Insurtech Zego says it has raised $150 million at a $1.1 billion valuation thus emerging as the UK’s first Insurtech unicorn. Zego is an automobile insurance provider for businesses, from entire fleets of vehicles to self-employed drivers and riders. Zego believes that the problem with traditional… Read More
A new United Nations inquiry into the reported theft of $281 million in crypto-assets from KuCoin, a major digital currency exchange, in September 2020 “strongly suggests” links to North Korea. Industry participants claim that Seychelles-headquartered KuCoin could be the victim of one of the largest… Read More
Sky Guo, a founding member of OMFIF, an independent forum for central banking, economic policy and public investment, has reportedly been invited by the United Nations (UN) to talk about how foreign policy experts can take advantage of the latest digital technologies to address the… Read More
The Asian Development Bank (ADB) has launched the ADB Ventures platform in order to channel investments and extend support to Asian firms that are creating platforms for achieving the United Nations’ Sustainable Development Goals (SDGs). ADB’s investment fund is taking contributions from several different partners… Read More
Ethereum Classic Labs (ETC Labs) is teaming up with the United Nations’ Children Fund (UNICEF) Innovation Fund by providing $1 million to support various ongoing projects. According to a press release, ETC Labs said it will be allocating $750,000 to global startup graduates of UNICEF’s… Read More
ING is teaming up with the United Nations Children’s Fund Office of Innovation, in order to test a global program in the Philippines, which aims to identify and invest in various Fintech firms that are developing solutions that could help disadvantaged youth and families in… Read More
António Guterres, secretary-general of the United Nations (UN), stated recently that the organization must encourage and support the ongoing development of blockchain technology. A December 28 Forbes report noted that Guterres believes that blockchain or distributed ledger technology (DLT) should be among the emerging technologies… Read More
The government of Sierra Leone, the U.N. Capital Development Fund, the U.N. Development Programme and technology and micro lending non-profit Kiva are partnering to build a “blockchain” identity and credit-score system to enhance financial security in Sierra Leone. The project will use distributed ledger built by Kiva,… Read More
Last week, the Prime Minister of Malta, Dr. Joseph Muscat, addressed the United Nation’s General Assembly. As part of this speech, Dr. Muscat advocating on behalf of new technologies which “pose endless possibilities.” “We are currently in exciting technological times: with the lightening pace of… Read More
This fall, a diverse group of global blockchain industry types will be convening at the United Nations to discuss the role of Blockchains for Sustainable Development or “B4SD.” While finance is deemed the hot sector of distributed ledger technology, the benefits of this tech may go… Read More
The crowd has made and is making the difference. Over 18,655 Kickstarter backers have responded to the UN’s call for funding to aid refugee Syrians in crisis. As reported by Crowdfund Insider‘s JD Alois, the White House has reached out to Kickstarter to help raise funding to… Read More
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