Stephen Schwarzman, CEO, co-founder, and chairman of Blackstone Group CEO has given his view on blockchain and Bitcoin. He said, “I don’t have much interest in that (Bitcoin) because it’s hard for me to understand. I was raised in a world where someone needs to control currencies… There are all kinds of uses you can have from certain executions. (Blockchain tech) is a very good idea, and it will end up being adopted because it’s a good technology. Applying it to the creation of money is sort of, for my taste, pretty odd.”
The HashKey Capital (strategic investment wing of HashKey Group based in Hong Kong) has made public that it has invested in IoTeX (an IoT-blockchain platform for privacy) raise awareness of privacy products. Chao Deng, CEO of the investor expressed, “We believe IoTeX is setting the gold standard for blockchain & IoT by developing real, transformative products to make the Internet of Trusted Things a reality.”
Tata Motors (a major automobile manufacturer headquartered in India) has revealed its vision to integrate blockchain solutions into automobiles, it has launched a program for startups called ‘Tata Motors AutoMobility Collaboration Network 2.0’ to built AI & blockchain solution. Its head of corporate strategy, Shailesh Chandra commented, “In the current age of uncertainty and speed of change, the above effort of sourcing solutions will need to be driven both through in-house initiatives as well as collaborating with external partners.”
The BlockChain Innovations (a Las Vegas Based firm) and Skyrocket founders Sean O’Kelly and Richard Clarke had struck a deal on The Games Company (TGC) for laters movie-themed titles. Sean O’Kelly of Skyrocket commented, “We’re looking forward to working with Hans and the talented team at TGC to integrate Skyrocket’s existing brands and IP. All of this strengthens Skyrocket’s offering and reach and sets us up for rapid growth.”
CargoX (a public blockchain based logistics firm) has revealed that it has integrated with RoadLaunch (a private blockchain freight management platform) this will allow to keep records on multiple blockchains simultaneously. The founder of RoadLaunch, Cory Skinner said, “The partnership with CargoX is a big step forward in the supply chain industry and further sets the stage for next-generation logistics. Global organizations will be able to see an enhanced, trusted and simple interface for their shipment tracking and document transactions using multiple blockchain technologies,”
AssetBlock (a blockchain real estate startup) has launched a new platform on Algorand blockchain which will allow users to trade commercial properties and but ALGO cryptocurrency can’t be used for real estate stake for now. Algorand’s CEO Steve Kokinos observed, “We have immediate finality. If you start to look at high-value assets like real estate, finality – having absolute certainty over who owns that asset – is very important.”
Marshal Lion Group management (a nonbanking lender based in Poland) has announced that it is on a visit to the second-largest economy of the world and has the vision to expand there. The Marshal Lion Group provides loan requirements for enterprises, individuals have been using blockchain to transparent, fast, and secure loans. It has also launched its own MLGC token which allows investors to receive up to 50% of the profits from the sale of its products.
The OpenSC (a blockchain food provenance platform) which was developed by WWF-Australia and BCG Digital Ventures has made public that it has received $4 million in seed funding from strategic impact investors. The new CEO of OpenSC Markus Mutz said, “We’ve reached a point where technology has evolved and can be harnessed to create a whole new level of transparency and rebuild trust.”
A blockchain and AI platform, Roobee has announced a new IEO, which will be its third after last two successful IEOs. Its co-founder Artem Popov said, “We’re trying to level the playing field on financial markets. Our goal is to provide retail clients with the same investment opportunities and level of security as the largest financial market players, wherever in the world they are and no matter what their capital stands at, even at $10…”
The LG Electronics (a tech giant headquartered at South Korea) had announced that it will surely launch its own blockchain-based smartphone. The manufacturer stated, “Patents are only lodged to forestall the market. So, as per now, it is still too early to anticipate to what degree the wallet will be launched or the types of electronic devices it will be used together with”. It will now take on Samsung & Kakao, who have already released their products.