Fujitsu Promises to Deliver Viable Blockchain Project Within 5 days

IT giant Fujitsu is launching a new consultancy service that will double as a blockchain product package, delivering a viable blockchain project to customers within five days. Prices for the service start at EUR 9,900, and include everything from blockchain lessons to building a prototype within the time frame, according to The Register.



When they receive their prototype, clients can decide whether they want to pay more Fujitsu to develop the service further, or if they want to keep it as is. Chris Pilling, lead architect at Fujitsu’s Blockchain Innovation Centre, says, “It would be great to say, yes, we’ve met the proof of business and they want to get the global blockchain team involved… [but] we allow the customer to go away and play with the prototype.”

“Proof of business” is set to be almost the opposite of proof of concept. Clients can run through a business process that focuses on creating business value and avoids common problems with blockchain projects, according to Frederik de Breuck, head of the Blockchain Innovation Centre. Customers will, however, be asked to sign up to a license that dictates what they can and can’t do with the prototype, which means it will likely be kept in the house.

According to Banking Tech, the company already holds close to 50 different patents on blockchain technology. Fujitsu is also currently helping to commercialize the Hyperledger’s (an umbrella project of open source blockchains and related tools) Fabric product, the development of which should be completed later this year. This means that Fujitsu’s influence on the blockchain space should not be underestimated. Who knows, you may be able to buy your blockchain prototype like you’d buy a fridge or hairdryer. Almost.


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Author: Sead Fadilpasic
Image Credit: iStock/cybrain

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Spain’s Lawmakers Push for Blockchain Use in Governance

Spain’s ruling party believes the government should utilize blockchain to operate the country’s public administration more efficiently.



Last week, 133 deputies from the Popular Party submitted a blockchain-related proposal to the Congress of Deputies, the lower chamber of the Spanish Parliament. This proposal recommends that the government introduce blockchain “with the aim of improving internal processes and [providing] traceability, robustness and transparency in decision making,” according to public documents.

The document continued:
“The introduction of blockchain – in administrative concessions, contracting or internal processes – will encourage greater control, traceability and transparency in the processes. In addition, the use of this technology can also bring extra revenue to the Administration through the promotion of new models of exchange of rights in sectors such as logistics, tourism or infrastructure. ”

Moreover, the lawmakers recommended building public and private blockchain models “in order to favor secondary markets for goods and services that lower costs, increase productivity and encourage the creation of specialized employment.”

To that end, the proposal also recommends that the government facilitate training for developers “in order to improve their implementation as much as possible.”
Despite the support for blockchain technology use, the proposal did not outline any specific plans or a timeline on how to actually launch these plans.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Madeline Meng Shi
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Ethereum/USD trading added on Bittrex!

Bittrex is one of the biggest digital currency trading platforms in the crypto verse. Bittrex is taking off its stage two of the US Dollar Fiat exchanging phase. This empowers retail and corporate finance specialists to trade USD for cryptographic forms of money.

With an end goal to focus on a standard gathering of speculators, Bittrex has extended their administrations to enable them to utilize fiat money [USD] to exchange digital currencies on their stage.

Today, Bittrex tweeted:
“Today we’re adding Ethereum (ETH) to USD (Fiat) markets in addition to previously announced Bitcoin (BTC), Tether (USDT) and TrueUSD (TUSD) markets. See recent blog for more information: http://bit.ly/2te1Bb7 #Bittrex”

Israel 9Izzy0, a crypto enthusiast commented:
“Great! U might as well add #XRP too or LTC for that matter”

On May 30th, Bittrex released an official announcement stating that “fiat trading on Bittrex will include Bitcoin [BTC], Tether [USDT] and TrueUSD [TUSD]” – the first step towards increasing mass adoption of cryptocurrency investing.


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More trading pairs are expected to be added apart from BTC, USDT, TUSD, and ETH.
This approach has been designed to make sure that their processes and systems are operating correctly before they make it available to their users. Bittrex has started to invite small groups of retail customers to participate in the USD markets, as the trading will help them evaluate and test their capabilities.

Bittrex CEO said:
“Expanding fiat markets to the top digital currencies on our exchange should further drive adoption of this revolutionary technology by providing customers even more options for purchasing and trading digital currencies in a secure, robust and reliable environment with high liquidity.”


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Simran Alphonso
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