AT&T becomes first big mobile carrier to accept Bitcoin payments

Credit to Author: Lucas Mearian| Date: Fri, 24 May 2019 09:47:00 -0700

AT&T will allow customers to pay their mobile bills using Bitcoin, adding its name to a short list of major businesses and government agencies that allow the blockchain-based cryptocurrency to be used as a form of payment.

While not directly accepting cryptocurrency, AT&T is the first major U.S. mobile carrier to let customers pay in Bitcoin through a third-party service provider.

Customers using its online bill pay service or the myAT&T app will be able to choose BitPay, a cryptocurrency payment processor for payments. The customer pays in Bitcoin and BitPay verifies the funds and accepts the Bitcoin on behalf of the business.

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Why Microsoft is building a Bitcoin-based ID verification system

Credit to Author: Lucas Mearian| Date: Tue, 14 May 2019 03:00:00 -0700

After more than a year in development, Microsoft has chosen Bitcoin as the blockchain platform for a decentralized identification (DID) verification system that will allow users to have secure access to an online persona via an encrypted database hub.

The implications of the new ID network could include the elimination of passwords. A company would be able to verify the background of a new employee and onboard them with the click of a single virtual button, or a banking customer could verify their identity for a loan without exposing personally identifiable information – again with a click of a button.

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Why wearables, health records and clinical trials need a blockchain injection

Credit to Author: Lucas Mearian| Date: Mon, 29 Apr 2019 03:00:00 -0700

TORONTO – The opportunity exists in healthcare to hand over control of medical records to patients who can choose not only what info providers can see but what personal data gets added to records via wearables, genomics and even lifestyle choices.

And once patients begin accumulating more data about themselves in personal health records (PHRs), they can opt to anonymize that information and sell it to researchers, vastly expanding the pool of information available for clinical studies.

Because no data is as sensitive as a medical record, being able to assure its security and immutability through blockchain encryption represents a unique opportunity to “repatriate” and “monetize” that record for the patient, according to Dr. Eric Hoskins, chair of Canada’s Federal Advisory Council on the Implementation of National Pharmacare.

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Towards a Tailored, Connected and Sustainable Supply Chain

Credit to Author: Divya Seethapathy| Date: Wed, 24 Apr 2019 05:10:34 +0000

The 4th Industrial revolution is taking hold. Technology start-ups are disrupting traditional business models. We are living in a VUCA world where technology is evolving by the second, smartphones are… Read more »

The post Towards a Tailored, Connected and Sustainable Supply Chain appeared first on Schneider Electric Blog.

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FedEx CIO: It’s time to mandate blockchain for international shipping

Credit to Author: Lucas Mearian| Date: Thu, 25 Apr 2019 10:26:00 -0700

TORONTO — When railroad tracks were first laid across the western U.S., there were eight different gauges all competing to dominate the industry – making a nationwide, unified rail system impossible; it took an act of Congress in 1863 to force the adoption of an industry standard gauge of 4-ft., 8-1⁄2 inches.

FedEx CIO Rob Carter believes the same kind of thing needs to happen for blockchain to achieve widespread enterprise adoption.

While the promise of blockchain to create a more efficient, secure and open platform for ecommerce can be realized using a proprietary platform, it won’t be a global solution for whole industries now hampered by a myriad of technical and regulatory hurdles. Instead, a platform based on open-source software and industry standards will be needed to ensure process transparency and no one entity profits from the technology over others.

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Towards a Tailored, Connected, Sustainable Supply Chain

Credit to Author: Divya Seethapathy| Date: Wed, 24 Apr 2019 05:10:34 +0000

The 4th Industrial revolution is taking hold. Technology start-ups are disrupting traditional business models. We are living in a VUCA world where technology is evolving by the second, smartphones are… Read more »

The post Towards a Tailored, Connected, Sustainable Supply Chain appeared first on Schneider Electric Blog.

Read more