Germany’s Second Largest Stock Exchange, SolarisBank Partner to Launch Crypto Exchange

SolarisBank and Stuttgart Exchange Group are jointly developing infrastructure for a cryptocurrency exchange, Cointelegraph Germany reports Dec. 12. The Stuttgart Exchange, founded in 1860, is the second largest stock exchange in Germany and the ninth largest in Europe. SolarisBank, on the other hand, is a German fintech company established in 2015 that holds a banking license and offers a “Banking as a Platform” service. This news goes along with the plans announced by the exchange in May to release a zero-fee cryptocurrency trading application. The two companies’ crypto exchange, “which…

Ledger, Neufund Partner to Create Security Tokens Framework

Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6. Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently launched desktop application for crypto asset management — is reportedly adding an ERC-20 integration “soon.” The app will let users manage security tokens issued via Neufund’s set of protocols. Previously, Neufund teamed up with cryptocurrency exchange BitBay to let…

SBI Ripple Asia, Japan Payment Card Consortium Partner on Blockchain System to Fight Fraud

SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept (PoC) to combat fraud with blockchain technology, according to an official release published Nov. 16. According to the news release, the PoC will be conducted on R3‘s blockchain platform, Corda, and will aim to prevent damage wrought by fraudulent transactions by enabling the real-time sharing of data between parties using blockchain.   The Japan Payment Card Consortium counts nine major credit card issuers – including American Express (Amex), Credit Saison and Toyota Finance –…

Gigantic Opportunities: Blockchain Capital Partner Touts Crypto Bullishness

As crypto has nosedived, mainstream financial media outlets, like Bloomberg and CNBC, have interestingly escalated their coverage of this juvenile market. While CNBC has evidently sensationalized Bitcoin’s dismal performance, circulating a Fast Money segment misleadingly titled “Cryptos [Are] In a Financial Crisis,” Bloomberg’s Joe Weisenthal recently began a push to bring some rational thinking to crypto’s bearish state. The “Old Rules Apply” for  Crypto Token Sales In a short, but sweet monologue, Weisenthal drew some uncanny lines between the traditional blue chips and crypto, noting that in 2017, the two industries…

Scoota Selects Ternio As Partner For Blockchain Verified Ad Campaigns

Scoota and Ternio are collaborating to introduce enhanced transparency in its blockchain verified ad campaigns. Scoota leads the brand-safe and automated online branding whereas Ternio brings transparency to the digital advertising programs through its blockchain-enabled high transacting product, Lexicon. Scoota provides a complete programmatic platform that creates and delivers high engaging and rich ad formats globally without compromising in brand safety or creative execution. Partnership to make Scoota first to offer blockchain verified ad campaigns With this partnership, Scoota will become the first ad buying platform offering the blockchain technology…

Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain

The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported Nov. 12. According to Kommersant, the bank guarantee was issued to conduct a trade finance transaction involving four parties, Raiffeisen, Gazprom Neft, Belarusian firm Mozyr Oil Refinery, Priorbank of Belarus. Raiffeisen acted as an advising bank for the Russian oil company, while Priorbank of Belarus, which is part of  Raiffeisen bank group, issued a bank guarantee for the deal via blockchain. The…

Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

HBUS, the strategic partner of top crypto exchange Huobi, has hired a former executive of venture capital (VC) firm Draper Athena, according to a press release shared with Cointelegraph Nov. 13. The HBUS trading platform, which currently employs around 40 people in their headquarters in San Francisco, has officially announced the appointment of Jay Ryu, formerly of Draper Athena, as Vice President of Corporate Development. As the press release states, Ryu previously worked with prominent figures in the VC industry, such as Draper Athena chairman Tim Draper, well-known for his…

ArcBlock, Soar Partner to Build Super Map using Blockchain

ArcBlock, which offers an application development platform for decentralized applications and blockchain-enabled services, has formed a partnership with Soar to collaborate on building the world’s first decentralized super-map using blockchain technology. Soar aims to use blockchain technology to create a new decentralized platform for high-resolution drone, aerial, and satellite imagery that provide incentives to content creators and offers access to images, video, and aerial maps for end users to purchase. “We believe that Soar is redefining the mapping industry by empowering content creators and meeting an increasingly important customer need…

Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12. Apart from the three oil companies mentioned above, Vakt includes banks ABN Amro, ING, and Societe Generale, along with trading houses Gunvor, Koch Supply & Trading, and Mercuria. The blockchain solution, first announced in November 2017, will enable major industry players to move from “cumbersome” paperwork…

Tether’s New Banking Partner Deltec Suspected of Accepting Laundered Funds

Brazilian law enforcement has solicited the help of Bahamian authorities to investigate suspicious transactions to Deltec Bank & Trust – the recently-announced new banking partner of controversial stablecoin Tether (USDT) – major Brazilian newspaper O Globo reports Nov. 6. As per the report, the Federal Public Prosecutor’s Office in São Paulo is on the trail of Paulo Vieira de Souza, a former director of the São Paulo road infrastructure company DERSA. De Souza is currently being prosecuted for bribery in the infamous Odebrecht case, characterized by the U.S. government as…