The European Patent Office has recently shared their suggestion for the blockchain business to protect their Intellectual Properties (IPs) and expressed its encouragement to firms to file more blockchain-related patent applications. The European Patent Office has predicted that the number of patent filings for the blockchain-related patent will be increasing in coming days.
A former member of the U.S. Securities and Exchange Commission (SEC), Antoine Dresch, with more than 20 years of experience in investment banking, would serve the advisory board of the Bitfury blockchain company. The CEO of the company, Valery Vavilov stated, “She will help guide and support Bitfury by offering her comprehensive knowledge on financial markets and regulation.”
The RIF Labs has acquired RSK Labs, a smart contracts platform. The RIF Labs would be purchasing the entire shares of RSK. The RSK has expressed, “This is a huge milestone and will help us accelerate the adoption of open source blockchain technology worldwide.” The acquisition is expected to enhance the interoperability, scalability and other complex technologies.
Aergo received $30 million worth of fund from Samsung Ventures. The founder of AERGO, Phil Zamani explained, “Blocko’s approach to the next frontier of open-source technology, the blockchain, will emulate that which I made when leading business strategies in firms like Red Hat, where innate customer know-how, which Blocko has, was the edge over competitors like IBM.”
The co-founder of Fluidity blockchain firm believed that the blockchain and the smart contract technology could transform real-estate investments. The company has associated with a broker-dealer company called Propellr aimed at the development of a tokenized real estate investment opportunity. Reportedly, the association would permit investors to purchase shares in a $36.5 million block of condors.
The asteroid mining company, Planetary Resources, has been bought by ConsenSys blockchain firm in an asset purchase consideration. The terms of the agreement were not disclosed. Reportedly, the president and chief executive of Planetary Resources, Chris Lewicki, and the general counsel, Brian Israel, would be joining the office of ConsenSys as part of the acquisition.
The Veem blockchain payment provider company has managed to raise $25 million through a funding round. Reportedly, the raised funds would be used for diversifying its services aimed at the provision of seamless transactions for small enterprises. The company has also received investments from Goldman Sachs through its Principal Strategic Investment Group.
The Blockchain App Factory, a firm that develops highly functional solutions for blockchain companies, has declared the launch of STO services. The firm is to offer Security Token and White-label Exchange development services. The exchange offers zero fees for trading. The security tokens are expected to help investors generate huge returns over their investments.
The blockchain startup, Chain Inc has been acquired by Lightyear Corp, a company establishing on the Stellar blockchain. The Chief Executive of Chain, Adam Ludwin revealed that the new company is to be called as Interstellar and the customer base and products of Chain are to be moved to the Stellar’s public ledger. Ludwin will serve as CEO of the new company.
Smart Valor blockchain company has been given the approval to operate in the local financial market. The Switzerland based company would be monitored by the Financial Services Standards Association. The company also has plans to launch an online platform for various investments. It also seeks to receive a banking license in order to offer investment services.