Medici Ventures now has a 10 percent stake in agricultural blockchain firm GrainChain, with the option to acquire an additional 10 percent. Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4. Founded in 2003, […]
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Binance’s CEO has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the near future. Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide […]
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With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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A new, scalable blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding. A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital. The funding was reported by Fortune’s crypto-focused news section […]
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sponsored A company is creating a network of self-service kiosks driven by blockchain, where consumers can pay bills, book airline tickets and make purchases. A blockchain-based company has unveiled plans to roll out a global network of self-service kiosks — enabling millions of unbanked people around the world to pay bills, make purchases and access […]
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GMO Coin, a Japanese exchange, is resuming Bitcoin Cash trading employing ABC’s blockchain. GMO Coin, a Japanese cryptocurrency exchange, has resumed Bitcoin Cash (BCH) trading with the BCHABC blockchain, Finance Magnates (FM) reports Dec. 3. The exchange has reportedly “announced that it will be resuming BCH/JPY trading” tomorrow, Dec. 4. The trading had been “temporarily […]
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Ohio businesses can soon pay taxes in Bitcoin, while Nasdaq looks ahead to a Bitcoin futures launch. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week […]
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More about Amazon’s recent blockchain-related offerings. On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per […]
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JPMorgan’s Quorum technology forms the backbone of the latest blockchain solution for major oil industry players Shell, BP and others. Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients, a press release reports Nov. 29. VAKT, which uses JPMorgan’s Quorum blockchain technology to run, […]
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A new analysis looks at the applications driving blockchain adoption in global retail, which is forecast to soar from $80 million today to over $2.3 billion by 2023. The market value of blockchain in global retail is forecast to see a 29-fold increase in value over the next five years, according to an analysis of […]
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