Blockchain Trial For Settlement Of Tickets Completed By Airlines Reporting Corp.

Blockchain, News | January 10, 2019 By:

Airlines Reporting Corp. (ARC), in partnership with blockchain startup Blockskye, has successfully completed a joint blockchain proof of concept (PoC) for settlement of direct ticket sales.

ARC, which is owned by nine major airlines, provides ticket transaction settlement services between airlines and travel agencies (both traditional and online) and the travel management companies that sell their products in the United States.

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Blockchain Platform For Motor Insurance Authentication Launched By Hong Kong Federation Of Insurers

Blockchain, News | January 9, 2019 By:

The Hong Kong Federation of Insurers (HKFI), a financial industry self-regulator, has launched a blockchain-based motor insurance platform to ensure authenticity and counter fraud.

Called the “Motor Insurance DLT-based Authentication System” (MIDAS), the platform was first announced in April 2018 with the support of the Hong Kong SAR Government.

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Blockchain Firm Parity Technologies Receives $5M USD Grant From Ethereum Foundation

Blockchain, News | January 9, 2019 By:

Blockchain infrastructure firm Parity Technologies has received a $5 million grant from the Ethereum Foundation for its years of contributions to the Ethereum ecosystem

Founded in 2015 by Gavin Wood and Jutta Steiner, Parity Technologies is an infrastructure and innovation focused company building platforms and applications that combines cutting-edge cryptography,

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Blockchain Image Protection Platform KodakOne Beta Generates $1M USD In Licensing Claims

Blockchain, News | January 9, 2019 By:

Blockchain image rights management platform KodakOne has reportedly generated post licensing cases of over $1 million since it went live in private beta in October 2018.

Developed by Kodak and RYDE Holding, formerly Wenn Digital, KodakOne is an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform.

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