Tag: BlockchainBacked

Blockchain-Backed Social Media Brings More Choice for Users

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As people continue to rethink topics like technology development, economic measures and freedom of speech because of the COVID-19 pandemic, blockchain has now emerged as a solution for many issues. Iva Wisher, co-founder of Ignite, a decentralized microblogging platform, said blockchain may also be a solution against state-sponsored censorship in today’s pandemic-related new normal.  During an interview with Cointelegraph, Wisher clarified that in general, freedom of speech means a “possibility to express any opinion, even an unpopular one, unless this opinion is not a call to violence.” The blockchain technology…

Blockchain-Backed Investment Startup Fasset Launches — Plans To Accelerate Investments and Growth in Sustainable Infrastructure Development

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UK blockchain startup Fasset wants to bridge the US$15 trillion gap in sustainable infrastructure development by launching the world’s first comprehensive operating system dedicated to the ethical financing of sustainable infrastructure on the Ethereum blockchain. Mohammad Raafi Hossain, Fasset Chief Executive Officer and former Technology Advisor to the UAE Prime Minister’s Office stated: “With climate change expected to cost the world economy US$7.9 trillion by 2050, impacting lives and communities, the need for sustainable infrastructure has never been more urgent. In addition, the COVID-19 pandemic has placed the global economy…

Banco Santander Becomes the First Ever Bank to Issue a Blockchain-Backed Bond

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Banco Santander has announced that it has successfully issued a bond that is backed by end-to-end blockchain, and possibly revolutionizing the bond technology. The news was revealed on September 12th through a press release issued by the bank itself. As stated in the press release, the technology behind the bond consists of the Ethereum (ETH)trade blockchain. Since this is an open source technology, it ensures that the bond is tokenized and registered without facing any issues with the authorities. The cash that was required for the investment has also been…

BlackBerry Introduces Blockchain-Backed Platform Focused on Healthcare Services

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As part of its pivot into security and computing, software company and former smartphone manufacturer BlackBerry has released a blockchain-powered platform. The new product  focuses on the healthcare field, according to a press release published Oct. 4. Per the announcement, BlackBerry has partnered with technology firm ONEBIO to develop a blockchain-backed “ultra-secure” ecosystem. The system is designed for the storage and sharing of medical data, where information can be entered by patients, laboratories, and Internet of Things (IoT) biometric devices. Once entered, data will further be anonymized and shared with…