Proof of Capital: A New Blockchain Venture Fund Worth $50 Million

A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $ 50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and […]

How Cryptocurrency Traders Benefit from Blockchain Technology

Blockchain technology is a critical infrastructure for the existence of cryptocurrency and arguably one of the reasons why cryptocurrencies exist. The two are different, but they are essentially part of the same system. Blockchain technology, therefore, affects traders directly but there are other ways that cryptocurrency traders benefit from the technology. It not only supports […]

Blockchain and Its Impact on Communications and Beyond

When people see blockchain, the first thing they probably think of is cryptocurrencies and Bitcoin. No doubt blockchain has been thrust into the limelight by the unprecedented popularity of Bitcoin and the universe of cryptocurrencies, but blockchain is more than just a technology used in transactions. Blockchain, simply put, is a distributed ledger of digital […]

PayPal Makes Blockchain Investment in Cambridge Blockchain

It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $ 5,079 USD. Bitcoin Jump: April Fool’s Joke? Bitcoin gained 21% in early trade and has now slightly corrected back down to $ 4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first […]

LVMH Blockchain: Louis Vuitton on the Blockchain?

Blockchain technology has many uses. Mostly synonymous with the financial sector and for crypto trading, it might surprise some to learn that the fashion industry has found a clever use for the technology. Dubbed the AURA blockchain, luxury brand conglomerate and owner of the Louis Vuitton fashion label, LVMH, has developed the LVMH blockchain. The […]

OKEx Blockchain: The OKChain will Test-Launch in June

Malta-based crypto exchange OKEx has announced plans for its own decentralized exchange or DEX on its own blockchain. The company made the announcement on Friday detailing the OKEx blockchain. OKEx Blockchain: OKChain According to a release on Medium, the company detailed how its operations team has been developing a blockchain called OKChain. The blockchain will be […]

Crypto News: OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform […]

Blockchain Renewable Energy: Can Blockchain Change this Market?

According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure and cost-efficient using the blockchain. Blockchain and Renewable Energy Markets Cointelegraph details the GCC as a “regional political and economic union that includes all the Arab states of the Persian Gulf except […]

Tech Big News Roundup: FANDOM SPORTS Strengthens Its Global Trademark Portfolio; Venzee and Riversand Partner to Simplify Content Distribution for Retail Trade; BIG Blockchain Launches Crypto Fusion Center

In case you missed it, here is this week’s technology big news roundup: Blockchain: Venzee and Riversand Partner to Simplify Content Distribution for Retail Trade BIG Blockchain Intelligence Group Launches Crypto Fusion Center to Notify and Protect the Market When Thefts Occur Cloud: FANDOM SPORTS Strengthens Its Global Trademark Portfolio to Cover the Brand and Technology […]

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $ 700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s […]

Facebook Acquires Blockchain Startup Chainspace

According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed, […]

Cobalt Blockchain Announces Closing of First Tranche of Private Placement for $1.5 Million

Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC; OTCQB: COBCF) is pleased to announce announced that it has today closed the first tranche of its previously announced private placement offering (the “Offering”) through the issuance (on a non-brokered basis) of 4,333,333 units (“Units”) at a price of $ 0.15 per Unit for a gross proceeds of $ 650,000. […]

IBM Blockchain Trial Successfully Completed With Mandarins

Computer giant IBM has successfully completed another blockchain trial with the help of 28 tons of mandarin oranges. The tech behemoth tracked a shipment of mandarins from China to Singapore and used the innovative technology to do so. IBM Blockchain Trial The trial consisted of 28 tons of mandarin oranges (which equates to 3,000 cartons), delivered […]

Ripple Backs Chinese Blockchain Research Scholarship

Ripple is supporting a major Chinese research university to launch a blockchain research scholarship. The news was confirmed earlier this week. Blockchain Research Scholarship The scholarship program is being run by the Institute for Fintech Research at Beijing’s Tsinghua University (THUIFR) in collaboration with Ripple. Beijing’s Tsinghua University is one of the nine most prestigious universities […]

Blockchain Closer to “Breakout Moment,” Says Survey

Research firm Deloitte has issued its 2018 global blockchain survey which explores the ways businesses have begun implementing blockchain technology. The agency surveyed more than 1,000 “blockchain-savvy executives” around the world and found in the results that the respondents see “great value” in blockchain’s potential. According to the report, the group of executives claimed in […]

ING Bank Teams Up with R3 in a Five-Year Blockchain Deal

ING Bank, a major Dutch International bank, has just announced that it has signed a five-year deal with R3. R3 is an enterprise blockchain consortium that holds a commercial blockchain platform. R3 released the news in a press release yesterday. ING Bank Takes on Blockchain R3’s commercial blockchain platform is called Corda Enterprise. This new five-year […]

Crypto News: UPS Invests in Blockchain and Circle Stablecoin Fully Backed

All major cryptocurrencies are seeing red again today. This week has brought higher-than-normal volatility for most of the top digital currencies on the market, making investors scratch their heads. Today, we’ll take a look at the latest trending crypto news. Crypto News: UPS Invests in Blockchain Today, the top crypto news is surrounding the logistic […]

Blockchain Trial Takes on Child Labor in Cobalt Supply

American carmaker Ford (NYSE:F) has been revealed to be part of a partnership geared at combating the use of child labor in mining through the use of blockchain technology. In a Wednesday release from IBM (NYSE:IBM), the band of companies, which includes cobalt producers, processors and end users, said it will be working with IBM’s blockchain platform […]

Dragonchain Partnership With Hurify: IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a […]

Graph Provides Update on Blockchain Based Livestock Eco-System

Graph Blockchain Inc. (CSE:GBLC) is pleased to announce a non-binding Memorandum of Understanding (“MOU”) entered into between Datametrex AI Limited (“Datametrex”), an associated company of Graph, with Lotte Data Communication Company, (“LDCC”).  The Company, in collaboration with Datametrex and LDCC, intends to provide the expertise and technology in building blockchain solutions for the importation of […]

Blockchain Outlook 2019: Disruption Continues

Earlier this week the Investing News Network (INN) reported on blockchain trends of 2018–which touched on the increase of institutional investors in the space, regulations and other industries this new technology has begun disrupting. With 2019 freshly under way, it’s time to look at what’s in store for the blockchain industry for the year ahead […]

Graph Blockchain CEO Discusses Contracts with Samsung and LG

Graph Blockchain Inc. (CSE:GBLC) President and CEO Peter Kim was featured in an video released by BTV Business Television. In the video, Kim provided a brief overview of Graph Blockchain, the upcoming catalysts in the industry and the agreements that the company has in place with IBM (NYSE:IBM), Samsung Electronics Co Ltd. (OTCMKTS:SSNLF) and LG Electronics […]

Corporate and Government Blockchain Use | Is it Really Being Used? If So, Why?

In the past few years, the public perception of blockchain has shifted from being an esoteric, little-understood technology to nothing short of a revolution that may define the future of the internet. We have been seeing massive venture capital being pumped into blockchain startups for a while now and blockchain based startups are now finding […]

Passwordless Future With Blockchain: Debunking The Myth That Passwords Make Us Safe

We live in a time of rapidly advancing technology. Interconnectivity has brought the world closer than it’s ever been before, however, it’s also made our personal information far more vulnerable as a result. Passwords have long been seen as the cornerstone of online security. Whenever we indulge in internet shopping, or access work emails, or […]

If You are Interested in Blockchain and Crypto; Here Are 4 Developing Trends to Watch in 2019

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Western Union: Testing Ripple’s Blockchain, Will It Take on Crypto Next?

According to the president of Western Union Global Money Transfer, the company is “ready to adopt any kind of currency.” And interestingly, this includes cryptocurrencies. Western Union Ready to Adopt Odilon Almeida held an interview with Reuters Plus yesterday. Here he stated that there was no big difference between cryptocurrencies and regular digital payments, of which the […]

Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $ 15 million in cryptocurrency for Orbs, a hybrid blockchain platform. Orbs Blockchain Raises $ 15 Million Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.” It also builds […]

State Farm is Now Testing Blockchain Technology for Auto Insurance Claims

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday. State Farm Testing Blockchain Technology According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts […]

Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities. Blockchain Phone It started with Sirin Labs, whose pioneering […]

Major Brands Are Now Using Blockchain Tech for Customer Loyalty

Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to […]