Category: Blockchain

Indicio Secures $3.5m to Expand Blockchain Technology to Validate Digital Credentials

Seattle-based startup Indicio has announced a $3.5 million financing in a seed round led by Hard Yaka. The latest funding was raised on Apr 25, from a seed round. Indicio.tech has raised a total of $3.5M in funding over 2 rounds. The funds will be used to expand market adoption in vertical industries and create a trusted digital ecosystem. Other investors include Seattle-based SWAN Venture Fund, 37 Angels, Alliance of Angels, Angel Investment Trust, and serval investors. Chief Technology Officer Ken Ebert said, “We created the framework of a Trusted Digital Ecosystem…

PayPal’s Blockchain Chief on the Future of Crypto in Payments

To enable the wide adoption of crypto payments, the goal is to create a user experience that feels similar to the solutions they know today but is augmented to deploy the unique advantages that blockchains offer in terms of speed, cost, security, privacy, programmability, and resilience. Delivering such an experience requires progress on several areas involving the combined efforts of developers, designers, policymakers and regulators, and payment providers. Source link

Urban Change, the First-of-Its-kind Blockchain Protocol for Urban Coins, Announces Its Dual-coin Model To Drive Economic and Social Prosperity

Urban Change Protocol is the world’s first decentralized blockchain protocol that enables any urban community to have their own urban coins created to drive economic and social prosperity. $5.5 million has been raised towards the development of the Urban Change Protocol in a recent investment round backed by Aleph, Node.Capital, DCG, Borderless, Algorand Foundation, Alumni Ventures and Benson Oak. The protocol promotes civic engagement and empowers city leaders to incentivize residents to act in a way that benefits their community: shopping locally, supporting minority- or women-owned businesses, and making sustainable…

How can blockchain tech change ratings

The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be a need to borrow and a desire to lend. Lending involves giving out a resource on credit with the condition of it being returned upon an agreed period of time. In this case, such resources would be money or any financial asset. The lender could be…

Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments, and Blockchain.com eyes IPO: Hodler’s Digest, April 17-23

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more Retail traders’ favorite cinema chain, AMC Theatres, updated its mobile app to support Dogecoin and Shiba Inu payments. United States-based customers using Apple or Android phones can both download the app and spend their highly…

Polygon Allots $100 Million For Expansion Of Blockchain ‘Supernets’

Polygon has unveiled a $100 million budget for a new blockchain network dedicated to Web3 development. The network, dubbed Supernets – application-specific blockchains with enhanced efficiency – aims to promote an ecosystem of activities centered on innovation on the Polygon network and Web3 in general. Sandeep Naliwal, co-founder of Polygon, announced in a statement: “The infrastructure tooling enables users to easily and quickly accomplish desired outputs… Polygon’s mission is to accelerate Web3 adoption by providing companies with a complete range of blockchain solutions.” Suggested Reading | Binance Hits Back At…

ECORISE DAO: Where Blockchain Meets Nature

Blockchain project ECORISE DAO has made its debut in the space with a unique offering. Where leading blockchains such as Bitcoin and Ethereum are raising concerns about environmental pollution, ECORISE is changing the narrative for crypto. It is using the natural ecosystem to create capital assets, through which it plans to incentive ecological regeneration, and sustainability, as well as create a land-based stablecoin ecosystem. ECORISE DAO will unlock the value in the Earth’s natural system to regenerate and revitalize the environment. This means that the project is directly tied to…

Blockchain.com names custody partner for its institutional offering

Blockchain.com, a cryptocurrency exchange and financial services firm, has named Standard Custody & Trust Company as the custodian for Blockchain.com and Altis Partner’s new institutional platform, Blockchain.com Asset Management (BCAM). On April 6, Blockchain.com introduced a suite of institutional investment solutions that combine the crypto trading infrastructure, research and security software services of Blockchain.com in partnership with investment management firm Altis Partners. According to the Thursday announcement, Standard Custody’s service is regulated, insured and led by a team of experts from the crypto and financial services industry. Charles McGarraugh, Altis…

German Commerzbank First to Apply for Crypto Licence in the Country – Blockchain News, Opinion, TV and Jobs

One of the largest banking institutions in Germany, the ‘Commerzbank’ has been trending in the news this morning, confirming that it applied for a local crypto license earlier this year, marking the first time a major bank has made a move toward cryptocurrencies in the country. A representative from Commerzbank confirmed to local media outlet Börsen-Zeitung that it “applied for the crypto custody license in the first quarter of 2022.” If approved, the bank would be authorized to offer exchange services and custody and protection of crypto-assets. The bank, with…

Public blockchain Kadena launches $100M Web3 grant program

Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol.  The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible token (NFT), decentralized finance (DeFi) and Web3 projects. Stuart Popejoy, Kadena’s founder and CEO, said his firm will be deploying “treasury resources” to strengthen the long-term sustainability of the protocol. Web3 participants need to recognize its…