Tagged: distributed ledger technology

AI and Machine Learning Network Fetch.ai to Launch Incentivized Testnet Program on October 22, 2020

AI and machine learning network Fetch.ai is inviting developers and software testers to take part in its incentivized testnet program – which will be launching next week on October 22, 2020. The Fetch.ai team noted that their goal is to develop the infrastructure needed for… Read More

Global Internet of Things or IoT Security Market to Reach $22 Billion+ Valuation by 2027, Largely Due to Blockchain Adoption

The global internet of things (IoT) security market is expected to be valued at around $20.77 billion by 2027, which means that it’s expanding at a very significant compounded annual growth rate  (CAGR) of 32.3 %. As noted in a release, the rise in the… Read More

DeFi Protocol MANTRA DAO Partners MATIC Network, an Ethereum Layer-2 Blockchain Scalability Solution Provider

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has partnered with MATIC Network, a blockchain scalability platform which offers the ability to conduct secure and instant transactions. The… Read More

Greater Boston based PAYMYNT Financial, a Mobile Commerce and Financial Growth App Provider, Secures $1.1 Million in Seed Funding

Greater Boston based PAYMYNT Financial, a mobile commerce and financial growth app provider, has secured $1.1 million in capital through its seed funding round. PAYMYNT’s management notes that many consumers are now making purchases via e-commerce platforms. They believe that it’s an ideal time to… Read More

Chainalysis Expands Washington DC Operations, Hires New Legal Affairs Chief, Other Key Appointments, Reports Signficant Revenue Growth

Washington DC Capitol

Chainalysis, a leading blockchain analysis firm, has revealed that it managed to grow its revenue 100% year-over-year. The New York-based firm says it’s now preparing for an expected surge in private sector business. Chainalysis claims that it has managed to grow its customer base by… Read More

AI, Big Data, and Blockchain Firm Bianjie Partners Wuhan Run He De Kang to Implement DLT Solution for Fighting COVID-19

Bianjie and the Wuhan Run He De Kang (RHDK) have partnered to implement a blockchain or distributed ledger technology (DLT) enabled Epidemic Early Warning System, in order to help in the fight against Covid-19. As mentioned in the announcement, Wuhan RHDK is a healthcare-focused, Big… Read More

Mettalex, a “Decentralized” Crypto and Commodities Derivatives Exchange, Claims its Product Solves Pain Points Related to FCA Derivatives Ban

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). Mettalex had stated in August that it would be working with a consortium of steel… Read More

VeChain Confirms it’s Engaged in Fight Against COVID-19, has Partnered with Sam’s Club in China to Launch DLT based Traceability Solution

VeChain, the developer of blockchain-based solutions for enhancing supply chain management processes (among other use cases), has published its Financial Executive Report. VeChain says that it regularly releases its comprehensive financial report to promote greater “transparency, openness, and fairness.” The VeChain team noted that its… Read More

IRISnet Joins Polkadot, Tezos, Algorand, Ethereum, Cosmos to Work on China’s BSN Open Permissioned Blockchain Initiative

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, has published its monthly report – which goes over the platform’s main community and technical updates. Daniela Pavin from IRISnet notes that in September 2020, Harriet Cao, the co-founder at IRISnet,… Read More

Blockchain Platform Cardano’s Marlowe Language May be Used to Write Financial Contracts Supporting P2P Lending, Other Use Cases

The team at IOHK, an organization supporting the development of Cardano (ADA), a blockchain-based platform for creating decentralized applications (dApps), have introduced Marlowe, which serves as a new programming language for writing financial contracts. As noted in a blog post published on the IOHK website,… Read More

Block.one Hires Former Goldman Sachs Executive, while Google Cloud Prepares to Become an EOS Network Block Producer

EOS.io on iPhone

Block.one, the company behind the development of EOS, a major blockchain platform for developing decentralized applications (dApps), will be working cooperatively with the Google Cloud team. Google Cloud is a global hyper-scale cloud and infrastructure provider. According to a release, Google Cloud will be joining… Read More

Kyber Network Introduces The Sandbox, a Virtual World Created on the Ethereum (ETH) Blockchain

The developers at Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, have announced the launch of The Sandbox – which will be running an Automated Price Reserve for the SAND token on the Kyber Network,… Read More

Qtum Founder Patrick Dai Confirms that Blockchain Platform’s Developers are Working to Increase Network Speed for DeFi Apps

The developers of Qtum (QTUM), a platform for creating decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), have confirmed that the month of September 2020 continued… Read More

Ava Labs Introduces Grant Recipients for Avalanche-X, an Accelerator for Devs Building DeFi Solutions

Ava Labs, an organization focused on building Avalanche so that the platform can empower people to create “an open, simple, and democratic internet of finance,” has introduced the newest class of grant recipients for Avalanche-X, which is an accelerator program for blockchain developers focused on… Read More

Joel Edgerton from Digital Asset Exchange bitFlyer Says Charges Brought Against BitMEX Show Crypto Falling Under Current Regulations

Joel Edgerton, COO at bitFlyer, a crypto-asset exchange that’s licensed to operate in Japan, the United States, and Europe, recently shared his views about the court case and charges brought against the Bitcoin Mercantile Exchange (BitMEX), a leading digital asset derivatives exchange. Edgerton also shared… Read More

Fintech Is Playing a Key Role in the Growth of a Sustainable, Global Financial System, Ripple Exec Says

Monica (Appelbe) Long, SVP of Marketing at American Fintech Ripple, says that we’re all in the midst of a global climate crisis—”one that is impossible to ignore.” Long confirms that efforts are being made by many countries to “avert the worst-case climate scenarios.” Organizations and… Read More

Quantum Resistant Ledger Team Performs Proof of Stake Updates, Says “Massive Advances” were Recently Made in Quantum Computing

The team at Quantum Resistant Ledger (QRL), which claims to be the “first-of-its-kind,” post-quantum value store and “decentralized” communication layer that’s proactively tackling the threat from quantum computers, has confirmed that x41 D-Sec has started their audit of project enQlave, which is an Ethereum (ETH)… Read More

Bulgaria’s Propy, a Blockchain based Real Estate Investment Platform, Secures Investments from Tim Draper, Other Angel Investors

Propy, the US-Bulgarian blockchain-based platform for conducting real estate transactions, has reportedly received an investment from Tim Draper, the legendary venture capitalist who has launched and supported many successful businesses during his extensive career. Propy, which had conducted an initial coin offering (ICO) to raise… Read More

AI and Machine Learning Network Fetch.ai Launches its Random Number Beacon on Binance Smart Chain

AI and machine learning network Fetch.ai confirmed on October 1, 2020, that it’s launching its Random Number Beacon on Binance Smart Chain, which is a blockchain-based network launched by Binance, the world’s largest digital asset exchange. As mentioned in a blog post by Fetch.ai: “Utilizing… Read More

DeFi Platform Wing has been Offering Competitive Returns on Lending Ethereum, USDT, Dai, and USDC Stablecoins

Wing, a credit-based cross-chain (decentralized finance) DeFi platform developed on the Ontology blockchain, was launched in September 2020. The platform has helped with laying the foundation or groundwork for building solutions to support the growth of Ontology’s DeFi ecosystem. The Ontology team claims that the… Read More

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