Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system. Among other contributors, Gapless saw FinLab EOS VC Fund, a joint venture between Block.one and […]
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CipherTrace seeks to fill the “blind spot” in crypto compliance with the launch of Armada. April 28, CipherTrace launches Armada, a product designed to eliminate risky cryptocurrency blind spots for banks and financial institutions. Unlike other products by CipherTrace and many similar products by its competitors, Armada focuses on the off-chain data instead of on-chain […]
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The U.S. Department of Transportation released a lengthy report on blockchain’s application for drones. The U.S. Department of Transportation recently publicized its effort to further harness blockchain in the world of drones. “Blockchain technology is being looked on to deliver a framework that can be used by stakeholders in the commercial drone industry,” the government agency […]
Continue ReadingThe US token issuance platform cited automation, regulatory compliance, and properly utilizing blockchain technology as reasons for the move. Security tokens platform TokenSoft has joined the U.S.-based crypto lobbying group Blockchain Association (BA). The San Francisco-based token issuance platform said in an official announcement on April 27 that it would be entering the D.C.-based organization […]
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Andreas Antonopoulos believes that companies like Chainalysis violate the civil rights of millions of individuals. In an interview from April 25, Andreas Antonopoulos compared working at Chainalysis to working for a weapons manufacturer or a company that builds cages for concentration camps. Andreas Antonopoulos, perhaps, the best known Bitcoin (BTC) educator, had very harsh words […]
Continue ReadingTech firm MVC Global and logistics firm Cox Logistics Group will launch a SmartHub warehouse to improve the distribution of pharmaceuticals across the Gulf region. Bahrain-based tech startup MVC Global and logistics firm Cox Logistics Group will jointly launch a so-called SmartHub logistics warehouse to improve the distribution of pharmaceuticals across the Gulf Cooperation Council. […]
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One of Canada’s top 50 companies is embracing blockchain technology to streamline its complex supply chain. Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network. FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, […]
Continue ReadingBIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies. Benoît Cœuré, the head of the Bank for International Settlements Innovation Hub, recently asserted that central bank digital currencies, or CBDCs, have been brought “into sharper focus” amid the coronavirus pandemic. Speaking during a […]
Continue ReadingA one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly […]
Continue ReadingSecuritize, a compliance platform for token issuers, has released a new tool that ensures private digital securities trading is completed compliantly. Securitize, a digital securities platform backed by major cryptocurrency exchange Coinbase, has announced a new tool that assures that secondary market transactions of digital securities are compliant with regulations. According to an April 22 […]
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