Tagged: blockchain

March 30, 2020 @ 9:27 am By Samantha Hurst  |  

Singapore-based global cryptocurrency exchange KuCoin recently announced the launch of its new project “Project Pinocchio” together with 21 blockchain institutions from around the world. KuCoin describes Project Pinocchio as a neutral and credible alert platform for less trustworthy projects in the cryptocurrency industry. The platform… Read More

March 27, 2020 @ 3:26 pm By Samantha Hurst  |  

GrainChain, a U.S.-based agricultural transaction platform with blockchain and IoT-powered solutions, recently announced it plans to globally expand and scale its operations by moving to the enterprise blockchain platform, Assembly, which is operated by Symbiont, an enterprise fintech creating the next generation of financial markets… Read More

March 16, 2020 @ 2:03 pm By Samantha Hurst  |  

Aurus, a UK-based fintech, scored a €1 million investment from Dubai-based venture capital Silver Rock Group for its gold-back token project. Founded in 2017, Aurus describes itself as a marketplace for crypto-currencies that represent shared ownership of physical assets. The company noted that together with… Read More

March 3, 2020 @ 10:30 am By Samantha Hurst  |  

NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, announced on Tuesday the launch of its NEM Ignite Incubator Programme to provide mentoring and financial support for early-stage blockchain projects.  According to NEM Ventures, NEM Ignite will help cultivate the growth… Read More

March 1, 2020 @ 1:32 pm By Omar Faridi  |  

The International Monetary Fund (IMF), an international organization based in Washington, D.C., consisting of 189 different countries that aim to improve monetary cooperation worldwide, maintain financial stability, and facilitate global trade, acknowledged that Fintech has become a part of everyday life in Malaysia. The IMF… Read More

February 20, 2020 @ 10:26 pm By Samantha Hurst  |  

HubrisOne, Fintech in the digital asset sector, has successfully secured its latest equity crowdfunding campaign’s £900,000 funding target during the final days on Seedrs. The funding round was launched in December and is currently offering 9.99% in equity at an £8,108,379 pre-money valuation. Founded in… Read More

February 16, 2020 @ 10:20 pm By Samantha Hurst  |  

FC Barcelona announced last week it signed a new global partnership agreement with a blockchain-based fan engagement platform for sports and entertainment, Chiliz. According to FC Barcelona, the agreement is part of Barça’s new digital and commercial strategy and will help the Club stay closer… Read More

February 11, 2020 @ 8:29 am By Samantha Hurst  |  

Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Tuesday cryptocurrency exchange Huobi is joining the Klaytn Governance Council. With Huobi onboard, the Klaytn Governance Council currently has 28 enterprises, which includes LG Electronics, Union Bank of the Philippines, and… Read More

February 10, 2020 @ 12:06 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Monday it is expanding its global presence with new custodial entities in Switzerland and Germany. According to BitGo,  BitGo’s Swiss entity BitGo GmbH is a member of the Financial Services Standards Association (VQF), supervised by the Swiss Financial Market… Read More

January 29, 2020 @ 2:18 am By Omar Faridi  |  

Urgent action is required in order to address a serious skills and talent shortage in the United Kingdom’s financial services sector, an independent review commissioned by HM Revenue has revealed. The review has issued a warning to industry participants stating that the UK’s financial sector… Read More

January 28, 2020 @ 8:33 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Tuesday it has made an investment in Contour, a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs). … Read More

January 22, 2020 @ 2:55 pm By Samantha Hurst  |  

Incognito and encrypted DNA extraction kit brand, Genobank.io, has launched a crowdfunding campaign on Republic. The company successfully raised its minimum $100,000 funding target. Founded in 2014, Genobank.io’s kits notably enable users to establish ownership & control of their genomic data using a decentralized blockchain-based… Read More

January 19, 2020 @ 10:52 pm By Samantha Hurst  |  

Kadena, both a public and permissioned blockchain platform, announced last week the full launch of its public blockchain. Kadena claimed that its public blockchain is first to market as a sharded Proof of Work Layer 1 network. “Following the start of genesis mining in October… Read More

January 8, 2020 @ 1:45 pm By Samantha Hurst  |  

Port of Salalah, one of Oman’s largest seaports, has reportedly joined the blockchain-enabled digital shipping solutions platform, TradeLens. As previously reported, the solution was notably developed by IBM and Maersk to apply the blockchain global supply chain. “TradeLens uses IBM Blockchain technology as the foundation… Read More

January 5, 2020 @ 7:23 pm By Omar Faridi  |  

Fininbox, an established banking software-as-a-service (SaaS) provider, has identified three main Fintech trends or developments that helped shape the financial technology industry last year. According to Fininbox, the three trends are: artificial intelligence (AI) became increasingly important among Fintech firms, a large number of traditional… Read More

December 20, 2019 @ 10:00 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Friday it secured $200 million through its Series C funding round, which was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Founded in 2012, Ripple claims it provides one frictionless… Read More

December 6, 2019 @ 10:29 pm By Samantha Hurst  |  

SIBEX, the developer of the peer to peer protocol that creates new arbitrage opportunities for institutional traders while eliminating the issues that exist with current OTC markets, announced on Friday it has partnered with Paxos to distribute PAX Gold, an asset-backed digital token.  “Recognizing that… Read More

December 5, 2019 @ 10:25 pm By Samantha Hurst  |  

SpaceChain, a Singapore-based blockchain community platform, announced on Thursday it has sent its blockchain hardware wallet technology to the International Space Station. The company claims that its tech is considered the first technology demonstration of blockchain hardware on the space station and will be installed… Read More

November 10, 2019 @ 9:44 pm By Samantha Hurst  |  

Singapore-based Pundi X announced this weekend it has signed a Memorandum of Understanding (MoU) with artificial intelligence firm Borghese Ventures to explore the implementation of blockchain technology for private and public sectors based in Cyprus. Pundi X reported that with the MoU it and Borghese Ventures will… Read More

October 20, 2019 @ 3:04 pm By Omar Faridi  |  

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More