Tag: Platform

Carrefour, Nestlé Use IBM’s Blockchain Platform to Track Infant Formula

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Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of milk-based formula for infants, according to a Nov. 14 announcement. By using the platform, the firms aim to advance consumer confidence in the products’ quality by ensuring more transparency of the entire supply chain of formulas produced by Laboratoires Guigoz. The system aims to improve supply chain transparency and conduct checks of infant nutrition products’ origins. Implementation of blockchain-based tracking systems by retail giants Both Carrefour and Nestlé are not new…

Chinese VeChain Tea Traceability Platform Gets Official Seal of Approval

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A tea traceability platform powered by VeChain received an official endorsement from the Shuangjiang county government at its launch on Nov. 13.  VeChain partnered with leading tea producers in the region to implement the traceability platform. The entire lifecycle of a tea brick from raw material to the consumer will be recorded on the VeChainThor blockchain, which customers can access by scanning a QR code or NFC tag with their smartphone. The Pu’er Tea Traceability Platform is one of the first third-party platforms to index into the National Important Products…

Crypto.com Grows Offerings With New Exchange and Fundraising Platform

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Crypto.com announced the launch of a new exchange Thursday, in an expansion of the Hong Kong-based firm’s list of crypto services. The exchange opens up to beta testers Nov. 18 and to the wider public in December, according to a press release. The three-year-old company has also unveiled a fundraising platform for crypto startups. Previously known for issuing custodial wallets and crypto-backed debit cards, the new exchange bolsters CEO and co-founder Kris Marszalek’s vision of creating full services experiences for his one million wallet holders. Marszalek said the launch is tactical…

EToro’s Platform EToroX Lists Dash and Seven Stablecoins

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EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX) and Hong Kong Dollar (HKDX) alongside U.S. dollar-backed tokens USDC and Tether (USDT).  The addition brings the number of assets tradeable on the cryptocurrency exchange up to 26. Doron Rosenblum, managing director at eToroX, commented: “We see the addition…

Gaming Rewards Firm Partners With Blockchain-Based Streaming Platform DLive

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United States blockchain-based rewards and marketing company Refereum has announced its latest partnership with decentralized streaming platform DLive to reward gamers for creating and watching content. According to a press release shared with Cointelegraph on Nov. 7, Refereum’s partnership with one of blockchain’s largest streaming platforms, DLive, will enable users to earn rewards for live-streaming games. DLive is reportedly the first blockchain-powered streaming service to join the Refereum platform, alongside Twitch and Mixer. DLive CEO Charles Wayn said: “Bringing benefits to our streamers is always one of DLive team’s priorities.…

Hong Kong Startup Launches LSE-Powered Bitcoin Spot, Futures Platform

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Hong Kong-based Bitcoin (BTC) spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. As the South China Morning Post (SCMP) reported on Nov. 7, the Atom Asset Exchange (AAX) uses the Millenium Exchange matching engine developed by the London Stock Exchange and promises prospective clients lower trade latency and trade data transparency. SFC brings security tokens and crypto futures under its remit AAX’s launch comes just one day after Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), released new guidance for…

EToro Trading Platform Acquires Crypto Portfolio Management App

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Trading and investment platform eToro has acquired the cryptocurrency portfolio app Delta — an app that tracks 6,000 different cryptocurrencies and tokens on 180 exchanges. According to a press release on Nov. 6, eToro acquired Delta for an undisclosed amount, however, Israeli tech publication CTech reports that the deal was worth approximately $5 million.  Doron Rosenblum, the managing director of eToroX — eToro’s blockchain subsidiary — said that they would integrate Delta with the eToroX platform, which would enable users to trade from within the app. The blockchain subsidiary will…

Ripple Backs New Platform for Smart Contracts Flare Networks via Its Xpring

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It has been revealed that Xpring, Ripple’s investment arm, invested in Flare Networks, a platform for smart contracts. Apart from being popular for using in its solutions XRP which is the third-largest digital currency in the world and has been for a long time, Ripple is also quite known for many of its offerings in the sector, including several divisions and partnerships. The company through its investment arm Xpring, has now invested into Flare Networks, a platform for smart contracts. According to an official Flare Networks blog post, Ripple has…

Tradewind Digital Platform Uses Blockchain to Track Provenance of Gold

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Tradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals. On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and sellers of precious metals. Tradewind tracks where its metal comes from According to the Tradingwind website, Origins allows customers to buy and sell physical gold and other precious metals based on individual sourcing preferences, such as mine, artisanal, recycled sources,…

Ripple’s Xpring Invests in New Smart Contract Platform

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Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks. Joining the XRP ecosystem On Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that will enable the company to bring a “wealth of resources and partners to enhance and extend the Flare, Xpring and XRP ecosystems.” The Flare Network, which has been over two years in the making, reportedly integrates the Ethereum Virtual Machine to enable public and private networks to leverage smart contracts.  Flare will…