Blockchain technology remains one of the hottest trends among financial, governmental and commercial organisations worldwide. ForkLog offers a survey of the most notable recent initiatives.
Mercedes-Benz joins Aura blockchain consortium
The automaker Mercedes-Benz присоединился to the Aura blockchain consortium. The latter создали Prada, Cartier and LVMH in 2021 to combat the counterfeiting of luxury goods.
The Aura platform was designed to provide transparency across supply chains and verify the authenticity of luxury items. According to the press release, the consortium intends to expand its functionality. In particular, it will enable participants to issue NFTs.
Mercedes-Benz plans to add NFT-related services to its cars. For example, NFTs could be displayed on the digital instrument cluster.
Ernst & Young launches polygon-based supply chain tracking solution
The British accounting and consulting firm EY (Ernst & Young) launched a supply-chain tracking service built on Nightfall, a Layer-2 solution developed in partnership with Polygon.
The beta version of OpsChain Supply Chain Manager allows issuing tokens and NFTs representing company assets. They can be tracked via the Nightfall solution, built on Ethereum.
OpsChain uses privacy-focused zero-knowledge proof technology, which also makes transactions faster and cheaper.
Wembley Stadium to launch blockchain-based ticketing
The Wembley Stadium in the United Kingdom внедрит a blockchain solution from TIXNGO by SecutTix, enabling event attendees to purchase tickets.
Distributed ledger technology provides security and prevents counterfeiting. TIXNGO also allows organisers to gather information about customers, including ticket-purchase methods.
Wembley plans to use the platform to sell tickets for Ed Sheeran’s concert due to take place in July.
JPMorgan tests blockchain for collateral settlement
Financial services group JPMorgan has launched a pilot project aimed at using blockchain technology for collateral settlements, Bloomberg reports.
As part of the tests, the group carried out several transactions. The first took place on May 20 — two JPMorgan units conducted a transaction using tokenized BlackRock fund shares as collateral.
Union Bank to issue digital bonds on the blockchain
One of the Philippines’ largest banks — UnionBank — запустил a public offering of digital bonds in the local currency. The instrument will be issued on June 20 after registration with the Philippine Dealing & Exchange Corporation.
The minimum issue size will be 1 billion pesos (~$19 million). The bonds carry a fixed coupon of 3.5% and mature in a year and a half.
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