Category: Blockchain

Blockchain Startup Blockstack Raises a Whopping $23 Million In SEC-Qualified Reg A+ Token Offering

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More than 4,500 individuals and entities participated and ponied up more than USD$23  million in the first US Securities and Exchange Commission (SEC) qualified and regulated Regulation A+ token offering issued by Blockstack PBC (including both their SEC-qualified token offering and investors outside the United States made under Regulation S). advertisement Major investors include Union Square Ventures, Lux Capital, Recruit Holdings, Arrington XRP Capital, Hashkey Group, Fenbushi Capital, Frontier Ventures, Spartan Group, and various other funds. Blockstack PBC, a public benefit corporation at the heart of the Blockstack ecosystem, is…

R3 and Mastercard Team Up Mastercard to Build Overseas Payments System Build on Blockchain

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Mastercard and R3, a leading enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard. advertisement The fear cycle around blockchain is dissipating, according to Sheila Warren, Head of the Blockchain at the World Economic Forum.  “It’s exciting to see tech giants publicly owning their explorations of blockchain technology. This kind of validation should help to cement…

IBM Official Elected Chair of Hyperledger Blockchain Tech Board

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The Hyperledger technical steering committee (TSC) has elected another IBM official as its chair amid controversy over the tech giant’s increased representation on the panel. Arnaud Le Hors, a senior technical staff member for blockchain and web open technologies at IBM, succeeds Dan Middelton, a principal engineer with Intel, according to an email sent to the TSC mailing list Wednesday.  “I’m happy to have the chair role in good hands,” Middelton wrote to the list. A year ago Middelton replaced Christopher Ferris, CTO of open technology at IBM, who had…

ConsenSys Officially Joins Hyperledger Project – Adding Public Blockchain Capability to Hyperledger

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ConsenSys and Hyperledger announced that ConsenSys has become the newest Premier Member of Hyperledger – and – ConsenSys’s PegaSys protocol engineering group submitted its Ethereum client, formerly known as Pantheon, now known as Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger. Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies, hosted by the Linux Foundation. advertisement Joseph Lubin, Co-Founder of Ethereum and Founder of ConsenSys, will join the governing board of Hyperledger, which now counts 22 members. “PegaSys and ConsenSys have been committed to…

Computing Legend Steve Wozniak To Launch Blockchain Energy Project – EFFORCE

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In the coming months, a team of visionaries, including Apple’s co-founder Steve Wozniak, is about to launch EFFORCE – a revolutionary blockchain platform that aims at increasing energy efficiency by allowing everybody to participate in and benefit from worldwide energy efficiency projects. advertisement Co-founder Steve Wozniak said: “In the last 10 years, energy consumption increased exponentially worldwide due to an ever-growing population. This has contributed significantly to climate change and the extreme consequences on our environment. Therefore, improving productivity while reducing energy consumption is the answer. This is energy efficiency.…

Hollywood Star Wesley Snipes To Tokenize $25 Million USD Movie Fund with Liechtenstein Blockchain Innovator LCX

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The Liechtenstein Cryptoassets Exchange LCX has cut a deal with Hollywood superstar actor Wesley Snipes to tokenize a $25 Million USD movie fund, investing in upcoming motion picture and television shows produced by the famous actor and his production studio Maandi House. advertisement Wesley Snipes said: “It’s an exciting time now that all of my fans old and new can indirectly become co-producers of our upcoming movies. The tokenized Daywalker Movie Fund enables the audience to turn into investors and participate in the success.” LCX CEO Monty C. M. Metzger…

Deloitte, TruTrace Eye Blockchain to Improve Cannabis Quality Control and Safety

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Courtesy of TruTrace Technologies Deloitte and TruTrace Technologies (CSE: TTT) (OTCQB: TTTSF) have formed a strategic alliance to build blockchain product-traceability solutions to the cannabis industry. In a statement, the companies said the new system will improve clients’ ability to build trusted brands, ensure accurate shipments to medical and recreational distributors and retailers, and help consumers buy verified products from credible sources. Solution to Main Challenge Cannabis legalization in Canada has resulted in exciting opportunities and innovations for industry stakeholders, as well as complex business challenges. One of the main…

Michael Terpin’s BitAngels Investor Network Partners with Bitcoin Bay to Expand Blockchain Investment Ecosystem in Toronto, Canada

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Well-known Blockchain and crypto industry giant Michael Terpin from digital currency investor network BitAngels has teamed up with Toronto’s Bitcoin Bay to expand the blockchain investment ecosystem in Canada’s largest city. advertisement “Through our partnership, we aim to accelerate blockchain adoption not only in Toronto, but internationally by connecting global entrepreneurs, investors, and communities through exclusive networking events,” said Edward Buchi, co-founder and Director of Bitcoin Bay. “Founders are invited to pitch their projects to investors, and give them an early inside look at some of the most exciting up-and-coming blockchain…

Shanghai Blockchain Week Returns for Fifth Consecutive Year to Discuss the Next Decade of the Blockchain Industry

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Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology, has announced the return of its annual Global Blockchain Summit and Shanghai International Blockchain Week for the fifth year running, from September 16-18. Hosted in the W Shanghai – The Bund, the event brings together technological experts, academics, and business leaders to discuss the potential of emerging technologies such as cross-chain and privacy-preserving computing in the blockchain sector, as well as the outlook for the blockchain space within the next decade. advertisement David Johnston, Founder of Yeoman Capital and…

Roger Ver from Bitcoin.com and Pangea Blockchain Fund Invest 4 million Euro into Crypto Payment Startup Eligma

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Roger Ver from Bitcoin.com and Swiss investment firm Pangea Blockchain Fund have invested some 4 million euro into a Slovenian startup called Eligma this week. The startup has received plenty of international attention on the blockchain scene and started its innovation path with a public crowd sale in 2018.  advertisement Roger Ver, Executive Chairman of Bitcoin.com and one of the first investors into the world’s most popular cryptocurrency – Bitcoin, stated: “Bitcoin.com is investing in Eligma … as we drive more and more adoption and make it easier and easier…