Startup

Mercedes’ parent corporation, Daimler AG, a German global automotive company headquartered in Baden-Württemberg, has declared a partnership with four other giant startups including a European distributed ledger tech (DLT) interface, to create a blockchain solutions for cars dubbed a mobility blockchain platform (MBP), a distributed software platform which enables mobility as a facility with end to end encryption.

PodMiners, an Indian tech startup is developing a global blockchain platform for digital radio and podcasting. As per the information, this blockchain platform is focused on promoting the freedom of speech for independent media, publishers, and audio content creators worldwide. This is the first time in history that someone is working on a solution to allow audio content creators to interact with a global audience in digital radio and podcasting space. It can be called “Youtube” for podcasting and radio industry.

Italy will add another major use case for blockchain tech in supply chain tracking. This time around, the technology will be used to track cod and artichokes. Bofrost, a startup dealing in frozen food products, has adopted to apply the EY OpsChain Traceability solution that is developed on Ethereum’s Blockchain. Among the two products to be traceable using this blockchain system are the Northern Cod Fillets plus the Artichoke Heart Slices, probably early next month.

Philippines Department of Trade and Industry (DTI) recently signed a Memorandum of Understanding (MoU) with a United States startup, Monsoon Blockchain Storage Inc., to enhance the effectiveness of the technology implementation.

General Motors Ventures investment section has agreed to collaborate with a blockchain startup to work on a protocol and also develop a fraud protection system for the auto financing sector. General Motors (GM) will put much attention, knowledge and money to invest in this project, so as it can reach to its fruition.

Out of more than 80,000 blockchain projects, only 8% to 10% survived, and this survival rate of the projects paints a bad picture for those interested in setting up their own individual startups using distributed ledger technology or blockchain. We bring you what an investor should do to have a successful blockchain business.

Italy has always been at the forefront of innovation and security. An Italian startup plans to apply blockchain to baby nutrition safety. The company promises to ensure the safety of 90% of the ingredients used in nutrition products for children within a year.

A lot of agricultural projects in Italy have difficulty accessing credit and lack technological skills. Help could come from startups and from blockchain technology which promises to significantly change the future.

The giant Italian bioplastic manufacturer decided to explore blockchain and distributed ledger technology and its potential for its sustainable production. A startup called EarthBi has chosen the blockchain for ensuring characteristics and tracing its manufactured bioplastic products in Italy.