Tag: Blockchain tech

  • General Motors Goes All-In On Blockchain Technology

    by levent

    GM Financial, a subsidiary of General Motors that handles financing and loans for customers that want to purchase vehicles, announced on Forbes a partnership with Spring Labs to join the Spring Founding Partners program with the sole purpose of developing financial products within Spring Labs’ blockchain platform. General Motors has previously shown interest in blockchain […]

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  • More Oil Giants to Join Blockchain-Based Platform Vakt for Energy Commodity Trading

    by levent

      Chevron, one of largest American multinational energy corporations, and two other major energy companies have joined Vakt, a United Kingdom-based blockchain platform for energy commodity trading. Reuters reported on the development on Jan. 16. Along with Chevron, Total, a leading French multinational integrated oil and gas company, and major Indian refiner Reliance Industries have become members of the Vakt platform. The article stresses that the agreement is […]

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  • Too Soon for Blockchain Benefits in 2019, Says UPS Executive

    by levent

    Senior executives at United Airlines (UA) and logistics giant UPS think 2019 will not be the year blockchain goes mainstream, the Wall Street Journal reported on Dec. 28. Speaking to the publication, UPS chief engineering and information officer Juan Perez and UA’s executive vice president of technology and chief digital officer Linda Jojo remained level-headed on blockchain’s prospects. “We have a […]

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