One of the major University in China, Fudan University have recently launched a blockchain research centre on February 15th. The announcement made by Fudan University also shared that the launching of the blockchain research centre was made in collaboration with Zhongan Online Property Insurance Co., Ltd. and Shanghai Zhongren Information Technology Co., Ltd.
The German government is consulting the companies and industry groups that could become stakeholders for the country’s blockchain development. An article posted by Reuters has reported that approximately 170 startups in Berlin have involved with the blockchain or distributed ledger technology (DLT) and startups in the country’s blockchain industry.
A Chinese blockchain platform, NEO have shared their recent plan to set-up an office in Seattle, United States. The founder of NEO, Erik Zhang then explained the reason behind his decision to set-up an office in the location, “Seattle has huge developer resources and a strong atmosphere of innovation, and NEO has always placed great importance in technology development.”
Internet company and operator based in South Korea, Kakao have revealed that they have been investing more than $57 million for the blockchain, artificial intelligence and other technologies. Kakao has received the profit only $3.8 million, however, despite the loss the vice-president of the corporation Bae Jae-Hyun will continue their investment for DLT and other technologies.
A partnership has been made between Hyundai Commercial with IBM to establish a blockchain-powered financial system. The partnership made have shared that a new supply chain financing ecosystem will be developed for Hyundai Commercial by IBM by using Hyperledger Fabric blockchain technology by IBM to replace the existing manual processing of financing ecosystem in the company.
A social media giant, Facebook seems to hint the world with their plan to launch their own blockchain-powered product soon as they’re currently opening 13 more blockchain experts position in their company. More job has been added to Facebook Careers’ page such as the product Designer, Brand Strategy and Insights Manager, Quantitative UX Researcher, and Mixed Methods UX Researcher.
A global digital asset trading platform, BitMart Exchange has now listed Endor Protocol (EDR). EDR/BTC and EDR/ETH trading pairs. Endor dubbed as the world’s first predictions protocol, powered by Endor’s Social Physics technology and Blockchain infrastructure. Endor analyzes big data using artificial intelligence (AI) in order to find patterns in customer behavior with unmatched accuracy and speed.
Fasttoken, a blockchain-based gambling and casino games platform has announced to use state channels to overcome scalability issue of its blockchain projects and improve the efficiency of the technology. A demo was presented at ICE London, at an event that aims to bridge the gap between both online and offline gaming sectors as this tech is untapped by developer community.
A team from Massachusetts Institute of Technology (MIT) has discovered a method which can significantly reduce the data users must hold to join a blockchain to verify transactions it’s called as Vault network, thereby creating a supersonic blockchain technology that cuts out 99% of the bandwidth needed for validating a bitcoin transactions.
CarePay Limited have shared their plan to implement blockchain, AI and Machine Learning to enhance its M-TIBA platform. The platform tries to guarantee to all the stakeholders that what you pay for is what you get, and Blockchain is an obvious solution for this as it is supposed to act as a single source of truth for everyone.