Tagged: dlt

Dubai Entrepreneur Khurram Shroff’s IBC Group Commits $10 Million to ETH 2.0 Staking to Support Launch of Ethereum Upgrade

The United Arab Emirates (UAE) is reportedly leading the MENA region’s Fintech sector with a projected valuation of around $2.5 billion by 2022 (which is still not significant compared to international standards). Regional and multinational financial services providers have been launching digital platforms in order… Read More

Waves Protocol Team Partners OKExChain Developers to Work on Cross-Chain DeFi Projects

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

DeFi Tokens Aave and YFI Continue to Rally as Institutional Investors back Decentralized Finance Intiatives: Report

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

Binance Now has Over 13 Blockchain Initiatives being Supported by its $100 Million Accelerator Fund

Binance, the world’s largest digital asset exchange in terms of trading activity and scope of operations, has issued an update regarding its $100 million accelerator fund. The Binance team revealed that there are now more than 13 different projects being supported by the exchange’s $100… Read More

Brendan Blumer, CEO at Block.one, Predicts that the Future Is Compliant Open-Source Programmable Finance, Not Necessarily DeFi

Brendan Blumer, CEO at Block.one, the company behind EOS, one of the largest platforms for building blockchain-based decentralized applications (dApps), has acknowledged that the innovation in the decentralized finance (DeFi) space is “revolutionary.” However, the recent guidance provided by global regulatory authorities regarding crypto and… Read More

Business Information Provider IHS Markit to Redistribute Lukka’s Blockchain and Digital Asset Data Products

Lukka, an established digital asset software and data provider, has teamed up with global business information provider IHS Markit in order to redistribute Lukka’s “institutional-grade” blockchain and crypto-asset data products. They include Lukka Prime and Lukka Reference Data, as part of the extensive IHS Markit… Read More

Cypherium, an Interoperability Solution Provider for Blockchain based Digital Currencies, Finalizes Public Sale, Raising $28M in Total

Cypherium, an enterprise-focused distributed ledger tech (DLT) platform that aims to facilitate interoperability between blockchains and central bank digital currencies (CBDCs), revealed on November 18, 2020, that it had finalized its public sale round and has now acquired $28 million in capital through the sale… Read More

China’s Public Blockchain Network Nervos Launches sUDT Token Standard to Compete with Ethereum ERC-20

China-based Nervos, a major public blockchain-based network, has reportedly launched its own token standard, sUDT (Simple User-Defined Token), in order to compete with Ethereum’s widely-adopted ERC-20 standard. As mentioned in a release shared with Crowdfund Insider, the sUDT standard will allow blockchain or distributed ledger… Read More

Ethereum Development Studio ConsenSys Acquires Truffle, a Widely Used Set of Blockchain Developer Tools

New York-based ConsenSys, a company that supports Ethereum (ETH) development and various other blockchain-focused initiatives, has reportedly acquired the team and technology of Truffle. As mentioned in a release shared with Crowdfund Insider, Truffle Suite is one of the most widely used blockchain or distributed… Read More

Pavel Bains: CEO at Bluzelle Networks Explains how Decentralized Applications Can Provide More Robust and Reliable Financial Infrastructure

We recently caught up with Pavel Bains, CEO at Bluzelle Networks, a company and platform that aims to develop fast, adaptive, and agile distributed ledger technology (DLT)-based solutions for the finance sector. Bains talked about the challenges associated with working on centralized platforms. He discussed… Read More

Blockchain Platform Sikoba Partners with Horizen to Bring “Transparency” to Decentralized Credit Market

Horizen, a tech platform that allows businesses and developers to launch their own public or private blockchains, has partnered with Sikoba, a “decentralized” blockchain-enabled system for peer-to-peer IOUs. According to a release shared with CI, Horizen and Sikoba will offer their users “the ability to… Read More

Cypherium, an Interoperability Solution Provider for Blockchain based Digital Currencies, has Launched its Mainnet

Cypherium, an enterprise-focused distributed ledger tech (DLT) platform that aims to facilitate interoperability between blockchains and central bank digital currencies (CBDCs), has launched its mainnet. The Cypherium main network launch has come after the project raised $28 million in capital which includes $4 million from… Read More

Blockchain based Digital Commerce Services Are More Affordable and Accessible than Centralized Solutions, According to Daniel Dabek from Safex

We recently connected with Daniel Dabek, the Executive Director and Chief Software Architect at the Safex Foundation, an organization supporting blockchain-focused e-commerce solutions. Dabek explained how Safex aims to “democratize” the digital commerce engine by leveraging blockchain technology. He believes that distributed ledger technology (DLT)… Read More

IRISnet Team Announces Updates Regarding its Blockchain focused, Foundation Eco-Development Fund

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, noted that in April 2020, the IRIS Foundation had introduced a community-centric delegation campaign and its second 1-Year Token Burn Plan. Delegation campaigns allow crypto token holders to… Read More

Dave Hodgson: CIO at NEM Group and MD at NEM Ventures Discusses Plans for Enterprise Blockchain Development and Support for DeFi

  We recently connected with Dave Hodgson, Chief Investment Officer at NEM Group and Managing Director NEM Ventures. NEM (XEM) is a major blockchain or distributed ledger technology (DLT) based platform for building and deploying decentralized applications (dApps). Hodgson’s role encompasses group investment management, jurisdictional… Read More

IRITA Hub, a Proprietary Interchain Service, Integrates with Blockchain Service Network’s Communication Hub

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, have confirmed in their monthly report that the IRITA Hub has been integrated with the Blockchain Service Network’s (BSN) Interchain Communications Hub. This marks “the first step towards… Read More

“Ultra Fast” Blockchain Network IOST Connects Gravity Network to Support Cross-Chain Functionality

IOST, an “ultra-fast” and “decentralized” blockchain network based on the “next-generation consensus algorithm “Proof of Believability,” recently connected with the Gravity Network in order to support cross-chain functionality. As mentioned in a blog post by Waves Protocol developers: “As Gravity expands the list of its… Read More

Ethereum as a Service Platform SKALE Network to Use Custody Support Services from Finoa for SKALE’s Native Token

Finoa has partnered with Skale Labs in order to offer institutional-grade custody support for SKALE, which is the native token that’s used to power the SKALE Network. The SKALE Network is an Ethereum-as-a-service platform that has been developed to support the “exponential” growth of the… Read More

University of Wyoming Establishes Center for Blockchain and Digital Innovation

The University of Wyoming (UW) has launched a Center for Blockchain and Digital Innovation. As mentioned on UW’s website: “Wyoming is a pioneer state known for firsts. In recent years, the state passed groundbreaking legislation to create a regulatory environment to foster blockchain application growth… Read More

Ocean Protocol to Work with Central Bank of Germany to Develop Decentralized Data Sovereignty Solution

The developers of the Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have partnered with the Central Bank of Germany. Through the partnership, both organizations will develop a “decentralized” data sovereignty… Read More

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