6. Walmart launches ‘world’s largest’ blockchain-based freight-and-payment network
The Canadian division of Walmart has launched a blockchain-based supply chain that includes freight tracking and payment processing for 70 trucking companies whose goods are transported to more than 400 retail stores .Walmart claims the blockchain network is the largest of its kind in the world, a claim not disputed by industry analysts.
7. Blockchain just had a field day in China
Blockchain went from being President Xi’s favorite technology to real-world success—as demonstrated in a very public way—when e-tail giant Alibaba used it to power its biggest shopping day on record.
China’s Singles Day, which started out as a celebration of being single, is annually on November 11th (yes, it always falls on 11/11). A decade ago, Alibaba turned the Singles Day concept into a massive shopping day, observed by happy singles, and couples. Last week, the holiday generated a record-breaking $30 billion sales for the e-tail giant in, er, a single day.
8. China forms a national standards committee for blockchain to drive ‘high-tech innovation’
The Standardization Administration of China (SAC), the standards organization authorized by the State Council of China, has set up a national standards committee for blockchain technology to boost “high-tech innovation.”
Announced Wednesday, the SAC said the technical committee is “progressing in an orderly manner” to help “high-tech innovation,” promote “high levels of openness” and lead “high quality development.”
9. Nestlé and Carrefour use blockchain for infant nutrition range
Nestlé and Carrefour have collaborated on a blockchain project wherein the technology is being applied to infant nutrition to improve customer buying experience in terms of transparency and product quality.
The technology will be used on the Swiss food and beverage giant’s entire Guigoz Bio 2 and 3 infant milk range that will allow shoppers to access complete information about the supply chain used to bring the product to the shelf through a scan of a QR code on the packaging.
10. How blockchain could solve Facebook and Twitter’s political ads problem
Political advertising is running riot in our democracies. In Brexit-beleaguered Britain, campaigns are running unverified claims on buses, while their sources of funding remain unclear. In the US, things are no better. During Mark Zuckerberg’s recent testimony to Congress, Democrat Rep. Alexandria Ocasio-Cortez challenged the Facebook founder, pointing out that under the social network’s fact-checking policy, she could run ads falsely claiming that Republicans supported her policies with impunity.