DOVULab, a blockchain startup, has successfully completed its first pilot with BMW and Alphabet, BMW’s leasing and fleet vehicle division. DOVU’s applications platform was included in a ten-week program with BMW’s Innovation Lab in the UK, where start-ups had the opportunity to pilot their products at scale, with mentoring from senior members of the BMW […]
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Cameron and Tyler Winklevoss’s company, Winklevoss IP, has been awarded a utility patent on the settlement of Exchange Traded Products (ETPs) that hold cryptocurrencies and other digital assets. According to the patent filed with the USPTO, the intellectual property pertains to “systems, methods, and program products for operating exchange traded products holding digital math-based assets.” […]
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Oracle Corp. will release its blockchain software in May 2018, according to an article in Bloomberg. The company will provide their blockchain product as a platform-as-a-service by the end of the month, followed by a decentralized ledger-based application in June 2018, according to Thomas Kurian, president of product development. This plan would bring the number […]
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PwC Hong Kong and PwC Singapore have entered into a joint business relationship with VeChain Global Technology, with each organization acquiring a small ownership interest in VeChain, according to the PricewaterhouseCoopers website. The purpose of the partnership is to utilize VeChain’s trust-based services in accessing and performing transactions on the platform. According to PwC Asia […]
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Several of the most popular automobile manufacturers in the world, including BMW, GM, Ford and Renault have created a group to determine the utility of blockchain technology in the automotive industry. These manufacturers were among the 30 founding members of MOBI, the Mobility Open Blockchain Initiative. Other founders included Bosch, Blockchain at Berkeley, Hyperledger, Fetch.ai, […]
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Vitalik Buterin announced that “Sharding is coming” in a tweet on Monday, April 30. Sharding is a method for increasing the transaction processing capacity, in this case for the Ethereum network. Sharding is coming.https://t.co/Aqo9MBiCj0 pic.twitter.com/FXEQeiKGDr — vitalik.eth (@VitalikButerin) April 30, 2018 The tweet served as a general announcement, but Buterin went into much greater depth […]
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Waltonchain affiliate, Citylink partnered with China Telecom to promote the Xiamen Smart Community pilot project in February. Since then, they have expanded the system to reward users for various activities including waste classification and reduction. The Smart Waste Classification system is a new model for outsourcing public services in urban environments. The model includes several […]
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Revolut reached a $1.7 billion valuation, according to Quartz after integrating cryptocurrency into its payment app, making it the top fintech firm in Europe that allows users to send bank payments with extremely low fees, surpassing TransferWise’s valuation of $1.6 billion. Revolut was valued at less than $1 billion in 2017, with a much smaller […]
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OKEx, a Hong Kong digital asset exchange has suspended all ERC20 token deposits on April 25 after the discovery of a BatchOverFlow bug with Ethereum smart contracts. According to OKEx, the bug enables hackers to “generate an extremely large amount of tokens, and deposit them into a normal address.” This vulnerability, by extension, would enable […]
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Gemini has announced a partnership with Nasdaq to monitor its platform. Under this agreement, SMARTS, Nasdaq’s surveillance technology, will be utilized to increase oversight over all cryptocurrency trading pairs on the exchange, including BTC/USD, ETH/USD and BTC/ETH. This Nasdaq technology will not only be used to monitor actual trading on the platform, but it will […]
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