Seoul’s Artbloc to Offer High-End Art Using Blockchain-Based Fractional Ownership

A Korean start-up will be fractionally selling two works by David Hockney in September. Gangnam, Seoul-based Artbloc this month acquired Focus Moving, 2018 and Pictured Gathering with Mirror, 2018. It will be issuing 8,500 tokens for the former and 5,000 for the latter and offering the tokens during an event to be held at Lounge K in Gangnam on September 19....

Telegram’s Blockchain Will Be Compatible With Ethereum: Source

Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on Oct. 31. TON Labs, a tech...

Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food.Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and provide greater value.Optimization through deeper supply chain...

Unconfirmed: Boeing Joins IBM on Hedera Hashgraph’s Governing Council

Major global aerospace manufacturer Boeing has reportedly joined the governing council of enterprise-focused decentralized network Hedera Hashgraph.Ten members so farThe American aircraft giant is the 10th firm in the list of Hedera’s governing council members, including tech giant IBM, Japanese financial holding company Nomura Holdings, Indian telecom Tata Communications and financial services firm FIS Global, Coindesk reported on Aug. 29. According to...

Is Blockchain Payments Integration in Messenger Apps Good for Crypto?

Analysis Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption.However, critics are warning that the blockchain payments integrated with messenger apps may undermine many of the core values underpinning cryptocurrency.  They predict that the majority of individuals’...