Fantasy sports crowned next big thing for crypto industry
Fantasy sports are crowned the next big thing for the crypto industry by a research firm. Messari, a research institute, believes that blockchain has become the next natural step for esports. The company has found that blockchain would be the key for fantasy sports to be mass adopted. Fantasy sports crowned next big thing for […]
IBM is bringing blockchain to the fashion industry
TLDR Breakdown IBM has developed a blockchain network for the fashion industry in partnership with KAYA&KATO. The network is expected to ensure traceability for clothing materials. IBM brings blockchain to the fashion industry With support from the German Federal Ministry for Economic Development (BMZ), IBM has launched a blockchain network to enhance transparency in the […]
Blockchain Covid-19 app on trial at New York airport
Blockchain Covid-19 app is on trial at a New York airport. The app will help New York state airport commuters track surface cleanliness in real-time. Albany airport has started trying out the ‘Wellness Trace App’ to keep an eye on how to clean the surfaces and objects in the airport. Blockchain Covid-19 app on trial […]
Chinese bank to use blockchain to sell $3 billion worth of debt
Chinese bank, China Construction Bank, is planning to sell $3 billion worth of bonds using blockchain-based technology. The bank has partnered with Hong Kong-based fintech company Fusang to prepare the launch. Fusang hopes the partnership will be the first of many bond offerings using its technology. Chinese banking giant, China Construction Bank, plans to use […]
Blockchain streaming platform on the right track to take on SoundCloud
Blockchain streaming platform, Audius, could challenge SoundCloud using cryptocurrency. Audius, an Ethereum centered platform, conquers both, Spotify and Apple by offering musicians the best deal. The CEO of the organization, Roneli Rumburg, explained to CoinDesk how he found his business’s success exhilarating. Blockchain streaming platform on the right track to take on SoundCloud A blockchain […]
Switzerland bank launches new blockchain token services
Switzerland bank has released services for its blockchain token Tezos ( XTZ). Sygnum bank which prioritizes dealing with verified digital assets in Switzerland has launched its first range of services for its proof of stake blockchain token. The news came out today that the bank will allow people to both trade, stake, and have custody […]
Skymarch Gaming together with Enjin launches 3 NFT games
Skymarch Gaming Studio and Enjin games will come about by integrating Non-Fungible Tokens. The entertainment gaming company Skymarch Gaming studio will partner with Enjin, a blockchain developer. The collaboration will birth three games created through Ethereum based NFT, and Demos are already available for the public. Skymarch Gaming together with Enjin launches 3 NFT games […]
PredictIt in trouble after site crash
Predictit faced a potential lawsuit after the site crash last night. Predictit crashed yesterday night when it was giving details on the US presidential election. The site crashed early in the morning today. Predictit in trouble after site crash Predictit faced a potential lawsuit after the site crash last night. The site crashed yesterday night […]
Australian senator recommends blockchain to streamline financial regulatory compliance
Australia senator hinted at the use of blockchain to streamline regulatory processes. Among other things, the senator believes that technology can help to reduce regulatory costs. Australia is likely to see another application of blockchain in financial regulation. As hinted by a senator, the government may be deploying blockchain technology to streamline the complicated processes […]
Liquidity rewards for DeFi builders
Liquidity rewards for DeFi builders will be available. The rewards will be available through the Universal Market Acces (UMA). UMA hope to encourage developers who build products on blockchain and for crypto. Liquidity rewards for DeFi builders Liquidity rewards for DeFi builders will be available. The rewards will be available through the Universal Market Acces […]
BOCHK crosses crypto over the border for the first time
BOCHK has successfully run cryptocurrency transactions across the border via blockchain. The action was a collaboration between the Bank of China Hong Kong and the Bank of China via its segments Shenzhen and Guandong. The transfer was in line with the birth of eTradeConnect as well as the Trade Finance Blockchain Platform in China. BOCHK […]
USA election: AP is using blockchain to verify results
USA election results, are going to be announced on the blockchain by the Associated Press (AP). The blockchain technology shall make sure the results are verified for paying and non-paying customers and will run on the EOS and ethereum blockchains. Through API, AP shall be able to ensure the correctness of the information they find […]
Zenlink partners with Chainlink to leverage blockchain
Zenlink collaborates with Chainlink to leverage the blockchain oracles that it has amongst its cryptocurrency platform. The move to partner with Chainlink will expand the blockchain platform so that it is even more decentralized and easy for traders to use. Chainlink is a decentralized platform of nodes that send out data and information from outside […]
Nuclear disarming: blockchain the solution
Nuclear disarming study by Kings College London (KCCL) suggests that blockchain could be the solution the world needs. KCCL launched a policy analysis depicting how blockchain could support nuclear disarmament. The transparency that blockchain has to offer could help non-cooperating parties negotiate. Nuclear disarming: blockchain the solution A nuclear disarming study by Kings College suggests […]
USA telecom giant makes blockchain a tool for newsroom transparency
USA Verizon will use blockchain in its product ‘Full Transparency’ to verify news for customers. What makes the Verizon technology powerful is how easily it verifies information from external sources. The chief of communications at Verizon, Jim Gerace, said that the company is excited to innovate the market by bringing in a product that promotes […]
Ripple has decided to move to Japan
Ripple announced its plan to move to Japan. The announcement came from SBI Holdings Yoshitaka Kitao, at their financial results briefing that took place yesterday. MoneyTap, the company’s app, is what inspired the transition as the company plan along with 38 Japanse banks to invest in it. Ripple has decided to move to Japan Ripple […]
Anthony Albanese: the new chief regulatory officer for Andressen Horowitz (a16z)
The news that Anthony Albanese will be working for a16z, which invested in Coinbase, came today. The former officer will start on the 16th of November 2020 at the prominent venture capital organization that targets cryptocurrency and growth in Blockchain. Mr. Albanese’s role will tackle crypto companies in social media, payment systems, digital storage, creative […]
Telos launches a new Blockchain platform for task givers and takers
Telos launches plans to create a new short term contract platform with Blockchain and peer to peer use. The platform called TelosTask connects those that distribute the task to those who take it otherwise, known as gig workers. Telos Task will help workers complete work locally and globally via a wide variety of platforms. Telos […]
ASX blockchain clearing system delayed for launching until 2023
The Australian Securities Exchange has further delayed the launching of its blockchain clearing system until 2023. The planned blockchain platform is expected to replace the Australian old clearing system, CHESS. For years now, the Australian Securities Exchange or ASX has been seeking to replace its old clearing system, the CHESS. The Australian bourse operator initially […]
Loans for Malaysian blockchain startups now available
Singapore based firm offer loans to Malaysian blockchain startups. LuneX is looking to capitalize on Malaysian blockchain talent. Loans start from $100,000 to millions. Malaysia based digital startups are now facilitated with the opportunity to secure loans under the growth funding banner. The Singapore based firm dedicated to playing its role in the impact of […]
Blockchain predicted to take down commercial banks
Daniel Masters, in an interview with Forbes, announced that Blockchain would be the end of traditional banks. Mr. Masters was a commodities trader at JP Morgan but is now chairman of CoinShares, a niche exchange-traded bitcoin note provider for Europe. His career pivot and declaration legitimizes the crypto industry for many investors. Blockchain predicted to […]
Hex Trust partners with payments firm as a gateway to Europe
Hex Trust enters partnership with multibillion-dollar European payments company SIA The partnership will enable a gateway to Europe for digital custody solutions Hex Trust, a key provider of custody for digital assets in the banking sector, is partnering with the Milan-based payments company, SIA group. Hex hopes the partnership will provide an opportunity to help […]
Blockchain trading system 1 step away from Australian Securities Exchange (ASX) approval
Australian stock exchange company says its blockchain offering will soon be connected to the ASX NSX has gained approval for the use of its blockchain trading services from Australian regulators The stock exchange company trading system had been due to launch in early 2021 ASX is likely to change Australian stock trading with this venture […]
Two US agribusiness joins blockchain venture to streamline operations in Brazil
Grains and oilseeds companies partners to boost operations in Brazil. The blockchain platform is expected to debut by next year. Agricultural is one other sector where blockchain technology is steadily harnessed to improve business operations in the farms. Many agribusiness companies are using technology today to boost food supply chain tracking as well. Today, several […]
PwC: Blockchain can boost global economy by over $1 trillion in 2030
PwC says Blockchain technology can generate the world up to $1 Trillion in the next decade. China could see the most economic boost from the technology. Unarguably, Blockchain technology is proving to be useful across different sectors of the economy, aside from being the underlying technology for digital currencies. Over the years, the technology has […]
UniFi obtains 1 million dollars in funds invested by Chain Capital
The popularity of blockchain in UniFi is increasing every day, and for this reason, many projects such as DeFi, want to get the most out of this system. Although there are many cryptocurrencies available, ethereum is the digital currency used to persuade the gridlock caused by networks and high gas rates, according to UniFi. UniFi […]
Lemonway partners with RippleNet for faster Euro-to-Euro payouts
French Europe’s leading payment institution, Lemonway, was announced to have joined RippleNet by its parent company, Ripple, on 6 October 2020. The new burgeoning partnership, which seeks to make transactions across European borders faster, secured, and more transparent, would see Lemonway try to use the strong Ripple’s blockchain network for its current euro-to-euro payments, which […]
Ripple initiates move to decarbonize Blockchains by 2030
Ripple, the blockchain payment company behind the XRP cryptocurrency, has commenced the first carbon net-zero movement in the blockchain industry. As different sectors of the world continue to solve their way to a healthy ecosystem, the blockchain industry has opted to join the trend as well, as displayed by the payment company today. Ripple pushes […]
Singapore leveraging blockchain tech in managing COVID-19 records
State-owned SGInnovate has teamed up with Accredify to create a digital health passport leveraging blockchain tech. According to the firms, the blockchain-based data management tool provides more efficient health records management methods. The development of the health records management tool began earlier this year, with a pilot test conducted in June . Following a successful […]
New EY blockchain analysis tool to improve financial reporting
EY blockchain Explorer and Visualizer tool New tool to imrove financial reporting EY launches blockchain-based procurement platform One of the leading accounting company, EY, announced the launch of its new EY blockchain analysis tool on September 27. The new on-chain data analysis tool will be used to track blockchain activity, including bitcoin transactions on the […]
RockX to invest in Polkadot $20 million to support DOT ecosystem
RockX will launch a $20 million investment for the Dot ecosystem The individual investors are anonymous Polkadot launched Polkadot Treasury just a week ago RockX will invest in Polkadot $20 million over the next five years. The investment capital is divided into DOT tokens, each worth up to $500.000 per project. The RockX company will […]
Blockchain: EU crypto-assets regime to be introduced by 2024
The European Union (EU) intends to introduce a set of rules within the next four years that utilizes blockchain and crypto assets (like stablecoins) to improve cross border payments. In a report published by TheSun newspaper, it has been confirmed that two EU documents have explained the EU’s new strategy to encourage digital finance. Despite […]
Ethereum: a hedge above the rest
The use of Ethereum as a hedge is on the rise ETH is arguably the most important cryptocurrency in new DeFi protocols Contact call activity on ETH blockchain has substantial growth The opportunity to use Ethereum as an investment vehicle is on the rise with the advancements in the development of Decentralized Finance protocols. Per […]
eToro launches a corporate social responsibility initiative GoodDollar
eToro launches social responsibility initiative GoodDollar The initiative is based on blockchain technology GoodDollar aims to help people out of the banks’ system eToro launches a corporate social responsibility initiative dubbed, GoodDollar (G$). Launched in early September, G$ functions to bring freedom to people on a global scale. What is GoodDollar? The idea behind this […]
The DAML connects BNP Paribas with major global stock exchanges
“The DAML connects BNP Paribas with major global stock exchanges” the news of the day in the blockchain technology world. BNP Paribas Securities Services is partnering with Digital Asset to develop a number of the DAML-based apps that will provide real-time access to trade and settlement services for customers in the Asia Pacific region. The […]
Fnality International project facing delay until 2021
The settlement of payments among the world’s biggest banks could be transformed because of the Fnality International project. But unfortunately, it would not take place until 2021. It is shocking to know that last June, Banco Santander, Barclays, Credit Suisse Group AG with the collaboration of the other 10 biggest banks declared that they had […]
India ranks second in blockchain wallet transactions
A recent study into blockchain activities has revealed that India sits second place in the number of blockchain wallet transactions. According to the survey, it showed the activities of blockchain wallet transactions increased drastically in July. The survey said that major digital assets also overpowered traditional assets in the financial market during the same period. […]
Electric Capital raises $110M in latest funding round
Venture capital firm Electric Capital has raised $110 million from a host of institutional investors in its latest funding round. The California-based venture capital firm invests in fintech and blockchain-based markets that align with its idea of “Programmable money.” The firm claims to have invested in more than 100 technology startups with a cumulative market […]
CBDC could replace cash with the adoption of blockchain, says Brad Garlinghouse
In a tweet from his official page, the CEO of digital assets powerhouse, Ripple, Brad Garlinghouse, has noted that CBDC could replace cash with the adoption of blockchain technology by governments. Garlinghouse further noted that around the world are now looking to the technology years after they dismissed it. When blockchain technology first entered the […]
Filecoin mainnet launch generates hype, again
The much-awaited Filecoin mainnet launch is once again garnering headlines. After suffering a delay of 36-months, the dormant ICO is readying for launch next month. All eyes are once again now on the biggest ICO of 2017 as the resurrection news has generated another round of interest among the crypto enthusiasts. #Filecoin is expected to […]
