Catch up on some of the most current and impactful news in the world of crypto and blockchain technology
📍In France, the pharmaceutical company Transgene implements the technological platform Hypertrust, based on blockchain, with the aim of developing a series of clinical trials that will allow the creation of specialized medical products against cancer. The developed project is named myvac and is focused on the analysis of cells for the creation of personalized vaccines that help recognize and combat the malignant cells that cause the disease. The contribution of blockchain technology in this project is to guarantee the immutability of the data collected during medical trials, in addition to avoiding manipulations and alterations to the products developed within the supply chain.
📍For its part, China continues to focus on leading the technological field through the development of blockchain. Now, the Asian giant launches the first public resource bidding system based on this technology, which seeks to guarantee the security and transparency of resources assigned by the government to public and private companies for the development of government projects. The new system, named Kunyilian It is implemented in the city of Kunming, where a total of 60.000 blockchain certificates have already been registered during the testing phase.
📍In Shanghai, DNV GL is using blockchain technology to ensure compliance with current health and safety protocols within the InterContinental hotel Shanghai Hongquiao NECC. Through the implementation of blockchain technology, hotel managers will be able to guarantee absolute compliance with the health and sanitation standards established within all their facilities, such as the cleaning of air conditioning systems, the disinfection of swimming pools, the cleaning of rooms with disposable implements and much more. The blockchain platform will keep a transparent record of all these processes and will issue a certificate for risk control, in order to provide security and trust to all users.
📍Meanwhile, in the Netherlands, the Port of Rotterdam will use a blockchain-based system that will allow freight forwarder operators to control the container release and unloading process. The new system seeks to solve several failures detected in the current system implemented at the port, which uses easily manipulated PIN codes and which can present delays during the authorization process. Now with the new implementation, operators will use Tokens unique to carry out the container loading and unloading processes, and being based on a blockchain, the immutability of the processes will be guaranteed, improving the efficiency and security of operations.
📍Continuing with the fever of central banks to launch a CBDC, it seems that the Bank of England also has plans to create its own digital currency. According to the Bank's president, Andrew Bailey, managers are analyzing whether or not the bank should issue a digital currency. In April of this year, the BOE made an eye-catching webinar talking about CBDCs and the impact they would have on the banking world.
📍The project cryptocurrency From Facebook, Pound and now known as New, reveals its details before the European Commission. In an issued document, the organization New states that the Libra project does not create a direct exchange right for users, so it will actually function as a kind of bank, which in addition to issuing money will also have authorized distributors who will have the authority to redeem the funds or not. . Likewise, the services provided by these authorized distributors will charge commissions and it will be the users of the payment system who will cover these expenses.
Continue reading: Implementations and development of blockchain technology around the world
