Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of interoperability and joined the Polkadot ecosystem have seen a boost in their token prices over the past few months. Ren (REN), Ocean Protocol (OCEAN) and the Celer Network (CELR) are three such projects that have led the way in facilitating cross-chain interoperability between networks, resulting in healthy increases to the number of active token holders and each …

Data collection, aggregation and analysis have become some of the largest profit generators for companies like Facebook and Google who have designed an array of algorithms purposed with harnessing user data in order to better optimize the user interfaces of their applications and their online marketplaces. While collecting the data is the ultimate objective, the events of the past few years have also shown that securing it and ensuring that the privacy of customers and users is protected is imperative. Combining data collection with the ability to securely store it on a distributed ledger seems like a natural fit, and …

The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand markets with blockchain-powered “birth certificates.” The initiative will leverage blockchain to track the registration and maintenance history of vehicles using MOBI’s second vehicle identification standard, “VID II.” The system will help reduce fraud in the used vehicle markets, with an announcement stating: “Vehicle registration on blockchain allows formerly disconnected vehicle registration systems between states and countries to connect using a secure, shared, and trusted ledger. Maintenance traceability will provide a …

Data storage in healthcare industries is of critical importance. Security breaches in this sector will not only have an impact financially — in terms of health insurance — but could also compromise patient safety. The new platform Timicoin aims to enhance patient data safety through blockchain technology. Describing themselves as the “Tokenized Healthcare Ecosystem,” Timicoin claims to offer a solution to the current fragmented and isolated nature of patient health data, which results in inefficient and ineffective use of the information. For example, medical institutions transferring information on patients is currently more complex than it should be, because of isolated …