Category: Blockchain news

Blockchain news

Ledger And Neufund Create The Foundation For Security Tokens Management

The manufacturer of hardware cryptocurrency wallets Ledger and German crypto startup Neufund have joined forces in order to provide users with the ability to manage Security tokens through the Ledger application. As stated in a joint statement of the companies, Ledger Live is a specialized application for managing cryptocurrency assets. In test mode (and further), this application supports ERC-20 standard tokens. And with the help of the protocol suite from Neufund, application users will be able to manage Security tokens. For smooth operation, Neufund has partnered with the BitBay exchange to provide investors with the opportunity to buy and sell

Blockchain news

Huobi Obtained A License On Gibraltar

Huobi continues to develop its activity in the cryptocurrency industry. This time, a company’s members announced that they obtained a license on Gibraltar, where applies British jurisdiction. On Dec 5, Huobi Global’s Head of Global Institutional Business Lester Li shared at a London conference his 2019 expansion plans in UK, Huobi Institutional account features and benefits, Huobi Group’s investment criteria, as well as HUSD, Huobi’s stablecoin solution.#HuobiGlobal pic.twitter.com/k2EQjmmSWs — Huobi Global (@HuobiGlobal) December 6, 2018 Due to this license, Huobi is aimed to expand its international platform, which was created for institutional investors and traders. The part of the release

Blockchain news

SBI Holdings To Revitalize Blockchain In Asia

It seems like a blockchain technology has a good reputation in the Asia market, however, not all industries had a chance to test the super technology. That is why SBI Holdings in joint cooperation with R3 decided to solve this issue. According to the resource, Japanese company SBI, which is extensively working in the cryptocurrency and blockchain sphere, will fund R3 as a part of the promotion. “Europe is the most advanced in blockchain product development. The new joint venture will strengthen the Japanese language service, and promote adoption”, – said R3 CEO David Rutter. Company’s members also stated that

Blockchain news

Powerful Than The Internet: More than 37% Of Large German Business “For” Blockchain

German business continues to be interested in blockchain technology. A recent market study showed that more than 37% of big business representatives showed interest in the blockchain and consider this technology to be more promising than online promotion. According to the report of the German edition of Bitkom, in general, 15% of German companies believe that the blockchain “will change society and the economy in the same way as the Internet.” “In addition to artificial intelligence (AI) and the Internet of Things (IoT) market, blockchain technology is one of the three current areas of development with“ enormous potential ”, the survey

Blockchain news

HTC Cryptophone: Taiwan Techno Giant Introduced Its Blockchain Smartphone

HTC introduced its first crypto-enthusiast smartphone Exodus 1 in Helsinki, which began taking orders in October. Earlier, FNI Blockchain already wrote about the technological and innovative development of Taiwanese developers. The presentation of the HTC smartphone took place in Helsinki with the participation of the creator of Litecoin, Charlie Lee, and bore a clear ideological burden. HTC Chen, director of HTC decentralization, said the company believes in the open Internet and expects Exodus to help users get rid of the “tyranny of technology” by regaining control of their personal information. According to him, what was perceived as the beginning of

Blockchain news

The Anti-Forgery And Counterfeiting Via Blockchain Solutions

The U.S. Department of Homeland Security announced an $800,000 grant. Within the grant, American authorities are planning to fund the organization, which will provide the blockchain solutions for anti-forgery. The DHS, via its Department of Science and Technology, announced to launch a non-dilutive funding, which includes four phases. A non-dilutive funding does not require a sell of the company’s equities, which will be funded. The funding program is related to the solicitation under the title “Preventing Forgery and Counterfeiting of Certificates and Licenses”, which was launched by DHS in November. The main objective for DHS is to improve its capabilities

Blockchain news

KYC And Blockchain: A New Type Of Application To Tested In Abu Dhabi

Financial capacity in the UAE continues to increase. Recently, the Abu Dhabi Global Market (ADGM), which is the United Arab Emirates International Financial Center, announced the successful completion of testing the blockchain application for the KYC procedure. As stated in the message, the first phase of the project was carried out jointly with the Financial Services Authority (FSRA) and a consultant from KPMG. The application provides financial institutions with a single platform where the client can identify the person only once, without having to repeat the procedure in other subjects. The key features of the application are an immutable and

Blockchain news

Swift is Shifting to Blockchain

The Swift payment platform is testing a new system based on blockchain technology to solve the problem of delayed payments and to reduce errors, according to the Financial Times. Swift is an international banking system, founded in 1973 by 248 banks from 19 countries, today includes more than ten thousand financial institutions in more than 200 countries of the world. Tens of millions of transactions shift more than $200 billion every day. However, this system continuously faces more and more serious competitors. Among the latter: Revolut Ltd is a payment system and exchange that supports more than 150 currencies, including

Blockchain news

Innovations For Medical Sphere by Massachusetts General Hospital

Massachusetts General Hospital has signed an agreement with South Korean blockchain startup MediBloc with the purpose to improve the storage and sharing patient data. In the interview to CoinDesk, Synho Do, a member of the Massachusetts General Hospital, revealed the details of the cooperation between American hospital and Korean blockchain startup. “In collaboration with Medibloc, we aim to explore potentials of blockchain technology to provide secure solutions for health information exchange, integrate healthcare AI applications into the day-to-day clinical workflow, and support data sharing and labeling platform for machine learning model development.” Currently, many hospitals and other medical entities

Blockchain news

Can Infura Bury Down The Entire “Old” Ethereum Network?

Yes, do not be surprised at such a question. The fact is that three months ago, the advertised infrastructure platform Infura, which serves the Ethereum network, leaves many questions behind its work. And regarding the work with the code and protocols, and regarding the work with data transfer in the network (no, not the speed problem, but in sending protocols). One of the well-known Ethereum specialists, Afri Schoedon, said at the end of October that without the work of Infura, the entire network could collapse. And then developers will have two ways – “either create a lighter and new network”,

Blockchain news

Crypto Exchange By Satang Corp. Is Ready For Launch

Despite the fact that the cryptocurrency market is going through a really tough time, this does not stop the majority of companies to actively dive into the crypto world. Thai cryptocurrency exchange Satang is planning to launch a Security Token Offering. Thai authorities, which lately have increased the developments of the legislative measures for cryptocurrencies and ICOs, supported Satang idea of launching the crypto exchange. Furthermore, under this project, which is planned for Q1 of 2019, will be created a blockchain center, and a regulatory framework for digital currencies. Supposedly, Satang members expect to use $10 million under this project

Blockchain news

And NEO Again: Service NEO Name Service Began Its Activities

The NEO Name Service has launched a new phase of cryptocurrency activity. Now the service-controlled decentralized exchange DEX will actively engage in fixed trading and sale of active smart contracts. The service said that its decentralized exchange (DEX) will use the buying and selling model at a fixed price, and the launch of smart contracts is in the final stage. According to the owners, DEX will be integrated into the NEL wallet, which can process assets on the NEO blockchain. Also, the crypto site will be able to interact with the smart contract NEO Name Service. Other important features have

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