Beyond Blockchain #7: Companies tied to cars, plastics, and solar panels manufacturing move towards DLT adoption

One of the biggest myths about blockchain and distributed ledger technologies (DLTs) is that they are costly and inefficient. Those who share this stance are likely unfamiliar with permissioned and private blockchains which are finding increased adoption among enterprises. Unlike their public counterparts, these in-house systems are energy-efficient, incorporate access control layers, and have found applications in many industries.

This week’s Move Digital Beyond Blockchain series provides clear examples of how companies in Asia and the United Kingdom are finding simple but efficient DLT use cases. These DLT implementations are improving their products while addressing key operational bottlenecks.

Car Manufacturer MG to Store Driving Data for New Cars on Blockchain

MG is…

Beyond Blockchain #6: Europe, South America and Asia Make Bold Blockchain Moves

Blockchain technology is shaping the structure for a new era of online transactions and activity. If the dawn of the internet enhanced cross-border communication, the emergence of distributed ledger technology (DLT) is facilitating online activities in a permissionless, trustless, and more efficient manner. Enterprises are noticing this and many of the most respected companies worldwide are turning to the technology to address key bottlenecks in their businesses.

As we’ll find out in the release of the Move Digital Beyond Blockchain series, there has recently been widespread adoption of DLT to resolve issues related to cross-border tax compliance and renewable energy…

Beyond Blockchain #5: Amazon, Tesla and Allianz scramble to adopt blockchain technology

Small and large-scale enterprises, both within and outside the tech industry, have made significant progress towards the adoption of blockchain technology. Distributed ledger technology (DLT) has helped major enterprises address significant bottlenecks in their operations and significantly improve processes surrounding security and overall performance.

This week’s release of the Move Digital Beyond Blockchain series is the first to feature a top-five company — Amazon. A recent job posting from the $1.8 trillion company sparked significant market movements in the Bitcoin world while also providing a rare snippet into what the company is planning to do with blockchain-based payments.

Other developments…

Move Digital is positioning itself to be the premier advisory company for enterprises looking to improve their operations with decentralized ledger technology (DLT). The broad suite of services offered by Move Digital combined with the team’s long track record in the industry ranks the company among the leading options in the enterprise blockchain space.

Enterprises navigate tough terrain when it comes to independently implementing DLT solutions. They are faced with countless options when it comes to the tech stack and incorrectly choosing components can lead to failed implementations. …

Beyond Blockchain #4 — Samsung, Australia, India and Big Banks Bank On The Blockchain

Over the past fortnight, enterprise blockchain adoption has continued to accelerate at a rapid pace, attracting investments from the world’s largest corporations and governments. Solutions underpinned by the technology are proving efficient for solving long standing societal and enterprise issues.

In this edition of the Move Digital Beyond Blockchain series, South Korean technology giant Samsung features prominently as it continues to expand its activities in the global blockchain market. Australia also made a notable allocation to blockchain enterprise use cases as part of its A$800 million ($569m) digital roadmap. …

Beyond Blockchain #3 — Indian Banks and Zimbabwe’s Export Beef Export Markets Turn to Blockchain Solutions

It’s been another action packed fortnight in the world of enterprise blockchain with developments across several industries including agriculture, banking, and public utilities. The banking sector currently accounts for roughly 30% of the total investment being allocated to blockchain and DLT solutions but the potential innovation extends far beyond banking.

In the latest Beyond Blockchain release, we review the biggest developments in the world of enterprise blockchain over the past two weeks. These developments include governments, major tech companies, and leading payment processors. …

Beyond Blockchain #2 — Airlines Could Get Fueled 100x Faster as Blockchain Adoption Accelerates

In 2015, Bob Greifeld, then Chief Executive of Nasdaq, described blockchain as the “biggest opportunity set we can think of over the next decade or so.” Almost six years have passed since then and we are still only scratching the surface when it comes to discovering the potential embedded in blockchain networks and distributed ledger technology (DLT) systems.

However, it is not for a lack of trying. Billions of dollars have been invested in DLT research and deployment. In the first quarter of 2021 alone, blockchain startups raised $2.6 …

Beyond Blockchain #1 — Why Enterprises are Implementing Blockchain Solutions

Enterprise adoption of blockchain solutions has advanced rapidly in recent years. Smaller companies have been aggressively investing in blockchain solutions in an attempt to secure a competitive edge.

At the same time, larger corporates have been launching private blockchain solutions that have allowed entities to tap into the broad benefits of blockchain technology. Ernst and Young, IBM, and Microsoft rank among the corporations providing such solutions.

However, implementing the appropriate blockchain solutions for your enterprise is not a straightforward task. There are a myriad of technical solutions to choose from with each having varying tradeoffs.

Moreover, not every enterprise problem…