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Decentralized Crypto-Betting Platform Betmatch Raises the Bar

July 19, 2019 by Guest Post at Blockchain, Press Releases

People have been making bets since the earliest of times. In Ancient Greece, spectators used to bet on the Olympics’ participants, while in Ancient Rome - Romans used to bet on gladiators and chariot racers. Back then, people placed bets by agreeing with each other. Bookmaking as a business originated...

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World Economic Forum Report Evaluates the Value of Blockchain

July 17, 2019 by Edoardo Vecchio at Blockchain

The World Economic Forum's (WEF's) latest report, published July 16, 2019, aims to provide businesses, governments, and other organizations with a blockchain value framework to help them build out a business case for blockchain investment, and evaluate whether it is worth it or not. The Report In collaboration with the...

Polkadot Launches Kusama: An Experimental Research and Development Network

July 17, 2019 by Ashwath Balakrishnan at Blockchain

On July 16, 2019, Polkadot announced the release of Kusama, a community-driven experimental network that allows teams and developers to deploy their parachains and get a feel for the radically new governance mechanisms that Polkadot offers. An explicit warning from the team to users is that this is not a...

Binance Chain Galileo Upgrade Brings a Slew of New Features

July 16, 2019 by Aisshwarya Tiwari at Blockchain

In a blog post published on July 15, 2019, cryptocurrency exchange Binance announced that it had upgraded its in-house blockchain – Binance Chain – to its mainnet. Enter Galileo, What's New? Launched in April 2019, Binance’s distributed ledger network – Binance Chain – has been upgraded to its mainnet version...

South Korean Credit Card Company Launch First Transaction Service Using Blockchain

July 16, 2019 by Edoardo Vecchio at Blockchain

According to a post released by The Korea Times on July 15, 2019, Shinhan Card Co. Ltd., global top-five credit card company in South Korea, obtained a patent for a blockchain-based payment system. It will be the first company in the world to have established a credit transaction service using...

South Korea’s Got Blockchain in its Seoul

Consortium of Korea’s Major Tech Companies and Banks to Launch Mobile Digital Identity

July 15, 2019 by Ashwath Balakrishnan at Blockchain

A group of tech companies, telecoms, and major South Korean banks, led by Samsung, are launching a blockchain-powered digital identity platform to resolve a few critical vulnerabilities found in current online certificates used for sharing personal data, as per a press release. Digital identity continues to be one of the...

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BlocKit: A Kit to Bring Blockchain into the Physical World

July 13, 2019 by Edoardo Vecchio at Blockchain

According to a news released on July 10, 2019, scientists from Lancaster University teamed up with Malaysian scholars to develop a physical representation of the blockchain to help people comprehend how the technology works and discover new potential applications. Blockchain Made Easy A team of computer scientists from Lancaster University, the...

Former UBS Chief Says Blockchain Technology is Beneficial to the Financial Sector

Outlier Ventures: Blockchain Fundamentals and Market Growth have Never Been Stronger

July 12, 2019 by Ashwath Balakrishnan at Blockchain

In a report by Outlier Ventures head of research, Lawrence Lundy, the VC firm confirmed that data points signal a huge boom in crypto, and despite price lagging behind the market has never been stronger. The report looks at the whole ecosystem from an enterprise, consumer, and regulators perspective, July...

Energy Focused Blockchain Company Receives Investment from Shell Ventures and Sumitomo Corporation

July 11, 2019 by Edoardo Vecchio at Blockchain

According to an announcement made on July 10, 2019, American energy-focused blockchain firm LO3 Energy has raised investments from Shell and Sumitomo Corporation for the commercialization of a blockchain-based community energy platform. LO3 is Looks to Scale Brooklyn firm LO3 Energy, a fast-growing company with deep roots in energy, finance,...

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Visa and Blockchain Capital Lead $40 Million Round in Anchorage

July 11, 2019 by Ashwath Balakrishnan at Blockchain

Payment processor Visa along with specialist VC firm Blockchain Capital helped Anchorage, an institutional custodial service, raise nearly $40 million in capital at an undisclosed valuation. Visa recently launched a cross border remittance network with a pseudo-distributed ledger. This move shows their optimism that more institutions will look to gain...

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