Blockchain
Blockchain In Transport Alliance (BiTA-S) Elects Richard Greening Of The DDC Group Co-Chair Of Bill Of Lading (BOL) Working Group
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The group was established by the standards development side of BiTA, referred to as “BiTA-S,” with the mission to create a modern definition of “bill of lading” and an associated data structure specification that can be leveraged across all transport modes for supply chain stakeholders. Its participants are made up of subject matter experts from BiTA-member companies representing trucking (LTL and TL), rail, sea and air.
At a recent meeting, a vote was called by the existing chair, Josh Kolar, founder of Asset Balance Solutions, who announced that he would be stepping down from the Chair role. Two individuals, Bob Hitt of Salesforce, who was the former Chair, and Richard Greening of DDC were nominated for the position. After discussion, it was voted that Hitt would again assume the Chair position and Greening would serve as Co-Chair.
“Mr. Greening’s experience leading the technology teams behind DDC, which is a global leader in freight back office solutions and currently processes more than 30% of all LTL bills in North America, will be a very valuable addition,” said Patrick Duffy, President of BiTA. “BiTA-S looks forward to seeing this group thrive under their leadership.”
According to Greening, “We are still in the infancy of what technology can provide. Having worked with industry bodies in the past, it is refreshing and very impressive to see what BiTA has managed to achieve in such a short amount of time.”
Greening joins the BiTA-S group with a combination of technical expertise and deep industry knowledge in logistics and supply chain. With his original background in air freight, Greening has developed and deployed systems for freighter networks, freight forwarders, airside ground handling facilities and bonded warehouses. His personal track record in automation, innovation and analytics coupled with DDC’s thirty years in data capture, business process outsourcing and bespoke technology like DDC Intelligence, sets him up as a valuable thought leader for future operations in transportation.
“I’m thrilled that we have such talented individuals in these leadership positions,” explained Duffy. “Their respective expertise will help to accelerate this working group’s progress towards a bill of lading data structure for an era of blockchain-enabled supply chains.”
Greening’s first matter of business to the elected position is to ensure the group hits its component milestones and is in a position to support all freight sectors.
“As we have been working through the attributes and relationships needed for this standard, it has been very enjoyable hearing examples of scenarios and potential challenges in other freight sectors and discussing what these could be in the future,” explained Greening. “We need to ensure we set a good example for other groups to follow.”
SOURCE The DDC Group
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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