28-06-2017
01:28 pm
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Category: Blockchain Technology

IBM to build a new trade finance platform with Hyperledger No Comments

IBM will build and host a new trade finance platform with seven of the most influential European banks using it's Big Blue’s Hyperledger Fabric. This Digital Trade Chain Consortium (DTC) - which was formed in January 2017 - includes Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and Unicredit. The main goal is filling the financial gaps related to domestic and cross-border t...


ICO, IPO, startups, fundraising, investors

ANX International’s OpenANX ICO Raises Over $14 Million on Day One No Comments

OpenANX, the blockchain based solution for decentralized cryptocurrency exchange platforms is currently in the process of raising necessary funds for development. The OpenANX crowdsale that went live on June 22, 2017, has already raised over $16 million against the sale of over 22 million OAX tokens. In a recent press release, ANX International — a leading blockchain company known for its whi...


ICO, IPO, startups, fundraising, investors

Is EOS Crowdsale Going to Break Bancor’s Record? No Comments

ICOs, the most preferred way to raise funds for cryptocurrency startups have been creating records lately. The recent Bancor crowdsale established a new record after it raised over $150 million in no time. As people become more open to the new mode of fundraising, projects with the potential to offer revolutionary breakthroughs in real-world applications can expect to garner more than enough suppo...


Why Blockchain Will Power The Big Banks In 2016

Dubai Could As Well Receive the ‘Blockchain City’ Title No Comments

Blockchain technology has become the holy grail of the technology sector. Its endless capabilities have influenced the development and implementation of distributed ledger based solutions in virtually every industry and government. However, not all countries are equally involved in the new initiative. Some of them, like Dubai, has gone an extra mile to encourage the use of cryptocurrency technolog...


Thunder Network

Blockchain Raises $40 Million from Google Ventures, Virgin Group and Others No Comments

Blockchain -- the cryptocurrency startup, known for its Bitcoin wallet and block explorer has announced yet another successful funding round. The company has raised a sum of $40 million in the investment round led by Lakestar venture capital. Other prominent names joining the round includes Google Ventures (GV), and Virgin Group's Richard Branson, Nokota Management, Digital Currency Group, Lightsp...


bitcoin, blockchain, super computer

SONM ICO Raises over $42 Million in under 4 Days No Comments

There are numerous tasks that require massive amounts of processing power. But the access to such powerful machines doesn't always come that easy, at least until now. SONM, a blockchain project is on a mission to solve the problem by creating a universal fog supercomputer that makes use of distributed ledger technology. In order to facilitate the project, the platform recently launched an ICO camp...


insurance sector

AIG Issues Its First Insurance Policy on Blockchain No Comments

AIG, the multinational insurance provider, has announced its first blockchain based insurance policy, that was issued to UK's Standard Chartered Bank. The blockchain policy termed the “master policy” governs multiple policies for the bank's operations in various countries. The insurance sector has found that blockchain technology can offer them loads of benefits at a fraction of the cost. T...


Indian Blockchain Startup Audience Farm Enters AdTech Space No Comments

In the recent days, India has emerged as one of the strong forces in the crypto-sector as it attempts to keep up with many developed countries when it comes to research, development, and deployment of blockchain solutions. The focus of Indian blockchain sector is gradually expanding beyond fintech, to other segments like shipping and logistics and AdTech. Recently one of the blockchain companies, ...


blockchain

Blockchain: A Threat, as Well as an Opportunity for Conventional Accountants No Comments

It is increasingly becoming important for people to have an idea of Bitcoin and blockchain technology. With Bitcoin gaining legal status in various countries and the ever-growing implementation of blockchain technology across different industries, it is now important for those working in finance and accounting line of work to be prepared for the upcoming shift in industry trends. A recent artic...


ICO, IPO, startups, fundraising, investors

Bancor Raises $153 Million, Creates a New Record in ICO History No Comments

Initial Coin Offerings (ICOs) have become the most preferred way for startups and businesses, especially the ones in cryptocurrency industry to raise the necessary funds for product development and marketing. Unlike angel and VC funding, ICOs are open to the public, allowing them to contribute as much as they wish. The community will also act as the jury and decides whether the project is fit to r...


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