GM, BMW Back Blockchain Data Sharing For Self-Driving Cars

Car giants General Motors and BMW are backing blockchain tech as a way to share self-driving car data among themselves and other automakers. It’s all part of a bid to unlock valuable data held in silos which will ultimately get autonomous vehicles on the road sooner. Exploratory work in this area is being done under the auspices of the Mobility Open Blockchain Initiative (MOBI), a consortium formed last year to harmonize the development of distributed ledger technology (DLT) across the “smart mobility” industry. CoinDesk has learned that the next MOBI working…

Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore,…

JP Morgan Beats Ethereum Studio ConsenSys with Most Blockchain Jobs

According to data made available to CCN from Indeed.com, one of the companies doing the most hiring in the blockchain sector is none other than JP Morgan. Others who topped the list are Deloitte and IBM (unsurprisingly). The rest of the top 10 companies with blockchain jobs (or jobs in the cryptocurrency sector) is as follows: • KPMG• EY• Accenture• Cisco• Microsoft• Conduent• ConsenSys For the most part, these companies are not surprising. What is surprising is that ConsenSys, the most significant player in the Ethereum space by a long…

Disgraced Ex-Enron CEO Plans Blockchain Comeback after 14-Yr Jail Term

A little over a month after being released from prison for his involvement in one of the grandest corporate scandals in history, Jeffrey Skilling, the former chief executive of collapsed U.S. energy giant Enron is reportedly eyeing the blockchain sector, according to the Wall Street Journal report. The report adds that Skilling has met with ex-Enron executives as well as software developers and blockchain and cryptocurrency specialists. Per sources, the early-stage project is basically a digital platform which will connect investors to energy projects. One of the former Enron executives…

Blockchain Financial Plumbing Is Still Years Away, Says LSE Spinoff Exactpro

The Takeaway: Several major blockchain projects aim to streamline post-trade processing for securities. The new systems are still prototypes and need rigorous testing before safely connecting to live infrastructure. A former unit of the London Stock Exchange, QA specialist Exactpro, estimates that DLT post-trade systems may still be two years away from such testing. The upshot for big post-trade blockchains is the potential for further delays. If blockchain is supposed to be the new plumbing for the world’s financial markets, then think of Exactpro as the home inspector who checks the…

Visa Is Avidly Fishing For A Crypto Blockchain Dev Hero

Visa Inc. is seeking a full-time technical product manager in Palo Alto, California. In a job posting to SmartRecruiters, the global card giant said it is looking for someone who is “passionate about the intersection of payments and cryptocurrency,” and “deeply familiar with permissionless blockchain technology.” With the additional job requirement of “a close network of experts in the fast moving cryptocurrency and fintech ecosystem,” it looks like the ancient 20th Century fintech company is serious about poaching a top blockchain pro from the crypto industry. Visa Is Getting Into…

IBM Crypto Chief Calls Company the “Leader” in Blockchain Technology

IBM’s Jesse Lund, who heads the blockchain division, claims IBM is the leader in blockchain technology. In a recent interview, Lund stated: What IBM’s been doing as the leader in blockchain technology for the last three years is adding security and confidence to the system. IBM And Stellar Partnership Challenge xRapid Lund talks about IBM’s cross-border payments solution, which in part uses Stellar Lumens for settlement, and how one of the oldest technology companies in the world plans to revolutionize the remittance market. The solutions developed are challenging Ripple’s xRapid…

Australian Government Pledges Measly $100K Towards Blockchain Development

Australia’s Karen Andrews of the Ministry for Industry, Science and Technology is pledging $100,000 towards furthering blockchain development. In a press release, Andrews says her department will put the money towards “regulation, skills and capacity building, and international competitiveness and collaboration.” It’s a solid step forward in the nation’s fight to become a global blockchain leader. Unfortunately, the funds are significantly lower than previous offers like one billion AUD towards IBM’s blockchain developments for Australia’s government. The move leads enthusiasts to question what impact such a tiny sum could really…

House GOP Leader McCarthy Says US Govt. Must Go All-In on Blockchain

Republican House Minority Leader Kevin McCarthy (R-CA) is sounding a lot like a tech entrepreneur these days. In a plea before a select committee on March 12 introducing ideas for Congress to prioritize in the 21st century, the GOP leader made his case for integrating blockchain technology into the government’s day-to-day operations. Kevin McCarthy: U.S. Government Should Dive Head-First into Blockchain McCarthy fell short of proposing that they use a public crypto network such as Ethereum, for instance, suggesting instead that the U.S. government build its own blockchain. He is,…

Blockchain Startup CEO Kidnapped in Kiev

Sunday, a Ukranian blockchain CEO got kidnapped in Kiev. Gregory Kucherkov is the CEO of Cornerstone, an effort to fund real estate investment with a blockchain token. Conerstone is planning an ICO. CCN received a tip from COO Fedir Martynov, and reached out to him by phone. Martynov tells us that the firm has already raised some capital for its ICO in a private sale, and they and the local police believe this may be the motive for the kidnapping. Currently Cornerstone is preparing for an ICO, and has already…