Biggest Industry Players Banking on Blockchain

Beyond Blockchain #8: Enterprises adopting DLT to tap into new opportunities and revenue sources

Standard Chartered Launches New Blockchain Venture in Singapore

Recently, banking giant Standard Chartered (SC) has been at the center of key DLT partnerships. In late August, Standard Chartered announced its latest venture called Olea in partnership with supply chain finance blockchain startup Linklogis.

Telefonica Unveils Blockchain-Based Certification Network

Based in Madrid, Telefonica is one of the largest telecommunication companies in the world with $9 billion in revenue generated in the second quarter of this year. On September 2nd, the company launched a new blockchain-based service that will allow any company to transparently authenticate certificates and other kinds of documents.

Australia’s Primary Energy Company to Use Blockchain for Renewable Energy Trial

The Australian Energy Market Operator (AEMO) manages Australia’s electricity and gas systems. In a new trial called Project Edge, the company wants to connect distributed renewable energy sources such as solar panels (PV) and wind into the grid. AEMO has partnered with blockchain startup EnergyWeb to provide infrastructure as part of the trial.

Major Japanese Plastic Recyclers to use Blockchain to Back Green Energy Claims

Dainippon Printing (DNP), Mitsubishi Chemicals, and Refinverse are three major plastic recycling companies in Japan. The three companies have partnered with Dutch blockchain startup Circularise for a solution that could help them prove to the public that the trio are reducing the volume of petroleum-based raw materials used in their plastic production. The companies are replacing these environmentally harmful materials with biomass and recycled plastics for DNP’s green packaging brand.

Electronic Arts (EA) in the Hunt for Blockchain Talents

Multi-billion gaming company Electronic Arts is on the job market in search of blockchain talent. The company recently posted multiple job postings for several Senior Director and software roles. The software developer role specifically notes that the company wants builders “for products leveraging machine learning and blockchain.” Electronic Arts is also exploring non-fungible tokens (NFTs) for its gaming applications, a feature that many enterprises are now integrating to improve the customer rewards experience.

Who’s Investing in Blockchain?

Japanese Trade Blockchain Platform Raises $8M: Consortium blockchain platform TradeWaltz welcomed four new investors/partners, namely TW Link, University of Tokyo venture fund, logistics company Nissin Corporation, and marine cargo firm Mitsui-Soko Holdings. The partners invested Yen 900 million ($8 million) and joined seven other firms that were already part of the consortium. The project uses blockchain alongside other new technologies to digitize international trade.

Blockchain Solutions Can Bootstrap Your Business. Find Out What’s Possible

At Move Digital, our objective is to help enterprises unlock new possibilities by integrating DLT-based solutions. Our team of experts will evaluate your company’s objectives to determine key areas where a blockchain solution will yield significant results within the shortest time possible. If you need help mapping out or deploying a blockchain strategy, feel free to send us an email.

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