Tagged: blockchain

JCB, Keychain GK Combine, NFC, Blockchain, Self-Sovereign Identities to Deliver Offline Payments

JCB, a Japanese international payment brand and Singaporean Fintech Keychain GK have implemented offline payments using near-field communication (NFC), self-sovereign identity, and blockchain technology, the companies recently announced With the spread of 5G and the development of Internet of Things (IoT) devices, machine-to-machine payments will… Read More

Nansen Scores $75M Series B, Attracts Tiger Global, Andreessen Horowitz as Investors

Nansen, a blockchain data analytics platform, has raised a $75 million Series B round led by Accel. GIC, Andreessen Horowitz (a16z), Tiger Global, and SCB 10X are among the VCs and angel investors who also participated in the round. This funding will be used to… Read More

Decentralized Layer 2 Oracle Solution Umbrella Network Launches on Avalanche

Umbrella Network, a decentralized Layer-2 oracle solution, today announced its launch on Avalanche, providing the ecosystem access to high-scale and low-cost oracles. Avalanche is designed as a highly scalable ecosystem, with the aim of delivering near-instant transaction finality while levying low transaction fees. It has… Read More

State of Ohio’s HB 177 Approves Blockchain Use

The State of Ohio this week passed five bills into law, including the Business Fairness Act, and one authorizing the state to use blockchain and distributed ledger technology. Governor Mike DeWine signed the bills into law including House Bill 177, sponsored by Representatives Rick Carfagna… Read More

Shinhan Bank, Hedera Look to Blockchain to Improve $702B International Remittance Process

South Korea’s Shinhan Bank today announced it has completed the development of a proof-of-concept, with a global megabank outside of Korea, to improve the remittance process through the use of stablecoins. It is built on the Hedera network, leveraging stablecoins and focused on international remittances…. Read More

Glitter Finance Raises $3M, Integrating Algorand With Solana

Glitter Finance recently announced it is working to integrate the Algorand DeFi ecosystem with Solana to deliver improved interoperability in the DeFi blockchain space. The integration is said to ensure traders using Glitter Finance can transfer their digital currencies from Algorand to other Layer 1… Read More

C3 Protocol Celebrates $3.6M Raise, Building Comprehensive Spot, Derivatives Capital Market

C3 Protocol, a decentralized capital market powered by a cross-margin cross-collateralization clearing engine protocol, this week announced a $3.6 million raise, which was led by Arrington Capital and Jump Capital. The platform’s goal is to build an all-in-one capital market for spot and derivatives trading…. Read More

Ontology, bloXmove Unite to Secure Identities, Improve Mobility Between Transportation Apps

Decentralized identity and data solutions provider Ontology is partnering with bloXmove, a business-to-business mobility blockchain platform. bloXmove aims to simplify travel across transportation by connecting mobility apps and reducing the need for users to switch between them. bloXmove will integrate Ontology’s decentralized digital identity protocol… Read More

Aleph Zero Releases Mainnet, Celebrates Successful $14.8M Private Sale

Aleph Zero, a company using blockchain technology to serve the unique needs of the enterprise, today launched their mainnet. The development comes on the heels of a successful $14.8 million private sale. The funding comes from pre-seed and seed funding rounds in addition to its… Read More

CBDCs Have Potential But Not in 2022: Monetary Authority of Singapore Pumps the Brakes

CBDCs have the potential to make a significant impact on global finance, but appropriate safeguards need to be in place, an official from the Monetary Authority of Singapore (MAS) said today. The industry gathered for the Singapore FinTech Festival, where one of the presenters was… Read More

Chainlink, a Blockchain Oracle Provider, Celebrates Passing $75B TVS Mark

Blockchain oracle provider Chainlink this week crossed $75 billion in total value secured (TVS). “Crossing $75 billion in total value secured makes the Chainlink network one of the most value securing forms of decentralized consensus on the planet,” said co-founder Sergey Nazarov. “(Our) networks are… Read More

ModelManagement, Deel Celebrate Bringing On-Time Payments to 1,000,000 Models

ModelManagement.com, the digital marketplace for models, talents, and influencers built on the principles of transparency, trust, and safety, has announced a strategic partnership with Deel, a global payroll and compliance service provider. The partnership is geared towards bringing on-time payments to models around the world,… Read More

Bosonic Tackles Counterparty Credit, Settlement Risk in Digital Asset Markets

  Bosonic’s layer 2 blockchain infrastructure will be a clear player in digital asset markets because it addresses the key issues of counterparty credit and settlement risk, founder and CEO Rosario Ingargiola said. The company draws from Ingargiola’s two decades of experience with building algorithmic,… Read More

Polymesh Launch Delay Due to Housekeeping Issues

Polymesh will not be launching as promised on Oct. 13, but the delay will be minimal, officials said today. A blockchain built specifically for security tokens, Polymesh is being developed by Polymath, a company that builds technology to create, issue and manage digital securities on… Read More

Blockchain VC CV VC Begins Dubai Operations

Blockchain venture capitalist CV VC has started its Dubai operations in partnership with DMCC Crypto Centre. CV VC has currently successfully invested in 32 early-stage blockchain startups from around the world, 22 of which came via its CV Labs incubation program. Selected start-ups from the… Read More

Italian Olive Oil Producers Look to Algorand Blockchain to Improve Supply Chain Transparency

Italia Olivicola, the largest organization of olive and olive oil producers in Italy, is working with Euranet, a technology compliance management services provider, to move its supply chain operations onto the Algorand blockchain.  This model was developed employing Euranet’s ChoralChain platform and can be applied… Read More

Use Cases for NFTs Growing: GlobalData Report

While at the beginning NFTs were predominantly used by artists to claim the ownership and novelty of their digital creative work, the uses for the digital tokens are growing, a new report from Global Data suggests. Companies are now filing NFT-related patents to secure their… Read More

Predictive Blockchain Platform Merkle Science Closes Series A, Adds to Board

Merkle Science, a predictive blockchain monitoring and investigative platform, today announced the close of its $5.75 million Series A funding round led by Darrow Holdings. Other investors in the round include Kraken Ventures, Bain-backed Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital, Kenetic, and Lunex Ventures…. Read More

Metrika’s $14M Series A to Improve Blockchain Monitoring Capability

Blockchain tech firm Metrika this week announced a $14 million Series A funding round led by Neotribe Ventures. Other institutional investors include Coinbase Ventures, Samsung NEXT, Nyca Partners and SCB 10X, with additional funding from all previous investors. This latest round brings a total of $17.7… Read More

Figure Completes Digital Securities Transaction, Secondary Trading of Private Company Occurs on Blockchain

Blockchain-based fintech Figure today announced the completion of a digital securities transaction using Figure ATS, an alternative trading system that is registered with the U.S. Securities and Exchange Commission and that is part of Figure’s Marketplace trading platform. The trade included the minting of a… Read More

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