An announcement was made by blockchain-powered AXEL.Network regarding their plan to launch an Initial Exchange Offering (IEO) with Probit. The CEO of AXEL, Tony Tan explained, “This partnership between AXEL and Probit is very exciting for us, as it offers exposure to an entirely new group of users. It also allows for the access and stability of AXEL.Network to help us drive the next phase of growth.”
One of the largest blockchain gaming conference will be organized in Ukraine, the CGC Kyiv 2019 will take place between October 10th-11th. The Head of Global Business Development of GUMI inc, Masaru “Nogi” Ohnogi commented, “CGC is the only conference purely focused on blockchain gaming, where we can meet and deeply discuss technologies with people who are enthusiastic and passionate about it.”
A partnership was established between KPMG (a accounting major) with a blockchain innovator, R3 & Tech giant Microsoft for telecom blockchain. The Head of Blockchain operations in KPMG, Arun Ghosh explained, “While we will be able to consume more data more quickly and across more locations than ever before in this next wave of telecom advancement, it is becoming increasingly complex for telecom companies to track and settle interchange fees.”
One of the largest bank in the U.S, the Bank of America (BoA) has reportedly filed a patent for a settlement system citing the Ripple ledger (DLT). The patent filed will allow BoA to enable real-time settlement and transactions will be communicated through a shared, decentralized ledger and BoA was shared to have the most blockchain patents in the financial industry.
An announcement has been made that NASDAQ has successfully granted a new patent award for an information computer system provided for securely releasing time-sensitive information to recipients via a blockchain. From the patent abstract, “An information computer system is provided for securely releasing time-sensitive information to recipients via a blockchain. A submitter submits a document to the system and a blockchain transaction is generated.”
As an effort to increase the awareness of blockchain technology, the #MetaGather has been launched by #MetaHash (a blockchain network) Program will be organizing targeted campaigns to familiarize the blockchain technology to the public & consensus building. The CEO of J.P Morgan Chase, Jamie Dimon then explained, “To put it in perspective, we’ve been talking about blockchain for seven years and very little has happened.”
A collaboration has been made between an Italian football club, AS Roma with a blockchain platform, Chiliz to join a blockchain based voting platform, Socios. An announcement introducing the partnership explained, “This partnership allows us to educate a huge audience of mainstream consumers to the benefits of blockchain and cryptocurrencies, across Europe as well as Asia and Latin America.”
The Former executive of Disney, Chris Wang is at present the CEO of ThunderCore which is working with the aim to deliver the next generation of a blockchain network to cater to the needs of the market that is currently emerging globally. He said, “I think one of blockchain’s greatest value propositions is that it can bring transparency and fairness to everyone. While this is a great technology, when I first started, it wasn’t very practical because of how slow and expensive validation is on a distributed network.”
A report published by The Foundation for Defense of Democracies (FDD) had unveiled that implementation of blockchain can be used to reduce U.S economic hegemony & dominance in global finance. The FDD then explained, “For decades, US adversaries have been trying to evade and undermine this power, but there has been no way to conduct significant international commerce without moving through the pipes of the US dominated global financial system. Now, new pipelines are being built.”
A blockchain-powered evidence preservation app has been launched by a start-up named BlockChain Security Inc. The CEO of BlockChain Security, Po Huang explained, “Although the blockchain concept is not widely known among the nation’s courts and preservation of digital evidence in blockchains has not been adopted in Taiwan, we believe that judges should be familiar with the tool and recognize it as an effective way to preserve data.”
8 hours ago
8 hours ago
