Bayer’s Agricultural Division Partners With ConsenSys-Backed Startup BlockApps

The agricultural division of pharmaceutical and life science giant Bayer AG, Bayer CropScience, is collaborating with ConsenSys-backed Blockchain-as-a-Service (BaaS) startup BlockApps. BlockApps revealed the news to Cointelegraph on March 22. Germany-based Bayer CropScience has been working on a number of blockchain initiatives with BlockApps since early 2018, a BlockApps spokesperson told Cointelegraph. One of the largest pharmaceutical firms globally, Bayer acquired American agrochemical and agricultural corporation Monsanto in June 2018. A BlockApps representative said that more details can be expected during Blockchain for Food and Beverage Supply Chain conference that…

Prediction Startup Numerai Raises $11 Million in ICO

American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21. Introduced in late 2016, Numeraire network provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models. Based on the Ethereum (ETH) blockchain, Numeraire tokens are used in trading market predictions on the startup’s platform. Numerai founder Richard Craib said that the funds from the recent ICO will be mostly spent on hiring engineers for Erasure,…

US Prediction Startup Numerai Raises $11 Million in ICO

U.S. prediction market startup and hedge fund Numerai raised $11 million in an ICO to launch its Erasure project. American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, crypto industry media outlet Coindesk reports on March 21. Introduced in late 2016, Numeraire network provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models. Based on the Ethereum (ETH) blockchain, Numeraire tokens are used in trading market predictions on the…

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup

Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20. The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in certain fields with Rasmussen’s expertise. The former politician currently heads Rasmussen Global, a consultancy firm active in diverse fields including democracy, transatlantic relations and security policy. “Given the enormous scope and far-reaching potential of…

Shanghai Launches Smart City Program with MXC Blockchain Startup

China has a strong record of spearheading technological innovation, and it appears to be continuing the trend with its interest in blockchain and IoT supported Smart Cities. Recent developments indicate that the government of Yangpu – a district in the major Chinese city of Shanghai, has initiated an agreement with the MXC Foundation to drive the creation of an IoT-based Smart City. Smart Cities Aim to Improve the Quality of Lives For those unaware, a Smart City is an ideological term that refers to the development of cities that have…

Blockchain Startup Bison Trails Receives $5.25 Mln Investment Backed by Galaxy Digital

New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March 15. Led by two early stage venture capital firms Initialized Capital and Accomplice, the series seed round was also backed by both Galaxy Digital and blockchain-focused asset management firm Distributed Global. Other investors included Notation Capital, Homebrew and Charge Ventures. Bison Trails’ blockchain infrastructure is designed to offer a way to launch secure, available…

Chinese Insurance Giant Ping An Partners With Decentralized AI Startup SingularityNET

Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14. Per the release, the collaboration will at first focus on Optical Character Recognition (OCR), Computer Vision (CV) and model training. SingularityNET notes that the scope of the partnership is expected to expand to multiple industries and initiatives in the future. The announcement has been made shortly after SingularityNET officially launched a beta version of its Ethereum-based decentralized marketplace…

Blockchain ID Startup Metadium Reveals Partnership With Game Engine Giant Unity

Metadium, a South Korean blockchain identity startup, is releasing its Software Development Kit (SDK) on leading game engine Unity’s Asset Store, according to a press release published today, March 15. The press release describes the move as a “strategic partnership” with the gaming giant. Per the press release, the Metadium Meta ID service will be available to game developers using the Unity engine via the Unity Asset Store. In correspondence with Cointelegraph, the startup further explained the nature of the partnership with Unity, noting that its is part of the…

Blockchain Startup CEO Kidnapped in Kiev

Sunday, a Ukranian blockchain CEO got kidnapped in Kiev. Gregory Kucherkov is the CEO of Cornerstone, an effort to fund real estate investment with a blockchain token. Conerstone is planning an ICO. CCN received a tip from COO Fedir Martynov, and reached out to him by phone. Martynov tells us that the firm has already raised some capital for its ICO in a private sale, and they and the local police believe this may be the motive for the kidnapping. Currently Cornerstone is preparing for an ICO, and has already…

Nasdaq Licences Its Market Surveillance Tech to Crypto Startup Bcause

United States-based crypto startup Bcause LLC will use Nasdaq’s trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13. According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019. According to Nasdaq, the tech will let the company monitor its markets for manipulative activities and other types of suspicious conduct, therefore creating a more secure spot and derivatives market. Fred Grede, CEO of Bcause, expects that the…