Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round

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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The US Dept. of Transportation Is Investigating Blockchain-Powered Delivery Drones

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 […]

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BitGo Offers Tax Tracking Services for Institutional Clients by Acquiring Lumina

BitGo has bought Lumina, a company that provides tax and portfolio management solutions for institutional investors. BitGo, a company previously known for its custody business, is purchasing Lumina, an integrated tax service for institutional traders. The deal is part of BitGo’s year-long strategy to diversify its crypto business. The deal, whose value remains undisclosed, was […]

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