American global telecommunications conglomerate Comcast aims to make its blockchain initiative Blockgraph commercially available in 2019, according to a press release published Dec. 21."Comcast is currently working with NBCUniversal to test Blockgraph's capabilities with plans of incorporating it into its addressable offering in early 2019," states the release.
Comcast is a global media company founded in 2001, that provides cable television, Internet and telecoms services.
Comcast is purportedly the second largest broadcasting company in the world in terms of revenue and largest TV company in the United States.
According to Comcast, its Cable Advertising division initiated the next phase of its Blockgraph platform - a product designed to secure personal data and share information - which will subsequently lead to the project's launch in 2019.
Comcast is working on the project with other industry players like mass media conglomerate Viacom and advertising sales firm Spectrum Reach, among others.
Blockgraph will purportedly provide an "Identity layer" for the TV industry, by means of which media companies can share non-identifiable audience data.
Comcast has been maligned in the American media for being a de facto monopoly in many regions, and has even been called the "Worst Company in America" by some publications.
Earlier today, Minnesota Attorney General Lori Swanson filed a lawsuit against Comcast Corporation/Xfinity, alleging that it has charged customers more than it promised, in addition to charging for unordered services and products.
In addition to its own products, Comcast has supported other blockchain development projects.
In March, New York-based blockchain startup Blockdaemon closed a $3 million venture capital seed round led by the telecoms giant.
US Telecoms Giant Comcast to Make Blockchain Software Available in 2019
gepubliceerd op Dec 21, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.