Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan

Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan. Domestic artificial intelligence (AI) startup SenseTime has partnered […]

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Curv Launches Offline Signing Solution After Expanding Into Asia

Curv has launched a software-based custody product allowing secure signing via multi-party computations protocols from offline devices. Curv, a Tel-Aviv and New York-based digital asset security platform, has launched Curv Air Gap — an institutional transaction signing solution that uses multi-party computation, or MPC, protocols on offline devices. The launch comes roughly one week after […]

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Shell-Backed Firm Raises $2.5M for Zero-Knowledge Proof Platform

A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital, […]

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