Editor's Desk

Author: Editor's Desk
Blockchain Magazine is an independent platform mainly focused on news and stories related to blockchain and other decentralized technologies. We are committed to deliver and present a reliable and true picture of blockchain framework.

Bitcoin is now an Online Course

April 5, 2021
579
Yes, Bitcoin enthusiasts, as well as beginners, can now learn the inner workings of Bitcoin in an academic environment. Bitcoin Association, a global industry organization based in Switzerland pushing the adoption of the Bitcoin SV blockchain for businesses, announced the launch of Bitcoin SV Academy befor...

Ripple doubles by acquiring 40% of payments firm Tranglo

April 3, 2021
389
Ripple announced that they are taking 40% Malaysian payments from Tranglo. This means that Tranglo will adopt Ripples On-Demand Liquidity Solution (ODL).  Last year in September, Tranglo’s transaction value was $6.91 billion. The company has worldwide offices across Asia, including Kuala Lumpur, Jakar...

Fujifilm to try NTT Data blockchain platform, TradeWaltz

April 2, 2021
472
Japan’s Fujifilm Holdings will try the TradeWaltz blockchain platform that will be used for sharing trade information. This will be the first time that the TradeWaltz platform will be used in the manufacturing sector.  Being founded in 2017 as one of the 18 major Japanese firms that are led by NTT, Tr...

Good News – PayPal merchants can accept cryptocurrency at checkout

March 30, 2021
304
Previously, PayPal announced that it would allow merchants to accept cryptocurrencies for payment. And today, they went live with the solution with its 29 million merchants. Nevertheless, it is only available for those who have PayPal cryptocurrency holdings in the United States.  Last year, PayPal an...

Blockchain Smart Contracts got legally recognized at Iowa House

March 30, 2021
288
The Iowa House of Representatives passed a bill that recognizes registrations and transactions that are made via blockchain smart contracts. Earlier this month, the bill gained Senate approval.  According to the new bill, smart contracts will be given the same legal status as regular contracts. The di...

Sustainable Driving Plan – Fiat planning to launch Blockchain token rewards

March 27, 2021
222
UK-based startup Kiri Technologies and Stellantis will use Blockchain rewards so that they can encourage sustainable driving behavior. Stellantis is formed due to a recent merger between Fiat Chrysler and Groupe PSA. Did you know Stellantis owns 16 brands, including Peugeot, Citroen, Chrysler, and Fiat? &n...

ECB refuses any concerns over digital euro

March 27, 2021
207
The directors of the European Central Bank published a blog defending the motivations behind a digital Euro.  Two weeks ago, that reported on a Commerzbank podcast that assured the real motivation behind introducing a central bank digital currency (CBDC), would be a desire by the ECB to extend its inf...

New Zealand Fund Manager Puts 5% of Assets Plan into Bitcoin.

March 27, 2021
206
Did you know according to a report by local news, New Zealand Funds Management Ltd. (NZ Funds)’s KiwiSaver growth fund has invested 5% of its money in Bitcoin?  At the end of December, the KiwiSaver Growth Strategy had $244 million in assets and they started investing in Cryptocurrency in Octobe...

Japan’s SBI securities is ready to get involved in STOs

March 27, 2021
202
After updating its registration, today, Japan’s Securities told that they are ready to get involved in security token offerings (STOs).  To be specific, they can offer blockchain-based security tokens to their retail customers.  The company also said that they can handle over-the-counter tr...

Mitsubishi and NTT partners for Blockchain DX Solutions

March 26, 2021
220
Japan’s largest entity Mitsubishi Corporation and Nippon Telegraph and Telecom Corporation have formed a joint venture, Industry One. The new company will launch this year and its purpose is to explore cross-industry digital transformation solutions.  The companies have already invested $8.3 million i...

Mark Cuban Supports Crypto Data Startup in $2 million funding round

March 26, 2021
101
A decentralized finance (DeFi), Esprezzo, startup, that is into building automation tools, raised $2 million from Mark Cuban.  The round provides a three-year-old Boston company a capital boost, that is ahead of its data automation. It indicates that there is a continuous interest in the companies tha...

Swiss Air planning to use Blockchain for managing airport take-off slots

March 26, 2021
67
SlotMachine, an EU-funded project uses blockchain technology to create a marketplace for airlines so that they can exchange the runway takeoff slots. The project that was started in October 2020 will now run until the end of 2022.  The project requires a consortium of air traffic technology firm Frequ...

Should Crypto Exchanges Begin Sharing Investor Data?

March 26, 2021
89
The Ministry of Corporate Affairs (MCA) announced on Wednesday that companies will have to disclose their holdings in digital currencies, including their profit or loss in crypto transactions, the amount of holdings, and any deposits or advances made to the company for the purpose of trading or investing i...

FNZ launches blockchain solution for Africa funds

March 25, 2021
64
Today, FNZ is in production in South Africa with ChainClear. Last May, the UK fund and wealth management company closed the deal with FinSwitch, which connects the fund management sector and unit trust in South Africa.  Since the platform uses blockchain, it also provides a single truth source regardi...

A Newby’s Guide to Buying, Selling, and Creating NFTs

March 25, 2021
106
What is an NFT and How Does it Work? Non-Fungible Tokens are defined as cryptographic assets on a blockchain with unique identification codes and meta data to differentiate them. Unlike cryptocurrencies, they can’t be traded or exchanged as equivalence. An NFT can be used to represent the possession of art...

Will Using XRP as a Bridge for CBDCs Push it Higher?

March 25, 2021
445
Ripple announced that it would test a private version of XRP designed specifically for central banks earlier this month. They released a new whitepaper pointing out that XRP could be used as a bridge currency for Central Bank Digital Currencies. The paper, named “The Future of CBDC”, said that interoperabi...

Bull Run Has A lot of Scope to Continue – Bitcoin Reward Ratio

March 25, 2021
429
Despite the biggest drop in a month in the last 24 hours, bitcoin’s bull run will continue. Blockchain data has shown that the cryptocurrency is an attractive bet for existing holders and prospective buyers.  Bitcoin’s reserve risk metric measures the risk-reward ratio of investment that is base...

NFT at Work in an Unexpected Way due to Teller Finance’s Mainnet Launch

March 25, 2021
438
Unsafe commercial-grade lending is one step closer to making its launch in decentralized finance (DeFi).  And now is the time that they are involving non-fungible tokens (NFT).  Teller Finance’s limited alpha mainnet is now live on the Ethereum blockchain which is followed by a testnet, this year...

Crypto has huge potential – Nandan Nilekani supports crypto despite its ban news

March 25, 2021
399
Despite the government’s plan to bak all cryptocurrencies in India, one of the top technocrats and Aadhaar architect Nandan Nilekani says that people should be allowed to engage with them.  Earlier, Nilekani supported startups such as Tracxn, ShopX, RailYatri, Power2SME, and many more. Along with Sanj...

Not enough women in Blockchain? Let us understand why

March 25, 2021
432
Did you know according to the WEF, the global female presence in the crypto-economy is between 1% to 5%? Now, how can the industry witness women come in contrast with men? And most importantly, how can we make a jump in the numbers?  To get a better understanding and to put an outlook, various key

Decoding The Future of Cryptocurrencies in India

March 24, 2021
257
The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is likely being discussed in the current parliament session. Many believe that it will impose a complete ban on crypto trading in the country. However, no one has actually seen a draft of the bill yet. Encouragingly, Finance Ministe...

Crypto Mining Stocks Could Stay One Step Ahead of Bitcoin in a ‘Digital Gold Rush’

March 24, 2021
315
Crypto mining stocks have consistently outdone Bitcoin (BTC) over the past year. According to FundStrat, the trend has accelerated since the cryptocurrency crossed $20,000 a few months ago. The financial research firm predicts that the dynamic isn’t changing as long as Bitcoin is on the rise, calling Bitco...

Why Russia’s CBDC Will Fail as An Instrument of Control?

March 24, 2021
279
Russia’s Central Bank has followed many other central banks of leading economies in creating a central bank digital currency. The nation will launch a pilot platform this year, followed by testing “real world” transactions in 2022. There are implications that the project plans to control the entire financi...

Everything you need to know about Cardano Cryptocurrency

March 24, 2021
441
Cardano has become one of the fastest growing assets in the entire cryptocurrency industry. ADA has built significant hype, but not for nothing. The coin has been in the top 10 since it was released in 2015. With a team that was involved in building Ethereum, the platform can be expected to have similar su...

Cardano (ADA)’s Addition to Bloomberg Terminal Hints at Positive Gains

March 24, 2021
405
First, some background: Cardano is a cryptocurrency network and opensource project that runs a public blockchain platform for smart contracts. It has become one of the fastest-growing assets in the cryptocurrency industry. The platform’s distinguishing feature is that is uses mathematical principles in its...

BIS surveyed how Digital Currencies can be utilized for cross border payments

March 23, 2021
323
The Bank for International Settlements recently published a paper on central bank digital currencies (CBDC). Since several central banks are exploring CBDcs, there is a focus on domestic needs. The BIS is planning to encourage the banks to explore cross-border payments.  These days, cross-border payme...

Central Bank in Thailand to regulate stablecoin

March 22, 2021
289
The Bank of Thailand issued initial guidance on stablecoins and has also requested input on regulatory guidelines.  It breaks stablecoins into two options – the first being backed by Baht currency, which is also known as e-money. Hence, the issuers that provide stable coin services are expected ...

Education has a low key interest in blockchain verifiable credentials

March 22, 2021
351
The American Association of Collegiate Registrars and Admissions Officers (AACRAO) released a survey on current educational trends. With its 11,000 higher education professional members, they aim to improve record management in educational institutions. Blockchain verifiable credentials were not on the lis...

Riskstream solution to roll out insurance apps swiftly

March 22, 2021
194
The Institutes Riskstream Collaborative exposed the third iteration of its blockchain platform Canopy. Previously, the initial version of Canopy supported the R3 Corda enterprise blockchain. By converting to the Kaleido platform, the insurance blockchain retains Corda. It also adds aid for multiple flavors...

Open Seas Raises $23 million led by Andreessen Horowitz

March 22, 2021
203
Opensea, the nonfungible (NFT) marketplace has announced a Series A funding of around $23 million. The funding is led by Andreessen Horowitz. Amongst the several investors are Mark Cuban, Tim Ferris, Naval Ravikant, and Alexis Ohanian. The owner of $69 million Beeple art, Metapurse is also an investor.&nbs...

Morgan Stanley is planning to extend bitcoin funds to affluent clients

March 22, 2021
224
Did you know according to a CNBC report, Morgan Stanley is about to offer a display to its high net worth clients? The bank has told its financial advisors that it will provide access to two Galaxy Digital funds that are run by Mike Novogratz.  Nevertheless, they will be made available to clients who ...

Hapag Lloyd Back, COSCO a GSB blockchain network has now incorporated

March 22, 2021
192
The Global Shipping Business Network (GSBN) said that they integrated as a non-profit organization in Hong Kong. Global Shipping Business Network aims to digitize trade boasts and four-port terminal operators.  The funding shareholders are COSCO SHIPPING PORTS, COSCO SHIPPING LINES, SPG Qingdao Port, ...

Fireblocks raises $133m to bring crypto to banks

March 22, 2021
259
Fireblocks, a cryptocurrency startup, has raised $133 million in Series C funding.  With a strategic investment from Silicon Valley Bank, the investment was led by capital firms, Ribbit and Stripes and Coatue.  The CEO of Fireblocks, Michael Shaulov said that the cash injection will allow the com...

Is the Bitcoin Bubble About to Pop?

March 18, 2021
413
Economic bubbles occur when too much money is put towards too few assets. Examples of this are the dot-com bubble of the late 1990s and the subprime mortgage crisis of 2008. The Bitcoin dynamic is quite often compared to the tulip mania of the 1630s in the Netherlands. Tulips were then newly-introduced and...

How Blockchain Could Help to Ensure Insurance Security

March 17, 2021
323
About half of the US population owns life insurance. A law mandating that every car owner must have car insurance (except for in New Hampshire and Virginia) means that approximately two hundred and eighty million people own car insurance. With these details, it is safe to assume that people’s personal deta...

Christie’s uncovers the buyer of $69 million of Beeple NFT Art

March 17, 2021
392
Christie’s uncovered $69 million winners of the NFT Art auction of Beeple’s First 5000 Days. The buyer is known as the nickname of Metakovan and is the financial backer of nonfungible token (NFT) investment.   For those who are not familiar with NFT, they use blockchain to allow someone to purcha...

This bank uses the Ant’s Trade Finance Blockchain Trusple

March 17, 2021
306
DBS Bank announced that they executed their first trade finance transaction on the Trusple blockchain. The transaction was around $40,000 for artificial construction stone material, called iQuartz.  Trusple uses AntChain to register the purchase order on the blockchain, which will enable transparency. Once...

Why do most company treasures not consider Bitcoin?

March 15, 2021
381
Did you know most of the corporate treasures are planning to invest in Bitcoin, as one of the credible sources? It is an indisputable fact that founder-managed companies, Square, Microstrategy, and Tesla have invested. A few other companies may follow, but not the crowd. The misconception is based on a mis...

Shell leads $11 million Series B for renewable Blockchain startup

March 15, 2021
297
LO3 Energy announced the closing of its first $11 million Series B, which was led by Shell Ventures. The funding will be used to develop Pando, a solution that uses blockchain to create a community that has a marketplace of renewable energy.  A new investor,  Japan’s Shikoku Electric Power joins the ...

Future of Bitcoin – Does it have space in the Company’s Balance Sheet?

March 15, 2021
344
It is an indisputable fact that in early 2021 Bitcoin has seen tremendous growth. It has reached over $58,000, which is triple the peak of the 2017-2018 boom. We are entering into an age where institutions are turning to Bitcoin since many countries are following it. And to make it worse, they are als...

Bitcoin bulls are targeting $ 100k for the digital currency

March 15, 2021
262
There is no demand shortage for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run.  The data suggests that Bitcoin (BTC) whales and institutions have made the most of the recent BTC price dip by buying big.   On March 9, on-chain analytics service Material indic...

The Berlin Upgrade! Ethereum Developer confirms Berlin Hard Fork for April

March 15, 2021
377
The Berlin upgrade is all set to go live at block 12,244,000. The upgrade will be positioned on Goerli, Ropstein before they make their way into manners. If all goes as planned, Goerli will go live on March 17, and Rinkeby on March 24, before they get deployed on Mainnent on April 14.  On hard

MoneyGram and Ripple partnership ended

March 15, 2021
265
Ripple and MoneyGram have ended their partnership and settled their payment using XRP and Ripple Technology. Both have ended the partnership in a friendly tone, and Ripple even told that the partnership might get implemented in the future.  Ripple officials said that Ripple and MoneyGram have decided to en...

NFT is the new trend in Digital Currency

March 15, 2021
236
These days, NFT or Non-fungible tokens are a hot trend. Here is a brief guide on what they are and why the world has gone NFT-crazy, this month.  A 500 rupees note in your pocket and a single bitcoin token has no difference. They both are made to be mutually exchangeable.  But, NFT is a

Digital Currency Group plans to purchase $250M Grayscale Bitcoin Trust Shares

March 15, 2021
988
The parent company of Grayscale, Digital Currency Group, said that they are sanctioned to purchase $250 million lagging shares of the Grayscale Bitcoin Trust (GBTC). GBTC is a Digital Currency flagship product.  In an announcement on Wednesday, Digital Currency Group, which is also a parent company of Coin...

Goldman Sachs talks about Digital Assets, expecting mergers

March 9, 2021
355
We all are aware that Goldman Sachs has re-opened its crypto trading desk again. The desk was launched in 2018 after 2017 cryptocurrency growth. Mathew who heads the digital assets team at Goldman Sachs shared details about the trading desk and blockchain projects he is seeing beyond cryptocurrencies. He a...

ETF, Digital Bitcoin can become a lucrative opportunity

March 9, 2021
322
A new entrant has entered the Canadian Market on 9 March and resultantly Bitcoin ETF exchange-traded funds multiplied. On Monday in a press release, Galaxy Digital Capital Management, a subsidiary of financial and services management company, said that the ETF would start trading this week. ETF gets a majo...

You should read this before accepting salary in Cryptocurrency

March 9, 2021
340
With the increase in overseas freelancing work, the clients are giving payment in the form of Cryptocurrencies. Clients are choosing Cryptocurrencies due to their low-cost and convenience, instead of using bank services. According to a report in Economic Times, the companies that are involved in the Crypto...

Blockchain is coming to rescue COVID-19 supply chain

March 9, 2021
292
Moderna and IBM have planned to explore how to distribute the COVID-19 vaccine using Blockchain, AI, and other technologies. The pharmaceutical company is organizing a blockchain pilot to provide vaccines throughout. The government and healthcare providers are facing issues in supplying the COVID-19 vaccin...

Ripple plans to provide solutions for central bank digital currencies

March 9, 2021
370
Ripple published an article saying that they are controlling a private version of the open-source XRP Ledger so that they can provide a solution for central bank digital currencies. There are several technologies and payment firms that are competing to provide central bank digital currency solutions. These...

Crypto is also like Amazon and Uber and the world is transforming to it

March 9, 2021
326
The expert says that the cryptos are a decentralized way of parceling the service, just like Amazon and Uber.  The future of cryptocurrencies is in the balance as the Indian Government considers it as a law. The wrathful debate is on if cryptocurrencies like Bitcoin hold any real value or its is just ...

What is Digital Yuan and why is it getting integrated with Chinese Tech?

March 9, 2021
385
The Chinese homegrown business Chang’an chain will be integrated with digital yuan, following an agreement between the central bank Digital Currency Research Institute and Beijing Academy of Blockchain and Edge Computing.  China’s central bank digital currency does not use blockchain at its core since...

New York State testing IBM Covid-19 blockchain app

March 8, 2021
410
New York announced that they are controlling a blockchain health certificate app with IBM. This shows the proof of Covid-19 vaccination or negative test results. The tool, which is named Excelsior Pass, checks the vaccine and testing information via confidential data transfer.  The app can help the re...

Regulators joined hand with this blockchain startup

March 8, 2021
322
BitGo has acquired a New York Trust License from the New York State Department of Financial Services.  The new rules allow BitGo to give custodial services to institutional clients in New York. With the new regulations, the company can make new and large investments in crypto. They can provide Anti-Mo...

Blockchain Curriculum got a new kick from UC Berkeley

March 8, 2021
368
UC Berkeley was once known for its proactive and developing atmosphere and is now a huge player in blockchain education.  Parity Technologies, a blockchain infrastructure company collaborated with the University of California to reinforce the institution’s blockchain curriculum.  In this session,...

BuyBSV.com Expands Territory to Seven More Countries

March 6, 2021
401
BuyBSV.com extends its territory to include seven more countries as the expansion of Bitcoin SV (BSV) and its blockchain technology necessitates for it to be more accessible. You can now buy BSV in Argentina, Colombia, Chile, Greenland, Kenya, Peru and Taiwan. This is in addition to the 43 other countries ...

New grants for Bitcoin developers. Do you know?

March 4, 2021
225
The Human Rights Foundation has announced four new grants. The grant is part of the Bitcoin Development Fund, a program launched to financially support Bitcoin developers.  The non-profit organization focuses on protecting human rights around the world. They will donate $25,000 to Jesse Posner,  ...

This Mark Cuban’s prediction on Gold is shocking for markets

March 4, 2021
381
On March 2, Mark Cuban, the biggest critic of Cryptocurrency, said that Bitcoin and Ether are authorizing and gold is vanishing. He notified Peter Schiff that gold “will die” as a store of value.  Schiff had a huge name in the gold market and is a bit unsure about Bitcoin. He continues to ...

These top Legality of Cryptocurrency in India you should not miss

March 4, 2021
381
Did you know according to recent reports from Indian media, it indicates that the government is going to take a strict approach towards the cryptocurrency market? However, the bill has only been drafted, certain changes need to be made if the bill is to be passed.  India is on the verge of determining...

These 4 Blockchain Applications will help you grow your business

March 4, 2021
507
It is an indisputable fact that cryptocurrency has had its ups and downs. People have looked at bitcoin as a disputed currency for black market activity.  We all are aware of the endless opportunities that bitcoin presents. Mostly, it is a public ledger that documents every bitcoin transaction called ...

Global Payment Colossals are chasing the Blockchain technology, but will this added catalyst can form a major adoption?

March 3, 2021
318
Did you know recently, Visa announced that they were partnering up with Circle Internet Financial that raised almost 271 million dollars in developing the US Dollar Coin. This move will witness Visa’s 60 million merchant network that is connected to payment and is in the USD Currency.   Global Pa...

This is a new trend in Blockchain. Did you know?

March 3, 2021
425
Blockchain Tokenization is a new paradigm in Businesses What is Blockchain Token? Did you know the IDC predicts that by 2025, the tokenization asset market will reach USD 500 billion? Blockchain Tokens are digital portrayals of anything which has a higher value and complete ownership. They are majorly...

Paralink Network raised $2.8 million for its blockchain platform

February 2, 2021
1123
Paralink announced that it had raised $2.eight million from top notch investors including LD Capital, Kenetic, 3Commas, Genesis Block Ventures and NGC Ventures. Moreover, they have announced Denko Mancheski, CEO of Reef Finance — the first go-chain DeFi OS on Polkadot — as an marketing consultant. Paralink...

The myths associated with Blockchain. Demisting few.

November 26, 2020
1812
Blockchain is the most talked about technology amongst the Fintech leaders. It is gaining traction amongst businesses and organizations. Considered as the digital ledger, it is the most transparent technology. It is decentralised, with data stored in each block and through a network of systems or computers...

Blockchain in 2021 is a tale of two speeds

November 26, 2020
1857
The pandemic amplified trends that were already underway – and so 2020 has been a year of reckoning for distributed ledger technology (DLT; aka blockchain). More realistic and pragmatic approaches to blockchain initiatives have been the order of the day for some time, as, increasingly, budgets for pure R&a...

Blockchain to monitor the COVID-19 vaccine supply chain

November 26, 2020
1653
A unique challenge The key difference between the two vaccines, from pharma companies Moderna and Pfizer, is the conditions in which they must be stored. For long-term freezing, Moderna’s vaccine requires a temperature of minus 20 Celsius degrees, but can be stored for up to one month in a regular refriger...

Big banks take baby steps toward commercializing blockchain

November 26, 2020
1457
Much of Italy’s banking sector now uses Spunta, a blockchain network based on technology from New York-based firm R3. JPMorgan Chase’s in-house digital currency JPM Coin recently went live for the first time with a large technology client. Covid-19 may have a role to play in spurring banks to roll out comm...

How Airlines Can Save Millions with Blockchain

November 26, 2020
1451
We do not have one industry where blockchain technology has not crawled its way into, but the question remains: is the aviation industry making the most of it? Did you know that blockchain technology in the airline industry is the key element in creating a seamless travel experience?  I can imagine a ...

Beyond the Data: Is Blockchain the Answer to Improving Global Health?

November 26, 2020
1140
The pharma industry has long been riddled with data accuracy, privacy and transparency issues affecting clinical trials, supply chain and counterfeit drugs. The industry has been exploring technological solutions to address these issues. The COVID-19 pandemic has highlighted the urgency for adoption of dig...

Skuchain and Mitsubishi Launch Blockchain Platform ECO for Metals and Mining

August 13, 2020
4836
Skuchain, a US-based blockchain company, has collaborated with Mitsubishi Corporation RtM Japan, the metals and mining trading subsidiary of Mitsubishi, to start the ECO platform for expensive metals trading. Powered by Skuchain’s proprietary EC3 platform for blockchain-based SCM and finance, ECO supports ...

Ubitquity Signs a Deal to Build Out Blockchain Platform for Rainier Title

August 13, 2020
3762
Ubitquity, developer of a blockchain-secured platform for real estate and title recordkeeping, has declared a new collaboration with Rainier Title. As part of the alliance, Ubitquity will develop a platform for creating a tokenized property title and parallel records of conveyances for Washington-based Rai...

IP Australia and NRL Test Blockchain to Fight Counterfeits

August 13, 2020
3240
IP Australia has collaborated with the NRL (National Rugby League) to test a new digital app created to reduce counterfeiting. Under the trial, two of the NRL’s official online merchandise stores, NRL Shop and Savvy Supporter, will be registered with the “trust badge” as visible proof tha...

EC Explores Blockchain Technology for Remote Voting

August 13, 2020
3328
While exploring the next steps to overcome geographical barriers while casting votes, Election Commission officials investigated the potential of using blockchain technology to enable remote voting. Blockchain is a system in which the database of recordings (a ‘chain’) arrives on multiple computers simulta...

Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA

August 12, 2020
2600
Energy and transportation startup EVShare is starting a community energy-sharing pilot in Los Angeles. The initiative, which gained $20 million in ally funding and a $9 million grant from the California Energy Commission, is set to trial the application of blockchain technology in maintaining a localized r...

Kadena Implements First Crypto Gas Station on Blockchain

August 12, 2020
2413
Kadena, a network that combines public applications with private blockchains, has successfully achieved the world’s first crypto gas station on its blockchain. Kadena announced the news by a blog post on its official medium channel on August 6. Kadena attempts to solve the onboarding process of people seem...

Paystand Blends Card, Blockchain Rails for B2B Payments

August 12, 2020
2454
Cards are getting ground with B2B buyers, particularly as the coronavirus outbreak clutches business owners’ cash reserves. However, this leaves suppliers spending more on interchange fees as they accept more cards. Paystand declares it has hit on a hybrid solution to the problem with Zero Card, which depl...

OMC Group Launches Tradable Blockchain Game Omni Pets

August 12, 2020
2410
OMC Group Sdn Bhd “(“OMC Group”) is providing a fun way to know about blockchain by a game of collecting unique tradable digital tokens with the launch of Omni Pets today. Omni Pets are digital tokens developing utilizing the ERC-721 open standard based on the Ethereum protocol and are no...

JPMorgan is Developing its Blockchain Engineering Team

August 10, 2020
2116
JPMorgan is not new to blockchain. The bank has been operating on distributed ledger technology (DLT) since around 2015. However, it appears to be going deeper into the area in late 2020. In the past few weeks, JPMorgan has unveiled at least 11 new blockchain engineering jobs, which seems a lot since the b...

MarketOrders Vows to Rid Independent Jewellers of “Outdated Processes”

August 10, 2020
2417
Online B2B marketplace MarketOrders has declared its upcoming blockchain technology. It says it will substitute outdated versions, fight industry fraud, and increase delivery times for independent jewelers, thereby increasing their profits. Blockchain technology allows independent jewelry retailers to sour...

ACLU, EFF Against Blockchain for COVID-19 Tracking

August 10, 2020
851
The Electronic Frontier Foundation (EFF) and American Civil Liberties Union (ACLU) have expressed against a new law in California that aspires to utilize blockchain for COVID-19 tracing. Last week, in an online post, the digital rights duo described the bill as a “huge privacy concern.” It appended that “n...

Animoca Brands and Atari Introduce Blockchain Gaming

August 6, 2020
1298
Blockchain-focused gaming developer Animoca Brands has revealed an expansionary development of its existing collaboration with cult classic gaming company Atari. Extending an existing agreement dating back to December 2018, Animoca Brands stated the new amendment extends its access to an extra 15 Atari gam...

Cambodian Rice Exporter Taps Blockchain for Better Supply Chain Management

August 6, 2020
1277
In a bid to promote transparency in the Cambodian rice industry, and set measures in place to mitigate the sufferings of farmers in the region, Schuttelaar and Partners (SP) and Amru Rice are associating on a blockchain project dubbed BlocRice. As per sources close to the development, the team sent out a s...

Blockchain Plastics Tracking Gathers Steam

August 6, 2020
1273
CSSA, Layfield, London Drugs, NOVA Chemicals, Merlin Plastics, Recycle BC, Return-It, Save on Foods, and V.I.P. Soap has joined BASF in a project that utilizes blockchain to trace plastic by its lifecycle. Named reciChain, the project uses a blockchain solution provided by SMX with a physical marker that a...

Honeywell Adds Granularity to Aircraft Parts Blockchain

August 6, 2020
1177
Honeywell Aerospace started a blockchain to help its GoDirect Trade online portal for aircraft parts, in 2018. Airlines must keep records of the maintenance of all aircraft parts, no matter where in the world the work is performed. The first emphasis of Honeywell’s blockchain stored PDF documents and...

Voatz Blockchain Voting Platform Complies With Federal Guidelines

August 5, 2020
1386
Mobile voting provider Voatz has announced its platform is compliant with federal voting system guidelines. It declares after ‘comprehensive’ testing by an independent lab. Pro V&V, a software and systems third-party test laboratory, authored a 47-page report which terminated that Voatz ...

GetBlock.io Launches a Service for Fast and Secure Access to Blockchain Nodes

August 5, 2020
1229
GetBlock is a service that offers a connection for the major cryptocurrencies’ nodes. They support tools like JSON-RPC, REST, and WebSockets, which promote direct synchronization with the blockchain. There is no obligation to run a node yourself; the platform enables its consumers to connect to the blockch...

Bolero Joins Blockchain Trade Finance Platform Marco Polo

August 5, 2020
1623
Bolero is joining Marco Polo to combine the Bolero e-Bill of Lading solution to the blockchain trade finance platform’s offering. Moreover, Bolero is an associate of letter of credit blockchain Contour. Leading Trade Digitisation provider Bolero International has entered the Marco Polo (network), to bring ...

Avery Dennison integrates with public blockchain VeChainThor

August 5, 2020
1300
Smart labeling company Avery Dennison (AD) and VeChain described their ToolChain Enabled Solution on the 14th International Internet of Things Exhibition 2020, conducted in Shenzhen, China., in late July Due to Covid-19, customers require safer, healthier, and more traceable products. Blockchain and IoT pr...

Electric Capital Launches $110 Million Fund Focused on Cryptonetworks and Blockchain Businesses

August 4, 2020
1322
Today, Electric Capital declared the closing of its second fund, a $110 million seed, and Series A fund, focused on crypto networks and blockchain-enabled businesses. The firm is led by co-founders Avichal Garg and Curtis Spencer. The founders are serial entrepreneurs, former executives at Facebook and Goo...

Overstock’s Blockchain Ventures Growing in Q2

August 4, 2020
1330
Current Q2 financial details from blockchain-involved company Overstock show triple-digit percentage growth as opposed to the same time in 2019. “Total net revenue was $783 million, an increase of 109% year over year,” a public statement said on July 30. “Gross profit was $180 million or ...

DIA Harnesses Blockchain to “Democratise” Financial Data

August 4, 2020
1305
Swiss open-source financial information platform DIA (Decentralised Information Asset) is launching a Wikipedia-style platform created on the blockchain, which is intended to become the go-to source for financial markets data. Developed to be fully transparent and community-owned, DIA will allow users to c...

Blockchain Initiative Brings Alibaba & Israel Ports Company to Join Forces

August 4, 2020
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A new Blockchain Bill of Lading initiative from the IPSCA (International Port Community Systems Association) has gained a significant ‘vote of confidence,’ with Chinese e-commerce and technology group Alibaba signing up to the project by the organizations’ joint Logistics Visibility ...

Bitcoin May Be Poised For the Next Bullish Breakout

August 3, 2020
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As market prices finally break free from months of stagnancy, many believe it’s a sign of good things to come. Good investing practices have always seemed to have some amount of witchcraft involved in them. As most seasoned investors that consistently turn profits seem capable of reading markets in the sam...

Huawei Seeks Patent for Blockchain-Powered Storage

August 3, 2020
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China’s Huawei proceeds to fund blockchain technology as it seeks to join the global leaders in the quickly developing enterprise blockchain industry. In its recent move, the tech giant filed patent applications to utilize blockchain in its storage devices. Huawei followed in the footsteps of its opponent ...

Dubai Debuts Nationwide Data Platform Powered by Blockchain

August 3, 2020
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The United Arab Emirates is debuting a blockchain-based Know Your Customer platform. This platform is set to become a nationwide system for exchanging verified consumer data. DED, or Dubai’s Department of Economic Development, and state-run bank Emirates NBD are rolling out their UAE KYC Blockchain P...

EY Named as a Top Enterprise Blockchain Service Provider

August 3, 2020
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EY today declared it had been ranked third in HFS Research’s annual Top 10 Enterprise Blockchain Services Report, based on the organization’s bold public blockchain market vision and software development-led go-to-market strategy. HFS, a technology analyst firm concentrated on determining the f...

India’s First-Ever COVID-19 Blockchain Platform BelYo Launched

August 3, 2020
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Global blockchain startup BelfricsBT, along with YoSync, a startup incubated at IIITB-IMACX Studios, has inked a research collaboration in agreement with IIIT Bangalore to develop India’s first COVID-19 blockchain platform, BelYo jointly. The Mphasis F1 Foundation has funded the project as a part of ...

Blockchain and how it can change construction

August 1, 2020
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Blockchain has had a short but fascinating history. Though the general concept of the technology was outlined a few decades ago, it has only been practiced for a handful of years. And throughout that brief history of blockchain, the defining achievement has unquestionably been facilitating the launch of cr...

Cypherium to Assist China in Advancing Blockchain City Infrastructure

August 1, 2020
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Cypherium, the enterprise-level blockchain platform, will contribute to the blockchain development of a major Chinese city. An associate of global tech giants like Microsoft and Google, Cypherium has inked a Memorandum of Understanding, or MoU, with Suzhou City Municipal to advance the city’s develop...

Why Blockchain Exchanges Are Now Using Traditional Exchange Technology

August 1, 2020
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Typically, blockchain exchanges and traditional exchanges, like the Nasdaq or London Stock Exchange, have been seen as opposites where blockchain exchanges are viewed as a more open, community-focused option. In contrast, traditional exchanges are viewed as relics of the old financial system — stuffy and c...