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Moscow Blockchain Cluster Needs Intellectual Property Mechanism, Says Expert

“The Moscow-based blockchain innovation cluster needs a mechanism for assessing intellectual property, says the founder of blockchain platform Universa.io, Aleksandr Borodich” writes Ana Alexandre for cointelegraph.com. The plans to launch a blockchain-based city innovation cluster by summer 2019 were initially announced by the Moscow municipal government earlier in February. Starting this year, the Russian Federal Service for Supervision in the Sphere of Education and Science, (Rosobrnadzor) will also implement blockchain technology in the country’s main graduation examination.Speaking at the Russian Investment Forum in Sochi, Borodich reportedly stated: Earlier this week,…

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NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft Exec

“Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15” writes Aaron Wood for cointelegraph.com. The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to expand into the U.S. market.The new office will be headed by ex-Microsoft executive John deVadoss. NEO is currently developing NEO 3.0, an upgrade to its blockchain that will “bring faster transaction speeds, greater stability and expanded application programming interfaces for smart…

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Barclaycard Integrates B2B Payments Tech To SAP Ariba

“In a press release sent to PYMNTS, Barclaycard Commercial Payments said it has struck a partnership with SAP to integrate its B2B payments solution, Precisionpay, into cloud procurement platform SAP Ariba, enabling businesses to pay their vendors via Barclaycard” reports pymnts.com. Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today (Friday, Feb. 15).The integration will roll out later this year with the addition of Precisionpay Bank Transfer within the SAP Ariba platform.That same year, SAP Ariba launched its B2B procurement platform into China. Source: pymnts.com

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Russian Tech Giant, Blockchain Platform Sign Agreement to Improve Operational Systems

“Global blockchain platform Waves raised $120 million in December 2018 for the Vostok platform, which uses Waves technology for both commercial and government IT systems” writes Max Yakubowski for cointelegraph.com. A subsidiary of Rostec, a Russian state-owned high-tech conglomerate, has partnered with blockchain platform Vostok, major Russian news agency Tass reports on Feb. 14.The joint agreement was signed by Rostec subsidiary National Center for Informatization (NCI) and tech company Vostok, which provides a blockchain platform combining its own private blockchain and the Vostok system integrator.The article underlines: Tass states that…

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WeChat’s most censored topics in 2018 include US-China trade war, Huawei CFO arrest: Report

“The so-called “public” accounts are those created by organizations ranging from government institutions to private enterprises, producing what WeChatscope’s report termed “content similar to Facebook pages.”” writes unknown author for cnbc.com. The posts were flagged as censored if the program detected that they had disappeared from the platform, the report said.The ongoing U.S.-China trade fight, Washington’s sanctions against Chinese telecommunications company ZTE as well as the arrest of Huawei CFO Meng Wanzhou were among the “sensitive” topics censored on Chinese tech giant Tencent’s WeChat platform in 2018.Using a computer program…

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Big brands like Kimberly-Clark, Kellogg’s, and Nestlé are tapping into this machine-learning startup to help them crack Amazon

“As Amazon grows as an advertising platform, one startup is helping big brands cash in on it” writes Tanya Dua for businessinsider.com. Now, the company has started to help big brands conquer Amazon, with a new platform called CommerceIQ. The pitch is, the platform uses machine learning to scrape data signals and uses sales, marketing, operations and competitor data to automate brands’ programmatic advertising on Amazon. Source: businessinsider.com

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HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

“Beyond forex, HSBC is also one of a dozen banks to have launched a new blockchain trade finance platform last October, alongside BNP Paribas and Standard Chartered” writes Marie Huillet for cointelegraph.com. London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14.The platform — based on a distributed, but permissioned, ledger — reportedly allows HSBC to coordinate payments in real time across its trading hubs in the Americas, Europe and Asia Pacific.In offering significant cost…

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EU clinches copyright overhaul deal, tech giants in focus

“Negotiators from the EU countries, the European Parliament and the European Commission clinched a deal after day-long negotiations” writes Min Read for reuters.com. Google’s YouTube and Facebook’s Instagram and other sharing platforms will be required to install upload filters to prevent users from uploading copyrighted materials.Under the new rules, Google and other online platforms will have to sign licensing agreements with rights holders such as musicians, performers, authors, news publishers and journalists to use their work online.Europeans will finally have modern copyright rules fit for digital age with real benefits…

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Baidu Launches Blockchain OS for DApp Development

“Chinese search engine giant Baidu has launched Baidu Blockchain Engine (BBE), an operating system for the development of decentralized applications (DApps)” writes Arnab Shome for financemagnates.com. Officially announced by Baidu Cloud on February 14, the new platform is built on “ABC” technology strategy by leveraging functionalities of artificial intelligence (AI), big data, and cloud computing.The company believes that the new platform will drive the commercial development of blockchain technology impacting a broad landscape of blockchain products.The cloud-based platform is also addressing the infrastructural shortcomings like inefficient single-machine storage, high data…

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Coinbase Rewards $30,000 for Reporting Critical Bug

“This is the largest sum to date the San Francisco-headquartered cryptocurrency exchange and wallet platform has offered for a bug report” writes Arnab Shome for financemagnates.com. Coinbase has recently rewarded $30,000 to a bounty hunter for reporting a bug on the platform, as seen on Hackerone’s vulnerability discloser program.Coinbase is not the only blockchain platform laced with vulnerabilities, as according to The Next Web, white-hat hackers received $878,000 in 2018 alone as blockchain-related bug report bounties. Hackerone’s data also shows that Block.one, the parent company of EOS, has given $80,000…

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