Category Archives: Blockchain

Charles Hoskinson, former Ethereum Co-Founder and founder of Cardano, announced the launch of an enterprise blockchain framework, “Atala”, which aims to provide financial services to billions of people living in African countries. “Atala is an enterprise framework similar to Hyperledger Fabric. However, the point is to be a solutions provider for governments in need of a municipal currency or a supply chain management system. This requires a type of framework that serves as libraries and modules that would allow governments to rapidly build a product for end users,” as said by Hoskinson. It focuses more on governments in developing countries. The framework is for real-world use cases such as property registration, voting systems, and supply chain management. Atala focuses on digital currency adoption. According to Hoskinson, Atala will first be used in collaboration with the government of Ethiopia to develop a new Cryptocurrency to provide a secure and dependable means…

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Amazon Web Services (AWS) has launched its Amazon Managed Blockchain, a service that enables users to create and manage scalable blockchain networks. The service will allow customers to quickly setup … Read Full Story The post Bitcoin Daily: Amazon Blockchain Service Expands; Cybercriminals Steal $356M In Crypto In Q1 appeared first on ForexTV.

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

By CCN.com: Forty percent of senior finance executives expect their firms to invest in blockchain technology over the next two years, according to a recent survey by audit firm Grant Thornton LLP. That’s in addition to the 22 percent who report their firms have already implemented the technology. This marks a dramatic change from only a year ago, when blockchain was more talked about than practiced, according to Chris Stephenson, Business Consulting principal at Grant Thornton LLP and author of the report. In its 2019 CFO Survey, Grant Thornton along with partner CFO Research surveyed 378 senior finance executives in The post Blockchain Hype Turns to Mainstream Adoption in Multi-Billion Dollar Corporations: Study appeared first on CCN

What Is Editional? Editional is the world’s first Ethereum-based mobile application focused on the creation and discovery of unique digital collectibles. The application seeks to make blockchain collectibles more accessible by enabling users to claim, create, trade and store their unique collectibles online in a fast, secure, and efficient manner. Additionally, Editional aims at unlocking […]

The LSE recently invested in Nivaura, a start-up that claims to have issued the world’s first automated cryptocurrency-denominated bond.

In the United States, Washington state just signed a bill into effect that will recognize and protect the legal status of electronic records connected to distributed ledgers, like blockchains. This bill was signed by Governor Jay Inslee April 26.

Washington state has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers. The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26. The original version of the bill had its first reading by the Washington state legislature on January 25, 2019. The bill has now passed with 96–1 and will go into effect in late July. The new law has a clause which prevents discriminating against electronic records which have in some way been part of a distributed ledger: “An electronic record may not be denied legal effect, validity, or enforceability solely because it is generated, communicated, received, or stored using distributed ledger technology.” The bill also provides legal…

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Cryptocurrency investment and funding platform SportyCo, won’t be buying English Championship football club Hull City AFC after all.

Bank of America Wary of Crypto Transactions, Believes “It May be Desirable to Calculate Risk” On Tuesday, April 30, 2019, the Bank of America filed for a patent that would allow the financial institution to detect potential risks of conducting a crypto transaction reports AMBCrypto. The patent, which was applied with the United States Patent […]

Canada’s ‘big 5’ banks take a big step forward in modernizing identity verification, by introducing a blockchain-based user identification system.

Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC. Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC, the Next Web reported on May 1. Sources familiar with the matter reportedly told the Next Web that the deal price appeared to be too high when disclosed to investors supporting SportyCo’s bid. Sources reportedly said that the price was “higher than the real market valuation.” Last October, sports-focused media outlet SportsPro reported that SportyCo partnered with the Hull City Supporters Trust (HCST), an organization founded to represent fans and strengthen the link between the club and the local community it serves, to launch a £45 million ($58.8 million) bid to buy the club. However, Geoff Bielby, chairman of HCST, reportedly told the Next Web that the organization’s involvement in the bid was misunderstood…

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The Depository Trust and Clearing Corporation (DTCC) – a post-trade financial services company that maintains a master record for… The post $48T Master Giant DTCC Makes Final Preparations For Its Own Blockchain Launch appeared first on Invest In Blockchain.

The benefits blockchain technologies present are quickly being realized by enterprises across an array of industries, especially those involved… The post Nestle, Walmart, Unilever, Kroger Might Be First Grocery Giants To Fully Use Blockchain Tech by 2025, Says Gartner Reports appeared first on Invest In Blockchain.

World No.1 Blockchain game publishing platform MixMarvel completed news conference successfully in Seoul, South Korea. The event was taken place at 7 PM on April 30th, giving those interested in the blockchain game the chance to meet the team behind it. MixMarvel partners from all around the globe gathered in Seoul to join the event, with a boast able attendee of more than 500. On the spot, MixMarvel invited the audiences to witness the achievements it has accumulated during past few years, and shared its future endeavors, and unveiled the exciting news of the upcoming MixMarvel platform by featuring several The post World No.1 Blockchain Game Publishing Platform Mixmarvel Held News Conference Successful in South Korea appeared first on CCN

According to rumors, electronics giant, Samsung is considering developing its own Blockchain, accompanied by its own token. The new token will be on the Ethereum blockchain and later converted into its own blockchain, while the new blockchain could possibly be a fork of Ethereum. CoinDesk Korea first reported that Samsung plans to launch its own blockchain, which would be based on Ethereum. The new token, which has been popularized as “Samsung Coin”, would be used for Samsung’s public-private blockchain. According to anonymous reports, “Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains. The market expects Samsung Coin to come out, but the direction has not yet been decided.” Samsung itself has been tight-lipped on the subject. But the recent announcements…

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Redwood City, CALIF. / May, 2019 / BitBounce, a blockchain spam and email-access solutions provider, is launching a second token sale after raising 31,595.3015 ethereum (ETH) in 2017. The Credo presale will begin on May 8, 2019 while the main sale will begin on June 19. “This sale will provide the resources for us to continue to build BitBounce, BitBounce Ads, CredoEx, the Credo Blockchain, as well as develop our intellectual property, grow the team, and more” says Stewart Dennis, Co-Founder and Chief Executive Officer. “We are raising growth capital in a second round of an incremental series of token sales. It gives participants a number of opportunities to acquire a stake in a gradually de-risked and increasingly valuable project.” Interested parties can fill this form for whitelist registration. Email Paywall and Crypto Revenue The 2017 initial coin offering (ICO) raised $11.3 million, and received support from Silicon Valley venture…

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Five Canadian banks will employ a blockchain-based user identification system developed by tech startup SecureKey Technologies. Five Canadian banks will be employing a blockchain-based user identification system developed by tech startup SecureKey Technologies, Bloomberg reports on May 1. Per the report, the Verified.Me digital identity system is now available to clients of the Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Canadian Imperial Bank of Commerce and Desjardins Group. The service will soon be available to users of the services provided by the Bank of Montreal and National Bank of Canada as well, while Sun Life Financial will reportedly be the first North American insurer to use the system. Bloomberg quotes SecureKey CEO Greg Wolfond as stating that he expects the service to be used by consumers to prove their identity to access and open bank accounts, as well as government services, by the end of 2019. He…

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The plans significantly overtake pledged funding from the incumbent government, which has shown itself to be skeptical of the technology. Australia’s main opposition party would inject $3 million AUD ($2.1 million) into blockchain technology should it win next month’s federal election, tech news magazine ZDNet reported on May 1. Under plans previously outlined as part of its election pledges, the Australian Labor Party said it would divert the funds to set up a dedicated Blockchain Academy in the western city of Perth. “The Liberal government has failed to tackle major tech skills shortages that are holding back Australian businesses,” the publication quotes Shadow Minister for the Digital Economy, Ed Husic, as saying. He adds: “Labor wants to address this, investing in Australians to develop job skills that are in high demand now and into the future.” The current mood on blockchain among Australia’s government is mixed. While last month saw…

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Amazon Web Services has taken its Managed Blockchain service out of preview mode, meaning more firms can now use the platform to build products.

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