Tagged: distributed ledger technology

May 3, 2020 @ 5:50 pm By Omar Faridi  |  

CoinList, a platform for digital asset firms to conduct their crypto token sales, has announced the launch of CoinList Seed, which is an online or virtual demo day for early-stage blockchain companies that helps them network with the global investor community available on the CoinList… Read More

May 2, 2020 @ 9:31 pm By Omar Faridi  |  

Block.one, a Cayman Islands-registered software company that developed EOS, one of the largest blockchain-based platforms for building decentralized applications (dApps), has been working on a new social media platform, called Voice. Voice has been developed using the EOS protocol and it aims to reward content… Read More

May 2, 2020 @ 5:06 pm By Omar Faridi  |  

A recent study published by VC firm, MMC Ventures, reveals that the United Kingdom’s blockchain or distributed ledger technology (DLT)-focused companies are increasingly turning to traditional fundraising options and strategies. The study confirmed that the initial coin offerings (ICO) model for securing capital has become… Read More

May 1, 2020 @ 8:30 am By Omar Faridi  |  

American Fintech Ripple’s On-Demand Liquidity (ODL) payments network has reportedly managed to triple its transaction volumes during Q1 2020. San Francisco-based Ripple’s XRP Markets Report confirms that the dollar value transacted using the company’s ODL service grew by over 294%, which may be a positive… Read More

May 1, 2020 @ 2:08 am By Omar Faridi  |  

Tencent Holdings Ltd., a Chinese multinational conglomerate holding company whose subsidiaries offer various Internet-related products and services, has introduced a blockchain accelerator program. Tencent, which is among the world’s most valuable companies and also one of the largest VC firms and investment corporations, says it… Read More

April 30, 2020 @ 2:29 pm By Omar Faridi  |  

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

April 29, 2020 @ 8:10 am By Omar Faridi  |  

FIS (NYSE:FIS), a financial services technology provider, revealed on April 28, 2020 that its newly formed corporate venture investment division, FIS Ventures, has introduced an initiative that will aim to invest $150 million in high-potential Fintech firms in the coming years. FIS is a publicly-traded… Read More

April 29, 2020 @ 7:40 am By Omar Faridi  |  

The US Department of Transportation recently revealed its plans to use blockchain or distributed ledger technology (DLT) when working with drones. The agency, which is a federal Cabinet department of the US government concerned with transportation (established by an act of Congress on October 15,… Read More

April 27, 2020 @ 11:14 pm By Omar Faridi  |  

Storj, a decentralized data storage network, has introduced a program that offers free cloud storage space to organizations taking part in Coronavirus (COVID-19) research. Storj’s program has been launched after contributions were made by blockchain industry participants toward the decentralized scientific research network, Folding@Home. The… Read More

April 26, 2020 @ 10:38 pm By Omar Faridi  |  

California-based Dole Food Company, an agricultural multinational corporation, has introduced a five-year plan to integrate blockchain or distributed ledger technology (DLT) for managing supply chain processes. Dole Food Company is the largest producer of fruits and vegetables in the world. The agribusiness company generated over… Read More

April 25, 2020 @ 8:00 pm By Omar Faridi  |  

Rajashekara Visweswara Maiya, vice president and head of business consulting, cloud and blockchain efforts at Finacle, the developer of a financial software system used by large banks across the globe (serving over 1 billion people), recently shared his views and insights with Crowdfund Insider. Finacle… Read More

April 23, 2020 @ 10:47 pm By Omar Faridi  |  

Crypto and blockchain or distributed ledger tech (DLT) firms have been developing solutions to help people cope with the deadly Coronavirus (COVID-19) outbreak. Several crypto and Fintech firms and organizations have launched charitable initiatives in order to provide financial relief and other types of assistance… Read More

April 23, 2020 @ 1:03 pm By Omar Faridi  |  

The Coupon Bureau (TCB), a non-profit, industry managed coupon data exchange technology provider, will be using the Hedera Hashgraph Service, developed by Hedera Hashgraph, a decentralized public network, in order to provide a real-time, “tamper-proof” log for all coupon events that take place on its… Read More

April 23, 2020 @ 2:37 am By Omar Faridi  |  

UK-based Applied Blockchain, an enterprise-grade blockchain or distributed ledger tech (DLT) solutions provider, has secured £2 million (appr. $2.5 million) in capital through a new funding round. The company’s investment round was led by QBN Capital, a Hong Kong-headquartered venture capital company. Applied Blockchain’s management… Read More

April 23, 2020 @ 1:30 am By Omar Faridi  |  

Over 70 Chinese financial services companies, including all state-managed banking institutions and the nation’s largest technology firms, are currently using some type of blockchain or distributed ledger technology (DLT)-enabled financial applications. This, according to the Industrial and Commercial Bank of China (ICBC), a multinational Chinese… Read More

April 21, 2020 @ 7:56 pm By Omar Faridi  |  

Heifer International, a nonprofit entity that aims to address issues related to global hunger and poverty, is the most recent organization to join the Facebook-led Libra Association. Heifer claims that the Libra stablecoin and payment system (under development) could help low-income farmers gain access to… Read More

April 21, 2020 @ 9:34 am By Omar Faridi  |  

EOS Ecosystem, a digital wallet app that claims to offer high returns to users who deposit EOS tokens on its platform, has reportedly shut down its software. The developers of EOS Ecosystem seem to have run away with around $52 million worth of user funds…. Read More

April 20, 2020 @ 11:26 pm By Omar Faridi  |  

Filecoin, a highly-anticipated decentralized storage network (under development), announced that there will be more delays before its mainnet can be officially launched. Filecoin’s developers have postponed the release date for their mainnet to between late July and late August 2020. As mentioned in a recent… Read More

April 20, 2020 @ 11:16 pm By Omar Faridi  |  

Curv, a company that provides crypto asset custody services to institutional investors, has established a business office in the Asia-Pacific (APAC) area. The office has been set up through a partnership with Crypto Garage, a firm that offers various financial instruments based on Bitcoin (BTC)… Read More

April 19, 2020 @ 10:22 pm By Omar Faridi  |  

Voice, a blockchain-based social media network being developed by Block.one, a leading distributed ledger technology (DLT) software developer, is planning to hire several technical professionals. Voice, which was announced in mid-2019 by Brendan Blumer, the CEO at Block.one, a Cayman Islands-registered firm that also developed… Read More