Displaying items by tag: blockchain technology

Australian energy trading technology company Power Ledger is migrating its own next-generation blockchain platform, the Powerledger Energy Blockchain, from Ethereum to Solana.

A blockchain solar energy trading trial that lets households set their own electricity prices has found the technology is technically feasible, viewed positively by participants and can lead to localised energy autonomy - and provide a big boost for peer-to-peer systems globally, according to Western Australian headquartered blockchain cryptocurrency and energy trading platform provider Power Ledger.

Australian startup The Block Ledger is one of the top five winners of the Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 Global Pitch Competition, competing in the event against 40 finalists for the top five slots.

The Australian Government has released a national strategy for blockchain technology aptly titled the National Blockchain Roadmap.

Blockchain Australia has welcomed the release of a national Blockchain Roadmap, which it says is a critical step in the advancement of blockchain innovation in Australia.

Global IT solutions provider Hyland has announced the acquisition of blockchain digital credentialing solutions provider Learning Machine.

The vast majority of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence, according to a new report from global analyst firm Gartner.

The APAC Blockchain Conference 2019 taking place 22-24 July at Novotel Sydney Central, is where the people who are serious about developing Blockchain technology in the Asia-Pacific region meet.

The NEM.io Foundation — a Singapore-founded non-profit dedicated to the development of NEM blockchain technology — has launched a new blockchain hub in Melbourne as part of its plans, which it says are aimed at expanding Australia’s thriving blockchain ecosystem.

Data61 says its next-generation blockchain system Red Belly Blockchain has shown increased speed and energy efficiencies on a global network, with deployment on 1000 virtual machines across 14 of Amazon Web Services' global regions.

Australian technology company Lakeba Group's blockchain division has set up Future Hub, "a one-stop shop for blockchain expertise," according to Lakeba chief growth officer and Future Hub head Darren Younger.

Australia’s Commonwealth Bank and the World Bank have jointly completed the raising of $110 million with the launch of the world’s first blockchain bond.

Blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than US$27 billion by the end of 2030, reducing costs by more than 11% per on-chain transaction, according to a newly released global report.

Western Australian energy solutions provider Power Ledger has inked an agreement with the Yolk Property Group to use its blockchain technology for solar energy trading between residents of the near-complete Evermore residential development.

Global adoption of blockchain technology is continuing slowly but chief information officers say the technology requires the most new skills of any technology area, with skills difficult to find to meet growth demands.

Australian-listed logistics and supply chain management provider Yojee has entered into a pilot services agreement with UPS Asia Group, a subsidiary of United Parcel Service, to establish a proof of concept for the use of Yojee’s blockchain technology in the UPS specific supply chain environment.

Industry associations the Export Council of Australia and the Australian Digital Commerce Association, along with professional services firm KPMG, have released a paper calling for the Australian Government and industry to come together to plan for a digitally-enabled trading future in the face of digital planning already underway by Hong Kong and Singapore.

IBM has the strongest credentials in the blockchain sector, according to Juniper Research, which says that the company is “clearly regarded” as being well ahead of competitors.