Giant sportswear, accessories, and equipment product Nike have filed a blockchain and cryptocurrency-related patent confirmed by the United States Patent and Trademark Office. However, Nike is yet to confirm or giving any comments regarding the news where Cryptokicks trademark was created on 19th April 2019 and was listed under Nike Inc. which could indicate the beginning of new crypto venture by another American corporation.

A tobacco company, Philip Morris has shared that they are currently working on developing a “public blockchain”. The global head of architecture and tech innovation at Philip Morris, Nitin Manoharan have shared at the London Blockchain Expo then commented, “The aspiration is an industry-wide blockchain that interested stakeholders can come in and subscribe to it and benefit from it. If they see no value they can just leave.”

An open-source protocol, Kyber Network that works on digital asset conversion and instant exchange has announced that it going to release its first network to power on-chain token swaps. Their mission is to To make any token usable and exchangeable anywhere. The company has decided to build an interconnected liquidity network using relay bridges that will allow decentralized cross-chain swaps.

Phore which operates on vision to establish low-cost decentralized secure commercial ecosystem on global scale ans also offers B2B blockchain services has appointed Mike Trisko as its new CEO. Trisko said, “I believe Phore has the capability to make a tremendous impact on the industry. The opportunities that lie ahead for Phore as we complete our next-generation architecture, decentralized applications and deliver complete blockchain solutions are enormous.”

Ontology’s VBFT consensus algorithm introduced last year now believe that they have found way to overcome both the performance and the scalability of public chains. VBFT is a new consensus algorithm that combines PoS (Proof of Stake), VRF , and BFT. They take pride that this will disrupt blockchain technology based business and will become most mainstream public chains.

A blockchain firm, Snax which vision to add more value to social media and encourage people to adopt crypto transactions becomes public from April 10 and has also launched its mainnet. They have created SNAX tokens, which is given to it user who creates content in social media in return of his/her efforts. They have successfully launched support for Twitter users and will soon expand our reward program to Steemit, Reddit and Youtube.