Solution

ETH price tops $2,000 for the first time to hit new all-time high

Ethereum scaling solution Optimism delays its mainnet launch at least until July

Ethereum Layer 2 scaling solution Optimism has delayed the public launch of its mainnet. The mainnet was scheduled to roll out this week, but it has now been postponed at least until July. The new schedule is just a rough estimate, said Optimism, because the launch is a “collaborative effort” of the Ethereum community. “Opening …

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Singapore’s third-largest bank appears to be building a crypto custody solution

Singapore’s third-largest bank appears to be building a crypto custody solution

United Overseas Bank, Singapore’s third-largest bank by total assets, appears to be developing a crypto custody solution. The bank has opened up a position for “VP — Crypto Security Administrator” to get expert advice on how to design a secure solution for “managing crypto keys.” The job includes managing the installation of a hardware security …

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EY launches Ethereum-based procurement solution for enterprises

EY launches Ethereum-based procurement solution for enterprises

“Big Four” accounting firm Ernst & Young (EY) has launched an Ethereum-based procurement solution for enterprises. Dubbed EY OpsChain Network Procurement, the solution allows companies to run procurement activities on the Ethereum blockchain. It is designed to convert procurement agreements into digital smart contracts, said EY. Smart contracts help automate procurement processes beyond any single …

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Crypto exchange Kraken wants to hire an Ethereum evangelist

Ethereum scaling startup Optimism releases limited testnet of its Layer-2 solution

Optimism, the Ethereum scaling startup that is building a Layer-2 solution using a tool called optimistic rollup, has released the limited testnet of its network.  Optimism said it has opted for a gradual release process, where its network will be integrated with a small cohort of decentralized applications (dapps) one at a time, in order …

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BMW’s Blockchain Solution for Supply Chains to Roll Out in 2020

BMW’s Blockchain Solution for Supply Chains to Roll Out in 2020

World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on March 31 revealed.  In its early version, PartChain is designed to ensure traceability and immediate data transparency for automobile …

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