Tagged: dlt

February 25, 2020 @ 7:28 am By Omar Faridi  |  

San Francisco-based crypto-asset exchange Coinbase claims that EOS, one of the largest blockchain platforms for building decentralized applications (dApps), is experiencing serious technical issues. Coinbase’s management released a status update on February 20, noting that the EOS network has “degraded performance.” It added that  “sends… Read More

February 24, 2020 @ 9:07 pm By Omar Faridi  |  

Adrienne O’Keeffe, associate VP of partnerships at the National Basketball Association (NBA), and Sophie Gage, counsel at the National Football League (NFL) Player’s Association, recently took part in a panel discussion during which they talked about the potential value of blockchain or distributed ledger tech… Read More

February 21, 2020 @ 8:00 pm By Omar Faridi  |  

New York-headquartered tech giant IBM’s Indonesia division has confirmed that the nation’s Directorate General of Customs and Excise has begun using the blockchain or distributed ledger technology (DLT)-enabled shipping platform, called TradeLens. This news has come after months of platform development, with the country’s Customs… Read More

February 21, 2020 @ 9:04 am By Omar Faridi  |  

Credit Suisse Asset Management’s Fintech growth equity division has acquired NorthPoint Technology, an asset management software and services company. The financial terms of the deal have not been shared publicly. Credit Suisse’s Next Investors group purchased NorthPoint’s software suite and technology consulting business from the… Read More

February 21, 2020 @ 8:05 am By Omar Faridi  |  

Sweden has reportedly begun piloting an electronic version of its national currency, the krona. The European nation’s government says that the e-krona is a step closer to its official launch as a central bank digital currency (CBDC). The testing of the country’s CBDC will go… Read More

February 21, 2020 @ 12:25 am By Omar Faridi  |  

India’s residents will soon have the option to submit votes from outside their city of registration. The nation’s citizens will be able to use a blockchain-enabled platform to cast their votes. The Times of India reported on February 13 that Sunil Arora, the country’s chief… Read More

February 19, 2020 @ 9:15 am By Omar Faridi  |  

Cere Network revealed on February 18 that it has formed a strategic partnership with Harmony in order to secure personally identifiable information (PII) and link to a fragmented data economy by “co-innovating” with Harmony’s developers and their zero-knowledge proving (ZKP) system.  According to a press… Read More

February 19, 2020 @ 7:32 am By Omar Faridi  |  

Lition, the developer of a commercial blockchain network, confirmed on February 18 that tech giant Microsoft has integrated its distributed ledger technology (DLT)-based solution to its Azure cloud marketplace.   The integration with Microsoft’s Azure cloud platform notably makes Lition one of the few public (permissionless)… Read More

February 17, 2020 @ 8:27 am By Omar Faridi  |  

Dubai Multi Commodities Center (DMCC), an organization formed in 2002 by Dubai’s government to offer physical, market and financial infrastructure needed to establish a hub for global commodities trade, has committed to strategic membership agreement with Al Khaleej Sugar and Universa Blockchain.  According to the… Read More

February 15, 2020 @ 5:01 pm By Omar Faridi  |  

Blockstack PBC confirmed on January 29, 2020 that it has successfully completed its “Milestone II,” which reportedly unlocked $6.8 million in funding from its token offering (ICO), conducted in 2017. The Blockstack project developers claim they’ve now onboarded 1 million verified users, which is a… Read More

February 15, 2020 @ 9:21 am By Omar Faridi  |  

Input Output Hong Kong (IOHK), the main software firm behind the development of Cardano (ADA), one of the largest platforms for deploying decentralized applications in terms of market cap, confirmed on February 14, 2020 that it had donated $500,000 in ADA tokens to support the… Read More

February 14, 2020 @ 6:32 am By Omar Faridi  |  

The US Depository Trust and Clearing Corporation (DTCC), a major post-trade financial services firm offering clearing and settlement services to large capital markets, is considering establishing an industry consortium to formulate a joint strategy for dealing with security risks in the implementation of blockchain or… Read More

February 12, 2020 @ 2:58 pm By Omar Faridi  |  

Lending firm Figure Technologies is betting on an animated character, called “Blockchain,” which the firm is hoping will allow it to become more competitive against large financial institutions which currently control most of the businesses that the startup is planning to transform. As explained via… Read More

February 11, 2020 @ 2:03 am By Omar Faridi  |  

Michigan-based Neogen Corporation, a multinational food safety firm that offers test kits and various products to identify dangerous substances in food items, will be working with food industry blockchain firm Ripe Technology to track products on supply chains. Neogen and Ripe Technology aim to use… Read More

February 9, 2020 @ 1:28 pm By Omar Faridi  |  

​The ​​US Department of Education is backing the nation’s higher education association’s research efforts into and tests of emerging blockchain or distributed ledger technologies (DLT). The American Council on Education confirmed on February 6 that it has acquired funding from the US Department of Education,… Read More

February 9, 2020 @ 3:03 am By Omar Faridi  |  

Hedera Hashgraph, an enterprise-grade, public distributed ledger technology (DLT) platform, recently confirmed a strategic partnership with Armanino LLP, one of the largest accounting and business consulting companies in the United States. As noted in a press release shared with Crowdfund Insider, the partnership will allow… Read More

February 7, 2020 @ 5:09 pm By Omar Faridi  |  

The Pohang University of Science and Technology (POSTECH) in South Korea is planning to issue diplomas and certificates that are stored and managed on a blockchain-based platform. Due to the current coronavirus threat, the Korean university thinks it’s not safe anymore for students to get… Read More

February 5, 2020 @ 10:19 pm By Omar Faridi  |  

The United Arab Emirates’s (UAE) Ministry of Health and Prevention (MoHAP) has teamed up with the nation’s Ministry of Presidential Affairs, Dubai Healthcare City and several other local government agencies in order to launch a blockchain-enabled health data storage platform. The Emirates News Agency reported… Read More

February 5, 2020 @ 2:48 pm By Omar Faridi  |  

Blockchain-enabled supply chain and trade finance firm Envoy Group is reportedly planning to expand its operations beyond Latin America. This, after recently acquiring $13 million in funding from Alcedo Digital Ventures. Developed on R3’s Corda platform, Envoy aims to enhance the existing $17 trillion annual… Read More

February 4, 2020 @ 8:18 am By Omar Faridi  |  

Enterprise-grade distributed ledger tech (DLT) platform Insolar is launching its own main network (mainnet), while introducing its native Insolar Coin (XNS), in order to replace its previously used Ethereum-based digital token INS. Following the successful trial period of its testnet last year, Insolar has introduced… Read More