Tagged: dlt

May 28, 2020 @ 9:00 am By Omar Faridi  |  

Block.one, a Cayman Islands-registered open-source software publisher that developed EOS, one of the largest platforms for building decentralized applications (dApps), has reportedly awarded a $50,000 grant to each of the 34 promising or high-potential startups. These tech companies are part of a global entrepreneurship program… Read More

May 28, 2020 @ 12:27 am By Omar Faridi  |  

The French competition authority (ADC) has launched a public consultation on the Fintech industry in the country. The ADC is looking for feedback on the potential role of large digital platforms in the payments sector. It’s also seeking input regarding  new payment service providers and… Read More

May 27, 2020 @ 9:54 pm By Omar Faridi  |  

Telos, one of the most active blockchains or distributed ledger technology (DLT)-based platforms according to Blocktivity data, revealed on May 26, 2020, that Transledger will be using its blockchain network to perform cross-chain transactions in a fast and secure manner. As mentioned in a press… Read More

May 25, 2020 @ 5:38 pm By Omar Faridi  |  

  Nobody really knows when Bitcoin (BTC) and other cryptocurrencies will be “vulnerable” to the threat from quantum computers, according to most experts in the field. Twitter and other social media users have been warning and reminding people that we should stay informed about the… Read More

May 25, 2020 @ 4:25 pm By Omar Faridi  |  

  We recently caught up with Jonah Schulman, the Head of Marketing at Security Token Market, a US-based company focused on a listing website for Security Token Offerings (STOs) from all over the world. The firm’s STO listings include basic information about the company and… Read More

May 25, 2020 @ 11:44 am By Omar Faridi  |  

The National People’s Congress (NPC), China’s parliament and the Chinese People’s Political Consultative Conference recently began conducting their annual sessions. Both government bodies are considered the most powerful or influential political groups in the country. These meetings are commonly referred to as the “Two Sessions”… Read More

May 24, 2020 @ 10:48 pm By Omar Faridi  |  

  Ethereum-based anonymization protocol, Tornado.cash, has introduced “completely immutable”smart contracts, which developers claim will make the protocol “unstoppable.” Although the initiative’s developers boldly claim that Tornado.cash is committed to supporting  immutability and the “code is law” principle, Ethereum (ETH) ecosystem developers and community members have… Read More

May 23, 2020 @ 9:13 pm By Omar Faridi  |  

  The Suseong University in South Korea will be working with the Korea Artificial Intelligence Association (KORAIA), in order to establish a blockchain or distributed ledger technology (DLT) and AI-focused campus in Daegu, a city located in the country’s North Gyeongsang province. Local media outlet… Read More

May 23, 2020 @ 8:06 pm By Omar Faridi  |  

New York-based Vision Hill Cryptocurrency Hedge Fund, a full-service digital asset management and solutions company, recently released its Q1 2020 returns reports. As noted by the firm, its active crypto indices are “non-investable” reference indices that have been designed to be “representative of the overall… Read More

May 23, 2020 @ 2:54 pm By Omar Faridi  |  

We recently talked to Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio based in New York. Before joining ConsenSys, Sokolin was the Global Director of Fintech Strategy at Autonomous Research, a firm that was eventually acquired by… Read More

May 23, 2020 @ 1:05 pm By Omar Faridi  |  

New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More

May 22, 2020 @ 1:30 pm By Omar Faridi  |  

Connie Gallippi, founder and Executive Director at BitGive, recently shared her views and insights with Crowdfund Insider. BitGive is a non-profit organization that aims to bridge the gap between practical philanthropic solutions for nonprofit and humanitarian work globally made possible through emerging blockchain technology. Established… Read More

May 22, 2020 @ 10:43 am By Omar Faridi  |  

New York-based tech giant IBM (NYSE:IBM) has acquired a 7% stake in we.trade, a blockchain-enabled trade finance platform that’s owned by 12 major banking institutions. Launched by nine banks back in January 2017 under the name, Digital Trade Chain, the platform was renamed as we.trade… Read More

May 21, 2020 @ 10:33 pm By Omar Faridi  |  

IOHK (Input/Output Hong Kong), a research and development (R&D) firm focused on bringing innovation via blockchain and cryptocurrencies, has confirmed that it will be joining the Hyperledger initiative and W3C. Hyperledger is an open-source project focused on blockchain or distributed ledger technology (DLT) development. It… Read More

May 21, 2020 @ 5:51 pm By Omar Faridi  |  

Argentina-based Fintech firm Koibanx has maintained operations in the Latin American region, well before the COVID-19 outbreak led to major changes in the daily lives of the area’s residents. Despite the economic challenges associated with expanding a business during these difficult times, Koibanx is planning… Read More

May 20, 2020 @ 11:33 pm By Omar Faridi  |  

  South Korea’s Fintech sandbox program has reportedly acquired $111 million in funding. The initiative is expected to create 380 new jobs, locally. South Korean officials confirmed that the financial technology regulatory sandbox had secured KRW 136.4 billion in capital, and that they’re expecting the… Read More

May 20, 2020 @ 10:57 pm By Omar Faridi  |  

Leading Chinese digital bank, WeBank, has teamed up with OpenNodes, a distributed ledger technology (DLT) platform developed by the Singapore-based Infocomm Media Development Authority, a statutory board of the nation’s government, under the Ministry of Communications and Information. WeBank will provide the FISCO BCOS blockchain-enabled… Read More

May 20, 2020 @ 9:16 am By Omar Faridi  |  

The developers of AVA, a platform that aims to democratize capital markets while bridging or connecting all distributed ledger technology (DLT) platforms together into a single interoperable ecosystem, have awarded the first class of grants through their project accelerator program, AVA-X. As noted in a… Read More

May 19, 2020 @ 11:45 pm By Omar Faridi  |  

Smart contract security firm Chainlink and blockchain startup Kadena are working cooperatively to integrate Chainlink’s decentralized oracle network to Kadena’s layer-1 proof-of-work (PoW)-based public blockchain network. Enterprises and business owners working with Kadena will be able to use Chainlink oracles to write end-to-end Pact smart… Read More

May 19, 2020 @ 3:01 pm By Omar Faridi  |  

Leading multinational digital asset exchange Binance has reportedly registered a new domain name with the government in China. Public records show that the Chinese Ministry of Industry and Information Technology has approved Binance’s requested domain name (binance.cn). The approval was granted in April 2020. Records… Read More