Making real-world blockchain solutions possible — Solana co-founder Raj Gokal

Raj Gokal, co-founder of blockchain protocol Solana and chief operations officer of Solana Labs, started his career in venture capital with a focus on high-growth tech business.  For seven years, Gokal focused on health tech, first with wearable sensors using Bluetooth Low Energy as a wireless protocol, then leading product management at Omada Health. He aimed to address the fractured, challenging United States healthcare system but “encountered challenges with health plans and regulators, leading me to recognize the industry’s persistent issues,” he told Cointelegraph. After meeting Solana co-founder Anatoly Yakovenko…

Cronos Labs Launches $100M Accelerator Program to Foster AI and Blockchain Innovation

Coinciding with the commencement of Korea Blockchain Week, the recruitment phase of the program began on September 4th. Renowned blockchain network developer Cronos Labs has embarked on an ambitious journey with the launch of its third accelerator program. This unique initiative, backed by an impressive $100 million investment, is dedicated to supporting startups operating at the exciting intersection of Artificial Intelligence (AI) and blockchain. Cronos Labs Seeking Eight Lucky Startups in Accelerator Program One of the most exciting aspects of Cronos Labs’ accelerator program is the opportunity it presents to…

Chinese President Xi Jinping Highlights the Transformative Impact of Blockchain and AI on Global Industries

In a congratulatory message to the 2023 China International Intelligent Industry Expo, Chinese President Xi Jinping emphasized the profound changes that emerging technologies like the internet, big data, cloud computing, artificial intelligence (AI), and blockchain are bringing to global industries and lifestyles. Accelerating Digital Transformation According to a report from ChainCatcher, Xi Jinping’s message highlighted that these technologies are accelerating the digital, intelligent, and green transformation of industries. “The intelligent industry and digital economy are thriving, significantly altering the global allocation of resources, industrial development models, and people’s lifestyles,” Xi…

London Stock Exchange Group Plans to Embrace Blockchain Technology for Operational Efficiency

Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations according to a report by Financial Times. London Stock Exchange Group and Its Interest in Blockchain The reputable exchange has been in operation for centuries, facilitating the trading of stocks and other financial assets using traditional methods. The increasing…

Indian central bank-backed NPCI begins blockchain recruitment

The National Payments Corporation Of India (NPCI) — an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies — is on the lookout for a seasoned blockchain technologist to head and investigate opportunities for blockchain in current-day payment systems. NPCI owns and operates the Unified Payments Interface (UPI), India’s home-grown instant payment system that facilitates interbank peer-to-peer and person-to-merchant transactions. A recent LinkedIn job posting confirmed NPCI’s ongoing drive to hire a head of blockchain. NPCI’s job posting for a head of blockchain. Source: LinkedIn…

London Stock Exchange to create traditional assets trading platform on blockchain

The London Stock Exchange (LSE) Group is reportedly planning on creating a blockchain-based platform that will be offering traditional financial assets. According to a report by mainstream media outlet Financial Times, the company has been looking into the potential of a blockchain-based trading venue for a year. LSE Group’s head of capital markets Murray Roos said that the company’s efforts in looking into the blockchain had reached a point where they decided to move their plans forward. London Stock Exchange Group looks to build blockchain-powered trading venue: Financial Times#LSE #London…

Swift says blockchain integration ‘more plausible’ than unifying CBDCs

Bank messaging network Swift has recently shared a report highlighting how Swift can connect with blockchains and solve the issue of interoperability between different blockchain networks.  In a report titled “Connecting blockchains: Overcoming fragmentation in tokenised assets,” Swift concluded that a more incremental approach that interlinks existing systems to blockchains is “more plausible” for market development in the near term, compared to bringing together central bank digital currencies (CBDCs), tokenized deposits and assets in a single unified ledger. Diagram demonstrating how Swift can connect financial institutions with various blockchains. Source:…