May 28 – 5 Key Stories From The Digital World

By May 27, 2019 Insight

1. Want to Know Your Wine Is Genuine? EY Has Built a Blockchain for That

  • TATTOO Wine Platform has been developed for Blockchain Wine Pte. Ltd. using EY’s OpsChain solution
  • The asset traceability module of EY OpsChain has been used to tokenize over 11 million bottles of wine for various clients
  • As well as providing data on wine provenance, TATTOO also allows consumers and distributors to buy and sell wine, schedule and track shipments, monitor warehousing and delivery, and arrange for and track insurance coverage of wine shipments

2. Mabu the robot helps congestive heart failure patients monitor symptoms

  • company is also developing robots meant to replace routine calls from health professionals to determine how patients feel about a new specialized medication
  • Mabu uses conversational AI to speak with patients about key questions a doctor may have about newly diagnosed heart failure patients
  • Anomalous responses that signal a patient may be in danger are then brought to the attention of a doctor or health professional

3. Your Uber ride could get 80% cheaper over the next decade

  • The global market for ride-hailing and robo-taxis could be worth $2 trillion by 2030, UBS has estimated
  • As autonomy makes the services even cheaper to provide, fares could shrink by 80% or more
  • Autonomy can also help Uber and Lyft cars increase a complicated but closely watched measure known as utilization rates

4. Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

  • Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the lending process
  • new lending system applies blockchain technology in the verification and confirmation processes within the network of affiliated institutions and banks
  • the bank also reportedly implemented interest rate swap transactions based on blockchain

5. DHL launches its first regular fully-automated and intelligent urban drone delivery service

  • fully automated and intelligent smart drone delivery solution to tackle the last-mile delivery challenges in the urban areas of China
  • new customized route, which has been exclusively created for a DHL customer, covers a distance of approximately eight kilometers
  • educes one-way delivery time from 40 minutes to only eight minutes and can save costs of up to 80% per delivery