Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain and DLT news
- BMW’s blockchain platform Vantage is set for a pilot in South Korea, per Chosun. The platform will allow BMW customers to accrue “coins” on a blockchain network for completing lifestyle-related actions. The media outlet reports that the pilot will be a world-first. Application forms for a small select group of volunteer pilot participants will be sent to customers who have purchased a BMW vehicle in the past three years have been sent out. These applicants will be offered “a range of benefits,” with 30,000 “coins” on offer to 1,000 customers on a “first-come-first-served” basis.
- The team behind Matic Network (MATIC), a blockchain application platform, have announced that the first version of the Matic mainnet is now live. According to the announcement, the phased rollout of the Matic mainnet begins with this Step 1, which is starting the network with a restricted set of validators – a set of 7 Matic Foundation nodes, while dapp (decentralized application) partner nodes will be joining this set in the coming week.
- German pharmaceuticals giant Bayer is working with a Chinese blockchain company on a traceability solution. Per VC Beat,
- Bayer’s Bayer China subsidiary will work with the Shanghai-based VeChain, who will provide a blockchain-powered tool named CSecure, which will allow Bayer China to track clinical drugs and ingredients as they move along supply chains.
- The Chinese province of Gansu’s cross-border blockchain-powered financial services platform is up and running, per Xinhua, via Haiwainet. The news agency states that the platform has successfully handled three export applications for Gansu-based international exporters, for a combined USD 480,000 worth of trade deals. The platform allows companies, customs officials and banks to make use of paper-free application processes.
- The US Patent and Trademark Office has approved Amazon‘s “Distributed ledger certification” patent from July 2017. Per this filling, the patent states that “trust is earned” and describes a system for tracking and proving the authenticity of consumer goods, with features that provide digital trust from the first mile of an item’s supply chain. Meanwhile, manufacturers may register their items onto a shared open ledger, it says.
- bitFlyer has announced its partnership with crypto-trading game developer Quazard, stating that their joint aim is bringing the first-ever gamified trading competition to the Botwars Ultimate Trading universe. According to the press release, Botwars players can now enter a crypto-trading simulator for free and compete to win real bitcoin (BTC). The latest release of Botwars is available for download on iOS and Android and the competition starts today.
- Kraken said that, starting June 2…