Tag: Platform

Thai Stock Exchange Plans to Launch a Token Trading Platform

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The Stock Exchange of Thailand (SET) is looking to capitalize on investor interest in cryptos by offering a new digital assets exchange. According to a report from Bangkok Post on Thursday, the SET is planning to apply for a license from the country’s Ministry of Finance to operate the platform. The move comes as the exchange looks to capture the growing investor demand for cryptos, Pattera Dilokrungthirapop, vice-chairwoman of the SET board of governors, said in the report. The stock exchange will work to have a sound technical system in…

Tech Firm IBM and MineHub Join to Build Blockchain-Based Platform for More Efficient Metals & Mining Supply Chain Solution

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MineHub Technologies, Inc. and IBM announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain — from mine to end buyer. The $1.8 trillion* global mining and metals market has traditionally suffered from inefficiencies due to manual, paper-based processes and a lack of transparency between supply chain participants. Blockchain technology helps address this problem. advertisement Goldcorp Inc., ING Bank, Kutcho Copper Corp., Ocean Partners USA Inc. and Wheaton Precious Metals Corp. are all working with…

New Platform Shows Ads Only On-Demand and Promises to Pay Crypto for Views

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A company intends to change the ways of traditional advertising by creating a platform called WeBuy. The idea is to allow what the company calls “buyers” to decide when and how the sellers of different products can reach them on-demand. Shopper in the center   WeBuy believes that annoying online ads are one of the problems of the modern advertising market. Instead of increasing the interest of potential buyers, they get the opposite effect. The company believes its product can change the way buyers and sellers currently communicate by putting…

Blockchain Supply Chain Platform Nets $16 Million in Series A Investment

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United States enterprise supply chain developer Chronicled has raised $16 million in a Series A funding round, the company confirmed in a press release Jan. 15. Chronicled — which will use blockchain technology to power a platform helping clients secure and automate supply chains — saw its round led by Hong Kong venture capital firm Mandra Capital. Streamlined Ventures, The Perkins Fund, Frank Fiore and David Aho also participated in the funding round The company reports it is planning to launch its platform this year. “While many companies in the…

IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry

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Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press release published Jan. 16. MineHub is a company that uses technologies including blockchain to develop cost-saving applications for the metals and mining industry. The newly announced mining supply chain platform will be built on the cloud-based IBM Blockchain Platform powered by the Linux Foundation’s Hyperledger Fabric. The solution targets the inefficiencies of the global mining and metal…

ConsenSys Joins News Industry Leaders to Invest in New WordPress Publishing Platform

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Blockchain tech firm ConsenSys has joined news industry leaders to contribute to the creation of a new revenue-generating news platform by WordPress, according to an official press release published on Jan. 14. ConsenSys has invested $350,000 in the new WordPress project called Newspack, an open-source publishing platform for news companies. Through the investment, the major global blockchain company has joined leading industry organizations such as Google News, The Lenfest Institute for Journalism and The John S. and James L. Knight Foundation. In total, WordPress’ parent company Automattic and its partners…

Platform Launched in Belarus to Allow Users Buy Traditional Assets with Bitcoin

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VP Capital and Larnabel Ventures, two information technology-focused venture firms in crypto-friendly Belarus have launched a platform that makes it possible for users to buy tokenized traditional assets such as gold, oil, shares of companies and more, using bitcoin and other cryptocurrencies, reported Reuters on January 15, 2019.   Belarusians Now Buying Shares and Gold with Bitcoin Cryptocurrency investors in Belarus can now invest in traditional assets like shares of global firms, precious metals, foreign exchange and more using bitcoin and other digital assets. Launched by two IT-centric companies, VP Capital…

More Oil Giants to Join Blockchain-Based Platform Vakt for Energy Commodity Trading

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Chevron, one of largest American multinational energy corporations, and two other major energy companies have joined Vakt, a United Kingdom-based blockchain platform for energy commodity trading. Reuters reported on the development on Jan. 16. Along with Chevron, Total, a leading French multinational integrated oil and gas company, and major Indian refiner Reliance Industries have become members of the Vakt platform. The article stresses that the agreement is a step towards quicker and safer logistical operations. The Vakt platform, backed by JPMorgan’s Quorum blockchain technology, aims to become a digital transaction…

Bitfury Enters Music Industry With Blockchain-Based Open Source Platform Launch

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Blockchain and Bitcoin mining manufacturer Bitfury announced the launch of a dedicated venture to open source the music industry in a blog post on Jan. 16. The spin-off, dubbed Bitfury Surround, aims to tackle the complex and often unfairly proportioned flows of revenue between artists, fans and middlemen using blockchain technology. The post explains, “The Surround platform will enable the entire music entertainment industry to streamline operations through secure transfer of copyright assets, streamlined connectivity as well as better monitoring and management systems. Surround marks Bitfury’s ongoing expansion into various…

ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens

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ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), according to a tweet posted Jan. 15. Tron’s founder and CEO Justin Sun subsequently confirmed the news on Twitter. As per the announcement, the partnership has made ABCC the first crypto exchange to list tokens based on Tron’s TRC10 technical standard. The announcement was made a few days after the exchange first revealed that its was in the process of adding support for tokens based on both the TRC10 and TRC20 standards. According to Tron’s guide for developers,…