Ziyen Inc. Software Division Launches Oil Blockchain News Website

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. READ FULL ARTICLE https://globenewswire.com/news-release/2019/01/10/1690189/0/en/Ziyen-Inc-Software-Division-Launches-Oil-Blockchain-News-Website.html

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   READ FULL ARTICLE https://www.greentechmedia.com/articles/read/iberdrola-uses-blockchain-to-authenticate-green-energy#gs.aASQdHsg

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   READ FULL ARTICLE https://www.gamesindustry.biz/articles/2019-01-17-former-playstation-take-two-nintendo-execs-launch-blockchain-investment-firm

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 READ FULL ARTICLE https://mineable.com/south-koreas-largest-interchain-icon-icx-connects-an-ecosystem-of-blockchain-communities/

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   READ FULL ARTICLE https://www.forbes.com/sites/louiscolumbus/2019/01/13/top-10-ways-internet-of-things-and-blockchain-strengthen-supply-chains/#2c358d065e4e

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