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Fujitsu, the IT giant opens an international blockchain innovation center in Belgium

Sthuthie Murthy

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Fujitsu, the IT giant opens an international blockchain innovation center in Belgium
Source: Pixabay

Fujitsu, the IT giant from Japan has recently opened an International Blockchain Innovation Centre in Brussels, Belgium.

The top Japanese Information and Communication Technology [ICT] firm made this announcement on their official site. They are set to explore the potential applications in every possible area of the blockchain technology.

In its official statement, Fujitsu stated that R&D will happen in the new center for Blockchain-based solutions in sectors of all kinds. Ranging from Distributed Ledger Technology [DLT] based audits to Blockchain-based voting, Fujitsu’s new center is all set to exploit, dig deep and bring out the best.

The head of Fujitsu Belgium Netherlands Luxembourg [Benelux], Yves de Beauregard observed budding interest towards this technology among customers and noted that many DLT based apps were left unexplored.

Yves de Beauregard quoted:

“We are still in the initial stage, as we intend to explore the broader capabilities of blockchain in a variety of commercial areas.”

According to the company’s press release published on March 21st, Brussels, Belgium was selected as the venue because of an upper hand in its geographical, political, technical, and linguistic advantages. This is especially helpful for international organizations which are considering blockchain applications and real use cases.

These newer adoptions and changes will compulsorily drive the cities to evolve into smart cities, unlike the existing ones. Social, economic and environmental problems resulting from urban growth are addressed using data and analytics.

Fujitsu Benelux’s Presales and Business Assurance Director, Frederik de Breuk quoted:

“The use of blockchain technology with its potential in public ledger and voting ID, and its capacity to automate processes and auditing in smart contracts will doubtlessly play an important role in this changing ecosystem.”

De Breuck claimed that the trend will place increased demands on the local government giving rise to newer ecosystems with multiple challenges to solve.



Jeremy Hain comments:

“I thought everyone was banning crypto! Tears of gullibility.”

Shailendra Ahuja comments:

“Yes blockchain not cryptocurrencies… Like i said blockchain is the best technology implementation innovative concept but cryptocurrency is a SIN to the society…”





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Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.

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Altcoins

Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out of ‘saucer bottom’ pattern

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Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out out of 'saucer bottom' pattern
Source: Unsplash

Binance Coin [BNB] is nothing short of becoming the best performing crypto asset of 2019, as it creates higher highs every day. In a recent surge, BNB went up by approximately 12% in 24-hours breaking out of the ‘saucer bottom’ pattern.

BNB has been on a bull run since December 2018, it has surged by approximately 470% since that point. In the last 24-hours, the price was up by approximately 12% from wick-to-wick.

Source: TradingView

Moreover, the rise in the price over the day can be attributed to the announcement by Binance DEX, that was launched recently. The tweet read:

The new update will convert the BNB, which is an ERC20token, into BEP2, it will be called the “mainnet swap”. Furthermore, users have to convert their ERC20 tokens on Binance, the details of which will be released in the near future.

In addition, Mithril, a cryptocurrency project has announced that it will be the first project to migrate to the Binance Chain. It tweeted:



“$MITH token holders on the new @Binance_DEX will be the first to experience increased speed, security, and user friendliness while maintaining full control over their funds.”

A Twitter user, @carlitosblvd123, commented:

“So , all BNB we have now like erc20 in binance exchange and on trust wallet will be converted to bep2 automatically or we have to do anything to happen?”

@jigneshon, another Twitter user commented:

“Crypto Revolution will happen on 23rd April when Binance Chain Genesis block will be created. 🔥”





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