John Hancock, a US subsidiary of Toronto's Manulife Financial Corp., has partnered ConsenSys and BlockApps to develop an Ethereum
blockchain PoC within the company's Lab of Forward Thinking (LOFT).
This is GDR's second phase in its Blockchain development following the announcement of their first
Blockchain POC earlier this year.
As an Innovation Spotlight presenter, GDR presented
the Blockchain POC demo at the Wall Street Blockchain Alliance's Blockchain for Wall Street event this week.GDR's Chief Product & Operation Officer, Todd Veale, demonstrated to approximately 300 attendees from investment banks, law firms and service providers.
Other news: - Abu Dhabi Regulator Joins the R3 Blockchain Consortium SegWit Activation Complete, Litecoin Charts a Course for the Future Microsoft Unveils New Framework to Speed Up
Blockchain PoCs Russia's Largest Exchange is Using Blockchain to...
Not exact matches
According to a recent Morgan Stanley Research report, these
POC efforts, which test
Blockchain's viability as a settlement and payment alternative, are the first critical step toward adopting the technology, followed by broader socialization within the industry and regulatory scrutiny.
Japan Net Bank Pilots
Blockchain Technology to Reduce Costs and Improve Efficiency TOKYO — February 6, 2017 — Today Tech Bureau, a fintech and cryptocurrency solutions company, announced a
PoC (Proof of Concept) project...
However, use of the
blockchain is still in its infancy and organisations are generally looking at proof of concepts [
PoCs].
This
POC does this by storing service - of - process data from ServeManager's mobile application on Integra's
blockchain ledger.
The idea behind the
POC is to use
blockchain technology in order to provide courts, lawyers and others connected to a case with access to verifiable, untampered data on service of process, Carlyle told me.
Two companies — ServeManager, which markets a software platform for process servers, and Integra Ledger, which is developing a
blockchain for law — recently worked together to develop a proof of concept (
POC) for the use of
blockchain as a means of verification of service of process.
That means sidechains or other
blockchains that might be utilizing POS, POW, DPOS, and
POC can all talk to each other and with NULS.
The
PoC operates on the Ethereum
blockchain, with the charging station acting as a point at which both customer authentication and the processing of payments takes place.
The company has partnered with Ethereum - based
blockchain startup Slock.it, founded by former Ethereum CCO Stephen Tual, to develop proofs - of - concepts (
POCs) involving the technology.
Blockchain startup SmartContract is officially unveiling a new a proof - of - concept (
PoC) built with assistance from five major financial institutions today at Swift's Sibos conference.
Last year, Audi released Proof - of - Concept (
PoC) documentation of their first proposed
Blockchain system.
Overall,
blockchain is listed along with roboadvisors and AI as FinTech tools that will continue to «to attract more attention over the next few quarters», though this could depend on the success of
PoCs.
Gray added that he believes the offering will expedite enterprise
blockchain development, as it enables enterprises to develop proofs - of - concept (
PoCs) and scale to full production systems.
While nothing commercial has come out of the
PoC yet, Gerryts said, the company has been head's down on the project for the Toyota Research Institute, which announced this week that it will form a consortia with multiple
blockchain startup partners to focus on potential uses of
blockchain.
The South African Reserve Bank (SARB) is launching a proof of concept (
PoC) project to replicate interbank settlements on an Ethereum - based
blockchain, in conjunction...
Currency Port Limited will also join the
PoC to contribute its
Blockchain technology.
This project is a continuance of NRI's previous effort to promote open innovation in October, 2015 when it established its first
PoC on
Blockchain with Nomura Securities.
In the event of a
blockchain failure, the system administrator can view the history of actions on the other
blockchain, thus realizing security of historical data and high - scalability, major goals of this
PoC.