Tech investment company Cosimo Ventures has committed $3 million in a newly-founded blockchain and cryptocurrency-related currency. The company had also invested $1 million in Dundalk-based Gecko Governance, software creator for financial services and Nova Leah, led by Anita Finnegan who concentrate on cybersecurity. Cosimo’s other partners are Ciarán Hynes, MD of Ovation.
The academy aims at addressing education gap worldwide to ensure the future of blockchains. The founder and CEO, John Souza, stated that the programs were made to address the rapidly evolving needs of blockchain and cryptocurrency. The academy is the successor to the one that had been opened in Russia
The National Association of Software and Services Companies (NASSCOM) has signed a MoU with Blockchain Research Institute in Canada. The deal aims at ‘adoption and deployment’ of blockchain in India. They plan to bring out a Centre of Excellence in India in order to discover adoption of blockchain technology in various streams.
With an aim to lessen bank frauds, the Primechain Technologies has unveiled Primechain Guarantee. The developed blockchain would maintain records of Letters of Undertakings, bank guarantees, and such others. API driven blockchain would facilitate banking industry and other legal systems to integrate Primechain Guarantee. The stored documents can be viewed only by banks.
The R3 Blockchain group declared open a Legal Center of Excellence (LCoE), comprising ten law firms. It aimed at educating bureaucrats about blockchain technologies. Corda, the blockchain platform, was established by R3 consortium. The law firms get opportunities to associate with Corda and experience project demos.
Prime Minister Modi coined blockchain as ‘disruptive.’ Addressing at the World Congress on Information Technology (WCIT), Narendra Modi stated, “Disruptive technologies such as Blockchain and the IoT (Internet of Things), will have a profound impact in the way we live and work. They will require rapid adaptation in our workplaces.”
Omise and the Ministry of Digital Affairs, Thailand sign MoU
The Government of Thailand makes a move that will foresee parties collaborate to develop a national identity verification and online payment system. The plan is to provide national ID to avoid online fraudulence and make online transactions convenient and light. OmiseGo was also part of the launch of Etherum community fund last week.
Australian public research university launched a short online course on blockchain technology. The admission is open to all which cost AUD$1500 and kicks off on March 19th. The 8-week course will be “as practical as possible” by connecting the participants with blockchain community. 12 credit points to select programs is given to participants on completion.
Action film star Steven Seagal’s endorsement for Bitcoiin2Gen comes over a month before the second generation bitcoiin sales. The cryptocurrency is based on etherum’s blockchain in partnership with a company named Dragon Mining. The additional “I” to bitcoiin raised confusion many cryptocurrency buyers. Other celebrities to endorse are Floyd Mayweather, Jr. and others like Jamie Foxx among others.
Top people who are responsible for making $400 billion into what it is in the industry listed by Cointelegraphs. The list was made of the number of mentions for each participant in Forbes’ and Fortunes’.