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ARTICLE · 23 OCTOBER 2018

Public And Private Blockchain Pilots Announced, CFTC Warns On Smart Contracts

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New blockchain pilots for shipping and property registries were announced this week. A subsidiary of Abu Dhabi Ports and the Port of Antwerp ...

United StatesTechnology

New blockchain pilots for shipping and property registries were announced this week. A subsidiary of Abu Dhabi Ports and the Port of Antwerp signed a memorandum of understanding to launch a pilot that seeks to use blockchain to secure transactions, including identification and acknowledgement of cargo documents, and reduce costs at their respective ports. In Australia, the state of South Wales is reportedly partnering with a Swedish startup to build a proof of concept for a blockchain-based land registry system.

In the private sector, one of the world's oldest and most renowned art auction houses recently announced a pilot project with blockchain-powered digital art registry Artory, which will store the purchase history of an artwork on a blockchain, accessible to the buyer via a registration card issued at the time of purchase, thus offering buyers greater confidence in the piece's provenance. Also this week, a major global electronics and entertainment company

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