BNY Mellon (a banking and financial services holding company) has announced that it has appointed Subhankar Sinha (founder of Nabartham LLC) as its head of blockchain. Roman Regelman, BNY Mellon’s Head of Digital commented, “Subhankar has proven himself both as a blockchain thought leader and results-oriented tactician, his addition to our team will build upon existing digital capabilities and help drive new and innovative client solutions.”
Seamico Securities Digital (a brokerage company based in Thailand with Elevated Returns as its backer) has announced that it will be launching its real estate security tokens, as it has obtained the official license to from the regulator. It was Stephane De Beats, Elevated Returns’ president has break the news to public that they will tokenize $1 billion worth of a real estate.
A collaboration has been made between a blockchain-firm, Kadena and the US Commodities Fund Investments (USCF). The collaboration aims to accelerate the growth of blockchain-powered investment products. The CEO of USFC, John Love then explained, “Kadena has solved scalability and security constraints previously associated with blockchains to offer exciting potential applications.”
The settlement agreement between Alex Tapscott and NextBlockchain Global Limited (NextBlock) has been approved by the Ontario Securities Commission (OSC). The Director of the Enforcement at the OSC, Jeff Kehoe commented, “This dishonest behaviour robs investors of the opportunity to make informed investment decisions and undermines confidence in our markets.”
The Director of Regulatory Relations of Ripple, Ryan Zagone has expressed his opinion that blockchain and cryptocurrency will have a role in US technology independence. Zagone then explained, “There is a broad discussion in Washington around 5G being dominated by foreign firms and the U.S. being reliant on foreign technology and foreign expertise…With blockchain and crypto, I think there’s a recognition now that these will be part of our future infrastructure.”
A blockchain company based in Poland, Billon has been awarded 2 million euro worth of fund from the European Commission’s SME Instrument program. The CEO of Billion Group Wojtek Kostrzewa explained, “With the funding from Horizon 2020, Billon will fulfil MIFiD2 and GDPR requirements with innovation that puts a customer in control of their own data and documents.”
The computer-hardware mammoth IBM has recently shared Five Blockchain Principles to follow which will guide its blockchain-related work. The five principles were listed in the report which IBM has confirmed to follow guidelines shared as an effort in accelerating the future of blockchain technology to the mainstream adoption which also use to ensure blockchain to have better future in the technology industry.
The credits go the UBIK, a Croatia’s self-regulating blockchain and organization in making the first formal blockchain-powered vote during UBIK’s yearly assembly possible. The assembly poll was held on previous April 24th which featured an election for the organization’s president and board, with the aim in trialling the effectiveness of blockchain technology for small elections to medium governing bodies.
A German state North Rhine-Westphalia (NRW) has shared its intention to develop a European Blockchain Institute. The press release has also explained that numerous sectors especially the cryptocurrency mining space could benefit this blockchain and has described the technology: “This technology can be safe, decentralized, affordable and, when used properly, not too energy-intensive.”
A device named Elk is a prototyping board for building a blockchain-connected device, the team previously it has had the experience in building open-source hardware for IoT. One of the Elk’s Founder, Amr Saleh explained, “We believe current blockchain development is sub-par, let alone blockchain development for embedded devices. There’s room to make a 10x improvement to the UX and that’s what we’re setting out to do.”