Weekly Blockchain News 10/11/19-10/18/19

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Weekly Blockchain News 10/11/19-10/18/19

Five articles on blockchain and data security and seven articles on the commercial uses of blockchain have been presented in the attached spreadsheet.

Blockchain/ Data Security

  • Greatest Progress in Blockchain in Manufacturing Market to Access Global Industry Players like Storj Labs Inc., Cloud Technology Partners, Inc.; NVIDIA Corporation; Chronicled — Blockchain technology is well-positioned to disrupt the manufacturing market and the technology is expected to grow at a CAGR of 38% in the manufacturing segment.
  • Ex-CFTC head pushes for blockchain dollar — Christopher Giancarlo, former chairman of the CFTC and a former CFTC chief information officer, argued that the US dollar should be issued on a government-sanctioned blockchain protocol.
  • China to deploy a national blockchain service network — China is testing a nationwide blockchain service network (BSN) that will provide infrastructure for blockchain-related projects of municipal governments.
  • Blockchain and Cybersecurity: Unleashing the Power of Self-Sovereign Identity and Data Integrity — Blockchain could revolutionize the education industry by ensuring both data integrity and immutability for educational record-keeping.
  • Blockchain voting is vulnerable to hackers, software glitches and bad ID photos — among other problems — A cybersecurity expert argues that blockchain-based voting could boost voter turnout, but that the technology still needs to overcome a few critical issues before being implemented in voting systems on a mass scale.

Commercial Applications of Blockchain

  • UBS implements we.trade blockchain — UBS began executing transactions on we.trade, a blockchain-based trade finance platform that handles payment guarantees and invoice financing.
  • Major automakers to pilot vehicle identification blockchain in the US — Five major automakers, Honda Motor Co. Ltd., BMW, Renault SA, General Motors Co. and Ford Motor Co., started testing a blockchain-based vehicle identification system that would allow drivers to pay tolls and fees automatically.
  • Singapore Shipping Association builds blockchain-based e-registry — The Singapore Shipping Association, along with the International Chamber of Commerce, announced that it is developing an international ship registration system using blockchain technology.
  • CoinShares jointly rolls out a gold token ‘DGLD’, built on the bitcoin network — CoinShares and Swiss gold trading firm MKS have jointly launched a digital token built on the Bitcoin blockchain network. The token is fully collateralized by physical gold and is the first such token to be launched on the Bitcoin network.
  • Ford to extend hybrid electric vehicle trials for blockchain system — Ford Motors announced that it would extend its blockchain-based plug-in hybrid electric vehicle pilot program to the German city of Cologne.
  • EY launches blockchain solution for governments to help them improve their financial management — International accounting firm EY has launched EY OpsChain Public Finance Manager, a blockchain solution that will help governments manage public funds.
  • The Developer of world’s tallest skyscraper to launch blockchain rewards token — Emaar, Dubai's largest property development company and builder of the famous Burj Khalifa, announced that it will launch a blockchain referral and loyalty platform later this year.

Pop Culture This week (10/12/2019 – 10/18/2019)

Research Strategy

Twitter does not have an explicit API to track retweet counts. The social media platform does not allow outside entities like statistics and analytics websites to track the retweets and other statistics for any timeframe longer than 24 hours. Therefore, determining the most retweeted tweet for the past week was impossible due to technical limitations. Media outlets and pop culture websites track the most retweeted tweets of all time, but that information is not relevant for the past week. Therefore, we have provided the most retweeted tweet for the end of the week, 10/18/2019, because that information is the only relevant publicly available information.
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