#blockchain

Startup Raises $1.5 Million in World’s First-Ever Blockchain-based IPO

December 6, 2019 by Osato Avan-Nomayo at News

In another first for decentralized technology utilization, EU-Startups reports that Greyp has raised more than $1.5 million from investors in the world’s first-ever blockchain-based initial public offering (IPO). The news marks yet another milestone for blockchain technology penetration in the global financial market. Neufund Closes $1.5 Million Blockchain-based IPO According...

Second Layer Ethereum Scaling Solution ZK Sync Launched to Rival Visa

December 6, 2019 by Ashwath Balakrishnan at Ethereum

Layer two scaling solutions have been accepted as the way forward by blockchain developers at large. Putting decentralization at risk by attempting to scale the base layer is a trade-off that doesn't make sense for this technology. ZK Sync will enable privacy and scalability by adopting Ethereum's security, the scalability...

Hand Shake Between Green Block nd Blue Block People

Sri Lanka’s Central Bank Considering Blockchain for Shared KYC Database

December 3, 2019 by Ashwath Balakrishnan at Blockchain

In a surprising announcement, the Sri Lankan central bank has made a public appeal for developers who can help build a proof of concept blockchain for a KYC system to be used across the country's financial institutions. The government believes this can help the financial sector tackle several inefficiencies that...

Japan Looks to Curb Certificate Forgery with Blockchain Technology

December 3, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Muroran Institute of Technology (MuIT), a national university in Hokkaido, Japan, is collaborating with telecommunications giants, Nippon Telegraph (NTT) and Telephone West, to develop a distributed ledger technology (DLT) solution for verifying educational degrees and certificates, reports Nikkei on December 3, 2019. Japan Fighting Fake Degrees with Blockchain At a...

UnionBank, WWF, Streamr Launch DLT-based Fish Traceability Pilot

December 3, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Filipino arm of the World Wide Fund for Nature (WWF), UnionBank, the seventh-largest bank in the Philippines in terms of assets, and Streamr, a blockchain project that tokenizes streamable data, allowing users to trade digital content, are joining forces to develop Tracey, a distributed ledger technology (DLT) powered fish...

SoftBank Launched Debit Card With Built-In Blockchain Wallet

December 2, 2019 by Edoardo Vecchio at Blockchain

Japanese holding company SoftBank announced the introduction of a new debit card that includes a blockchain wallet, reports PRNewswire on December 1. The card includes an IoT chip and WiFi that allows you to activate the hot and cold wallet versions, a battery, programmability, and a small on-card display. Seamless Crypto...

Huobi China, China Telecom, Others Ally to Boost DLT Adoption

December 2, 2019 by Ogwu Osaemezu Emmanuel at News

The Chinese arm of leading cryptocurrency exchange, Huobi has joined forces with other highly reputed firms in China, including UnionPay, China Telecom, and others, to roll out the Blockchain Services Network (BSN), a consortium aimed at accelerating the growth of distributed ledger technology (DLT) in the country, reports FN.com on...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

KPMG’s New Blockchain Network Grants Producers a New Degree of Legitimacy

November 29, 2019 by Ashwath Balakrishnan at Blockchain

Consulting and auditing giant KPMG has announced the launch of KPMG Origins: a multi-purpose supply chain network for a wide variety of industries, ranging from food production to financial services for the Asia-Pacific region. Producers today are being held accountable for the sustainability practices they inculcate during the production lifecycle,...

Kakao’s Klaytn DLT Project holds First Meeting with Consortium Members

November 28, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Klaytn (KLAY), the blockchain project from the stables of South Korea’s messaging giant, Kakao, has selected 27 highly reputed firms that will make up its governing council and the consortium has successfully held its inaugural meeting. Consortium members will function as Klaytn node operators, while also partaking in the governance...

HSBC Ditches Paper-Based Model, Implements Native Blockchain for $20 Billion Private Securities Holdings

November 28, 2019 by Ashwath Balakrishnan at Blockchain

The securities custody arm of HSBC is migrating its private placements database from paper to its own native blockchain. This move, according to Reuters, will enable HSBC to give its customers across the globe consummate access to their private securities database, November 27, 2019. Nearly $20 billion worth of HSBC securities...

Pages: 1 2 3 4 5 6 7 8»