Organised
as a weekly newsletter, it presents an overview of the current
international blockchain debate. You may find below a selection of the
best ideas from the most influential media.
Ziyen Inc. Software Division Launches Oil Blockchain News Website
Oil and Gas veteran Paul Parnham appointed as Editor-in-Chief of OilBlockchain. News
SAN
DIEGO, Jan. 10, 2019 (GLOBE NEWSWIRE) -- Ziyen Inc., a Scottish
American Oil and Intelligence Company, has launched a new international
Oil and Gas Blockchain and Cryptocurrency News Website.
OilBlockchain.News
has been developed by the Scottish Software Division of Ziyen Inc., to
become the leading international portal on how blockchain technology
such as cryptocurrency, smart contracts and distributed data will
transform the oil and gas industry.
Alastair Caithness, CEO stated,
“Ziyen Inc. was originally set up as an information based company
providing key procurement information on oil and gas contracts, before
the diversification of the company into establishing Ziyen Energy, a US
Oil Operator focusing on delivering new technology to US MidWest Oil
Markets.
"As we are about to move into Round 3 of Funding, Ziyen Inc. wants to
continue to be on the cutting edge of developments in the Oil Industry,
not only as an oil producer but in software and technology.
"The appointment of Paul Parnham is key for the development of Ziyen
Inc. Paul is fearless like so many leaders of the moment and has a
crystal clear view of its future in the digital environment, and we
welcome him on board at Ziyen Inc.”
Paul Parnham is the first digital editor for a Ziyen Intelligence
Software Portal, which is to say he arrives from the future rather that
the past. Paul is a veteran in the Oil and Gas Industry, having
previously worked for Total, BG Group, Shell and BP. He specialized in
contracts, supply chain management and IT. He is familiar with all
current contracts and procurement management techniques, including the
development of capex saving contracting strategies.
Paul acts as an independent consultant to various blue chip companies in
the oil industry, advising them on Artificial Intelligence, Oil
Blockchain and Smart Contracts.
He has developed a large network of industry professionals who follow
him across various social networks and regularly consults senior
management teams with upcoming changes in the industry.
Paul Parnham, Editor-in-Chief, says,
“The question which the oil industry asks is how will the technology reinvent, redefine, and improve today’s system?
"Oil Blockchain is the future business model of the supply chain,
eventually will be applied to the entire oil and gas value chain. It is
an honor to join the company and develop Ziyen Inc. to become a leading
industry player involved in this change.”
January 10, 2019 by Ziyen Inc.
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Iberdrola Uses Blockchain to Authenticate Clean Energy for Corporate Customers
The new approach makes it cheaper and easier for corporate customers to track clean energy that they purchase.
The Spanish utility Iberdrola this month said it had used
ablockchainplatform to certify delivery of green energy to one of its
corporate customers.
The company used a platform developed by Energy Web Foundation (EWF) to
provide real-time Guarantees of Origin for renewable energy delivered to
Kutxabank, a bank based in Basque country in northern Spain, and
Kutxabank’s south Spanish subsidiary Cajasur.
Iberdrola said the energy was sourced from its San Esteban hydropower
plant in Ourense, Galicia, and two wind farms: Oiz in Biscay and
Maranchón near Guadalajara.
Following a power-purchase agreement signed last July, Kutxabank is also
due to get renewable energy from Iberdrola’s 391-megawatt Nuñez de
Balboa solar plant, the largest in Europe, which Iberdrola is building
in Extremadura in southern Spain.
At its most ambitious, energy blockchain could create decentralized,
peer-to-peer energy trading. Initial uses of digital distributed
ledgers, though, have proven less revolutionary. Instead, they tend to
focus on more mundane back-end accounting processes for large energy
companies.
In this case, blockchain technology helped Iberdrola cut costs and
eliminate intermediaries by allowing smart contracts to be executed
automatically, the company said. Kutxabank executives were able to
monitor the supply of energy as they wished via a web-based user
interface.
This blockchain application “provides efficiency, flexibility,
transparency and savings to the Guarantees of Origin process,” Iberdrola
said in a press release.
The company said it had already implemented several initiatives using
blockchain, including a project for peer-to-peer transactions in
wholesale gas and electricity markets.
Iberdrola’s Kutxabank pilot used EW Origin, a customizable, open-source
decentralized application for renewable energy and carbon markets,
confirmed Jesse Morris, EWF’s chief commercial officer.
Iberdrola was one of two major Spanish energy companies using the software, he said.
Last month, the renewable project developer and owner Acciona Energía
revealed it had also begun to use the EW Origin blockchain platform to
authenticate the source of the energy produced at its plants.
Acciona Energía said it was the first company to trace renewable energy
using blockchain in Spain and Portugal. The company said it had created a
commercial demo to trace renewable generation from five wind and hydro
facilities in Spain through to four corporate clients in Portugal.
January 16, 2019 by Jason Deign
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https://www.greentechmedia.com/articles/read/iberdrola-uses-blockchain-to-authenticate-green-energy#gs.aASQdHsg
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Former PlayStation, Take-Two, Nintendo execs launch blockchain publisher
Planet
Digital Partners will use $38m blockchain token sale to secure
investment for up to ten new games.At the GamesIndustry.biz Investment
Summit last year, Fig's Alex Amsel painted a grim picture of the near
future for companies working with blockchain and digital
currencies."There are an awful, awful lot [of blockchain startups], and
most of them are going to fail," he said, noting that he had seen "the
booms, the busts, the thefts, the arguments" since he started immersing
himself in blockchain in 2012. "If anyone remembers the dot-com boom and
bust, this will be very, very similar." Of course, Amsel leads
blockchain strategy at Fig, one of a handful of companies that helped
legitimise crowdfunding, another source of investment that struggled to
win the industry's trust at first. Indeed, the very fact that Fig was
interested in blockchain suggested it saw that same disruptive
potential. Nevertheless, if you were to draw up a list of blockchain
companies likely to succeed at this point in time, you'd be forgiven for
not getting much further than Fig and Brian Fargo's Robot Cache. While
it's too early to say with any certainty, Planet Digital Partners may
well join that group. Founded in 2018, it is a self-described
"collective of video game management, development studios, distribution
and marketing executives that develops, manufactures, and markets video
games." It also has the kind of experience and pedigree backing it that
makes Fig and Robot Cache seem like the safest bets in what remains a
chaotic new space for the games business. At the helm is Steve Grossman,
an experienced executive whose work with the games industry includes
the role of executive producer of the Nintendo World Championships.
Planet Digital's director is former Take-Two and RedOctane CEO Kelly
Sumner, its creative directors are Matt Karch and Andrey Iones, the
founders of Saber Interactive, and the board includes former Playstation
Europe president Chris Deering and former DDM CEO Jeff Hilbert. "With
decades long experience in the industry, the Planet Digital leadership
team is acutely aware of the challenges that exist in the space,
especially as it relates to investment," Grossman said to
GamesIndustry.biz. "Despite the industry's rapid growth, there are
segments of the development sector that encounter considerable
difficulty attracting investment. Planet Digital has recognised this
opportunity." Planet Digital's solution is the Rocket Token (RKT), which
it will sell in a security token offering in the first quarter of 2019.
A total of 50 million RKT Tokens will be created, and implemented as an
ERC-20 smart contract on the Ethereum blockchain. Planet Digital
intends to sell 38 million of those tokens in a Private Placement
security token offering at a starting price of $1 each, with the
remaining 12 million distributed among the company's team, its advisors,
and various partners.
January 17, 2019 by Matthew Handrahan
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South Korea’s Largest Interchain ICON (ICX) Connects an Ecosystem of
Blockchain Communities
Slowly but
surely, blockchain continues to have an ever-growing impact on our
everyday lives. Especially in the lives of South Koreans.The National
Election Commission started an online voting system called “K-Voting”,
which has its foundation built on the blockchain. This voting system
will have its start in small communities such as universities using a
democratic system and will expand throughout the country following a
successful test run.The city of Seoul supports this demonstration of
blockchain integration. This includes supporting blockchain companies,
building a blockchain complex, and educating professionals on
blockchain. They are also working towards bringing in a standard
blockchain platform and working towards administrative innovation
stabilizing the system.Behind Seoul’s Blockchain development plan, there
is ICON (ICX), the largest Blockchain project in all of Korea. ICON is a
company that develops ‘interchains’ that connects all the different
blockchains together, and according to CoinMarketCap, ICON’s aggregated
value reaches up to 1515 billion won, its coin ranking 39th
internationally, and 1st in Korea.It is ICON’s development company
ICONLOOP that helped the most with the public sector development in the
blockchain industry. The CEMC public sector has ‘established an
informational voting system that suits the next generation using
informational technology’. The city of Seoul is also being involved by
bringing in a ‘blockchain standard platform’, a ‘role model industry’,
and working to establish the foundation of blockchain with ISP’. It is
based on ICON’s test net which was used for developing a blockchain
citizen card, voting on blockchain, and payments on the blockchain demo
system.
Currently,
they are planning on establishing an automatic identification process
for workers and pensioners receiving health care services. As well as an
identification process that helps to keep track of unsigned labor
contracts, uninsured to one of the four biggest insurance plans. They
are also working on citizen cards, Seoul mileage, and developing smart
contracts that will approve citizenships and connect to the
administrative work system. ICON has basically set the foundation for
blockchain integration. It is ICON that is forming the foundation of
Seoul’s blockchain economy.
January 15, 2019 by Ward Nazari
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Top 10 Ways Internet Of Things And Blockchain Strengthen Supply Chains
- The
majority of enterprises are prioritizing their blockchain pilots that
concentrate on supply chains improvements (53%) and the Internet of
Things (51%) according to Deloitte’s latest blockchain survey.
- By
2023, blockchain will support the global movement and tracking of $2T
of goods and services annually based on a recent Gartner
- By
2020, Discrete Manufacturing, Transportation & Logistics and
Utilities industries are projected to spend $40B each on IoT platforms,
systems, and services.
- The
Supply Chain Management enterprise software market is growing from
$12.2B in 2017 to $20.4B in 2022, achieving a 10.7% Compound Annual
Growth Rate (CAGR) according to Gartner’s latest market forecast.
- Of
the many blockchain and IoT Proof of Concept (POC) pilots running
today, track-and-trace shows the most significant potential of moving
into production.
Combining
blockchain’s distributed ledger framework with the Internet of Things’
(IoT) proven real-time monitoring and tracking capability is redefining
supply chains. Blockchain shows potential for increasing the speed,
scale, and visibility of supply chains, eliminating counterfeit-goods
transactions while also improving batching, routing and inventory
control. Blockchain’s shared, distributed ledger architecture is
becoming a growth catalyst for IoT’s adoption and commercial use in
organizations.
Blockchain and IoT are defining the future of supply chains based on the
initial success of Proof of Concept (POC) pilots focused on the
logistics, storage and track-and-trace areas of supply chains across
manufacturing. Supply-chain centric pilots are the most popular today,
with enterprises looking at how they can get more value out of IoT using
blockchain. One CIO told me recently his company deliberately spins up
several POCs at once, adding “they’re our proving grounds, we’re
pushing blockchain and IoT’s limits to see if they can solve our most
challenging supply chain problems and we’re learning a tremendous
amount.” The senior management team at the manufacturer says the
pilots are worth it if they can find a way to increase inventory turns
just 10% using blockchain and IoT. They’re also running Proof of Concept
pilots to optimize batching, routing and delivery of goods, reduce
fraud costs, and increase track-and-trace accuracy and speed. Of the
many pilots in progress, track-and-trace shows the greatest potential to
move into production today.
January 13, 2019 by Louis Columbus
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