This time of year brings vacation gifts, a global sigh of relief that 2020 is almost over, and a flood of predictions for 2021. Martha Bennett, IT industry analyst at Forrester Research, predicts so 30 percent of blockchain pilots will make it into production. Alistair Rennie, general manager of Blockchain, confirms that the 30 percent is a quota in line with what sees with customers.
Forrester also says that almost all pilot-to-production projects run on approved enterprise platforms that use the cloud, and Blockchain platform will be one of the most widespread in 2021. Maturation technology, more realistic projects, and pandemic acceleration are behind the growth in production Blockchain.
Will your blockchain idea make it into the world in 2021?
Blockchain in the news
COVID-19 vaccines require a breakthrough supply chain
With two COVID-19 Vaccine trials successfully completed and more in the works, attention is turning to the challenges of distributing billions of cans worldwide. As Jason Kelley, general manager of Blockchain Services explains, this is more than just the unprecedented scale of the effort. The logistical challenge of controlling and monitoring temperature in a complex supply chain is to make sure vaccines are kept cold – up to 70 degrees below zero. Otherwise, the vaccine may become ineffective.
This is made difficult by the unique “last mile” challenges of distributing vaccines to a wide variety of administrative agencies, ranging from public institutions to hospitals, clinics, retail pharmacies and doctors’ offices. We know that Build trustworthy vaccine supply chains on a large scale is possible with technologies such as hybrid cloud, IoT, AI and blockchain. The World Economic Forum Agrees that using blockchain to monitor transit doses is key to public confidence in the vaccine. , Merck, Walmart and KPMG have already demonstrated the use of blockchain for End-to-end traceability of pharmaceutical productsand also brings in-depth expertise to a Vendor-neutral blockchain platform for pharmaceutical manufacturers and carriers.
Tracking the vaccine isn’t the only way blockchain can be used in the fight against COVID-19. Mark Treshock, leader in blockchain solutions for healthcare and life sciences, notes that coordinating care with time sensitive second doses of the vaccine will be a key application. Another will be solutions like Digital Health Pass that individuals can show they have been vaccinated and can travel or return to work safely. Until the vaccines can offer comprehensive protection, Digital Health Pass and others digital health passports document COVID-19 testing status to meet company, venue and airline screening requirements.
What else are we reading?
Blockchain patent action is increasing
A current study finds that Further blockchain-related patent applications were published in the first half of 2020 than throughout 2019. is the primary applicant for US blockchain patent filing, with Alibaba rising rapidly Bank of America holds most of the patents. The U.S. Patent Office received a new blockchain patent in November for a “Gaming Consensus Protocol for Blockchain” targeting massively multiplayer online (MMO) games.
New blockchain projects are promoting the global introduction of financial services
Australia and Singapore started one Process of “paperless trading” Using blockchain for simplification business across their borders, while the central banks of Saudi Arabia and the United Arab Emirates (UAE) tried a digital currency Pilot too Improve cross-border trade. In South America it is Colombian Stock Exchange will use Consorcio Calibrí’s blockchain technology to streamline clearing and settlement in the OTC derivatives market.
FinHub stands alone
The US Securities and Exchange Commission announced that its strategic hub for innovation and financial technology, known as FinHub, will become an independent office. The move signals the increasing importance of promoting blockchain and digital assets in the securities sector.
Young blockchain entrepreneurs are noticed
Next to the new record high for Bitcoin came the announcement that the 2020 Forbes 30 Under 30 List of executive functions Eleven bitcoin and blockchain entrepreneurs. Seven are in finance, two in energy, one in venture capital and one in manufacturing.
December features “watch, read and listen”
Webinars: The 2020 Blockchain Pulse Must-Watch List
Are you looking for something to watch over the holidays? Check out all of the great webinars we’ve created this year. In this section, business and technical leaders discuss the impact of blockchain on businesses. Industry sectors and the world.
Videos: Implementation of blockchain innovations in original templates
All BlockpARTy episodes will now be streamed upon request for a limited time. Celebrate the blockchain transformation of consumer confidence, food safety and more.
Solution description: The Learning Credential Network
Blockchain helps bring skills to the hiring process. Find out how this network connects learners, employers and training providers in different industries and countries.
Blog: An invoice reconciliation and dispute resolution use case
Blockchain is about making business relationships run smoothly. Learn how two companies, The Home Depot and Syniverse, use the blockchain platform to resolve disputes and automate business processes.
Podcast: With digital ticketing, venues can be safely reopened
Blockchain impulse Talks with Matt Zarracina and Ken Lesnik, founders of the blockchain-based digital ticket service True Tickets, about how COVID-19 has made their business even more relevant.
Our solutions and the entry
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